$1,895,000
Tucson, AZ 85719
MLS# 22627356
5328 sqft
1 / 31
Property Description
Exceptional brand-new construction student housing just blocks from the University of Arizona and minutes from Downtown Tucson! Purpose-built with 9 bedrooms and 12 bathrooms, this thoughtfully designed property features three spacious en-suite units, including ADA-accessible lower-level accommodations. High-end finishes, modern kitchens and baths, and quality craftsmanship create a premium living experience designed for today's student renter. Generous asphalt parking, dedicated bike parking, and additional off-street parking add convenience. A rare opportunity to acquire turnkey new construction in one of Tucson's strongest rental corridors, ideally positioned to attract U of A students seeking modern, upscale housing. Perfect for Air BNB or STR Investors. Owner / Agent
Details
Maps
Address Information
Street #: 502
Direction: S
Street Name: Fremont
Suffix: Avenue
Apt/Unit #: 1
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 124130260
Area: Central
Subdivision: Manlove Add Amended
Contract Information
Current Price: $1,895,000
List Price: $1,895,000
Listing Date: 2026-11-11
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: See Legal
Lot Acres: 0.2
Lot Sqft: 8960
Lot Size Source: Assessor
Combined SqFt: 5328
Year Built: 2026
Total Parking: 6
School District: TUSD
Elementary School: Miles Exploratory Learning Center
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 355.67
Lot Size Price/SqFt: 211.5
Remarks Misc
Geo Lat: 32.216493
Geo Lon: -110.955585
Showing Information
Directions: See Map.
Unit Info
# of Units/3 BR: 3
Avg Mo Rent/3 BR: 2950
Unit 1 Information
Monthly Rent: 2950
# Beds: 3
# Full Baths: 3
# Half Baths: 1
SqFt: 1776
Occupancy: No
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 2950
# Beds: 3
# Full Baths: 3
# Half Baths: 1
SqFt: 1776
Occupancy: No
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 2950
# Beds: 3
# Full Baths: 3
# Half Baths: 1
SqFt: 1776
Occupancy: No
Stories: Two
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 5.11
Gross Rent Multi: 18.78
Vacancy Rate %: 5
Exp/SqFt: 0.75
Exp % of Gross: 3.94
Income
Gross Scheduled Rent: 106200
Vacancy Loss: 5310
Adjusted Gross: 100890
Total Expenses: 3979.27
Net Opp Income: 96910.73
Expenses
Contract Services: 150
Insurance: 2700
Taxes/Assessments: 1129.27
Figures Presented: Proforma
Kitchen Features
Pantry: Closet
Appliance Color: Stainless
Countertops: Quartz
Microwave: Stainless
Bathroom Features
Countertops/Primary: Quartz
Countertops/Hall: Quartz
Interior Features
Interior Steps: Yes
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Fence
Other: Steel
Landscape - Rear
Other: Pavers
Driveway
Paved: Asphalt
RV Parking
Other: N/A
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: Yes
Property Features
Construction: Frame - Stucco
Style: Modern
Roof: Metal
Living Areas: Family Room; Great Room; Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Area
Kitchen Features: Electric Range; Dishwasher
Bathroom Features: 2 Primary Baths; Shower Only/Primary; Shower Only/Hall
Laundry: Laundry Room
Extra Room: Loft
Interior Features: Ceiling Fan(s); Fire Sprinkler System; Walk-In Closet(s)
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Central Air
Main Heating: Electric; Heat Pump
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: Door Levers; Handicap Convertible; Level; Other Bath Modification; Ramped Main Level; Roll-In Shower; Wide Doorways
Security: Security Lights
Green Features: Bath Exhaust Out
Pool: None
Spa: None
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Sprinkler/Drip; Trees
Landscape - Rear: Desert Plantings; Low Care; Sprinkler/Drip
View: Mountain(s)
Road Type: Paved
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: Sidewalks; None
Assoc Amenities: None
Terms: Cash; Conventional; Seller Concessions; VA Loan
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: Owner/Agent
Listing Office: Realty Executives Arizona Territory
Last Updated: November - 12 - 2026
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