443 S Stone Avenue, Tucson, AZ 85701

$1,749,000
Property Type: Multi-Family Square Footage: 5,039 Lot Size (sq. ft.): 259 Status: Active
Current Price: $1,749,000 List Date: 11/22/2025 Last Modified: 11/23/2025

Description

Owner/Agent. Seize the opportunity to own prime real estate in highly desired Historic Armory Park downtown Tucson, Live/Work in a Walker's-Biker's Paradise! Historically, Amado's Compound between 1840 - 1940's & Tucson's Youth Music Ctr., the Fiddle Thrift Shop between 1970's - 2022. Historic Architectural & Adobe charm meet the needs of today's modern live/work functionality offering 8 Studios or Creative Office spaces each with a new bathroom & kitchenette option! Addl features incl. 2 laundry rooms with 5 stackable hooks ups, a spacious indoor storage or bonus rm & a courtyard! HC-3 Zoning provides for variety use of Office & permitted Residential use; see Commercial MLS 22519690. Public parking/spaces on 15th St & Stone Av. Excellent Walking/Biking score 91/100 & TUGO Bikeshare!

Supplements: Easy access to businesses, shops, 5 Pts, eateries & social venues. Sun Link Streetcar provides transportation to all 5 Districts! New workmanship highlights: A new expanded hall entrance, keycode door pads installed on each unit. * 8 New HVACs & 1 New mini split systems. All new electrical system, incl. 2 new electric meters & 6 new electric panels. All new quality design lighting & fixtures, new roof work, new interior & exterior plumbing, new quartz countertops & apple wood cabinetry throughout. Beautiful adobe features showcase timeless historical significance! Stunning smooth concrete & granite feature wall designs! All new modern/custom design kitchenettes & bathrooms. New tile flooring/trim, doors & new int/ext. paint throughout. Gently restored Historic exterior doors & windows. Major work done provides an ease of mind for a great investment opportunity! Renovation updates reflect Main Bldg. Eff Age 1937 to 1975 & former Fiddle Thrift Shop 1947 to 1981 (all attached/one bldg). Workmanship warranties transfer zero cost. Historical Property within Tucson's Downtown Incentive Infill Zone. Pre List Appraisal is well above LP! Prime real estate investment opportunity that won't last long! Unit Info & Income/Analysis shown for 8 Studios (currently unoccupied), Not including Utilities: $1250/mo. for Units #1, 7, 8 $1700/mo. for Units # 2, 3, 4, 5, 6

More Information MLS# 22530271

Address Information

Country: USA Street #: 443 Direction: S Street Name: Stone Suffix: Avenue State/Province: AZ Zip Code: 85701 County: Pima

Location, Tax & Legal

Comparable Only Listing: No Tax Year: 2025 Taxes: 6779.19 Taxes For: Dwelling & Land Legal Description: From Parcel:001010010 /Tucson Lot 2 Exc E106' & N5' Lot 3 Exc E106' Blk 238 Township: 14 Community: None Range: 13 Section: 13 Municipality/Zoning: Tucson - HC3 Fire Protection: Included in Taxes FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 117-14-2040 Area: Central Subdivision: N/A

Contract Information

Method of Title: Fee (Simple) Distressed Info: None Current Price: $1,749,000 List Price: $1,749,000 Listing Date: 2025-11-21 Status: Active

Showing Information

Directions: I-10, E. on Congress, S. on South Stone Av., property located on corner of Stone and 15th St.

General Property Information

Dwelling Type: Quadruplex Attached/Detached: Attached Construction Status: Existing Lot Dimensions: Assessor Lot Acres: 0.15 Total Parking: 8 Lot Sqft: 6752 Lot Size Source: Assessor Horse Property: No School District: TUSD Elementary School: Safford K-8 Magnet Middle School: Safford K-8 Magnet High School: Tucson Horse Facilities: No List Price/SqFt: 347.09 Lot Size Price/SqFt: 259.03 Combined SqFt: 5039 Year Built: 1937

Electric

Electric Company: TEP

Unit 1 Information

Monthly Rent: 1250 # Full Baths: 1 SqFt: 326 Occupancy: No Stories: Single Floor: 1st Furnished: No Parking: On Street

Income

Vacancy Loss: 2940 Other Income: 0 Adjusted Gross: 144060 Total Expenses: 31016.19 Gross Scheduled Rent: 147000 Net Opp Income: 113043.81

Gas

None: 1

Unit 2 Information

Monthly Rent: 1700 # Full Baths: 1 SqFt: 409 Occupancy: No Stories: Single Floor: 1st Furnished: No Parking: On Street

Analysis

Gross Rent Multi: 12.14 Vacancy Rate %: 2 Exp/SqFt: 6.16 Exp % of Gross: 21.53 Cap Rate %: 6.46

Construction

Brick: 1 Frame - Stucco: 1 Mud Adobe: 1

Unit 3 Information

Monthly Rent: 1700 # Beds: 1 # Full Baths: 1 SqFt: 685 Occupancy: No Stories: Single Furnished: No Parking: On Street

