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248-254 N Melwood Avenue, Tucson, AZ 85745

$620,000
Property Type: Multi-Family Square Footage: 2,976 Lot Size (sq. ft.): 16,988 Status: Closed
Current Price: $620,000 List Date: 8/15/2025 Last Modified: 10/14/2026

Overview

Description

Incredible investment opportunity. This fully remodeled 4plex is a stone's throw from Tucson's thriving downtown and just a 10 minute drive from the University of Arizona. Each unit is 2BR/1BA all have been fully updated with new flooring, new interior and exterior paint, and new ceiling fans. New kitchens with new cabinets, counters, & new GE stainless steel appliances w/ a gas stove. Fully renovated bathrooms w/new vanity sink and new file. All units have yards. Adjacent 4plex is also for sale. This is a chance to pick up a great turnkey rental investment. Units 248, 250 & 252 are leased. DO NOT DISTURB TENANTS. Agent/Owner.

Listing Details MLS# 22521407

Address Information

Street #
248-254
Direction
N
Street Name
Melwood
Suffix
Avenue
State/Province
AZ
Zip Code
85745
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
116-19-185F
Area
West
Subdivision
Menlo Park, Menlo Park Annex & South Menlo Park Amended

General Property Information

Dwelling Type
Quadruplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Irregular
Lot Acres
0.39
Lot Sqft
16988
Lot Size Source
Assessor
Combined SqFt
2976
Year Built
1980
Total Parking
8
School District
TUSD
Elementary School
Maxwell K-8
Middle School
Maxwell K-8
High School
Cholla
Horse Property
No
Horse Facilities
No
List Price/SqFt
218.08
Lot Size Price/SqFt
38.2

Property Features

Construction: Slump Block Style: Ranch Roof: Built-Up - Reflect Living Areas: Living Room Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: Area Kitchen Features: Gas Range; Dishwasher; Disposal Bathroom Features: Shower & Tub/Hall Laundry: Outside Extra Room: None Interior Features: Ceiling Fan(s) Floor Covering: Vinyl Window Covering: None Window Features: Double Pane Windows Technology: Telephone Main Cooling: Central Air Main Heating: Natural Gas Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: Window Bars Pool: None Spa: None Fence: Chain Link Landscape - Front: Low Care Landscape - Rear: Low Care View: Mountain(s) Road Type: Paved Driveway: To Property Line RV Parking: Space Available Exterior Feature: None Lot Features: Corner Lot; North/South Exposure; Subdivided Neighborhood Features: None Terms: Cash; Conventional; FHA Loan; VA Loan Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2025-11-24
Pending Date
2026-01-02
Sold Date
2026-01-06
Sold Price/SqFt
208.33
Lot Sz Sold Prc/SqFt
36.5
How Sold
Conventional

More Information

Showing Information

Directions
l-10/Congress St-West on Congress St. Right on Melwood Ave, duplexes are on your right - corner Melwood Ave/Park Rd.

Unit Info

# of Units/2 BR
4
Avg Mo Rent/2 BR
1200

Unit 1 Information

Monthly Rent
1200
# Beds
2
# Full Baths
Yes
SqFt
744
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
1200
# Beds
2
# Full Baths
Yes
SqFt
744
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 3 Information

Monthly Rent
1200
# Beds
2
# Full Baths
Yes
SqFt
744
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 4 Information

Monthly Rent
1200
# Beds
2
# Full Baths
Yes
SqFt
744
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Expenses

Figures Presented
Proforma

Kitchen Features

Appliance Color
Stainless
Countertops
Laminate
Microwave
OTR

Bathroom Features

Countertops/Hall
Cultured Marble

Laundry

Other
Elec Dryer Hookup

Interior Features

Interior Steps
No

Main Heating

Other
Furnace Split System

Electric

Electric Company
TEP

Security

Other
Front Security Door

Utilities Paid

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

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Home Protection

Offered
No
IDX
Listing Office: KMS Realty
Last Updated: October - 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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