Tucson
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Tucson
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Sold

Tucson

Private Address

$520,000
This well-located 5-unit multifamily property presents an attractive investment opportunity in the heart of Central Tucson. Situated just east of Campbell Avenue and north of Speedway Boulevard, the asset benefits from proximity to the University of Arizona, Banner-University Medical Center, major employment corridors, and a wide range of retail and dining amenities. The property consists of five spacious residential units with a desirable and marketable unit mix totaling approximately 4,699 square feet. The configuration includes one (1) 1-bedroom/1-bath unit (627 SF), one (1) 2-bedroom/1-bath unit (1,000 SF), and three (3) 2-bedroom/2-bath units (1,024 SF each). The predominance of larger two-bedroom units supports strong rental demand and favorable tenant retention within this central Tucson submarket.

The unit sizes and layouts are well suited for long-term rental demand from professionals, medical staff, and workforce tenants seeking proximity to major employment and educational centers. The surrounding neighborhood is characterized by established residential housing, strong occupancy trends, and consistent tenant demand.

The property offers upside potential through continued rental optimization, light value-add improvements, or operational efficiencies, depending on the buyer's investment strategy. With its central location, attractive unit mix, and durable demand drivers, this asset represents a compelling opportunity for investors seeking stable cash flow and long-term appreciation in the Tucson multifamily market.

Studio

4,699 Sq.Ft. LIVING AREA

28 Sq.Ft. lot

JIM STOREY

JIM STOREY

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Dryer Included, Washer Included, Laundry Closet
  • Flooring Carpet, Ceramic Tile
  • APPLIANCES Disposal, Refrigerator
  • other interior Features Walk-In Closet(s)

Area & Lot

  • Status Sold
  • Living Area4,699 Sq.Ft.
  • Total Area4,699 Sq.Ft.
  • Lot Area28 Sq.Ft.
  • MLS® ID22531887
  • TypeMulti-Family
  • YEAR BUILT1961
  • Architecture StylesRanch, Bungalow
  • View DescriptionResidential
  • Elementary SchoolDavidson
  • Middle SchoolDoolen
  • High SchoolCatalina
  • School DistrictTUSD

Exterior

  • water SourcePublic
  • utilitiesSewer Connected
  • PoolNone
  • roofShingle
  • lot featuresEast/West Exposure, North/South Exposure, Subdivided, Graded
  • HEAT TYPEForced Air, Natural Gas
  • AIR CONDITIONINGCentral Air
  • Disability FeaturesNone
  • HOA AmenitiesNone
  • security FeaturesNone
  • other exterior FeaturesNone

Financial

  • Sales Price$520,000
  • Zoning Tucson - R2

Work With Jim

Together, we can make your realty goals a reality. Let me put my professional experience—backed by Long Realty’s world-class information technology, wide-reaching networks and culture of caring for the community—to work for you.

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