EMS Realty

Lisa A.Suarez, Designated Broker

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$1,749,000
443 S Stone Avenue
Tucson, AZ 85701
MLS# 22530271
5039 sqft
Main Bldg. Entrance, facing Stone Av.
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Main Bldg. Entrance, facing Stone Av. Unit 2 and 3 entry doors, facing 15th St. View of downtown Tucson, surrounding residential & Stone av public parking Main Entry Hallway from Stone Av Steps from front entry hallway Main Bldg entry hallway to Units 1, 2, 4, Storage or Bonus Rm & Laundry Rm View from hallway window faces 15th st., creative space Unit 1: 326 SQFT Creative Office/Space, window faces Stone Av & 15th St. Unit 1: View of Primera Iglesia on Stone Av Unit 1: Full Bathroom Unit 1: Kitchenette, Granite Feature wall, custom countertop Unit 2: Studio or Creative Office/Space, 409 SQFT Unit 2: entry door w/keypad, from 15th St. Unit 2: Entry door w/keypad from Main Bldg Entry Hallway Unit 2: Full Bathroom Unit 3: 685 SQFT Studio or Creative Office/Space Unit 3: Kitchenette open/space, exposed adobe. Unit 3: Window facing courtyard, smooth concrete finish feature walls Unit 3: entry door w/keypad for courtyard access Unit 3: Full bathroom Unit 4: 505 SQFT Studio or Creative Office/Space Unit 4: Entry door with keypad from main hallway Unit 4: Kitchenette Open Unit 4: view towards Stone Av. Unit 4: Stunning adobe feature wall, slide door mirrored closet Unit 4: Full Bathroom Main Bldg: Laundry Room from main hallway, up to 3 stackable washer/dryer hookups. Bonus or Storage 236 SQFT Unit 5: Studio or Creative Office/Space 622 SQFT Unit 5: view - Stone Av. smooth concrete finished feature walls Unit 5: 2 rooms - open spaces Unit 5: Kitchenette Unit 5: 2 rooms - open spaces Unit 5: Full Bathroom Unit 6: Studio or Creative Office/Space, 412 SQFT Unit 6: Kitchenette Unit 6: Full Bathroom, spacious walk-in shower Unit 6: entry door w/keypad from Courtyard, NE side gate. Unit 7: Studio or Creative Office/Space, 376 SQFT Unit 7: entry door w/keypad from Courtyard, NE Corner Unit off Courtyard. Unit 7: Kitchenette Unit 7: Full Bathroom Unit 8: Studio or Creative Office/Space, 340 SQFT Unit 8: Entry door/keypad, access from NE side gate entry/courtyard Unit 8: Smooth concrete finish feature walls Unit 8: Kitchenette Unti 8: Full Bathroom Entry door w/keypad from Courtyard to Unit 6 View facing W - A Mtn, public parking spaces View facing downtown NW, residential

Property Description
Owner/Agent. Seize the opportunity to own prime real estate in highly desired Historic Armory Park downtown Tucson, Live/Work in a Walker's-Biker's Paradise! Historically, Amado's Compound between 1840 - 1940's & Tucson's Youth Music Ctr., the Fiddle Thrift Shop between 1970's - 2022. Historic Architectural & Adobe charm meet the needs of today's modern live/work functionality offering 8 Studios or Creative Office spaces each with a new bathroom & kitchenette option! Addl features incl. 2 laundry rooms with 5 stackable hooks ups, a spacious indoor storage or bonus rm & a courtyard! HC-3 Zoning provides for variety use of Office & permitted Residential use; see Commercial MLS 22519690. Public parking/spaces on 15th St & Stone Av. Excellent Walking/Biking score 91/100 & TUGO Bikeshare!