Expenses

Admin Expenses: 1000 Capital Expenses: 3900 Contract Services: 0 Figures Presented: Proforma Gas/Electric: 7700 Insurance: 437 Maintenance Supplies: 1000 Management: 7000 Resident Manager: 0 Taxes/Assessments: 6779.19 Water/Sewer: 3200 Other Expenses: 0

Style

Modern: 1 Other: Historic Property

Sewer

Connected: 1 Other: Joint Sewer

Unit 4 Information

Monthly Rent: 1700 # Full Baths: 1 SqFt: 505 Occupancy: No Stories: Single Floor: 1st Furnished: No Parking: On Street

Roof

Built-Up: 1 Rolled: 1

Water

Public: 1

Living Areas

Other: Living Open

Dining Areas

Eat-In Kitchen: 1

Fence

Slump Block: 1 Stucco Finish: 1

Dining Room

Other: Kitchen Open Space

View

City: 1 Residential: 1

Breakfast

Other: Kitchen Open Space

Road Type

Paved: 1

Kitchen Features

Countertops: Quartz Missing: Stove top(s)/hook up Prep Sink: 1 Appliance Color: Other Microwave: as shown.

Road Maintenance

City: 1

Lot Features

Corner Lot: 1 East/West Exposure: 1 North/South Exposure: 1 Subdivided: 1

Main Cooling

Ceiling Fan(s): 1 Central Air: 1 Heat Pump: 1 Other: 8 HVACS 1 Mini Split

Laundry

Laundry Room: 1 Outside: 1 Other: Indoor/Outdr Laundry

Neighborhood Features

Green Valley Rec: No Historic: 1 Jogging/Bike Path: 1 Lighted: 1 Park: 1 Paved Street: 1 Sidewalks: 1 Street Lights: 1

Main Heating

Heat Pump: 1 Other: 1 Mini Split

Extra Room

Bonus Room: 1 Storage: 1

Water Heater

Electric: 1

Association & Fees

HOA: No

Interior Features

Ceiling Fan(s): 1 Interior Steps: Yes Smoke Detector: 1 Split Bedroom Plan: 1 Split Plan: 1 Storage: 1

Bathroom Features

Dual Sinks/Primary: 1 Shower Only/Primary: 1 Countertops/Primary: Quartz

Terms

Cash: 1 Conventional: 1

Floor Covering

Other: Porcelain

Submit With Offer

Digital Signatures: Yes Dual Agency Consent: 1 Earnest Check: 1 Income Property Addendum: 1 Lender Pre-Approval: 1 Loan Pre-Qualifiaction: 1 Loan Status: 1 Proof of Funds: 1 Seller Title Company: TSA/First American

Window Covering

None: 1

Accessibility Option

Entry: 1 Level: 1 Wide Doorways: 1 Wide Hallways: 1

Technology

Cable TV: 1

Security

None: 1

Green Features

Adobe: 1 Bath Exhaust Out: 1 Dual-Flush Toilets: 1

Landscape - Front

Decorative Gravel: 1 Desert Plantings: 1 Low Care: 1 Shrubs: 1

Landscape - Rear

Low Care: 1 Shrubs: 1

Patio/Deck

Slab: 1

Utilities Paid

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

Pool

None: 1

Property Disclosures

Appraisal: 1 Insurance Claims History Report: 1 Lead Based Paint: 1 Public Airport Vcty: 1 Seller Prop Disclosure: 1

Spa

None: 1

Special Conditions

None: 1

Driveway

Paved: Asphalt

RV Parking

Other: None

Exterior Feature

Courtyard: 1

Subdivision Restrict

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

Home Protection

Offered: No

Remarks Misc

Geo Lat: 32.215743 Geo Lon: -110.969887

Property Features

Construction: Brick; Frame - Stucco; Mud Adobe Style: Modern Roof: Built-Up; Rolled Dining Areas: Eat-In Kitchen Kitchen Features: Prep Sink Bathroom Features: Dual Sinks/Primary; Shower Only/Primary Laundry: Laundry Room; Outside Extra Room: Bonus Room; Storage Interior Features: Ceiling Fan(s); Smoke Detector; Split Bedroom Plan; Split Plan; Storage Window Covering: None Technology: Cable TV Main Cooling: Ceiling Fan(s); Central Air; Heat Pump Main Heating: Heat Pump Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: Entry; Level; Wide Doorways; Wide Hallways Security: None Green Features: Adobe; Bath Exhaust Out; Dual-Flush Toilets Pool: None Spa: None Fence: Slump Block; Stucco Finish Landscape - Front: Decorative Gravel; Desert Plantings; Low Care; Shrubs Landscape - Rear: Low Care; Shrubs View: Residential Road Type: Paved Exterior Feature: Courtyard Lot Features: Corner Lot; East/West Exposure; North/South Exposure; Subdivided Neighborhood Features: Historic; Jogging/Bike Path; Lighted; Park; Paved Street; Sidewalks; Street Lights Terms: Cash; Conventional Submit With Offer: Dual Agency Consent; Earnest Check; Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Loan Status; Proof of Funds Property Disclosures: Appraisal; Lead Based Paint; Public Airport Vcty; Seller Prop Disclosure; Insurance Claims History Report Special Conditions: None
Listing Office: Tierra Antigua Realty
IDX
Last Updated: November - 23 - 2025
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