$570,000
Tucson, AZ 85714
MLS# 22614621
4100 sqft
1 / 21
Property Description
Stabilized 4-unit (3/1) multifamily opportunity with all units currently leased and immediate in-place rental income. One lease expires in July, offering flexibility for renewal, potential rent adjustment subject to lease terms and applicable regulations, or possible owner occupancy while continuing to collect income from the remaining three units. The other three leases may offer additional rent adjustment opportunities in January, subject to lease terms and applicable regulations. The property has been well maintained, with major deferred maintenance addressed, including a brand new roof!! Property features include durable slump block construction, attractive flooring, multiple parking spaces for each unit, an on-site storage. Buyer to verify all facts and figures.
Details
Maps
Address Information
Country: USA
Street #: 113
Direction: E
Street Name: District
Suffix: Street
State/Province: AZ
Zip Code: 85714
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2025
Taxes: 2823.73
Taxes For: Dwelling & Land
Legal Description: From Parcel:120062210 /Amended Government Heights No 2 Lot 6 Blk 17
Township: 14
Community: None
Range: 13
Section: 36
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 120-06-221B
Area: South
Subdivision: Government Heights Amend.
Contract Information
Method of Title: Fee (Simple)
Distressed Info: REO
Current Price: $570,000
List Price: $570,000
Listing Date: 2026-06-11
Status: Active
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Unknown
Lot Acres: 0.29
Total Parking: 4
Lot Sqft: 12850
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Van Buskirk
Middle School: Utterback-Magnet
High School: Pueblo
Horse Facilities: No
List Price/SqFt: 139.02
Lot Size Price/SqFt: 44.36
Combined SqFt: 4100
Year Built: 2006
Showing Information
Directions: From I-19, head east on AZ-86 E / W Ajo Way. Continue on W Ajo Way for approximately 1 mile. Turn right onto S 6th Avenue and continue for approximately 0.3 miles. Turn left onto E District Street. Property will be on the left at 113 E District St, Tucson, AZ 85714.
Unit Info
# of Units/3 BR: 4
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 1155
# Beds: 3
# Full Baths: 1
SqFt: 1025
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 55440
Total Expenses: 7490.73
Gross Scheduled Rent: 55440
Net Opp Income: 47949.27
Gas
None: 1
Unit 2 Information
Monthly Rent: 1155
# Beds: 3
# Full Baths: 1
SqFt: 1025
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 10.28
Vacancy Rate %: 0
Exp/SqFt: 1.83
Exp % of Gross: 13.51
Cap Rate %: 8.41
Construction
Concrete Block: 1
Unit 3 Information
Monthly Rent: 1100
# Beds: 3
# Full Baths: 1
SqFt: 1025
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 1767
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 2823.73
Water/Sewer: 2900
Other Expenses: 0
Style
Contemporary: 1
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 1155
# Beds: 3
# Full Baths: 1
SqFt: 1025
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Roof
Shingle: 1
Water
Public: 1
Living Areas
Off Kitchen: 1
Dining Areas
Breakfast Bar: 1
Fence
Other: Combo
Dining Room
Area: 1
View
None: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
Corner Lot: 1
Subdivided: 1
Main Cooling
Central Air: 1
Laundry
Laundry Room: 1
Neighborhood Features
None: 1
Main Heating
Heat Pump: 1
Extra Room
None: 1
Water Heater
Electric: 1
Association & Fees
HOA: No
Interior Features
Interior Steps: No
Split Bedroom Plan: 1
Bathroom Features
Shower & Tub/Primary: 1
Terms
Cash: 1
Conventional: 1
FHA Loan: 1
VA Loan: 1
Floor Covering
Concrete: 1
Submit With Offer
Digital Signatures: Yes
Proof of Funds: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
High Speed Internet: 1
Telephone: 1
Special Conditions
None: 1
Security
None: 1
Landscape - Front
None: 1
Landscape - Rear
None: 1
Patio/Deck
None: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Tenant
Landscaping: Tenant
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Pool
None: 1
Property Disclosures
Public Airport Vcty: 1
Seller Prop Disclosure: 1
Spa
None: 1
Driveway
Paved: Gravel
RV Parking
Other: None
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.174362
Geo Lon: -110.966667
Property Features
Construction: Concrete Block
Style: Contemporary
Roof: Shingle
Living Areas: Off Kitchen
Dining Areas: Breakfast Bar
Dining Room: Area
Breakfast: None
Kitchen Features: Refrigerator
Bathroom Features: Shower & Tub/Primary
Laundry: Laundry Room
Extra Room: None
Interior Features: Split Bedroom Plan
Floor Covering: Concrete
Window Covering: Stay
Technology: Cable TV; High Speed Internet; Telephone
Main Cooling: Central Air
Main Heating: Heat Pump
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Landscape - Front: None
Landscape - Rear: None
View: None
Road Type: Paved
Exterior Feature: None
Lot Features: Corner Lot; Subdivided
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Proof of Funds
Property Disclosures: Public Airport Vcty; Seller Prop Disclosure
Special Conditions: None
Listing Office: New Concept
Last Updated: June - 11 - 2026
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