$320,000
Tucson, AZ 85714
MLS# 22528894
Status: Active Contingent
1621 sqft
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Property Description
Beautifully renovated modern multi-family property in the heart of Tucson! Two fully updated units, a spacious 2-bed/2-bath and a 1-bed/1-bath—perfect for investors seeking turnkey cashflow or owner-occupants seeking multigenerational living or to minimize living expenses. Each unit features modern kitchens with new cabinets and countertops, stainless appliances, new tile showers and bathroom vanities, plus upgraded flooring, designer fixtures, and fresh paint. All the major components were recently replaced such as a new roof, mini-split HVAC systems, and exterior paint (2021). Zoned for an additional dwelling unit (ADU) which adds additional income potential. This turnkey property combines modern design, strong rental appeal, and prime proximity to downtown and the University of Arizon
Details
Maps
Documents
Address Information
Street #: 528
Direction: W
Street Name: Columbia
Suffix: Street
State/Province: AZ
Zip Code: 85714
County: Pima
Country: USA
Location Tax Legal
Tax Code: 120-07-7540
Area: South
Subdivision: National City NO. 3
Contract Information
Current Price: $320,000
List Price: $320,000
Listing Date: 2025-11-06
Status: Active Contingent
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2026-01-12
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 55' X 131'
Lot Acres: 0.17
Lot Sqft: 7274
Lot Size Source: Assessor
Combined SqFt: 1621
Year Built: 1950
School District: TUSD
Elementary School: Hollinger
Middle School: Utterback-Magnet
High School: Pueblo
Horse Property: No
Horse Facilities: No
List Price/SqFt: 197.41
Lot Size Price/SqFt: 43.99
Remarks Misc
Geo Lat: 32.173388
Geo Lon: -110.977024
Showing Information
Directions: 12th Ave & Ajo Wy/ Head south on S 12th Ave, Turn left onto W Columbia St. Property will be on the left.
Unit Info
# of Units/1 BR: 1
# of Units/2 BR: 1
Unit 1 Information
Monthly Rent: 1600
# Beds: 2
# Full Baths: 2
SqFt: 1100
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1050
# Beds: 1
# Full Baths: 1
SqFt: 550
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 8.16
Gross Rent Multi: 10.58
Vacancy Rate %: 1.89
Exp/SqFt: 2.64
Exp % of Gross: 13.73
Income
Gross Scheduled Rent: 31800
Vacancy Loss: 600
Adjusted Gross: 31200
Total Expenses: 4283.72
Net Opp Income: 26916.28
Expenses
Insurance: 500
Management: 2544
Taxes/Assessments: 1239.72
Figures Presented: Proforma
Kitchen Features
Appliance Color: Stainless
Countertops: Laminate
Microwave: Built-in
Oven: Gas
Laundry
Other: Shared
Interior Features
Interior Steps: No
Main Cooling
Other: Mini-split
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Landscape - Front
Other: Synthetic Grass
Landscape - Rear
Other: Dirt
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: Yes
Home Protection
Offered: No
Property Features
Construction: Brick; Wood Frame
Style: Ranch
Roof: Shingle
Living Areas: Family Room; Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range; Disposal; Refrigerator
Bathroom Features: Shower Only/Primary; Shower Only/Hall
Laundry: Laundry Room; Dryer Included; Washer Included
Extra Room: None
Interior Features: Smoke Detector; Split Bedroom Plan; Walk-In Closet(s)
Floor Covering: Carpet; Ceramic Tile
Window Covering: Stay
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet
Main Heating: Wall Furnace; Zoned
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care
Landscape - Rear: Desert Plantings; Low Care; Trees
View: Mountain(s)
Road Type: Paved
Driveway: None
RV Parking: Space Available
Exterior Feature: None
Lot Features: North/South Exposure; Subdivided
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; Submit; VA Loan
Submit With Offer: Earnest Check; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Listing Office: eXp Realty
Last Updated: January - 12 - 2026
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Seller Disclosure
Utility bill