Tucson, AZ 85706
$599,000
Property Type:
Multi-Family
Square Footage:
2,432
Lot Size (sq. ft.):
105,250
Status:
Active
Current Price:
$599,000
List Date:
7/02/2026
Last Modified:
7/13/2026
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!
More Information 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
Contract Information
Current Price: $599,000
List Price: $599,000
Listing Date: 2026-07-01
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
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: 246.3
Lot Size Price/SqFt: 5.69
Showing Information
Directions: From I-19
Take Irvington Exit
Go left (East)
On Liberty Ave
Go Right (South)
Address is on the leftside
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
Income
Gross Scheduled Rent: 39600
Adjusted Gross: 39600
Total Expenses: 5200
Net Opp Income: 34400
Expenses
Insurance: 2600
Taxes/Assessments: 2600
Figures Presented: Actual
Kitchen Features
Appliance Color: Stainless
Countertops: Granite
Microwave: Yes
Interior Features
Interior Steps: No
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
Home Protection
Offered: No
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
Listing Office: Rio Nuevo Realty LLC
Last Updated: July - 13 - 2026
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