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

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.

More Information MLS# 22527754

Address Information

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

Location, Tax & Legal

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 Tax Code: 107131910 Area: Central

Contract Information

Short Sale: No Current Price: $1,499,000 List Price: $1,499,000 Listing Date: 2025-10-24 Status: Active

General Property Information

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

Electric

Electric Company: Tucson Electric

Income

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

Gas

Natural: 1

Analysis

Vacancy Rate %: 0

Construction

Mud Adobe: 1

Sewer

Connected: 1

Unit Information

Apartment: Low Rise

Apartment Unit Information

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

Roof

Foam: 1

Water

Public: 1

Main Cooling

Central Air: 1 Evaporative Cooling: 1

Main Heating

Electric: 1

Window Features

Double Pane Windows: 1

Landscape - Front

Natural Desert: 1 Trees: 1

Remarks Misc

Geo Lat: 32.254555 Geo Lon: -110.971354

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
Listing Office: ABI Multifamily
IDX
Last Updated: October - 25 - 2025
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