243 E University Boulevard, Tucson, AZ 85705
$1,195,000
Property Type:
Multi-Family
Square Footage:
2,613
Lot Size (sq. ft.):
100
Status:
Active
Current Price:
$1,195,000
List Date:
1/09/2026
Last Modified:
1/19/2026
Description
Historic West University 4-Plex + Single-Family Residence on University Blvd,
A rare and versatile opportunity in the heart of Historic West University! Ideally located directly on University Boulevard with effortless access to the Modern Streetcar, 4th Avenue, Downtown, the University of Arizona, award-winning restaurants, and more. The beautifully updated 4-plex features studios with 10-foot ceilings, thoughtfully renovated to honor the home's historic character while offering modern comforts. Each unit includes remodeled bathrooms, updated kitchens, newer mini-split systems, and separately metered gas and electric. The property also benefits from newer roofs.
The grounds are truly special, impeccably maintained with a bocce court, fire pit, mature
Supplements: landscaping, fruit trees, rose gardens, and multiple inviting outdoor spaces. In addition, the property includes a separate 906-square-foot single-family home offering 2 bedrooms and 1 full bathroom. The home features a beautifully remodeled kitchen with stainless steel appliances including dishwasher (Bosch) updated cabinetry, tiled backsplash, and quartz countertops, along with a fully remodeled bathroom. Enjoy a large private backyard, generous storage room, and double carport with electronic gate. Live in the single-family home while renting the 4-plex, or lease all units for strong income potential. (Partially furnished, please ask for list of furnishings that do not convey) An exceptional investment and lifestyle opportunity in one of Tucson's most sought-after historic neighborhoods. Seller is a licensed Realtor in the State of Arizona.
More Information MLS# 22600781
Address Information
Country: USA
Street #: 243
Direction: E
Street Name: University
Suffix: Boulevard
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2025
Taxes: 6967.96
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Tucson E 64.8' W 124.8' Lot 8 9 & 12 Exc N15' Lot 8 Blk 27
Township: 14
Community: None
Range: 13
Section: 12
Municipality/Zoning: Tucson - HR3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 117-03-0740
Area: Central
Subdivision: City Of Tucson
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $1,195,000
List Price: $1,195,000
Listing Date: 2026-01-09
Status: Active
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 183 x 65
Lot Acres: 0.27
Total Parking: 6
Lot Sqft: 11858
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Roskruge
Middle School: Mansfeld
High School: Tucson
Horse Facilities: No
List Price/SqFt: 457.33
Lot Size Price/SqFt: 100.78
Combined SqFt: 2613
Year Built: 1906
Showing Information
Directions: Speedway Blvd/Euclid Ave S to University Blvd W to address.
Unit Info
# of Units/Studios: 4
Avg Mo Rent/Studios: 1415
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 2200
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 1415
# Beds: 1
# Full Baths: 1
SqFt: 435
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street
Income
Vacancy Loss: 0
Other Income: 26000
Adjusted Gross: 93920
Total Expenses: 9309
Gross Scheduled Rent: 67920
Net Opp Income: 84611
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 1415
# Beds: 1
# Full Baths: 1
SqFt: 487
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street
Analysis
Gross Rent Multi: 12.72
Vacancy Rate %: 0
Exp/SqFt: 3.56
Exp % of Gross: 9.91
Cap Rate %: 7.08
Construction
Brick: 1
Unit 3 Information
Monthly Rent: 1415
# Beds: 1
# Full Baths: 1
SqFt: 357
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 3600
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 3605
Water/Sewer: 2104
Other Expenses: 0
Style
Bungalow: 1
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 1415
# Beds: 1
# Full Baths: 1
SqFt: 427
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street
Roof
Shingle: 1
Water
Other: City
Living Areas
Family Room: 1
Living Room: 1
Dining Areas
Breakfast Nook: 1
Dining in LR/GR: 1
Fence
Block: 1
Other: Corrogated
Dining Room
Area: 1
View
None: 1
Breakfast
Area: 1
Nook: 1
Road Type
Paved: 1
Kitchen Features
Pantry: Cabinet
Appliance Color: Stainless
Dishwasher: 1
Road Maintenance
City: 1
Lot Features
Adjacent to Alley: 1
North/South Exposure: 1
Subdivided: 1
Main Cooling
Ceiling Fan(s): 1
Central Air: 1
Zoned: 1
Other: Mini Split
Laundry
Laundry Closet: 1
Other: Stack
Neighborhood Features
Historic: 1
Park: 1
Paved Street: 1
Sidewalks: 1
Street Lights: 1
Main Heating
Forced Air: 1
Heat Pump: 1
Zoned: 1
Extra Room
Storage: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Entrance Foyer: 1
Bathroom Features
Shower & Tub/Hall: 1
Shower Only/Hall: 1
Terms
Cash: 1
Conventional: 1
VA Loan: 1
Floor Covering
Ceramic Tile: 1
Stone: 1
Wood: 1
Other: Laminate
Submit With Offer
Earnest Check: 1
Loan Status: 1
Proof of Funds: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
High Speed Internet: 1
Security
Closed Circuit Camera(s): 1
Green Features
Bath Exhaust Out: 1
Energy Star Appliance: 1
Landscape - Front
Decorative Gravel: 1
Desert Plantings: 1
Shrubs: 1
Sprinkler/Drip: 1
Trees: 1
Landscape - Rear
Decorative Gravel: 1
Desert Plantings: 1
Shrubs: 1
Trees: 1
Patio/Deck
Patio: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
Floor Plan: 1
Insurance Claims History Report: 1
Lead Based Paint: 1
Seller Prop Disclosure: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Asphalt
To Property Line: 1
RV Parking
Other: None
Exterior Feature
Courtyard: 1
Shed(s): 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Assoc Amenities
None: 1
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.232004
Geo Lon: -110.967592
Property Features
Construction: Brick
Style: Bungalow
Roof: Shingle
Living Areas: Family Room; Living Room
Dining Areas: Breakfast Nook; Dining in LR/GR
Dining Room: Area
Breakfast: Area; Nook
Kitchen Features: Dishwasher
Bathroom Features: Shower & Tub/Hall; Shower Only/Hall
Laundry: Laundry Closet
Extra Room: Storage
Interior Features: Ceiling Fan(s); Entrance Foyer
Floor Covering: Ceramic Tile; Stone; Wood
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Ceiling Fan(s); Central Air; Zoned
Main Heating: Forced Air; Heat Pump; Zoned
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Accessibility Option: None
Security: Closed Circuit Camera(s)
Green Features: Bath Exhaust Out; Energy Star Appliance
Pool: None
Spa: None
Fence: Block
Landscape - Front: Decorative Gravel; Desert Plantings; Shrubs; Sprinkler/Drip; Trees
Landscape - Rear: Decorative Gravel; Desert Plantings; Shrubs; Trees
View: None
Road Type: Paved
Driveway: To Property Line
Exterior Feature: Courtyard; Shed(s)
Lot Features: Adjacent to Alley; North/South Exposure; Subdivided
Neighborhood Features: Historic; Park; Paved Street; Sidewalks; Street Lights
Assoc Amenities: None
Terms: Cash; Conventional; VA Loan
Submit With Offer: Earnest Check; Loan Status; Proof of Funds
Property Disclosures: Floor Plan; Lead Based Paint; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Documents
Lead Paint Discl ›
Listing Office:
Long Realty
Last Updated: January - 19 - 2026
Broker Attribution:
520 909 6592
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