2123 N Madelyn Avenue, Tucson, AZ 85712
$500,000
Property Type:
Multi-Family
Square Footage:
3,360
Lot Size (sq. ft.):
9,017
Status:
Closed
Current Price:
$500,000
List Date:
3/23/2025
Last Modified:
10/14/2026
Overview
Description
Listing Details MLS# 22508275
Address Information
- Street #
- 2123
- Direction
- N
- Street Name
- Madelyn
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85712
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 122-03-021B
- Area
- Central
- Subdivision
- N/A
General Property Information
- Dwelling Type
- Triplex
- Attached/Detached
- Attached
- Construction Status
- Existing
- Lot Dimensions
- 91x102x90x103
- Lot Acres
- 0.21
- Lot Sqft
- 9017
- Lot Size Source
- Assessor
- Combined SqFt
- 3360
- Year Built
- 1983
- Total Parking
- 6
- School District
- TUSD
- Elementary School
- Wright
- Middle School
- Doolen
- High School
- Catalina
- Horse Property
- No
- Horse Facilities
- No
- List Price/SqFt
- 163.66
- Lot Size Price/SqFt
- 60.98
Property Features
Construction:
Frame - Stucco
Style:
Contemporary
Roof:
Shingle
Living Areas:
Living Room
Dining Areas:
Eat-In Kitchen
Dining Room:
Area
Breakfast:
Area
Kitchen Features:
Electric Range; Dishwasher; Disposal; Refrigerator
Bathroom Features:
Shower & Tub/Primary
Laundry:
Laundry Closet
Extra Room:
Storage
Interior Features:
Ceiling Fan(s); Smoke Detector
Floor Covering:
Carpet; Ceramic Tile
Window Covering:
Stay
Technology:
Cable TV
Main Cooling:
Ceiling Fan(s); Evaporative Cooling; Window Unit(s)
Main Heating:
Natural Gas
Water Heater:
Natural Gas
Gas:
Natural
Sewer:
Connected
Water:
Public
Accessibility Option:
None
Security:
None
Pool:
None
Spa:
None
Fence:
Wood
Landscape - Front:
Low Care
Landscape - Rear:
Low Care
View:
Rural; Mountain(s)
Road Type:
Paved
Exterior Feature:
None
Lot Features:
North/South Exposure
Neighborhood Features:
Lighted
Terms:
Assumption; Cash; Conventional; Owner Carry; Seller Concessions; Submit
Submit With Offer:
Earnest Check; Lender Pre-Approval; Loan Pre-Qualifiaction; On-Site Wastewater; Proof of Funds
Property Disclosures:
Leases; Seller Prop Disclosure; CC&Rs; Insurance Claims History Report
Special Conditions:
None
Contract Information
- Method of Title
- Fee (Simple)
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2025-07-09
- Pending Date
- 2025-07-30
- Sold Date
- 2025-08-01
- Sold Price/SqFt
- 148.81
- Lot Sz Sold Prc/SqFt
- 55.45
- How Sold
- Cash
More Information
Showing Information
- Directions
- Pima/Swan- North, W- Duncan St , S- Madelyn Ave to address
Unit Info
- # of Units/2 BR
- 3
- Avg Mo Rent/3 BR
- 1275
Unit 1 Information
- Monthly Rent
- 1275
- # Beds
- 2
- # Full Baths
- Yes
- # Half Baths
- Yes
- SqFt
- 1120
- Occupancy
- Yes
- Stories
- Two
- Floor
- 1st
- Furnished
- No
- Parking
- Carport
Unit 2 Information
- Monthly Rent
- 1275
- # Beds
- 2
- # Full Baths
- Yes
- # Half Baths
- Yes
- SqFt
- 1120
- Occupancy
- Yes
- Stories
- Two
- Floor
- 1st
- Furnished
- No
- Parking
- Carport
Unit 3 Information
- Monthly Rent
- 1275
- # Beds
- 2
- # Full Baths
- Yes
- # Half Baths
- Yes
- SqFt
- 1120
- Occupancy
- Yes
- Stories
- Two
- Floor
- 1st
- Furnished
- No
Analysis
- Cap Rate %
- 7.46
- Gross Rent Multi
- 10.89
- Exp/SqFt
- 2.56
- Exp % of Gross
- 18.71
Income
- Gross Scheduled Rent
- 45900
- Adjusted Gross
- 45900
- Total Expenses
- 8590
- Net Opp Income
- 37310
Expenses
- Admin Expenses
- 375
- Contract Services
- 300
- Gas/Electric
- 250
- Insurance
- 1200
- Maintenance Supplies
- 250
- Management
- 3000
- Taxes/Assessments
- 2565
- Water/Sewer
- 150
- Other Expenses
- 500
- Figures Presented
- Actual
Kitchen Features
- Pantry
- Cabinet
- Appliance Color
- Black
- Countertops
- corian
- Microwave
- black
Interior Features
- Interior Steps
- Yes
Electric
- Electric Company
- TEP
Utilities Paid
- Cable TV
- Tenant
- Electric
- Tenant
- Gas
- Owner
- Insurance
- Owner
- Landscaping
- Tenant
- Sewer
- Tenant
- Taxes
- Owner
- Trash
- Tenant
- Water
- Tenant
Driveway
- Paved
- Concrete
RV Parking
- Other
- none
Subdivision Restrict
- Age Restrictions
- No
- Deed Restrictions
- Yes
- CC&Rs
- Yes
Terms
- Other
- Wrap around 3.25%
Submit With Offer
- Digital Signatures
- Yes
- Seller Title Company
- Stewart Title
Home Protection
- Offered
- No
Sold Info
- Seller Concessions
- 7500
Listing Office:
Morado Canyon Realty
Last Updated: October - 14 - 2026
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