3349 E Fairmount Street, Tucson, AZ 85716

$206,000
Property Type: Multi-Family Square Footage: 2,500 Lot Size (sq. ft.): 23 Status: Closed
Current Price: $206,000 List Date: 7/24/2014 Last Modified: 4/22/2026

Overview

Description

located near Blenman Elm neighborhood is a wonderful 4 plex investment property. Beam ceilings, tile floors. 3 charming 1 bedroom units and a wonderful 2 bedroom, 1 1/2 BA unit with it's own laundry. Many upgrades have been done. New sewer and water line, upgraded electric. All have private yards. a large 9x20 storage room is part of the complex. The unit which is 2 bedroom 1 1/2 bath with office could be rented for more. All units have window A/C except unit 5.

Listing Details MLS# 21420622

Address Information

Street #
3349
Direction
E
Street Name
Fairmount
Suffix
Street
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-17-1500
Area
Central
Subdivision
Morning View
Tax Year
2013
Taxes
2634.56
Assessments
0
Legal Description
Morning View tracts W2 S149' LOT 2 BLK 10
Township
14
Community
None
Range
14
Section
4
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes

General Property Information

Dwelling Type
Quadruplex
Lot Dimensions
60 x 149 x 60 X 149
Lot Acres
0.21
Lot Sqft
8940
Lot Size Source
Assessor
Combined SqFt
2500
Year Built
1952
List Price/SqFt
84
Lot Size Price/SqFt
23.49

Property Features

Construction: Slump Block Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s) Main Heating: Wall Furnace Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Military Airport Vct

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2014-07-28
Pending Date
2014-08-13
Sold Date
2014-08-22
Sold Price/SqFt
82.4
Lot Sz Sold Prc/SqFt
23.04
How Sold
Cash

More Information

Showing Information

Directions
From Speedway/Country Club. North on Country Club to Fairmount. East on Fairmount to address.

Unit Info

# of Units/1 BR
3
Avg Mo Rent/1 BR
500
# of Units/2 BR
Yes
Avg Mo Rent/2 BR
600
Avg Mo Rent/Studios
0
Avg Mo Rent/3 BR
0
Avg Mo Rent/Other
0

Analysis

Cap Rate %
8.95
Gross Rent Multi
8.17
Exp/SqFt
2.71
Exp % of Gross
26.86
Vacancy Rate %
0

Income

Gross Scheduled Rent
25200
Adjusted Gross
25200
Total Expenses
6768
Net Opp Income
18432
Vacancy Loss
0
Other Income
0

Expenses

Insurance
773
Maintenance Supplies
1200
Taxes/Assessments
2635
Water/Sewer
2160
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Management
0
Resident Manager
0
Other Expenses
0

Miscellaneous

Master Water Meter
Yes

Construction

Slump Block
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes
Wall Unit(s)
Yes

Main Heating

Wall Furnace
Yes

Terms

Cash
Yes
Conventional
Yes

Security

None
Yes

Property Disclosures

Military Airport Vct
Yes
IDX
Listing Office: Tierra Antigua Realty
Last Updated: April - 22 - 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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