508 E Mohave Road offers an excellent value-add opportunity for an investor looking for units in a thriving part of Tucson, just 7 minutes from the University of Arizona. At just shy of $93,000/unit, a buyer can acquire the asset at a great cost-basis and capitalize on rental premiums by strategically repositioning the property through renovations and operational optimization. Unit mix of (3) 2beds (2) 1beds (1) Studio and (1) Mobile (legally affixed. 10'x45') Gross rents of $5,760/month. Property is 100% Occupied, do not disturb tenants! No interior tours until accepted contract.
Amazing opportunity to add third unit in existing garage! To be sold with front home 1033 N 4th Ave MLS 22427030. Savvy investors will take advantage of the huge garage ready for build out to maximize investment potential. Positioned in a highly desirable area, this property is conveniently close to UOFA, ensuring high demand from both students and professionals close to vibrant city amenities, cultural landmarks, and educational institutions. There is a detached guest home that has 3 bedrooms and 3 bathrooms for amazing income potential whether AirBnb or student housing. The attached garage presents a unique opportunity for additional income and can be built out for additional living space for higher return. It already has plumbing and electrical and is ready for finishing touches.
Great cash flowing investment opportunity! 8 units with a great mix of (1) 2 bed/2 bath single family home, (3) 2 bed/1 bath units, (3) stand-alone 1 bed/1 bath units, and (1) studio. All units except the studio have laundry hook ups. Private backyards. Most units have AC. Additional storage shed on site, as well. Very centrally located close to the I-10, between Downtown/UofA and the Tucson Mall. Quiet, private residences that the tenants love. Buyer and buyer's agent to verify all facts and figures.
Investor Opportunity: Multifamily 2 Building 4-Plex in Prime Location This fully-occupied, cash-flowing 4-plex sits on over a quarter acre, making it a smart addition to any investor's portfolio. Each of the four units offers a 1-bedroom, 1-bathroom layout with its own outdoor storage closet and individual backyard space, ensuring tenant satisfaction and easy maintenance. The property is separately metered for electricity, while water is building-metered, providing a clear and manageable utility setup. Located minutes from the University of Arizona and within walking distance of shopping, dining, and entertainment, this property is situated in a highly desirable rental market that ensures low vacancy rates and fast tenant turnover. All units feature energy-efficient Mini Split AC/Heater systems, and the roof was recoated in 2020, reducing future capital expenses. This multifamily investment provides strong rental income with room for growth, making it an ideal opportunity for both seasoned and new real estate investors looking to maximize returns.
Prime location in South Tucson. Three detached one bedroom one bath casitas with ceramic tile flooring. Each unit has a 6' metal perimeter fence with a large yard lots of parking and gate access. All three roofs replaced, three new mini-split ac units installed, all appliances are new and two kitchens have been remodeled. One unit is vacant. Owner may consider seller financing with 20% down for a qualified buyer. Additional information is under the documents tab.
Own a cash flowing 7 unit building that is 100% occupied and newly renovated! Close to university, airport, and interstates, but a very walkable community. Over $10,500+ per year in cash flow with a 7.53% cap rate. Low maintenance solid block construction. 12 parking spaces. Priced at under $123,000/unit and well below comps. 4 - 2 bedroom units; 2 - 1 bedroom units; and 1 studio so a good tenant mix.
Tucson is located in Arizona. Tucson, Arizona has a population of 538,167. Tucson is more family-centric than the surrounding county with 26.95% of the households containing married families with children. The county average for households married with children is 26.65%.
The median household income in Tucson, Arizona is $48,058. The median household income for the surrounding county is $59,215 compared to the national median of $69,021. The median age of people living in Tucson is 34.2 years.
The average high temperature in July is 100.2 degrees, with an average low temperature in January of 38.7 degrees. The average rainfall is approximately 12.3 inches per year, with 0.4 inches of snow per year.