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1101 E 12Th Street S, Tucson, AZ 85719

$275,000
Property Type: Multi-Family Square Footage: 3,528 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $275,000 List Date: 1/15/2015 Last Modified: 7/25/2026

Overview

Description

Fourplex centrally located near the university, downtown, the Arroyo Chico bike path and the interstate. Location, location, location! These 2 BR, 1 and 1/2 bath units have A/C, colored concrete or tile floors throughout, and updated kitchen appliances. This is a two story building with each unit having an upstairs. All tenants have been long term with an average rent of $575. Rents could easily be raised because of the amenities and location. These units are in good condition. Easy care units! Offers considered $280,000-300,000.

Listing Details MLS# 21501505

Address Information

Street #
1101
Direction
E
Street Name
12Th
Suffix
Street
Post Direction
S
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
124-12-029A
Area
Central
Subdivision
University Heights
Tax Year
2013
Taxes
1891.52
Assessments
0
Legal Description
Lot 9, in Block 45, of University Heights Addition, according to PC Recorder, recorded in Book 3 of Maps, Page 102
Township
14
Community
None
Range
14
Section
18
Municipality/Zoning
Tucson - C3
Fire Protection
Included in Taxes

General Property Information

Dwelling Type
Quadruplex
Lot Dimensions
120x50
Lot Acres
0.13
Lot Sqft
5663
Lot Size Source
Assessor
Combined SqFt
3528
Year Built
1983
List Price/SqFt
79.37
Lot Size Price/SqFt
49.44

Property Features

Main Cooling: Heat Pump Main Heating: Heat Pump Sewer: Connected Water: Public Security: None Terms: Cash; Conventional; Submit Property Disclosures: Public Airport Vcty

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2015-07-06
Pending Date
2015-08-24
Sold Date
2015-08-28
Sold Price/SqFt
77.95
Lot Sz Sold Prc/SqFt
48.56
How Sold
Conventional

More Information

Showing Information

Directions
West from Campbell on Broadway to Fremont, south to 12th Street. NE corner.

Unit Info

# of Units/2 BR
4
Avg Mo Rent/2 BR
575
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
7.83
Gross Rent Multi
10.17
Vacancy Rate %
2
Exp/SqFt
1.56
Exp % of Gross
20.38

Income

Gross Scheduled Rent
27600
Vacancy Loss
552
Adjusted Gross
27048
Total Expenses
5512
Net Opp Income
21536
Other Income
0

Expenses

Gas/Electric
360
Insurance
720
Maintenance Supplies
500
Taxes/Assessments
1892
Water/Sewer
2040
Figures Presented
Actual
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Management
0
Resident Manager
0
Other Expenses
0

Interior Features

Interior Steps
Yes

Miscellaneous

Master Water Meter
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Heat Pump
Yes

Main Heating

Heat Pump
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Security

None
Yes

Property Disclosures

Public Airport Vcty
Yes
IDX
Listing Office: Realty Executives Arizona Territory
Last Updated: July - 25 - 2026
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.

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