, Tucson, AZ 85706 (MLS# 22616405)

Tucson, AZ 85706

New Listing

$615,000

The opportunities you can do on this property

Property Type: Multi-Family Square Footage: 2,432 Lot Size (sq. ft.): 105,250 Status: Active

Current Price: $615,000 List Date: 7/02/2026 Last Modified: 7/02/2026

Overview

Description

Rare opportunity! This unique property features two existing 3-bedroom, 2-bath homes, each approximately 1,220 sq. ft., situated on a spacious lot with approximately 2 acres of vacant land behind the residences. Located within the City of Tucson, this property offers incredible development potential. Buyer to verify all zoning, density, and development opportunities with the City of Tucson, but the site may allow for multi-family development of up to 32 units. Ideal for investors, builders, or buyers seeking rental income while planning future expansion. Live in one home and rent the other, develop the remaining acreage, or create your next investment project. Priced to sell at $625,000. Don't miss this exceptional opportunity!

Listing Details MLS# 22616405

Address Information

State/Province: AZ
Zip Code: 85706
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 137-07-0520
Area: South
Subdivision: Arcadia
Comparable Only Listing: No
Tax Year: 2025
Taxes: 2153
Taxes For: Dwelling & Land
Legal Description: DIST:SOUTH TUCSON CITY/MUNI/TWP:EL PUEBLO PARK SEC/TWN/RNG/MER:SEC 01 TWN 15S RNG 13E ARCADIA N2 LOT 7 BLK 2 MAP REF:PLA
Township: 15
Community: None
Range: 13
Section: Yes
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Dwelling Type: Duplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 150 W X 630 L
Lot Acres: 2.41
Lot Sqft: 105250
Lot Size Source: Assessor
Combined SqFt: 2432
Year Built: 1993
Total Parking: 2
School District: Sunnyside
Elementary School: Liberty
Middle School: Apollo
High School: Sunnyside
Horse Property: No
Horse Facilities: No
List Price/SqFt: 252.88
Lot Size Price/SqFt: 5.84

Property Features

Construction: Slump Block Style: Contemporary Roof: Shingle Living Areas: Living Room Dining Areas: Eat-In Kitchen Dining Room: Area Breakfast: Area; None Kitchen Features: Gas Range; Lazy Susan; Disposal; Refrigerator Bathroom Features: Shower & Tub/Hall; Shower Only/Primary Laundry: Laundry Room Extra Room: None Interior Features: Ceiling Fan(s); Skylights; Smoke Detector Floor Covering: Ceramic Tile Window Covering: Stay Technology: Cable TV; High Speed Internet Main Cooling: Central Air Main Heating: Gas Pac Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Pool: None Spa: None Fence: Chain Link Landscape - Front: None Landscape - Rear: None View: None Road Type: Paved Exterior Feature: None Lot Features: East/West Exposure Neighborhood Features: None Terms: Cash; Conventional; FHA Loan Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: None Special Conditions: Property Sold As-Is

Contract Information

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

Showing Information

Directions: From I-19 Take Irvington Exit Go left (East) On Liberty Ave Go Right (South) Address is on the leftside

More Information

Unit Info

# of Units/3 BR: 2

Unit 1 Information

Monthly Rent: 1600
# Beds: 3
# Full Baths: 2
SqFt: 1220
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport

Unit 2 Information

Monthly Rent: 1700
# Beds: 3
# Full Baths: 2
SqFt: 1220
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport

Analysis

Cap Rate %: 5.59
Gross Rent Multi: 15.53
Exp/SqFt: 2.14
Exp % of Gross: 13.13
Vacancy Rate %: 0

Income

Gross Scheduled Rent: 39600
Adjusted Gross: 39600
Total Expenses: 5200
Net Opp Income: 34400
Vacancy Loss: 0
Other Income: 0

Expenses

Insurance: 2600
Taxes/Assessments: 2600
Figures Presented: Actual
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Gas/Electric: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Water/Sewer: 0
Other Expenses: 0

Kitchen Features

Appliance Color: Stainless
Countertops: Granite
Microwave: Yes
Gas Range: Yes
Lazy Susan: Yes
Disposal: Yes
Refrigerator: Yes

Interior Features

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

Electric

Electric Company: TEP

Security

Other: Door

Utilities Paid

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

Driveway

Paved: Concrete

RV Parking

Other: None

Subdivision Restrict

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

Submit With Offer

Seller Title Company: Barbi Stewart
Lender Pre-Approval: Yes
Proof of Funds: Yes

Home Protection

Offered: No

Gas

Natural: Yes

Construction

Slump Block: Yes

Style

Contemporary: Yes

Sewer

Connected: Yes

Roof

Shingle: Yes

Water

Public: Yes

Living Areas

Living Room: Yes

Dining Areas

Eat-In Kitchen: Yes

Fence

Chain Link: Yes

Dining Room

Area: Yes

View

None: Yes

Breakfast

Area: Yes
None: Yes

Road Type

Paved: Yes

Road Maintenance

City: Yes

Lot Features

East/West Exposure: Yes

Main Cooling

Central Air: Yes

Laundry

Laundry Room: Yes

Neighborhood Features

None: Yes

Main Heating

Gas Pac: Yes

Extra Room

None: Yes

Water Heater

Natural Gas: Yes

Association & Fees

HOA: No

Bathroom Features

Shower & Tub/Hall: Yes
Shower Only/Primary: Yes

Terms

Cash: Yes
Conventional: Yes
FHA Loan: Yes

Floor Covering

Ceramic Tile: Yes

Window Covering

Stay: Yes

Accessibility Option

None: Yes

Technology

Cable TV: Yes
High Speed Internet: Yes

Special Conditions

Property Sold As-Is: Yes

Landscape - Front

None: Yes

Landscape - Rear

None: Yes

Patio/Deck

None: Yes

Pool

None: Yes

Property Disclosures

None: Yes

Spa

None: Yes

Exterior Feature

None: Yes

Listing Office: Rio Nuevo Realty LLC

Last Updated: July - 02 - 2026

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