Details
Maps
Documents
Address Information
Street #: 443
Direction: S
Street Name: Stone
Suffix: Avenue
State/Province: AZ
Zip Code: 85701
County: Pima
Country: USA
Location Tax Legal
Tax Code: 117-14-2040
Area: Central
Subdivision: N/A
Contract Information
Current Price: $1,749,000
List Price: $1,749,000
Listing Date: 2025-11-21
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
Showing Information
Directions: I-10, E. on Congress, S. on South Stone Av., property located on corner of Stone and 15th St.
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Assessor
Lot Acres: 0.15
Lot Sqft: 6752
Lot Size Source: Assessor
Combined SqFt: 5039
Year Built: 1937
Total Parking: 8
School District: TUSD
Elementary School: Safford K-8 Magnet
Middle School: Safford K-8 Magnet
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 347.09
Lot Size Price/SqFt: 259.03
Remarks Misc
Geo Lat: 32.215743
Geo Lon: -110.969887
Unit 1 Information
Monthly Rent: 1250
# Full Baths: 1
SqFt: 326
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Unit 2 Information
Monthly Rent: 1700
# Full Baths: 1
SqFt: 409
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Unit 3 Information
Monthly Rent: 1700
# Beds: 1
# Full Baths: 1
SqFt: 685
Occupancy: No
Stories: Single
Furnished: No
Parking: On Street
Unit 4 Information
Monthly Rent: 1700
# Full Baths: 1
SqFt: 505
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Analysis
Cap Rate %: 6.46
Gross Rent Multi: 12.14
Vacancy Rate %: 2
Exp/SqFt: 6.16
Exp % of Gross: 21.53
Income
Gross Scheduled Rent: 147000
Vacancy Loss: 2940
Adjusted Gross: 144060
Total Expenses: 31016.19
Net Opp Income: 113043.81
Expenses
Admin Expenses: 1000
Capital Expenses: 3900
Gas/Electric: 7700
Insurance: 437
Maintenance Supplies: 1000
Management: 7000
Taxes/Assessments: 6779.19
Water/Sewer: 3200
Figures Presented: Proforma
Style
Other: Historic Property
Living Areas
Other: Living Open
Dining Room
Other: Kitchen Open Space
Breakfast
Other: Kitchen Open Space
Kitchen Features
Appliance Color: Other
Countertops: Quartz
Microwave: as shown.
Missing: Stove top(s)/hook up
Bathroom Features
Countertops/Primary: Quartz
Laundry
Other: Indoor/Outdr Laundry
Interior Features
Interior Steps: Yes
Floor Covering
Other: Porcelain
Main Cooling
Other: 8 HVACS 1 Mini Split
Main Heating
Other: 1 Mini Split
Electric
Electric Company: TEP
Sewer
Other: Joint Sewer
Utilities Paid
Cable TV: Owner
Electric: Owner
Gas: Owner
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Asphalt
RV Parking
Other: None
Neighborhood Features
Green Valley Rec: No
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Submit With Offer
Digital Signatures: Yes
Seller Title Company: TSA/First American
Home Protection
Offered: No
Property Features
Construction: Brick; Frame - Stucco; Mud Adobe
Style: Modern
Roof: Built-Up; Rolled
Dining Areas: Eat-In Kitchen
Kitchen Features: Prep Sink
Bathroom Features: Dual Sinks/Primary; Shower Only/Primary
Laundry: Laundry Room; Outside
Extra Room: Bonus Room; Storage
Interior Features: Ceiling Fan(s); Smoke Detector; Split Bedroom Plan; Split Plan; Storage
Window Covering: None
Technology: Cable TV
Main Cooling: Ceiling Fan(s); Central Air; Heat Pump
Main Heating: Heat Pump
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: Entry; Level; Wide Doorways; Wide Hallways
Security: None
Green Features: Adobe; Bath Exhaust Out; Dual-Flush Toilets
Pool: None
Spa: None
Fence: Slump Block; Stucco Finish
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Shrubs
Landscape - Rear: Low Care; Shrubs
View: Residential
Road Type: Paved
Exterior Feature: Courtyard
Lot Features: Corner Lot; East/West Exposure; North/South Exposure; Subdivided
Neighborhood Features: Historic; Jogging/Bike Path; Lighted; Park; Paved Street; Sidewalks; Street Lights
Terms: Cash; Conventional
Submit With Offer: Dual Agency Consent; Earnest Check; Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Loan Status; Proof of Funds
Property Disclosures: Appraisal; Lead Based Paint; Public Airport Vcty; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Supplements
Easy access to businesses, shops, 5 Pts, eateries & social venues. Sun Link Streetcar provides transportation to all 5 Districts! New workmanship highlights: A new expanded hall entrance, keycode door pads installed on each unit. * 8 New HVACs & 1 New mini split systems. All new electrical system, incl. 2 new electric meters & 6 new electric panels. All new quality design lighting & fixtures, new roof work, new interior & exterior plumbing, new quartz countertops & apple wood cabinetry throughout. Beautiful adobe features showcase timeless historical significance! Stunning smooth concrete & granite feature wall designs! All new modern/custom design kitchenettes & bathrooms. New tile flooring/trim, doors & new int/ext. paint throughout. Gently restored Historic exterior doors & windows. Major work done provides an ease of mind for a great investment opportunity! Renovation updates reflect Main Bldg. Eff Age 1937 to 1975 & former Fiddle Thrift Shop 1947 to 1981 (all attached/one bldg). Workmanship warranties transfer zero cost. Historical Property within Tucson's Downtown Incentive Infill Zone. Pre List Appraisal is well above LP! Prime real estate investment opportunity that won't last long! Unit Info & Income/Analysis shown for 8 Studios (currently unoccupied), Not including Utilities: $1250/mo. for Units #1, 7, 8 $1700/mo. for Units # 2, 3, 4, 5, 6

Listing Office: Tierra Antigua Realty

Last Updated: November - 23 - 2025

443 S Stone Avenue, Tucson, AZ 85701 - MLS# 22530271
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