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2841 N Richey Boulevard, Tucson, AZ 85716

$324,900
Property Type: Multi-Family Square Footage: 1,436 Lot Size (sq. ft.): 7,200 Status: Active
Current Price: $324,900 List Date: 3/27/2026 Last Modified: 8/26/2026

Overview

Description

Fantastic location! Centrally located income property with incredible flexibility and investment potential. This versatile setup features a spacious 2 bedroom, 2 bathroom main home and a detached studio-style guest house complete with a full kitchen and bathroom. Ideal for short term rental, long term rental, multigenerational living, or an owner occupant looking to offset their mortgage with additional income. The property offers strong income potential and separate living spaces that provide privacy and flexibility for tenants or guests. Located in a desirable central Tucson area near shopping, dining, and major transportation routes, this is a rare opportunity to own an income producing property in a high demand location.

Supplements: Whether you are looking to invest, house hack, or expand your portfolio, this property offers the versatility and location to make it a smart addition.

Open Houses

  • Sunday, September 6, 11:00 am - 2:00 pm

Listing Details MLS# 22608134

Address Information

Street #
2841
Direction
N
Street Name
Richey
Suffix
Boulevard
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
111-06-0970
Area
Central
Subdivision
Lincoln Park Subd.

General Property Information

Dwelling Type
Duplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Irregular
Lot Acres
0.17
Lot Sqft
7200
Lot Size Source
Assessor
Combined SqFt
1436
Year Built
1974
Total Parking
4
School District
TUSD
Elementary School
Davidson
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
226.25
Lot Size Price/SqFt
45.13

Property Features

Construction: Frame - Stucco Style: Contemporary Roof: Built-Up; Shingle Living Areas: Great Room; Off Kitchen Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: Area Kitchen Features: Breakfast Bar; Double Sink; Gas Range; Dishwasher Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall Laundry: Laundry Room; Outside Extra Room: Office Interior Features: Beamed Ceilings; Ceiling Fan(s); Vaulted Ceiling(s) Floor Covering: Ceramic Tile Window Covering: Stay Window Features: Double Pane Windows Technology: Cable TV; Telephone Main Cooling: Ceiling Fan(s); Central Air; Wall Unit(s) Main Heating: Heat Pump Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Block; Wood Landscape - Front: Low Care Landscape - Rear: Low Care View: Residential Road Type: Paved RV Parking: Space Available Exterior Feature: Courtyard Lot Features: East/West Exposure Neighborhood Features: None Terms: Cash; Conventional; FHA Loan; VA Loan Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: Lead Based Paint; Seller Prop Disclosure; Insurance Claims History Report Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
Exit 256 to W Grant from I-10 West, Turn left onto N Country Club, Turn right onto E Glenn, turn left onto N Richey Blvd, house is on the left.

Unit 1 Information

Monthly Rent
1800
# Beds
2
# Full Baths
2
SqFt
1116
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
Turnkey
Parking
On Property

Unit 2 Information

Monthly Rent
1155
# Full Baths
Yes
SqFt
320
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
8.3
Gross Rent Multi
9.64
Vacancy Rate %
5
Exp/SqFt
4.67
Exp % of Gross
19.93

Income

Gross Scheduled Rent
35460
Vacancy Loss
1773
Adjusted Gross
33687
Total Expenses
6713
Net Opp Income
26974

Expenses

Insurance
1800
Maintenance Supplies
3000
Taxes/Assessments
1913
Figures Presented
Proforma

Kitchen Features

Countertops
Granite
Microwave
Yes
Oven
Gas

Bathroom Features

Countertops/Primary
Granite
Countertops/Hall
Granite

Interior Features

Interior Steps
No

Electric

Electric Company
TEP

Utilities Paid

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

Driveway

Paved
Gravel

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Submit With Offer

Digital Signatures
Yes

Home Protection

Offered
No
IDX
Listing Office: Realty Executives Arizona Territory
Last Updated: August - 26 - 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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