$530,000
Tucson, AZ 85705
MLS# 22108773
Status: Closed
1831 sqft
1 / 10
Property Description
See other amazing properties for sale 10th & Mountain (MLS 22108771) and Adams Court on Adams St. (MLS 22108774). The Art Deco building is one of the few Art Deco structures from the 1920's that remain in Tucson. It is listed on the National Register of Historic Places and is located in the historic West University Neighborhood. The buildings outstanding location is only five blocks to the main entrance to the University of Arizona, close to downtown, and on the streetcar line and a major bicycle route. The five apartments are all uniquely different from one another each with 12-foot ceilings and upgraded kitchens and bathrooms. Exterior was replastered and repainted. Upgraded electric service and HVAC systems. See the improvement list in attached documents.
Details
Maps
Documents
Address Information
Country: USA
Street #: 521
Direction: E
Street Name: University
Suffix: Boulevard
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2020
Taxes: 4121
Assessments: 0
Taxes For: Building & Land
Legal Description: Tucson lot 13 Blk 24
Development Name: Art Deco
Municipality/Zoning: Tucson - HR3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 117-03-0310
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $530,000
Sold Price: $530,000
Listing Date: 2021-04-05
Status: Closed
Status Change Info
Off Market Date: 2021-04-17
Sold Price/SqFt: 289.46
Lot Sz Sold Prc/SqFt: 67.59
Financing: Cash
Pending Date: 2021-05-06
Sold Date: 2021-05-18
Sold Price: $530,000
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 5
Lot Dimensions: 60' X 128' +/-
Lot Acres: 0.18
Total Parking: 5
Lot Sqft: 7841
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
Leasable SqFt: 1831
List Price/SqFt: 314.04
Lot Size Price/SqFt: 73.33
Year Built: 1923
Combined SqFt: 1831
Showing Information
Directions: S on Euclid from Speedway, W on University Blvd to address. Property is located at NW corner of University Blvd and Bean Ave.
Electric
Electric Company: TEP
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 47220
Total Expenses: 14672
Gross Scheduled Rent: 47220
Net Opp Income: 32548
Gas
Natural: 1
Analysis
Gross Rent Multi: 11.22
Vacancy Rate %: 0
Exp/SqFt: 8.01
Exp % of Gross: 31.07
Cap Rate %: 6.14
Construction
Masonry Stucco: 1
Expenses
Admin Expenses: 0
Captial Expenses: 0
Contract Services: 2028
Figures Presented: Proforma
Gas/Electric: 3938
Insurance: 909
Maintenance Supplies: 2500
Management: 0
Resident Manager: 0
Taxes/Assessments: 4121
Water/Sewer: 1176
Other Expenses: 0
Sewer
Connected: 1
Apartment Unit Information
# of Units/Studios: 3
Avg Mo Rent/Studios: 760
# of Units/1 BR: 2
Avg Mo Rent/1 BR: 825
Roof
Built-Up: 1
Water
Public: 1
Fence
Block: 1
Stucco Finish: 1
Road Type
Paved: 1
Fenced Storage
Yes: 1
Lot Features
Corner Lot: 1
Main Cooling
Central Air: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Water Heater
Natural Gas: 1
Terms
Cash: 1
Conventional: 1
Owner Carry: 1
Submit With Offer
Digital Signature Accepted: 1
Earnest Check: 1
Income Property Addendum: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Seller Title Company: Fidelity
Accessibility Option
None: 1
Special Conditions
None: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Parking
Other: off street
Freeway/Highway
1.1 - 2 Miles: 1
Traffic Count
Unknown: 1
Restrictions
CC&R: 1
Deed: 1
Property Disclosures
Lead Based Paint: 1
Seller Prop Disclosure: 1
Remarks Misc
Geo Lat: 32.231896
Geo Lon: -110.963455
Property Features
Construction: Masonry Stucco
Roof: Built-Up
Fenced Storage: Yes
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Fence: Block; Stucco Finish
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Lot Features: Corner Lot
Traffic Count: Unknown
Terms: Cash; Conventional; Owner Carry
Submit With Offer: Digital Signature Accepted; Earnest Check; Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Restrictions: CC&R; Deed
Supplements
Attached documents contain rent roll, insurance information and extensive upgrade list. Visit tarolaproperties.com for information. See other amazing properties for sale 10th & Mountain (MLS 22108771) and Adams Court on Adams St. (MLS 22108774).
Upgrade List 
Listing Office: Long Realty Company
Last Updated: June - 05 - 2026
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