$552,000
Tucson, AZ 85716
MLS# 22402898
Status: Closed
2794 sqft
1 / 9
Property Description
Awesome 4-plex! Wire Cut red-brick 4-plex features four 2bd/1bath units. All units have air conditioning, carports, private fenced yards and laundry hook-ups. RENTS ARE WAY BELOW MARKET. SIMILAR UNITS RENT FOR $1,000 TO $1,200 PER UNIT. This property has the potential for significant upside, WITHOUT a significant cash outlay. Property has been well maintained and is well constructed, with all the features Tenants are looking for in an apartment. Individual unit information below shows actual rents. Income/expenses reflect proforma rents of $1,100 per month. Sellers will review all offers Wednesday February 7th 8:00 AM and respond by Wednesday February 7th 8:00 PM. Contact LA for Offering Memorandum. This property must be sold with adjacent 4-plex at 3412 E. Glenn and close simultaneously
Details
Maps
Address Information
Country: USA
Street #: 3414
Direction: E
Street Name: Glenn
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2023
Taxes: 2405.81
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: From Parcel 001010010/Fruitvale E2 of the N234' of Lot 7 Blk 8
Township: 13
Community: None
Range: 14
Section: 33
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: TBD
Tax Code: 111-07-1800
Area: Central
Subdivision: Fruitvale Addition
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $552,000
Sold Price: $552,000
Listing Date: 2024-02-02
Status: Closed
Status Change Info
Off Market Date: 2024-02-09
Sold Price/SqFt: 197.57
Lot Sz Sold Prc/SqFt: 39.36
How Sold: Conventional
Pending Date: 2024-03-10
Sold Date: 2024-03-11
Sold Price: $552,000
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 56' X233'x56'x231
Lot Acres: 0.32
Total Parking: 8
Lot Sqft: 14026
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Blenman
Middle School: Doolen
High School: Catalina
Horse Facilities: No
List Price/SqFt: 201.15
Lot Size Price/SqFt: 40.07
Combined SqFt: 2794
Year Built: 1960
Showing Information
Directions: Country Club Rd/Fort Lowell - S, Glenn St.- E to address
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 800
# Beds: 2
# Full Baths: 1
SqFt: 800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Income
Vacancy Loss: 2640
Other Income: 0
Adjusted Gross: 50160
Total Expenses: 15065
Gross Scheduled Rent: 52800
Net Opp Income: 35095
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 850
# Beds: 2
# Full Baths: 1
SqFt: 800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Analysis
Gross Rent Multi: 11
Vacancy Rate %: 5
Exp/SqFt: 5.39
Exp % of Gross: 30.03
Cap Rate %: 6.36
Construction
Brick: 1
Unit 3 Information
Monthly Rent: 850
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Stories: Single
Furnished: No
Parking: Carport
Expenses
Admin Expenses: 600
Capital Expenses: 2000
Contract Services: 705
Figures Presented: Proforma
Gas/Electric: 200
Insurance: 1344
Maintenance Supplies: 4000
Management: 0
Resident Manager: 0
Taxes/Assessments: 2406
Water/Sewer: 3280
Other Expenses: 530
Style
Bungalow: 1
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 775
# Beds: 2
# Full Baths: 1
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Roof
Built-Up - Reflect: 1
Water
Public: 1
Living Areas
Great Room: 1
Dining Areas
Dining in LR/GR: 1
Fence
Other: Combination
Dining Room
Area: 1
View
Mountain(s): 1
Residential: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Countertops: Varies
Electric Range: 1
Appliance Color: White
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
North/South Exposure: 1
Main Cooling
Central Air: 1
Laundry
Outside: 1
Other: Hook-ups
Neighborhood Features
Paved Street: 1
Sidewalks: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Extra Room
None: 1
Water Heater
Electric: 1
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Interior Steps: No
Bathroom Features
Shower & Tub/Primary: 1
Terms
Cash: 1
Conventional: 1
Exchange: 1
Floor Covering
Carpet: 1
Ceramic Tile: 1
Other: Wood Laminate
Submit With Offer
Income Property Addendum: 1
Written Lender Approval: 1
Window Covering
Some: 1
Accessibility Option
None: 1
Technology
Telephone: 1
Special Conditions
None: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Seller Paid Repairs: 0
Selling Comments: As Is Sale
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Patio/Deck
Enclosed: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
Easements: 1
Insurance Claims History Report: 1
Lead Based Paint: 1
Spa
None: 1
Driveway
Paved: Gravel
RV Parking
Space Available: 1
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.257346
Geo Lon: -110.919725
Property Features
Construction: Brick
Style: Bungalow
Roof: Built-Up - Reflect
Living Areas: Great Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Electric Range; Refrigerator
Bathroom Features: Shower & Tub/Primary
Laundry: Outside
Extra Room: None
Floor Covering: Carpet; Ceramic Tile
Window Covering: Some
Technology: Telephone
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Residential; Mountain(s)
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: Paved Street; Sidewalks
Terms: Cash; Conventional; Exchange
Submit With Offer: Income Property Addendum; Written Lender Approval
Property Disclosures: Easements; Lead Based Paint; Insurance Claims History Report
Special Conditions: None
Listing Office: Tierra Antigua Realty
Last Updated: September - 09 - 2026
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