1101 E 12Th Street S, Tucson, AZ 85719 (MLS# 21501505)

1101 E 12Th Street S, Tucson, AZ 85719

$275,000

Property Type: Multi-Family Square Footage: 3,528 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $275,000 List Date: 1/15/2015 Last Modified: 7/25/2026

Overview

Description

Fourplex centrally located near the university, downtown, the Arroyo Chico bike path and the interstate. Location, location, location! These 2 BR, 1 and 1/2 bath units have A/C, colored concrete or tile floors throughout, and updated kitchen appliances. This is a two story building with each unit having an upstairs. All tenants have been long term with an average rent of $575. Rents could easily be raised because of the amenities and location. These units are in good condition. Easy care units! Offers considered $280,000-300,000.

Listing Details MLS# 21501505

Address Information

Street #: 1101
Direction: E
Street Name: 12Th
Suffix: Street
Post Direction: S
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 124-12-029A
Area: Central
Subdivision: University Heights
Tax Year: 2013
Taxes: 1891.52
Assessments: 0
Legal Description: Lot 9, in Block 45, of University Heights Addition, according to PC Recorder, recorded in Book 3 of Maps, Page 102
Township: 14
Community: None
Range: 14
Section: 18
Municipality/Zoning: Tucson - C3
Fire Protection: Included in Taxes

General Property Information

Dwelling Type: Quadruplex
Lot Dimensions: 120x50
Lot Acres: 0.13
Lot Sqft: 5663
Lot Size Source: Assessor
Combined SqFt: 3528
Year Built: 1983
List Price/SqFt: 79.37
Lot Size Price/SqFt: 49.44

Property Features

Main Cooling: Heat Pump Main Heating: Heat Pump Sewer: Connected Water: Public Security: None Terms: Cash; Conventional; Submit Property Disclosures: Public Airport Vcty

Contract Information

Distressed Info: None

Status Change Info

Off Market Date: 2015-07-06
Pending Date: 2015-08-24
Sold Date: 2015-08-28
Sold Price/SqFt: 77.95
Lot Sz Sold Prc/SqFt: 48.56
How Sold: Conventional

More Information

Showing Information

Directions: West from Campbell on Broadway to Fremont, south to 12th Street. NE corner.

Unit Info

# of Units/2 BR: 4
Avg Mo Rent/2 BR: 575
Avg Mo Rent/Studios: 0
Avg Mo Rent/1 BR: 0
Avg Mo Rent/3 BR: 0
Avg Mo Rent/Other: 0

Analysis

Cap Rate %: 7.83
Gross Rent Multi: 10.17
Vacancy Rate %: 2
Exp/SqFt: 1.56
Exp % of Gross: 20.38

Income

Gross Scheduled Rent: 27600
Vacancy Loss: 552
Adjusted Gross: 27048
Total Expenses: 5512
Net Opp Income: 21536
Other Income: 0

Expenses

Gas/Electric: 360
Insurance: 720
Maintenance Supplies: 500
Taxes/Assessments: 1892
Water/Sewer: 2040
Figures Presented: Actual
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Management: 0
Resident Manager: 0
Other Expenses: 0

Interior Features

Interior Steps: Yes

Miscellaneous

Master Water Meter: Yes

Sewer

Connected: Yes

Water

Public: Yes

Main Cooling

Heat Pump: Yes

Main Heating

Heat Pump: Yes

Terms

Cash: Yes
Conventional: Yes
Submit: Yes

Security

None: Yes

Property Disclosures

Public Airport Vcty: Yes

Listing Office: Realty Executives Arizona Territory

Last Updated: July - 25 - 2026

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