2620 N Stone Avenue, Tucson, AZ 85705 (MLS# 22527754)

2620 N Stone Avenue, Tucson, AZ 85705

$1,499,000

Property Type: Commercial Square Footage: 7,683 Lot Size (sq. ft.): 42 Status: Active

Current Price: $1,499,000 List Date: 10/24/2025 Last Modified: 10/25/2025

Overview

Description

This is a charming 14-unit community that will be a great addition to your investment portfolio. Totaling (13) 1 bedroom units and (1) 2 bedroom unit, consisting of (8) stand alone dwellings and three triplexes, this is a charming community that the tenants love. On-site laundry is offered, and submetered water reduces utility expenses for the owner.

Listing Details MLS# 22527754

Address Information

Street #: 2620
Direction: N
Street Name: Stone
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 107131910
Area: Central
Tax Year: 2024
Taxes: 4864
Legal Description: LOT 00007 BLOCK 044 CORONADO HEIGHTS MAP 3 PLAT 115
Municipality/Zoning: Tucson - 02
Fire Protection: Included in Taxes

General Property Information

Property Sub-Type: Apartment
Year Built: 1948
Lot Dimensions: 116'x300'
Lot Acres: 0.81
Lot Sqft: 35182
Lot Size Source: Assessor
Combined SqFt: 7683
Source of SqFt: Assessor
List Price/SqFt: 195.11
Lot Size Price/SqFt: 42.61

Property Features

Construction: Mud Adobe Roof: Foam Main Cooling: Central Air; Evaporative Cooling Main Heating: Electric Gas: Natural Sewer: Connected Water: Public Window Features: Double Pane Windows Landscape - Front: Natural Desert; Trees

Contract Information

Short Sale: No

More Information

Income

Gross Scheduled Rent: 142800
Vacancy Loss: 5
Net Opp Income: 93782

Unit Information

Apartment: Low Rise

Apartment Unit Information

# of Units/1 BR: 13
Avg Mo Rent/1 BR: 850
# of Units/2 BR: Yes
Avg Mo Rent/2 BR: 1000

Electric

Electric Company: Tucson Electric

Gas

Natural: Yes

Analysis

Vacancy Rate %: 0

Construction

Mud Adobe: Yes

Sewer

Connected: Yes

Roof

Foam: Yes

Water

Public: Yes

Main Cooling

Central Air: Yes
Evaporative Cooling: Yes

Main Heating

Electric: Yes

Window Features

Double Pane Windows: Yes

Landscape - Front

Natural Desert: Yes
Trees: Yes

Listing Office: ABI Multifamily

Last Updated: October - 25 - 2025

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