1150 N Jones Boulevard, Tucson, AZ 85716
$475,000
Property Type:
Multi-Family
Square Footage:
2,357
Lot Size (sq. ft.):
57
Status:
Active
Current Price:
$475,000
List Date:
7/03/2025
Last Modified:
9/12/2025
Description
4 unit property located in central Tucson now available! Owner has owned for 30 years. Long term tenants. 7+ years. Unit 1150 is a huge 1 bed/ 1 bath with central AC, 1045 sq ft. Washer/dryer included. 1152 is a studio. Gas wall panel heat. Evap. 375 sq ft. Unit 1158 and 1168 are identical 1 bedrooms 500 sq ft. Wall panel heat. Evap. Window AC in BR. Very unique property with great income potential and/or unit 1158 can be owner occupied. Owner pays the water for 1150 and 1152. Owner pays gas for 1152. Tenants at 1158 and 1168 split the water bill. All other utilities are tenant responsibility. See documents tab for additional info and disclosures. All tenants are m/m. Owner has not raised rents on any tenants in years. Owner will consider all offers.
More Information MLS# 22517885
Address Information
Country: USA
Street #: 1150
Direction: N
Street Name: Jones
Suffix: Boulevard
State/Province: AZ
Zip Code: 85716
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2024
Taxes: 2683.77
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Morning View Tracts W2 Of N2 Of L 6 Blk 1
Township: 14
Community: None
Range: 14
Section: 4
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 122-17-0070
Area: Central
Subdivision: Morning View
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $475,000
List Price: $475,000
Listing Date: 2025-07-03
Status: Active
Showing Information
Directions: From Speedway and Alvernon: West on Speedway to Jones Blvd. North on Jones Blvd to address on your right. (Corner of Jones & Bellevue)
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 56x136x55x137
Lot Acres: 0.19
Total Parking: 3
Lot Sqft: 8233
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Blenman
Middle School: Doolen
High School: Catalina
Horse Facilities: No
List Price/SqFt: 201.53
Lot Size Price/SqFt: 57.69
Combined SqFt: 2357
Year Built: 1946
Unit Info
# of Units/Studios: 1
Avg Mo Rent/Studios: 695
# of Units/1 BR: 3
Avg Mo Rent/1 BR: 750
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 950
# Beds: 1
# Full Baths: 1
SqFt: 1045
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 37740
Total Expenses: 6584
Gross Scheduled Rent: 37740
Net Opp Income: 31156
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 695
# Full Baths: 1
SqFt: 300
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Analysis
Gross Rent Multi: 12.59
Vacancy Rate %: 0
Exp/SqFt: 2.79
Exp % of Gross: 17.45
Cap Rate %: 6.56
Construction
Concrete Block: 1
Unit 3 Information
Monthly Rent: 750
# Beds: 1
# Full Baths: 1
SqFt: 506
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 300
Insurance: 1800
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 2684
Water/Sewer: 1800
Other Expenses: 0
Style
Other: Home & duplex
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 750
# Beds: 1
# Full Baths: 1
SqFt: 506
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Roof
Shingle: 1
Water
Public: 1
Living Areas
Family Room: 1
Dining Areas
Dining in LR/GR: 1
Fence
Shared Fence: 1
Wood: 1
Other: stucco finish
Dining Room
None: 1
View
Residential: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Countertops: formica
Gas Range: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
Corner Lot: 1
East/West Exposure: 1
Subdivided: 1
Main Cooling
Ceiling Fan(s): 1
Other: various
Laundry
Other: Washer hook up
Neighborhood Features
Paved Street: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Wall Furnace: 1
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Smoke Detector: 1
Storage: 1
Bathroom Features
Shower & Tub/Primary: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Ceramic Tile: 1
Submit With Offer
Digital Signatures: Yes
Income Property Addendum: 1
Lender Pre-Approval: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
Security
Other: wrought iron doors
Landscape - Front
Low Care: 1
Shrubs: 1
Trees: 1
Landscape - Rear
Low Care: 1
Patio/Deck
None: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Pool
None: 1
Property Disclosures
Insurance Claims History Report: 1
Leases: 1
Military Airport Vct: 1
Seller Prop Disclosure: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
None: 1
RV Parking
Other: None
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.23766
Geo Lon: -110.920193
Property Features
Construction: Concrete Block
Roof: Shingle
Living Areas: Family Room
Dining Areas: Dining in LR/GR
Dining Room: None
Breakfast: None
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Shower & Tub/Primary
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector; Storage
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: Cable TV
Main Cooling: Ceiling Fan(s)
Main Heating: Forced Air; Natural Gas; Wall Furnace
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Pool: None
Spa: None
Fence: Shared Fence; Wood
Landscape - Front: Low Care; Shrubs; Trees
Landscape - Rear: Low Care
View: Residential
Road Type: Paved
Driveway: None
Exterior Feature: None
Lot Features: Corner Lot; East/West Exposure; Subdivided
Neighborhood Features: Paved Street
Terms: Cash; Conventional
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Leases; Military Airport Vct; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Documents
Seller Disclosure ›Listing Office: Grijalva Realty Corp.
Last Updated: September - 12 - 2025
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