1632 N Louis Lane, Tucson, AZ 85712
$447,000
Property Type:
Multi-Family
Square Footage:
8,318
Status:
Closed
Current Price:
$447,000
List Date:
10/22/2001
Last Modified:
6/24/2026
Overview
Description
Listing Details MLS# 2120868
Address Information
- Street #
- 1632
- Direction
- N
- Street Name
- Louis
- Suffix
- Lane
- State/Province
- AZ
- Zip Code
- 85712
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 122-01-0540
- Area
- Central
- Subdivision
- Unsubdivided
- Tax Year
- 2000
- Taxes
- 4838
- Assessments
- 0
- Legal Description
- E227.75 W1282.75 S135 N300.4 Of Sw1/4 S3 Tr1414
- Township
- 14
- Community
- None
- Range
- 14
- Section
- 3
- Municipality/Zoning
- Pima County - R3
- Fire Protection
- None
General Property Information
- Combined SqFt
- 8318
- Year Built
- 1952
- List Price/SqFt
- 53.74
Property Features
Construction:
Concrete Block
Main Cooling:
Central Air; Evaporative Cooling
Main Heating:
Wall Furnace
Sewer:
Connected
Water:
Public
Security:
None
Terms:
Conventional
Property Disclosures:
Unknown
Sold Info:
Financing
Status Change Info
- Off Market Date
- 2002-01-09
- Pending Date
- 2001-11-05
- Sold Date
- 2002-01-09
- Sold Price/SqFt
- 53.73
- How Sold
- FHA
More Information
Showing Information
- Directions
- Pima & Alvernon E To Louis Lane S To Address
Unit Info
- # of Units/Studios
- Yes
- Avg Mo Rent/Studios
- 350
- # of Units/2 BR
- 11
- Avg Mo Rent/2 BR
- 555
Analysis
- Cap Rate %
- 9.59
- Gross Rent Multi
- 6.36
- Vacancy Rate %
- 2.91
- Exp/SqFt
- 3.29
- Exp % of Gross
- 39
Income
- Gross Scheduled Rent
- 72367
- Vacancy Loss
- 2107
- Adjusted Gross
- 70260
- Total Expenses
- 27401
- Net Opp Income
- 42859
Expenses
- Contract Services
- 22563
- Taxes/Assessments
- 4838
- Figures Presented
- Actual
Interior Features
- Interior Steps
- No
Sold Info
- Est. Closing Date
- 2002-01-09
- Financing
- Yes
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- No
- Master Water Meter
- No
- Package Available
- Yes
Construction
- Concrete Block
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Central Air
- Yes
- Evaporative Cooling
- Yes
Main Heating
- Wall Furnace
- Yes
Terms
- Conventional
- Yes
Security
- None
- Yes
Property Disclosures
- Unknown
- Yes
Listing Office:
Arizona First Properties, LLC
Last Updated: June - 24 - 2026
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