231 W Illinois Street, Tucson, AZ 85714
$275,000
Property Type:
Multi-Family
Square Footage:
1,293
Lot Size (sq. ft.):
36
Status:
Active
Current Price:
$275,000
List Date:
3/12/2026
Last Modified:
3/12/2026
Description
Property ranged priced from $275,000- $285,000. Income producing duplex generating $2,200/month ($26,400/annually) in gross rental income. 6.98% CAP rate & 10.4 GRM. Both units currently occupied! Featuring two units: 1 bedroom, 1 bath ($1,000/month) and a 2 bedroom, 1 bath ($1,200/month). Property includes washer and dryer hookups. Area known for strong rental market and increasing rent prices! CALL SHAY TODAY TO SCHEDULE A PRIVATE SHOWING! 520-500-7986
More Information MLS# 22606644
Address Information
Country: USA
Street #: 231
Direction: W
Street Name: Illinois
Suffix: Street
State/Province: AZ
Zip Code: 85714
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2025
Taxes: 762.85
Taxes For: Dwelling & Land
Legal Description: National City No 4 Lot 6 Exc S7.5' For Alley Blk 65
Township: 14
Community: None
Range: 13
Section: 36
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 120-08-1980
Area: South
Subdivision: National City NO. 4
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $275,000
List Price: $275,000
Listing Date: 2026-03-12
Status: Active
General Property Information
Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 126x60
Lot Acres: 0.17
Total Parking: 2
Lot Sqft: 7492
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Hollinger
Middle School: Utterback-Magnet
High School: Pueblo
Horse Facilities: No
List Price/SqFt: 212.68
Lot Size Price/SqFt: 36.71
Combined SqFt: 1293
Year Built: 1946
Showing Information
Directions: Head east on W Ajo Way towards S 6th Ave, turn right onto S 6th Ave, turn right onto W Illinois St, turn left onto S 7th St, turn right onto W Illinois St
Unit Info
# of Units/1 BR: 1
# of Units/2 BR: 1
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 1200
# Beds: 2
# Full Baths: 1
SqFt: 776
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 1320
Other Income: 0
Adjusted Gross: 25080
Total Expenses: 2898.85
Gross Scheduled Rent: 26400
Net Opp Income: 22181.15
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 1000
# Beds: 1
# Full Baths: 1
SqFt: 517
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 10.96
Vacancy Rate %: 5
Exp/SqFt: 2.24
Exp % of Gross: 11.56
Cap Rate %: 8.07
Construction
Masonry Stucco: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 2136
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 762.85
Water/Sewer: 0
Other Expenses: 0
Style
Bungalow: 1
Sewer
Connected: 1
Roof
Shingle: 1
Water
Public: 1
Living Areas
Family Room: 1
Dining Areas
Breakfast Nook: 1
Eat-In Kitchen: 1
Fence
Chain Link: 1
Dining Room
Area: 1
View
None: 1
Breakfast
Area: 1
Road Type
Paved: 1
Kitchen Features
Gas Range: 1
Oven: 2
Disposal: 1
Road Maintenance
City: 1
Lot Features
North/South Exposure: 1
Main Cooling
Central Air: 1
Other: mini split system
Laundry
Other: Hookups on 2 bed
Neighborhood Features
Paved Street: 1
Main Heating
Heat Pump: 1
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Interior Steps: No
Bathroom Features
None: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Ceramic Tile: 1
Submit With Offer
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Window Covering
None: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
High Speed Internet: 1
Security
None: 1
Landscape - Front
Decorative Gravel: 1
Landscape - Rear
Decorative Gravel: 1
Patio/Deck
None: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Tenant
Sewer: Tenant
Taxes: Tenant
Trash: Tenant
Water: Tenant
Pool
None: 1
Property Disclosures
Lead Based Paint: 1
Seller Prop Disclosure: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Gravel
RV Parking
Space Available: 1
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.168419
Geo Lon: -110.972767
Property Features
Construction: Masonry Stucco
Style: Bungalow
Roof: Shingle
Living Areas: Family Room
Dining Areas: Breakfast Nook; Eat-In Kitchen
Dining Room: Area
Breakfast: Area
Kitchen Features: Gas Range; Disposal
Bathroom Features: None
Extra Room: None
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air
Main Heating: Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Decorative Gravel
Landscape - Rear: Decorative Gravel
View: None
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: Paved Street
Terms: Cash; Conventional
Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Documents
Lead Paint Discl ›Listing Office: Indie Realty, LLC
Last Updated: March - 12 - 2026
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