3902 E Fairmount Street, Tucson, AZ 85712 (MLS# 22614593)

3902 E Fairmount Street, Tucson, AZ 85712

New Listing

$420,000

Property Type: Multi-Family Square Footage: 1,948 Lot Size (sq. ft.): 6,403 Status: Active

Current Price: $420,000 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

Description

Brand new construction duplex in the heart of Tucson's sought-after Garden District. This modern Duplex offers a 3BR/2BA and 2BR/1BA unit -- perfectly positioned for strong rental income or owner-occupant living. Minutes to Whole Foods, Trader Joe's, University of Arizona and neighborhood parks. Thoughtfully designed with high ceilings, granite countertops and a classic tile roof, this property blends contemporary appeal with the timeless charm of North Central Tucson. Whether you're an investor seeking turnkey rental income or a buyer looking to live in one unit and offset your mortgage, this is a rare opportunity in one of Tucson's most desirable and walkable neighborhoods. Strong rental demand, prime location --photos are of builder model

Listing Details MLS# 22614593

Address Information

Street #: 3902
Direction: E
Street Name: Fairmount
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 122-13-074B
Area: Central
Subdivision: N/A
Comparable Only Listing: No
Tax Year: 2025
Taxes: 2140.9
Taxes For: Only for Land
Legal Description: Speedway No 1 N68.73 W69.66' Lot 5 Exc Rd
Township: 14
Community: None
Range: 14
Section: 3
Municipality/Zoning: Tucson - R3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Dwelling Type: Duplex
Attached/Detached: Detached
Construction Status: New Construction
Lot Dimensions: irregular
Lot Acres: 0.15
Lot Sqft: 6403
Lot Size Source: Assessor
Combined SqFt: 1948
Year Built: 2026
Total Parking: 2
School District: TUSD
Elementary School: Howell
Middle School: Vail
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 215.61
Lot Size Price/SqFt: 65.59

Property Features

Construction: Frame - Stucco Style: Contemporary Living Areas: Off Kitchen Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: Area Kitchen Features: Dishwasher Bathroom Features: 2 Primary Baths Laundry: Laundry Closet Extra Room: None Floor Covering: Ceramic Tile Window Covering: Some Window Features: Double Pane Windows Technology: Telephone Main Cooling: Ceiling Fan(s) Main Heating: Electric Water Heater: Electric Gas: None Sewer: Connected Water: Active Water Mgmt Accessibility Option: None Security: None Pool: None Spa: None Fence: Shared Fence Landscape - Front: Decorative Gravel; Low Care Landscape - Rear: Decorative Gravel View: Residential Road Type: Gravel Driveway: Car(s) Pad Exterior Feature: None Lot Features: Subdivided Neighborhood Features: None Terms: Cash; Conventional; FHA Loan Submit With Offer: Income Property Addendum; Proof of Funds Property Disclosures: None Special Conditions: None

Contract Information

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

More Information

Showing Information

Directions: Speedway/Alvernon go North to E on Fairmount to address

Unit Info

# of Units/2 BR: Yes
# of Units/3 BR: Yes

Unit 1 Information

Monthly Rent: 1700
# Beds: 3
# Full Baths: 2
SqFt: 1083
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 2 Information

Monthly Rent: 1450
# Beds: 2
# Full Baths: 2
SqFt: 1880
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Analysis

Cap Rate %: 8.05
Gross Rent Multi: 12.43
Vacancy Rate %: 10.58

Income

Gross Scheduled Rent: 37800
Vacancy Loss: 4000
Adjusted Gross: 33800
Net Opp Income: 33800
Other Income: 0
Total Expenses: 0

Expenses

Figures Presented: Proforma
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Gas/Electric: 0
Insurance: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 0
Water/Sewer: 0
Other Expenses: 0

Roof

Other: tile

Kitchen Features

Oven: electric
Dishwasher: Yes

Interior Features

Interior Steps: No

Electric

Electric Company: tep

Utilities Paid

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

Fence

Other: metal
Shared Fence: Yes

RV Parking

Other: none

Subdivision Restrict

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

Home Protection

Offered: No

Gas

None: Yes

Construction

Frame - Stucco: Yes

Style

Contemporary: Yes

Sewer

Connected: Yes

Water

Active Water Mgmt: Yes

Living Areas

Off Kitchen: Yes

Dining Areas

Dining in LR/GR: Yes

Dining Room

Area: Yes

View

Residential: Yes

Breakfast

Area: Yes

Road Type

Gravel: Yes

Road Maintenance

City: Yes

Lot Features

Subdivided: Yes

Main Cooling

Ceiling Fan(s): Yes

Laundry

Laundry Closet: Yes

Neighborhood Features

None: Yes

Main Heating

Electric: Yes

Extra Room

None: Yes

Water Heater

Electric: Yes

Association & Fees

HOA: No

Bathroom Features

2 Primary Baths: Yes

Terms

Cash: Yes
Conventional: Yes
FHA Loan: Yes

Floor Covering

Ceramic Tile: Yes

Submit With Offer

Income Property Addendum: Yes
Proof of Funds: Yes

Window Covering

Some: Yes

Accessibility Option

None: Yes

Window Features

Double Pane Windows: Yes

Technology

Telephone: Yes

Special Conditions

None: Yes

Security

None: Yes

Landscape - Front

Decorative Gravel: Yes
Low Care: Yes

Landscape - Rear

Decorative Gravel: Yes

Patio/Deck

None: Yes

Pool

None: Yes

Property Disclosures

None: Yes

Spa

None: Yes

Driveway

Car(s) Pad: Yes

Exterior Feature

None: Yes

Listing Office: Real Broker

Last Updated: June - 10 - 2026

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