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2226-2232 E 1st, Tucson, AZ 85719

$305,770
Property Type: Multi-Family Square Footage: 4,169 Lot Size (sq. ft.): 15,682 Status: Closed
Current Price: $305,770 List Date: 1/03/2015 Last Modified: 6/24/2026

Overview

Description

Desirable four units in two duplexes close to U of A. Good cash flow. Tiled floors, washers and dryers in each unit. Stable tenants. Also includes Tax code 125-04-1430 Additional two units not habitable and need rehabbed, replaced, or demolished. Could be used for additional parking etc.

Listing Details MLS# 21500200

Address Information

Street #
2226-2232
Direction
E
Street Name
1st
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
125-04-1420
Area
Central
Subdivision
Speedway Heights
Tax Year
2013
Taxes
7368
Assessments
0
Legal Description
Speedway Heights Lot 3 & 4 Block 10
Township
14
Community
Sam Hughes
Range
14
Section
8
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Dwelling Type
Quadruplex
Lot Dimensions
100 X 152.5
Lot Acres
0.36
Lot Sqft
15682
Lot Size Source
Assessor
Combined SqFt
4169
Year Built
1953
List Price/SqFt
83.45
Lot Size Price/SqFt
22.18

Property Features

Construction: Brick Main Cooling: Central Air; Evaporative Cooling Sewer: Connected Water: Public Security: Window Bars Terms: Cash; Conventional; Exchange; Submit Property Disclosures: Lead Based Paint; Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2015-01-22
Pending Date
2015-01-21
Sold Date
2015-02-24
Sold Price/SqFt
73.34
Lot Sz Sold Prc/SqFt
19.5
How Sold
Cash

More Information

Showing Information

Directions
Speedway and Campbell south to 1st Street then east on 1st street to Address

Unit Info

# of Units/1 BR
2
Avg Mo Rent/1 BR
580
# of Units/2 BR
2
Avg Mo Rent/2 BR
650
Avg Mo Rent/Studios
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
6.46
Gross Rent Multi
10.69
Vacancy Rate %
3
Exp/SqFt
2.12
Exp % of Gross
30.93

Income

Gross Scheduled Rent
29500
Vacancy Loss
885
Adjusted Gross
28615
Total Expenses
8852
Net Opp Income
19763
Other Income
0

Expenses

Insurance
1100
Maintenance Supplies
150
Taxes/Assessments
4902
Water/Sewer
2200
Other Expenses
500
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Management
0
Resident Manager
0

Construction

Brick
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes
Submit
Yes

Security

Window Bars
Yes

Property Disclosures

Lead Based Paint
Yes
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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