760 E American Avenue, Oracle, AZ 85623

$1,200,000
Property Type: Multi-Family Square Footage: 8,820 Lot Size (sq. ft.): 76,230 Status: Active
Current Price: $1,200,000 List Date: 10/13/2025 Last Modified: 6/23/2026

Overview

Description

Are you looking for a commercial property that also has residential homes? Look no further! This large 2-acre property has everything you need! Here's your chance to seamlessly blend living and working in one remarkable property. The commercial building is 5,600 sq ft divided into four prime rental spaces. There are also 2, two bedrooms homes that have been updated. The commercial building has a new roof as of 2026. Many upgrades everywhere! When you combine the estimated values of these three main structures. Located at the base of Mt. Lemmon, in the heart of the Arizona adventure corridor, this opportunity is truly one-of-a-kind.

Supplements: Don't miss out on this exceptional opportunity to own a piece of history in beautiful Oracle, AZ! This expansive 2-acre property is perfect for savvy investors or business owners who want to blend work and living space seamlessly. At the heart of the property, you'll find a remarkable 5,600 sq ft commercial building located at 760 E American Ave. T ...

Listing Details MLS# 22526563

Address Information

Street #
760
Direction
E
Street Name
American
Suffix
Avenue
State/Province
AZ
Zip Code
85623
County
Pinal
Country
USA

Location, Tax & Legal

Tax Code
308-03-0520
Area
Pinal
Subdivision
Oracle Townsite

General Property Information

Dwelling Type
Triplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Oblong
Lot Acres
2.03
Lot Sqft
76230
Lot Size Source
Other
Combined SqFt
8820
Year Built
1956
Total Parking
30
School District
Oracle
Elementary School
Oracle Ridge
Middle School
Gardner
High School
Canyon Del Oro
Horse Property
No
Horse Facilities
No
List Price/SqFt
136.05
Lot Size Price/SqFt
15.74

Property Features

Construction: Brick; Frame; Metal Roof: Membrane Living Areas: None Dining Areas: Eat-In Kitchen Dining Room: None Breakfast: None Kitchen Features: Refrigerator Bathroom Features: None Laundry: None Extra Room: Storage Interior Features: Workshop Floor Covering: Stone; Wood Window Covering: None Technology: High Speed Internet Main Heating: Electric Water Heater: Electric Electric: None Gas: Natural Sewer: Septic Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: None Landscape - Front: Decorative Gravel; Desert Plantings; Natural Desert; Shrubs; Trees Landscape - Rear: Decorative Gravel; Desert Plantings; Low Care; Natural Desert; Shrubs; Trees View: Panoramic; Residential; Rural; Sunrise; Mountain(s) Road Type: Dirt; Gravel; Paved RV Parking: Space Available Exterior Feature: Courtyard; Shed(s); Workshop Lot Features: Borders Common Area; East/West Exposure; Hillside Lot Neighborhood Features: Historic; Paved Street; Street Lights; Walking Trail Terms: Cash; Conventional; Exchange; For Rent Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds; Written Lender Approval Property Disclosures: Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
From Tucson / Oro Valley take Oracle Road, which becomes Highway 77. Pass Saddlebrooke Ranch & Biosphere 2, then turn right into Oracle. Continue on American Avenue for about 3 miles until you spot your destination on the left, near Mount Lemmon Highway--a must-visit for thrill-seekers! Discover the stunning back side of Mount Lemmon and experience Arizona's adventure corridor!

Unit Info

# of Units/Studios
4

Unit 1 Information

Monthly Rent
5520
# Half Baths
3
SqFt
5620
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
2000
# Beds
2
# Full Baths
Yes
SqFt
1500
Occupancy
Yes
Stories
Two
Floor
1st
Furnished
No
Parking
On Property

Unit 3 Information

Monthly Rent
1900
# Beds
2
# Full Baths
2
SqFt
1700
Occupancy
Yes
Stories
Two
Furnished
No
Parking
On Property

Analysis

Cap Rate %
Yes
Gross Rent Multi
99.7

Income

Gross Scheduled Rent
10020
Adjusted Gross
10020
Net Opp Income
10020

Expenses

Figures Presented
Proforma

Style

Other
Metal and Block

Kitchen Features

Appliance Color
Stainless

Main Cooling

Other
Minis plit, AC

Main Heating

Other
Gas Furnace

Water

Water Company
AZ Water

Utilities Paid

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

Driveway

Paved
Asphalt

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Home Protection

Offered
No
IDX
Listing Office: HomeCoin.com
Last Updated: June - 23 - 2026
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.