$359,000
Rio Rico, AZ 85648
MLS# 22612536
2679 sqft
1 / 11
Property Description
Investment opportunity in a prime location! This well-maintained triplex features durable brick construction and is conveniently located near shopping, services, schools, and walking trails. Each unit offers 2 bedrooms and 1 bathroom, making it an attractive option for tenants. Live in one unit and generate rental income from the other two. Great potential for owner-occupants or investors looking to expand their portfolio.
Details
Maps
Address Information
Street #: 450
Street Name: Via Lechuza
State/Province: AZ
Zip Code: 85648
County: Santa Cruz
Country: USA
Location Tax Legal
Tax Code: 124-02-290
Area: SCC-Rio Rico West
Subdivision: Rio Rico Villas
Contract Information
Current Price: $359,000
List Price: $359,000
Listing Date: 2026-05-10
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 9,583
Lot Acres: 0.22
Lot Sqft: 9583
Lot Size Source: Assessor
Combined SqFt: 2679
Year Built: 1989
Total Parking: 3
School District: Santa Cruz Valley United School District #35
Elementary School: Mountain View Elementary
Middle School: Coatimundi Middle School
High School: Rio Rico High School
Horse Property: No
Horse Facilities: No
List Price/SqFt: 134.01
Lot Size Price/SqFt: 37.46
Remarks Misc
Geo Lat: 31.496903
Geo Lon: -111.010509
Showing Information
Directions: Exit 17 toward W Frontage Rd. left on Via Lechuza.
Unit Info
# of Units/2 BR: 3
Unit 1 Information
Monthly Rent: 925
# Beds: 2
# Full Baths: 1
SqFt: 894
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 925
# Beds: 2
# Full Baths: 1
SqFt: 894
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
# Beds: 2
# Full Baths: 1
SqFt: 894
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: -0.05
Gross Rent Multi: 121.69
Exp/SqFt: 1.16
Exp % of Gross: 105.59
Income
Gross Scheduled Rent: 2775
Other Income: 175
Adjusted Gross: 2950
Total Expenses: 3114.8
Net Opp Income: -164.8
Expenses
Insurance: 1801
Taxes/Assessments: 1138.8
Water/Sewer: 175
Figures Presented: Actual
Kitchen Features
Appliance Color: White
Interior Features
Interior Steps: No
Electric
Electric Company: Unisource
Water
Water Company: Liberty Water
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Tenant
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Brick
Style: Ranch
Roof: Built-Up - Reflect
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: Area
Kitchen Features: Gas Range
Bathroom Features: Shower & Tub/Hall
Laundry: Laundry Closet
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Evaporative Cooling
Main Heating: Gas Pac
Water Heater: Propane
Gas: Propane
Sewer: Connected
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: None
Landscape - Front: None
Landscape - Rear: None
Road Type: Paved
Road Maintenance: County
Driveway: None
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: Walking Trail
Terms: Cash; Conventional; FHA Loan; Submit
Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: None
Listing Office: Long Realty
Last Updated: May - 15 - 2026
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