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3521-3523 E Lee Street, Tucson, AZ 85716

New Listing
$260,000
Property Type: Multi-Family Square Footage: 1,092 Lot Size (sq. ft.): 8,102 Status: Active
Current Price: $260,000 List Date: 6/26/2026 Last Modified: 7/02/2026

Overview

Description

Fantastic investment opportunity! Looking for more units? Owner also selling 4101-4103 N Fremont and will sell as a packaged deal. Each unit offering a functional layout with bright living and dining areas, vaulted ceilings, and tile flooring throughout. Tenants are month to month. The kitchens are equipped with electric ranges & wood cabinetry. Both units enjoy private backyards, perfect for relaxing or hosting BBQs! Plus access to an additional fenced-in area beyond, shaded by mature trees. This extra space provides excellent potential for future enhancements to maximize value. Parking spaces are in front! Close to schools, shopping, dining, parks, & more. This is a solid income-producing property with room to grow. Don't miss out!

Listing Details MLS# 22615912

Address Information

Street #
3521-3523
Direction
E
Street Name
Lee
Suffix
Street
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
122-18-3240
Area
Central
Subdivision
Speedway Park Addition Resub
Comparable Only Listing
No
Tax Year
2025
Taxes
1406.75
Taxes For
Dwelling & Land
Legal Description
From Parcel:001010010 /Speedway Park Resub Blks 4 5 & 12 Lot 14 Blk 2
Township
14
Community
None
Range
14
Section
4
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Duplex
Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
59-133-60-133
Lot Acres
0.19
Lot Sqft
8102
Lot Size Source
Assessor
Combined SqFt
1092
Year Built
1960
Total Parking
4
School District
TUSD
Elementary School
Blenman
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
238.1
Lot Size Price/SqFt
32.09

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: None Kitchen Features: Electric Range; Disposal Bathroom Features: Shower & Tub/Hall Laundry: Laundry Room Extra Room: None Interior Features: Built-in Features; Ceiling Fan(s); Vaulted Ceiling(s) Floor Covering: Ceramic Tile Window Covering: Stay Technology: Cable TV; High Speed Internet; Telephone Main Cooling: Ceiling Fan(s); Evaporative Cooling Main Heating: Wall Furnace Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Accessibility Option: Level Security: Window Bars Pool: None Spa: None Fence: Chain Link Landscape - Front: Decorative Gravel; Low Care; Shrubs Landscape - Rear: Desert Plantings; Grass; Shrubs; Trees View: Residential Road Type: Paved Exterior Feature: None Lot Features: North/South Exposure; Subdivided Neighborhood Features: Paved Street Assoc Amenities: None Terms: Cash; Conventional; FHA Loan; VA Loan Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Deed Restrictions; Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
N County Club Rd & E Pima St. Head east onto E Pima St, Turn right onto N Palo Verde Blvd, Turn left onto E Lee St at the traffic circle. The property will be on the left.

Unit Info

# of Units/1 BR
2

Unit 1 Information

Monthly Rent
733
# Beds
Yes
# Full Baths
Yes
SqFt
546
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
733
# Beds
Yes
# Full Baths
Yes
SqFt
546
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
4.84
Gross Rent Multi
14.79
Exp/SqFt
4.57
Exp % of Gross
28.38
Vacancy Rate %
0

Income

Gross Scheduled Rent
17580
Adjusted Gross
17580
Total Expenses
4989
Net Opp Income
12591
Vacancy Loss
0
Other Income
0

Expenses

Insurance
2000
Management
1582
Taxes/Assessments
1407
Figures Presented
Actual
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Maintenance Supplies
0
Resident Manager
0
Water/Sewer
0
Other Expenses
0

Kitchen Features

Pantry
Cabinet
Appliance Color
White
Countertops
Laminate
Oven
Yes
Electric Range
Yes
Disposal
Yes

Bathroom Features

Countertops/Hall
Solid-surface
Shower & Tub/Hall
Yes

Interior Features

Interior Steps
No
Built-in Features
Yes
Ceiling Fan(s)
Yes
Vaulted Ceiling(s)
Yes

Electric

Electric Company
TEP

Utilities Paid

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

Driveway

Paved
Gravel

RV Parking

Other
None

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Submit With Offer

Digital Signatures
Yes
Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Home Protection

Offered
No

Gas

Natural
Yes

Construction

Slump Block
Yes

Style

Ranch
Yes

Sewer

Connected
Yes

Roof

Built-Up - Reflect
Yes

Water

Public
Yes

Living Areas

Living Room
Yes

Dining Areas

Dining in LR/GR
Yes

Fence

Chain Link
Yes

Dining Room

Area
Yes

View

Residential
Yes

Breakfast

None
Yes

Road Type

Paved
Yes

Road Maintenance

City
Yes

Lot Features

North/South Exposure
Yes
Subdivided
Yes

Main Cooling

Ceiling Fan(s)
Yes
Evaporative Cooling
Yes

Laundry

Laundry Room
Yes

Neighborhood Features

Paved Street
Yes

Main Heating

Wall Furnace
Yes

Extra Room

None
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Terms

Cash
Yes
Conventional
Yes
FHA Loan
Yes
VA Loan
Yes

Floor Covering

Ceramic Tile
Yes

Window Covering

Stay
Yes

Accessibility Option

Level
Yes

Technology

Cable TV
Yes
High Speed Internet
Yes
Telephone
Yes

Special Conditions

None
Yes

Security

Window Bars
Yes

Landscape - Front

Decorative Gravel
Yes
Low Care
Yes
Shrubs
Yes

Landscape - Rear

Desert Plantings
Yes
Grass
Yes
Shrubs
Yes
Trees
Yes

Patio/Deck

Patio
Yes
Paver
Yes
Other
Porch

Pool

None
Yes

Property Disclosures

Deed Restrictions
Yes
Seller Prop Disclosure
Yes

Spa

None
Yes

Exterior Feature

None
Yes

Assoc Amenities

None
Yes
IDX
Listing Office: OMNI Homes International
Last Updated: July - 02 - 2026
Broker Attribution: 520-440-6672

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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