2641 N Alvernon Way, Tucson, AZ 85712

$399,000
Property Type: Multi-Family Square Footage: 2,304 Lot Size (sq. ft.): 10,890 Status: Closed
Current Price: $399,000 List Date: 5/13/2021 Last Modified: 6/05/2026

Overview

Description

Fantastic updated Tri-plex in Central Tucson. This cash flow property features a 2Bd/1Ba remodeled SFR front home (864 SQ/Ft) (rents for 940.00) built in 1948 with new double-pane windows, new heat pump, new carpet, updated light fixtures, fresh paint, fireplace, newer kitchen cabinets, stainless appliances, tiled shower surround and a nice sized side yard. Duplex in the back features TWO 2Bed/1 Baths units with new Heat Pumps, water heaters, new appliances, fireplaces, and large private yards –currently rented for 900/month each on 12 Month lease. Secure gated parking with remote and code access, and covered parking. All units are individually metered, have no common walls, and separate laundry rooms with washers and dryers. This is a turn key money winner! Do Not Disturb Tenants!

Listing Details MLS# 22112405

Address Information

Street #
2641
Direction
N
Street Name
Alvernon
Suffix
Way
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
111-08-1890
Area
Central
Subdivision
Catalina Farms Annex
Tax Year
2020
Taxes
2332.44
Assessments
0
Taxes For
Dwelling & Land
Legal Description
Catalina Farms Annex N72' S155' E148.7' N2 Lot 1 Blk 2
Township
13
Community
None
Range
14
Section
22
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Triplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
74' X 148'
Lot Acres
0.25
Lot Sqft
10890
Lot Size Source
Assessor
Combined SqFt
2304
Year Built
1985
Total Parking
5
School District
TUSD
Elementary School
Wright
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
173.18
Lot Size Price/SqFt
36.64

Property Features

Construction: Frame - Stucco Style: Contemporary Roof: Shingle Living Areas: Off Kitchen Dining Areas: Eat-In Kitchen Dining Room: Area Breakfast: None Kitchen Features: Electric Range; Gas Range; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Laundry Room; Dryer Included; Washer Included Extra Room: Storage; None Interior Features: Ceiling Fan(s); Smoke Detector Floor Covering: Carpet; Ceramic Tile Window Covering: Stay Window Features: Double Pane Windows Technology: Cable TV; High Speed Internet Main Cooling: Central Air Main Heating: Heat Pump Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Wrought Iron Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved Exterior Feature: None Lot Features: East/West Exposure Neighborhood Features: Gated Community; None Terms: Cash; Conventional; Exchange Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: None Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2021-05-18
Pending Date
2021-05-24
Sold Date
2021-05-26
Sold Price/SqFt
173.18
Lot Sz Sold Prc/SqFt
36.64
How Sold
Cash

More Information

Showing Information

Directions
Head south on N. Alvernon Way from E. Glenn St. to property on your right.

Unit 1 Information

Monthly Rent
940
# Beds
2
# Full Baths
Yes
SqFt
864
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
Carport

Unit 2 Information

Monthly Rent
900
# Beds
2
# Full Baths
Yes
SqFt
720
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
Carport

Unit 3 Information

Monthly Rent
900
# Beds
2
# Full Baths
Yes
SqFt
720
Occupancy
Yes
Stories
Single
Furnished
No
Parking
Carport

Analysis

Cap Rate %
7.26
Gross Rent Multi
12.14
Exp/SqFt
1.7
Exp % of Gross
11.89
Vacancy Rate %
0

Income

Gross Scheduled Rent
32880
Adjusted Gross
32880
Total Expenses
3911
Net Opp Income
28969
Vacancy Loss
0
Other Income
0

Expenses

Insurance
1160
Maintenance Supplies
500
Taxes/Assessments
2251
Figures Presented
Actual
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Management
0
Resident Manager
0
Water/Sewer
0
Other Expenses
0

Kitchen Features

Appliance Color
Stainless
Electric Range
Yes
Gas Range
Yes
Refrigerator
Yes

Electric

Electric Company
TEP

Utilities Paid

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

Fence

Other
Corrugated Metal
Wrought Iron
Yes

Driveway

Paved
Gravel

RV Parking

Other
None

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Home Protection

Offered
No

Gas

Natural
Yes

Construction

Frame - Stucco
Yes

Style

Contemporary
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Water

Public
Yes

Living Areas

Off Kitchen
Yes

Dining Areas

Eat-In Kitchen
Yes

Dining Room

Area
Yes

View

None
Yes

Breakfast

None
Yes

Road Type

Paved
Yes

Road Maintenance

City
Yes

Lot Features

East/West Exposure
Yes

Main Cooling

Central Air
Yes

Laundry

Laundry Room
Yes
Dryer Included
Yes
Washer Included
Yes

Neighborhood Features

Gated Community
Yes
None
Yes

Main Heating

Heat Pump
Yes

Extra Room

Storage
Yes
None
Yes

Water Heater

Natural Gas
Yes

Association & Fees

HOA
No

Interior Features

Ceiling Fan(s)
Yes
Smoke Detector
Yes

Bathroom Features

Shower & Tub/Hall
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes

Floor Covering

Carpet
Yes
Ceramic Tile
Yes

Submit With Offer

Lender Pre-Approval
Yes
Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Window Covering

Stay
Yes

Accessibility Option

None
Yes

Window Features

Double Pane Windows
Yes

Technology

Cable TV
Yes
High Speed Internet
Yes

Special Conditions

None
Yes

Security

None
Yes

Sold Info

Seller Concessions
0
Seller Paid Repairs
0
Selling Comments
No

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Patio/Deck

None
Yes

Pool

None
Yes

Property Disclosures

None
Yes

Spa

None
Yes

Exterior Feature

None
Yes
IDX
Listing Office: Keller Williams Southern Arizona
Last Updated: June - 05 - 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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