$275,000
Tucson, AZ 85705
MLS# 22624541
1526 sqft
1 / 17
Property Description
Fully leased income property in central Tucson! Built in 2005, this detached duplex offers two single-story units, each with 2 bedrooms, 1 bath and approx. 762 sq ft. Both units are currently occupied, bringing in $2,050/month in rent. Tenants pay electric, gas, water/sewer, trash and cable, keeping owner expenses low. Frame-stucco construction, shingle roof, central A/C with ceiling fans and easy-care ceramic tile floors. Kitchens include a gas range, refrigerator and dishwasher, plus Energy Star appliances. Low-maintenance desert landscaping front and back with on-site parking. Conveniently located just off N Stone Ave near shopping, dining and transit. A great addition to any investment portfolio or a smart first step for a new investor!
Details
Maps
Documents
Address Information
Street #: 81
Direction: E
Street Name: Laguna
Suffix: Street
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107123980
Area: Central
Subdivision: Laguna Terrace Condos Units 1-16 (1-8)
Contract Information
Current Price: $275,000
List Price: $275,000
Listing Date: 2026-10-08
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Duplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 71 x 84.98
Lot Acres: 0.13
Lot Sqft: 6034
Lot Size Source: Appraiser
Combined SqFt: 1526
Year Built: 2005
Total Parking: 2
School District: Amphitheater
Elementary School: Keeling
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 180.21
Lot Size Price/SqFt: 45.58
Remarks Misc
Geo Lat: 32.259926
Geo Lon: -110.97079
Showing Information
Directions: From Stone & Glenn, North on Stone, East on Laguna, proceed to property on the Left.
Unit Info
# of Units/2 BR: 2
Avg Mo Rent/2 BR: 1025
Unit 1 Information
Monthly Rent: 1150
# Beds: 2
# Full Baths: 1
SqFt: 762
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 900
# Beds: 2
# Full Baths: 1
SqFt: 762
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 7.41
Gross Rent Multi: 11.18
Exp/SqFt: 2.78
Exp % of Gross: 17.22
Income
Gross Scheduled Rent: 24600
Adjusted Gross: 24600
Total Expenses: 4236
Net Opp Income: 20364
Expenses
Insurance: 700
Management: 1968
Taxes/Assessments: 1568
Figures Presented: Actual
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Tenant
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
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: Ranch
Roof: Shingle
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: Eat-In; None
Kitchen Features: Gas Range; Dishwasher; Freezer; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: None
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Forced Air
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Green Features: Energy Star Appliance
Pool: None
Spa: None
Fence: None
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Residential
Road Type: Pavers
Driveway: Car(s) Pad
Exterior Feature: None
Lot Features: Subdivided
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
CLUE 
Listing Office: Keller Williams Integrity First
Last Updated: October - 08 - 2026
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