$424,900
Tucson, AZ 85745
MLS# 22620326
Status: Active Contingent
1877 sqft
1 / 27
Property Description
Great investment opportunity in one of Tucson's established historic neighborhoods! Built in 2024, this attached duplex offers approximately 1,882 sq ft of combined living space on a 0.18-acre lot, along with features you don't always find in multifamily properties. Unit 1 features 3 bedrooms and 2 bathrooms, while Unit 2 offers a bright, open-concept 2-bedroom, 1-bath layout with tile flooring throughout. Both units are separately metered and include dishwashers, washer/dryer hookups, and two dedicated parking spaces. Unit 2 also features a landscaped backyard with turf, decorative rock, and a storage shed, providing a private, low-maintenance outdoor space.
Details
Maps
Address Information
Street #: 512
Direction: N
Street Name: Cherokee
Suffix: Avenue
State/Province: AZ
Zip Code: 85745
County: Pima
Country: USA
Location Tax Legal
Tax Code: 116-12-474B
Area: West
Subdivision: El Rio Park
Contract Information
Current Price: $424,900
List Price: $424,900
Listing Date: 2026-08-20
Status: Active Contingent
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2026-10-12
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 446 x 100
Lot Acres: 0.15
Lot Sqft: 6731
Lot Size Source: Assessor
Combined SqFt: 1877
Year Built: 2022
Total Parking: 4
School District: TUSD
Elementary School: Manzo
Middle School: Maxwell K-8
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 226.37
Lot Size Price/SqFt: 63.13
Remarks Misc
Geo Lat: 32.229799
Geo Lon: -110.996869
Showing Information
Directions: I-10/St Marys Rd-West on St Marys Rd. R on Cherokee Ave. Address on R.
Unit Info
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 1350
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1500
Unit 1 Information
Monthly Rent: 1500
# Beds: 3
# Full Baths: 2
SqFt: 1079
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1350
# Beds: 2
# Full Baths: 1
SqFt: 803
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 6.38
Gross Rent Multi: 12.42
Exp/SqFt: 3.78
Exp % of Gross: 20.76
Income
Gross Scheduled Rent: 34200
Adjusted Gross: 34200
Total Expenses: 7101
Net Opp Income: 27099
Expenses
Admin Expenses: 360
Insurance: 666
Management: 3420
Taxes/Assessments: 2655
Figures Presented: Actual
Kitchen Features
Countertops: Granite
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Landscape - Rear
Other: Turf
Driveway
Paved: Gravel
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Contemporary
Roof: Tile
Living Areas: Great Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Area
Kitchen Features: Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall
Laundry: Laundry Closet
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector; Walk-In Closet(s)
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Heat Pump
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Decorative Gravel; Low Care
Landscape - Rear: Decorative Gravel; Low Care
View: Residential
Road Type: Paved
Exterior Feature: Shed(s)
Lot Features: East/West Exposure; Subdivided
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Supplements
Conveniently located in Barrio Hollywood, just minutes from Downtown Tucson, St. Mary's Hospital, shopping, dining, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this newer multifamily property offers flexibility and modern conveniences in a central Tucson location.
Listing Office: Realty One Group Integrity
Last Updated: October - 13 - 2026
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