$450,000
Tucson, AZ 85713
MLS# 22617813
1512 sqft
1 / 13
Property Description
6-unit studio apartment building on 0/15 AC in South Tucson, zoned SR-2 for upto 24 units. Individually metered electric/water, 100% occupied at in-place rents averaging $705/unit - below the $780 submarket average, with built-in upside. Adjacent fenced vacant lot included, generating $500/mo seperately. $56,760 GSI, ~8.6% cap rate at $4500,000 ask ($83,333/unit). Value-add refresh opportunit. Privat lenderr financing available.
Details
Maps
Address Information
Country: USA
Street #: 120
Direction: E
Street Name: 34th
Suffix: Street
State/Province: AZ
Zip Code: 85713
County: Pima
Location, Tax & Legal
Tax Year: 2025
Taxes: 1269
Legal Description: Home No 2 W45.5' of Lot 5 Blk 18
Municipality/Zoning: South Tucson - SR2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 118252640
Area: South
Contract Information
Short Sale: No
Current Price: $450,000
List Price: $450,000
Listing Date: 2026-07-20
Status: Active
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
Lot Dimensions: 45.5 x 147.5
Lot Acres: 0.15
Lot Sqft: 6581
Lot Size Source: Appraiser
Source of SqFt: Assessor
List Price/SqFt: 297.62
Lot Size Price/SqFt: 68.38
Year Built: 1948
Combined SqFt: 1512
Showing Information
Directions: Head NE of I-10 towards South Tucson, apartment located on 34th St between S. 5th and S 4th,
Electric
Electric Company: TEP
Gas
None: 1
Construction
Brick: 1
Sewer
Connected: 1
Roof
Built-Up: 1
Water
Public: 1
Terms
Cash: 1
Other: Private financing
Accessibility Option
None: 1
Special Conditions
None: 1
Parking
Paved Parking: 1
Remarks Misc
Geo Lat: 32.194209
Geo Lon: -110.96766
Income
Gross Scheduled Rent: 4230
Analysis
Cap Rate %: 8.6
Property Features
Construction: Brick
Roof: Built-Up
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Parking: Paved Parking
Terms: Cash
Special Conditions: None
Listing Office: Real Broker
Last Updated: August - 05 - 2026
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