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1521 N Winstel Boulevard, Tucson, AZ 85716

New Listing
$220,000
Property Type: Multi-Family Square Footage: 1,440 Lot Size (sq. ft.): 7,200 Status: Active
Current Price: $220,000 List Date: 9/14/2026 Last Modified: 9/14/2026

Overview

Description

Perfect low dollar entrance to get a 7.45% cap rate on your investment property! Long term tenants who want to remain with new owner, but leases are up in November and January. The price per square foot allows you to update in the future and flip. This is a rare opportunity to get into the investment property game or add to your portfolio.

Listing Details MLS# 22621715

Address Information

Street #
1521
Direction
N
Street Name
Winstel
Suffix
Boulevard
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-18-1120
Area
Central
Subdivision
Speedway Park

General Property Information

Dwelling Type
Duplex
Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
60x123
Lot Acres
0.16
Lot Sqft
7200
Lot Size Source
Assessor
Combined SqFt
1440
Year Built
1959
School District
TUSD
Elementary School
Wright
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
152.78
Lot Size Price/SqFt
30.56

Property Features

Construction: Brick Style: Ranch Roof: Built-Up; Built-Up - Reflect Living Areas: Living Room Dining Areas: Breakfast Bar Dining Room: None Breakfast: Eat-In Bathroom Features: None Laundry: Outside Extra Room: None Floor Covering: Carpet; Ceramic Tile Window Covering: Stay Technology: Cable TV Main Cooling: Central Air Main Heating: Electric; Natural Gas Water Heater: Natural Gas Gas: Natural Sewer: Connected Accessibility Option: None Security: None Pool: None Spa: None Fence: Chain Link Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved Driveway: To Property Line RV Parking: Space Available Exterior Feature: None Lot Features: East/West Exposure Neighborhood Features: None Terms: Cash; Conventional Property Disclosures: None Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
Speedway & Alvernon North to Lee Street West to Winstel South to address

Unit Info

# of Units/Studios
Yes
Avg Mo Rent/Studios
700
# of Units/2 BR
Yes
Avg Mo Rent/2 BR
1240

Unit 1 Information

Monthly Rent
700
# Full Baths
Yes
SqFt
237
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
1240
# Beds
2
# Full Baths
Yes
SqFt
1200
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
7.45
Gross Rent Multi
9.45
Exp/SqFt
4.79
Exp % of Gross
29.6

Income

Gross Scheduled Rent
23280
Adjusted Gross
23280
Total Expenses
6892
Net Opp Income
16388

Expenses

Insurance
1200
Management
2400
Taxes/Assessments
2416
Water/Sewer
876
Figures Presented
Actual

Style

Other
Mid Mod

Kitchen Features

Pantry
Cabinet
Appliance Color
White

Interior Features

Interior Steps
No

Electric

Electric Company
tep

Water

Water Company
Tucson

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Owner
Insurance
Owner
Sewer
Owner
Taxes
Owner
Trash
Owner
Water
Owner

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Submit With Offer

Digital Signatures
Yes

Home Protection

Offered
No
IDX
Listing Office: Old Pueblo Real Estate, LLC
Last Updated: September - 14 - 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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