3127 N Fontana Avenue, Tucson, AZ 85705

$2,195,000
Property Type: Commercial Square Footage: 6,746 Lot Size (sq. ft.): 60 Status: Active
Current Price: $2,195,000 List Date: 1/26/2026 Last Modified: 1/26/2026

Overview

Description

Listing price reflects the sale of both 3127 and 3134 N Fontana (24 Units Total). This 3127 N Fontana property can be sold separately but the owner prefers to sell both 3127 and 3134 N Fontana as one single transaction. The same owner is also selling 219 E Delano and 2432 N Balboa and so a purchase of the entire portfolio (53 units) is possible and actually preferred. This 327 N Fontana property is fully stabilized with the ability to add amenities (w/d) and increase rents. It contains a total of 13 units, consisting of a separate fully detached building (13th unit) and 12 recently upgraded one-bedroom units across from each other (two buildings) with a cute and inviting central courtyard, exterior spaces and a drive path to individual covered parking spaces.

Listing Details MLS# 22524455

Address Information

Street #
3127
Direction
N
Street Name
Fontana
Suffix
Avenue
State/Province
AZ
Zip Code
85705
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
107-11-0700
Area
Central
Tax Year
2024
Taxes
4141
Taxes For
Building & Land
Legal Description
CORONADO HEIGHTS LOT 6 BLK 4
Municipality/Zoning
Tucson - R2
Fire Protection
None
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Property Sub-Type
Apartment
Construction Status
Existing
# Units
13
Total Parking
20
Multi-Tenant
Yes
Year Built
1953
Lot Dimensions
300' x 120'
Lot Acres
0.83
Lot Sqft
36000
Lot Size Source
Assessor
Combined SqFt
6746
Source of SqFt
Assessor
List Price/SqFt
325.38
Lot Size Price/SqFt
60.97

Property Features

Construction: Concrete Block Roof: Built-Up Main Cooling: Central Air; Evaporative Cooling Main Heating: Forced Air; Natural Gas Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Fence: Block; Chain Link; Wrought Iron Landscape - Front: Decorative Gravel; Low Care Landscape - Rear: Decorative Gravel; Low Care Road Type: Paved Terms: Cash; Conventional; Submit Submit With Offer: Proof of Funds Property Disclosures: Lead Based Paint

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

More Information

Showing Information

Directions
Fort Lowell & Stone, east on Fort Lowell, right on Fontana to property on the right.

Income

Net Opp Income
140175.23

Unit Information

Apartment
Low Rise

Apartment Unit Information

# of Units/1 BR
12
# of Units/Other
Yes

Electric

Electric Company
TEP

Parking

# Covered Parking
11

Gas

Natural
Yes

Construction

Concrete Block
Yes

Sewer

Connected
Yes

Roof

Built-Up
Yes

Water

Public
Yes

Fence

Block
Yes
Chain Link
Yes
Wrought Iron
Yes

Road Type

Paved
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Water Heater

Electric
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Submit With Offer

Proof of Funds
Yes

Landscape - Front

Decorative Gravel
Yes
Low Care
Yes

Landscape - Rear

Decorative Gravel
Yes
Low Care
Yes

Property Disclosures

Lead Based Paint
Yes
Listing Office: Equilibrium Realty
IDX
Last Updated: January - 26 - 2026
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