$353,750
Tucson, AZ 85745
MLS# 22227040
Status: Closed
2000 sqft
1 / 28
Property Description
Great opportunity! Fully rented income property with room for cap rate growth. Check out this fantastic duplex in Tucson! 3 parking spaces and mature trees galore. Light & bright interior features an inviting living room, sizable bedrooms, and neutral palette & tile flooring throughout. Cook your favorite dishes in the fully equipped eat-in kitchen, including plenty of cabinets & counter space. You'll love the roomy main bedroom boasting a private ensuite for added comfort. The backyard has a wood fence and a covered patio, ideal for relaxing evenings. Don't wait! (Additional duplex available 509 N Cherokee Ave).
Details
Maps
Documents
Address Information
Street #: 507
Direction: N
Street Name: Cherokee
Suffix: Avenue
State/Province: AZ
Zip Code: 85745
County: Pima
Country: USA
Location Tax Legal
Tax Code: 116-12-6280
Area: West
Subdivision: El Rio Park
Contract Information
Current Price: $353,750
Sold Price: $353,750
Listing Date: 2022-10-19
Status: Closed
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2023-04-11
Pending Date: 2023-05-08
Sold Date: 2023-05-09
Sold Price: $353,750
Sold Price/SqFt: 176.88
Lot Sz Sold Prc/SqFt: 48.34
How Sold: Conventional
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 57X151X41X150
Lot Acres: 0.17
Lot Sqft: 7318
Lot Size Source: Assessor
Combined SqFt: 2000
Year Built: 2004
Total Parking: 3
School District: TUSD
Elementary School: Manzo
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 185
Lot Size Price/SqFt: 50.56
Remarks Misc
Geo Lat: 32.229491
Geo Lon: -110.997576
Showing Information
Directions: Head east on W St Marys Rd, Turn left onto N Cherokee Ave. Property will be on the left.
Unit Info
# of Units/3 BR: 2
Unit 1 Information
Monthly Rent: 945
# Beds: 3
# Full Baths: 2
SqFt: 1000
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 945
# Beds: 3
# Full Baths: 2
SqFt: 1000
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: -1.03
Gross Rent Multi: 187.17
Exp/SqFt: 2.77
Exp % of Gross: 293.23
Income
Gross Scheduled Rent: 1890
Adjusted Gross: 1890
Total Expenses: 5541.96
Net Opp Income: -3651.96
Expenses
Maintenance Supplies: 2079.9
Management: 1703.65
Water/Sewer: 1758.41
Figures Presented: Actual
Construction
Siding: Yes
Kitchen Features
Appliance Color: Other
Countertops: Laminate
Microwave: None
Oven: 1
Bathroom Features
Countertops/Primary: Solid surface
Countertops/Hall: Solid surface
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Tenant
Driveway
Paved: Gravel
RV Parking
Other: None
Neighborhood Features
Green Valley Rec: No
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Property Disclosures
DWR Regulations: No
Home Protection
Offered: No
Sold Info
Seller Concessions: 1250
Property Features
Construction: Concrete Block; Frame - Stucco
Style: Ranch
Roof: Shingle
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: Eat-In
Kitchen Features: Electric Range; Prep Sink; Dishwasher; Disposal
Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall
Laundry: Outside
Extra Room: None
Floor Covering: Ceramic Tile; Vinyl
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Central Air
Main Heating: Forced Air
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Decorative Gravel; Trees
Landscape - Rear: Decorative Gravel; Trees
View: None
Road Type: Paved
Exterior Feature: None
Lot Features: Borders Common Area; Dividable Lot; East/West Exposure
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional
Submit With Offer: Earnest Check; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
SPDS 
Listing Office: Keller Williams Southern Arizona
Last Updated: January - 16 - 2026
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