$795,000
Tucson, AZ 85719
MLS# 22622933
2189 sqft
1 / 1
Property Description
MORE INFO COMING SOON! Exceptional investment opportunity in Tucson's historic Pie Allen neighborhood, just steps from the University of Arizona. This distinctive triplex offers approximately 2,443 total sq ft and three income-producing residences. The main residence features 3 bedrooms, 1 bath, a fireplace, updated flooring, stainless steel appliances and an inviting front porch. The two additional residences each offer 2 bedrooms and 1 bath, for a total of 7 bedrooms and 3 baths. Off-street parking, outdoor space and close proximity to the U of A, dining, recreation and downtown Tucson make this a compelling investment opportunity.
Details
Maps
Address Information
Street #: 409
Direction: N
Street Name: Park
Suffix: Avenue
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 124052190
Area: Central
Subdivision: Rincon Heights
Contract Information
Current Price: $795,000
List Price: $795,000
Listing Date: 2026-09-17
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.1
Lot Sqft: 4700
Lot Size Source: Assessor
Combined SqFt: 2189
Year Built: 1937
Total Parking: 3
School District: TUSD
Elementary School: Roskruge
Middle School: Roskruge Bilingual Magnet
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 363.18
Lot Size Price/SqFt: 169.15
Remarks Misc
Geo Lat: 32.22677
Geo Lon: -110.95665
Showing Information
Directions: From Speedway and i10 head east. Turn S on Euclid Ave, E on 6th St, S on Park Ave to address
Unit Info
# of Units/2 BR: 2
Avg Mo Rent/2 BR: 1250
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1800
Unit 1 Information
Monthly Rent: 1800
# Beds: 3
# Full Baths: 1
SqFt: 1090
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1250
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 1250
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 4.99
Gross Rent Multi: 14.95
Exp/SqFt: 6.16
Exp % of Gross: 25.35
Income
Gross Scheduled Rent: 53160.04
Adjusted Gross: 53160.04
Total Expenses: 13474.63
Net Opp Income: 39685.41
Expenses
Admin Expenses: 31.11
Management: 4515.49
Taxes/Assessments: 3410.75
Other Expenses: 5517.28
Figures Presented: Proforma
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Owner
Electric: Owner
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Concrete
RV Parking
Other: NO RV PARKING
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Home Protection
Offered: No
Property Features
Construction: Masonry Stucco
Style: Southwestern
Roof: Shingle
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: None
Breakfast: None
Kitchen Features: Refrigerator
Bathroom Features: Shower & Tub/Primary
Laundry: Outside
Extra Room: None
Interior Features: Ceiling Fan(s)
Floor Covering: Vinyl
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Central Air
Main Heating: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: None
Landscape - Front: None
Landscape - Rear: None
View: Residential
Road Type: Paved
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: Historic
Terms: Cash; Conventional
Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: September - 29 - 2026
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