$590,000
Tucson, AZ 85705
MLS# 22531920
Status: Active Contingent
2112 sqft
1 / 42
Property Description
Located in the West University Historic District, this charming 6 bed/3 bath property on Speedway near 4th Ave blends classic character with modern updates. Unit 1 offers 3 bed/1 bath with new flooring throughout and a completely remodeled kitchen and bathroom, move-in ready and currently vacant. Unit 2 is a spacious 3 bed/2 bath with upgraded concrete flooring, a remodeled kitchen with granite countertops, updated bathrooms, and is tenant occupied. Both units feature custom interior paint. Each has a private backyard. Minutes from the University of Arizona, with easy freeway access and close proximity to shopping, dining, and amenities. Excellent condition throughout. Ideal opportunity to live in one unit and rent the other, or add a strong income-producing property to your portfolio.
Details
Maps
Documents
Address Information
Street #: 420
Direction: E
Street Name: Speedway
Suffix: Boulevard
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 117-02-0530
Area: Central
Subdivision: West University Court (1-7)
Contract Information
Current Price: $590,000
List Price: $590,000
Listing Date: 2025-12-17
Status: Active Contingent
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2026-01-01
General Property Information
Dwelling Type: Duplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.15
Lot Sqft: 6490
Lot Size Source: Assessor
Combined SqFt: 2112
Year Built: 1921
Total Parking: 4
School District: TUSD
Elementary School: Roskruge
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 279.36
Lot Size Price/SqFt: 90.91
Remarks Misc
Geo Lat: 32.235726
Geo Lon: -110.965039
Showing Information
Directions: Speedway/4th Ave. E to property. S side of street.
Unit Info
# of Units/3 BR: 2
Unit 1 Information
Monthly Rent: 1650
# Beds: 3
# Full Baths: 1
SqFt: 1140
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1650
# Beds: 3
# Full Baths: 2
SqFt: 972
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 5.75
Gross Rent Multi: 15.36
Exp/SqFt: 2.12
Exp % of Gross: 11.68
Income
Gross Scheduled Rent: 38400
Adjusted Gross: 38400
Total Expenses: 4484.7
Net Opp Income: 33915.3
Expenses
Insurance: 1005.09
Taxes/Assessments: 1979.61
Water/Sewer: 1500
Figures Presented: Proforma
Laundry
Other: Stacked
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Gravel
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Home Protection
Offered: No
Property Features
Construction: Masonry Stucco
Style: Ranch
Roof: Shingle
Living Areas: Great Room; Off Kitchen
Dining Areas: Dining in LR/GR
Dining Room: None
Breakfast: None
Kitchen Features: Gas Range; Water Purifier; Dishwasher; Refrigerator
Bathroom Features: Dual Sinks/Hall; Shower & Tub/Hall
Extra Room: None
Interior Features: Ceiling Fan(s)
Floor Covering: Vinyl
Window Covering: Stay
Technology: Cable TV
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Decorative Gravel
Landscape - Rear: Decorative Gravel
View: None
Road Type: Paved
Exterior Feature: None
Lot Features: Adjacent to Alley
Neighborhood Features: Sidewalks
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Lead Paint Discl 
Listing Office: eXp Realty
Last Updated: January - 13 - 2026
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