Great Opportunity to own duplex & 2 single family residences & adjacent vacant lot to build more units. Always rented. All units were reroofed in 2016, Ceramic tile throughout, new range/refrigerator since 2015, Sec doors & have their own private yards. Unit 1 is 2 bedrm/1Ba rewired & HVAC installed 8/2016 & remodeled bathrm w/ washer in closet. Unit 2 is 1bedrm/1Ba, washer/dryer hookups on back porch. Unit 3 is 1 Bedrm/1Ba new kitchen & bathrm installed since 2016, washer hookup in kitchen, dryer hookup on front porch & new instant water heater Jan/2021, Unit 4 studio w/ new kitchen/bathrm since 2016, new Split unit Aug/2016 & new elec water heater May/2019. MUST BE PURCHASED W/ ADJACENT PARCEL113-09-560A MLS#22115161. PLS DON'T DISTURB TENANTS, SHOWING ONCE ACCEPTED OFFER. OWNER/AGENT
Multi-familyProperty Type
1936Year Built
7,841 sq ftLot Size
$247Est. Price/Sq.Ft.
7 spacesParking
Listed by Dawn Colston• Tierra Antigua Realty
Bought with Melissa Coate• Realty Executives Arizona Territory
Front building - two units ready to rent - one 2 bd and one 1 bd - rear building - one 1bd and one studio - both need upgrading. Sale includes two parcels - 560 B and vacant lot 560A total .36acre can be used for parking or expansion - within walking distance of U of A - great for student rentals
MLSSAZ #2534296
Feb 9, 2006
Sold
$227,000
$125/sq ft
Dec 1, 2005
Listed
$249,900
$138/sq ft
Location!Location! Don't miss this investment opportunity to own this centrally located 4plex near UofA with lot space to add another unit. Price reflects property being sold with no warranties/repairs made or implied. Rents currently below market, leaves room for adjustments, tenants pay all utilities. Property has no vacancy loss. Please be courteous of tenants and call listing agent to show.
Year
Property tax
Land + Additions
Assessment*
2017
$1,485 (−23.6%)
2016
$1,944 (+4.1%)
2015
$1,868 (+6.7%)
$50 + $13,451
$13,501
2014
$1,751 (+8.1%)
$4,970 + $6,660
$11,630
2013
$1,619
$4,970 + $6,660
$11,630
Tax history for 2425 N Santa Rita Ave
Year
Property tax
Land + Additions
Assessment*
2017
$1,485 (−23.6%)
2016
$1,944 (+4.1%)
2015
$1,868 (+6.7%)
$50 + $13,451
$13,501
2014
$1,751 (+8.1%)
$4,970 + $6,660
$11,630
2013
$1,619
$4,970 + $6,660
$11,630
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
8,270 Sq. Ft.
Year renovated
1936
Sq. Ft.
1,802
Year built
1936
Style
Other
County
Pima County
APN
11309560B
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 12, 2023.
R-2
Residence
This zone provides for medium density, single-family and multifamily, residential development, together with schools, parks, and other public services necessary for an urban residential environment. Select other uses, such as day care and urban agriculture, are permitted that provide reasonable compatibility with adjoining residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Office
Fire house
Police station
Agriculture-Cropland
Cemetery
Park & open space
Property details
Parking
Parking Information
Parking Total: 7
Interior
Interior Features
Appliances: Electric Range, Gas Range, Refrigerator
Flooring: Ceramic Tile
Laundry Features: Laundry Closet, Outside
Exterior
Building Information
Building Area Total: 1,811
Construction Materials: Frame - Stucco
Exterior Features
Patio And Porch Features: Covered
Fencing: Wood
Roof: Shingle
Property Information
Property Sub Type: Quadruplex
Living Area: 1,811
Lot Information
Lot Size Square Feet: 43.82
Lot Size Dimensions: 33'x180'x50'x31'x12'x45'x10'x52'x10'x25'x5'x25'
Lot Features: Adjacent to Alley, East/West Exposure
Road Surface Type: Paved
Road Responsibility: City
Zoning: Tucson - R2
Financial
Tax Information
New Taxes Expense: $1,927.37
Tax Year: 2020
Parcel Number: 113-09-560B
Utilities
Utility Information
Water Source: Public
Sewer: Sewer Connected
Water Sewer Expense: $2,160
Heating & Cooling
Has Heating
Heating: Baseboard, Forced Air, Electric
Has Cooling
Cooling: Central Air, Wall Unit(s), Ceiling Fan(s)
Location
Multi-Family Financial Information
# of Units Total: 4
Operating Expense: $5,188.37
Insurance Expense: $1,101
Gross Income: $29,340
Gross Scheduled Income: $29,340
Net Operating Income: $24,151.63
HOA Information
Association Amenities: None
School Information
Elementary School: Holaway
Middle Or Junior School: Amphitheater
High School: Amphitheater
High School District: Amphitheater
Location Information
Directions: West on Grant from Mountain, North on Santa Rita Ave., to address on left. 2 units on Santa Rita, other 2 behind them. Accessed thru South Alley
UnparsedAddress: 2425 N Santa Rita Avenue, Tucson, AZ 85719
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,802
Stories: 1.0
Lot Size: 8,270 square feet
Style: Other
Year Built: 1936
Year Renovated: 1936
County: Pima County
APN: 11309560B
Home facts updated by county records on Apr 12, 2023
Around this home
Schools
K - 12
Preschool & daycare
Frances Owen Holaway Elementary School
Public PreK-5 • Assigned • 1.5mi
6/10
Amphitheater Middle School
Public 6-8 • Assigned • 1.7mi
3/10
Amphitheater High School
Public 9-12 • Assigned • 1.8mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 106° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Tucson, AZ • 85719
Average low and high temperatures (°F)
66
41
77
47
83
53
85
57
92
64
103
74
102
77
103
79
96
73
88
61
76
49
74
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$426,000 – $516,000
Reach more buyers when you sell with Redfin. Save up to $4,481 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.