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1622 Venice Avenue, Tucson, AZ 85712

$150,000
Property Type: Multi-Family Square Footage: 1,872 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $150,000 List Date: 6/05/2013 Last Modified: 6/24/2026

Overview

Description

Duplex- 3BR/2BA units- private yard-laundry room,fireplace, and Ample Parking. These are long term tenants in unit #1. EZ rental.Please Make offer Subject to Interior Inspection and Do Not Disturb Tenants. Please Call for an appointment,must give tenants 48hr notice.

Listing Details MLS# 21306727

Address Information

Street #
1622
Street Name
Venice
Suffix
Avenue
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-12-335F
Area
Central
Subdivision
Speedway
Tax Year
2012
Taxes
1235
Assessments
0
Legal Description
Speedway Amended S50' N150' Lot 5 Blk 16
Township
14
Community
None
Range
14
Section
3
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Dwelling Type
Duplex
Lot Dimensions
150x50
Lot Acres
0.14
Lot Sqft
6098
Lot Size Source
Assessor
Combined SqFt
1872
Year Built
1992
List Price/SqFt
80.13
Lot Size Price/SqFt
24.6

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Electric; Forced Air Sewer: Connected Water: Public Security: None Terms: Cash; Conventional; Submit Property Disclosures: Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2013-06-05
Pending Date
2013-05-24
Sold Date
2013-05-28
Sold Price/SqFt
80.13
Lot Sz Sold Prc/SqFt
24.6
How Sold
FHA

More Information

Showing Information

Directions
From Swan and Pima West on Pima to Venice South to Address

Unit Info

# of Units/3 BR
2
Avg Mo Rent/3 BR
750
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/2 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
10.51
Gross Rent Multi
8.57
Vacancy Rate %
2.78
Exp/SqFt
0.93
Exp % of Gross
9.91

Income

Gross Scheduled Rent
18000
Vacancy Loss
500
Adjusted Gross
17500
Total Expenses
1735
Net Opp Income
15765
Other Income
0

Expenses

Insurance
500
Taxes/Assessments
1235
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Maintenance Supplies
0
Management
0
Resident Manager
0
Water/Sewer
0
Other Expenses
0

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Electric
Yes
Forced Air
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Security

None
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Arizona First Properties, LLC
Last Updated: June - 24 - 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 2020 MLS of Southern Arizona. All Rights Reserved.

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