$1,100,000
Tucson, AZ 85716
MLS# 22623175
5500 sqft
1 / 27
Property Description
Multifamily • 9 Units • Investment opportunity at 3830 E 2nd St in central Tucson. Conveniently located near major transportation routes, shopping, employment centers, downtown Tucson, and the University of Arizona. Centrally located property with potential for an investor seeking a Tucson real estate asset with upside.
Details
Maps
Address Information
Country: USA
Street #: 3830
Direction: E
Street Name: 2nd
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Tax Year: 2025
Taxes: 5166
Taxes For: Building & Land
Legal Description: SPEEDWAY VIEW LOT 6 BLK 5
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: TBD
Tax Code: 125111500
Area: Central
Contract Information
Short Sale: No
Current Price: $1,100,000
List Price: $1,100,000
Listing Date: 2026-09-23
Status: Active
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 9
Lot Dimensions: 129x296x132x299
Lot Acres: 0.87
Total Parking: 20
Lot Sqft: 37998
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 200
Lot Size Price/SqFt: 28.95
Year Built: 1952
Combined SqFt: 5500
Showing Information
Directions: Speedway/Alvernon South to 2nd St then West to address
Electric
Electric Company: TEP
Income
Vacancy Loss: 0
Other Income: 3780
Adjusted Gross: 107580
Gross Scheduled Rent: 103800
Net Opp Income: 76426
Gas
Natural: 1
Analysis
Gross Rent Multi: 10.22
Vacancy Rate %: 0
Cap Rate %: 6.9
Construction
Concrete Block: 1
Expenses
Figures Presented: Proforma
Maintenance Supplies: 7041
Management: 8555
Taxes/Assessments: 5166
Water/Sewer: 8410
Other Expenses: 1982
Sewer
Connected: 1
Unit Information
Other: Casita
Apartment Unit Information
# of Units/1 BR: 8
Avg Mo Rent/1 BR: 950
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 1050
Roof
Shingle: 1
Water
Public: 1
Space Information
Ceiling Height: 10ft
Main Cooling
Other: mini split
Main Heating
Heat Pump: 1
Water Heater
Electric: 1
Terms
Cash: 1
Conventional: 1
Submit With Offer
Lender Pre-Approval: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Special Conditions
None: 1
Landscape - Front
Decorative Gravel: 1
Landscape - Rear
Decorative Gravel: 1
Parking
# Covered Parking: 9
Restrictions
CC&R: 1
Property Disclosures
Lead Based Paint: 1
Seller Prop Disclosure: 1
Remarks Misc
Geo Lat: 32.233857
Geo Lon: -110.910963
Property Features
Construction: Concrete Block
Roof: Shingle
Main Heating: Heat Pump
Water Heater: Electric
Gas: Natural
Sewer: Connected
Water: Public
Landscape - Front: Decorative Gravel
Landscape - Rear: Decorative Gravel
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Restrictions: CC&R
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 23 - 2026
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