450 Via Lechuza, Rio Rico, AZ 85648

New Listing
$359,000
Property Type: Multi-Family Square Footage: 2,679 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $359,000 List Date: 5/15/2026 Last Modified: 5/15/2026

Overview

Description

Investment opportunity in a prime location! This well-maintained triplex features durable brick construction and is conveniently located near shopping, services, schools, and walking trails. Each unit offers 2 bedrooms and 1 bathroom, making it an attractive option for tenants. Live in one unit and generate rental income from the other two. Great potential for owner-occupants or investors looking to expand their portfolio.

Listing Details MLS# 22612536

Address Information

Street #
450
Street Name
Via Lechuza
State/Province
AZ
Zip Code
85648
County
Santa Cruz
Country
USA

Location, Tax & Legal

Tax Code
124-02-290
Area
SCC-Rio Rico West
Subdivision
Rio Rico Villas
Tax Year
2025
Taxes
1138.8
Taxes For
Dwelling & Land
Legal Description
Sub Rio Rico Villas Unit No.13 Lot 19 Of Blk 661
Township
22
Community
None
Municipality/Zoning
SCC - MFR
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Triplex
Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
9,583
Lot Acres
0.22
Lot Sqft
9583
Lot Size Source
Assessor
Combined SqFt
2679
Year Built
1989
Total Parking
3
School District
Santa Cruz Valley United School District #35
Elementary School
Mountain View Elementary
Middle School
Coatimundi Middle School
High School
Rio Rico High School
Horse Property
No
Horse Facilities
No
List Price/SqFt
134.01
Lot Size Price/SqFt
37.46

Property Features

Construction: Brick Style: Ranch Roof: Built-Up - Reflect Living Areas: Living Room Dining Areas: Eat-In Kitchen Dining Room: Area Breakfast: Area Kitchen Features: Gas Range Bathroom Features: Shower & Tub/Hall Laundry: Laundry Closet Extra Room: None Interior Features: Ceiling Fan(s); Smoke Detector Floor Covering: Ceramic Tile Window Covering: Stay Technology: High Speed Internet Main Cooling: Evaporative Cooling Main Heating: Gas Pac Water Heater: Propane Gas: Propane Sewer: Connected Accessibility Option: None Security: None Pool: None Spa: None Fence: None Landscape - Front: None Landscape - Rear: None Road Type: Paved Road Maintenance: County Driveway: None Exterior Feature: None Lot Features: East/West Exposure Neighborhood Features: Walking Trail Terms: Cash; Conventional; FHA Loan; Submit Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
Exit 17 toward W Frontage Rd. left on Via Lechuza.

Unit Info

# of Units/2 BR
3

Unit 1 Information

Monthly Rent
925
# Beds
2
# Full Baths
Yes
SqFt
894
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
925
# Beds
2
# Full Baths
Yes
SqFt
894
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 3 Information

# Beds
2
# Full Baths
Yes
SqFt
894
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
-0.05
Gross Rent Multi
121.69
Exp/SqFt
1.16
Exp % of Gross
105.59
Vacancy Rate %
0

Income

Gross Scheduled Rent
2775
Other Income
175
Adjusted Gross
2950
Total Expenses
3114.8
Net Opp Income
-164.8
Vacancy Loss
0

Expenses

Insurance
1801
Taxes/Assessments
1138.8
Water/Sewer
175
Figures Presented
Actual
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Maintenance Supplies
0
Management
0
Resident Manager
0
Other Expenses
0

Kitchen Features

Appliance Color
White
Gas Range
Yes

Interior Features

Interior Steps
No
Ceiling Fan(s)
Yes
Smoke Detector
Yes

Electric

Electric Company
Unisource

Water

Water Company
Liberty Water

Utilities Paid

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

RV Parking

Other
None

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
Yes

Submit With Offer

Digital Signatures
Yes
Income Property Addendum
Yes
Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Home Protection

Offered
No

Gas

Propane
Yes

Construction

Brick
Yes

Style

Ranch
Yes

Sewer

Connected
Yes

Roof

Built-Up - Reflect
Yes

Living Areas

Living Room
Yes

Dining Areas

Eat-In Kitchen
Yes

Fence

None
Yes

Dining Room

Area
Yes

View

City
Yes

Breakfast

Area
Yes

Road Type

Paved
Yes

Road Maintenance

County
Yes

Lot Features

East/West Exposure
Yes

Main Cooling

Evaporative Cooling
Yes

Laundry

Laundry Closet
Yes

Neighborhood Features

Walking Trail
Yes

Main Heating

Gas Pac
Yes

Extra Room

None
Yes

Water Heater

Propane
Yes

Association & Fees

HOA
No

Bathroom Features

Shower & Tub/Hall
Yes

Terms

Cash
Yes
Conventional
Yes
FHA Loan
Yes
Submit
Yes

Floor Covering

Ceramic Tile
Yes

Window Covering

Stay
Yes

Accessibility Option

None
Yes

Technology

High Speed Internet
Yes

Special Conditions

None
Yes

Security

None
Yes

Landscape - Front

None
Yes

Landscape - Rear

None
Yes

Patio/Deck

Enclosed
Yes

Pool

None
Yes

Property Disclosures

Seller Prop Disclosure
Yes

Spa

None
Yes

Driveway

None
Yes

Exterior Feature

None
Yes
IDX
Listing Office: Long Realty
Last Updated: May - 15 - 2026
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