243 E University Boulevard, Tucson, AZ 85705 (MLS# 22600781)

243 E University Boulevard, Tucson, AZ 85705

$1,092,000

Beautifully updated 1906 Bungalow with 4studios

Virtual Tour

https://www.floorplansfirst.com/plan_details.php?ID=14868&bk=zzqm&siteid=2

2 bedroom Guest house Kitchen w/ private courtyard

2bedroom Owner's home fully remodeled bath

2bedroom separate, private yard w/ alley access and large storage room

Covered parking off alley with electronic gate

Beautiful gardens, patios, with firepit, Bocce Court

Property Type: Multi-Family Square Footage: 2,613 Lot Size (sq. ft.): 11,858 Status: Closed

Current Price: $1,092,000 List Date: 1/09/2026 Last Modified: 4/08/2026

Overview

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, an ... (Read more)

Listing Details MLS# 22600781

Address Information

Street #: 243
Direction: E
Street Name: University
Suffix: Boulevard
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 117-03-0740
Area: Central
Subdivision: City Of Tucson

General Property Information

Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 183 x 65
Lot Acres: 0.27
Lot Sqft: 11858
Lot Size Source: Assessor
Combined SqFt: 2613
Year Built: 1906
Total Parking: 6
School District: TUSD
Elementary School: Roskruge
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 457.33
Lot Size Price/SqFt: 100.78

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

Contract Information

Method of Title: Fee (Simple)
Distressed Info: None

Status Change Info

Off Market Date: 2026-02-13
Pending Date: 2026-03-25
Sold Date: 2026-04-08
Sold Price/SqFt: 417.91
Lot Sz Sold Prc/SqFt: 92.09
How Sold: Cash

More Information

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: Yes
Avg Mo Rent/2 BR: 2200

Unit 1 Information

Monthly Rent: 1415
# Beds: Yes
# Full Baths: Yes
SqFt: 435
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street

Unit 2 Information

Monthly Rent: 1415
# Beds: Yes
# Full Baths: Yes
SqFt: 487
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street

Unit 3 Information

Monthly Rent: 1415
# Beds: Yes
# Full Baths: Yes
SqFt: 357
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street

Unit 4 Information

Monthly Rent: 1415
# Beds: Yes
# Full Baths: Yes
SqFt: 427
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Street

Analysis

Cap Rate %: 7.75
Gross Rent Multi: 11.63
Exp/SqFt: 3.56
Exp % of Gross: 9.91

Income

Gross Scheduled Rent: 67920
Other Income: 26000
Adjusted Gross: 93920
Total Expenses: 9309
Net Opp Income: 84611

Expenses

Insurance: 3600
Taxes/Assessments: 3605
Water/Sewer: 2104
Figures Presented: Proforma

Kitchen Features

Pantry: Cabinet
Appliance Color: Stainless

Laundry

Other: Stack

Floor Covering

Other: Laminate

Main Cooling

Other: Mini Split

Electric

Electric Company: TEP

Water

Other: City

Utilities Paid

Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner

Fence

Other: Corrogated

Driveway

Paved: Asphalt

RV Parking

Other: None

Subdivision Restrict

Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No

Home Protection

Offered: No

Documents

Lead Paint Discl ›

Listing Office: Long Realty

Last Updated: April - 08 - 2026

Broker Attribution: 520 909 6592

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