40 E Mills Drive, Tucson, AZ 85705
$490,000
Property Type:
Multi-Family
Square Footage:
3,022
Lot Size (sq. ft.):
9,060
Status:
Closed
Current Price:
$490,000
List Date:
2/14/2025
Last Modified:
11/09/2026
Overview
Description
Listing Details MLS# 22504610
Address Information
- Street #
- 40
- Direction
- E
- Street Name
- Mills
- Suffix
- Drive
- State/Province
- AZ
- Zip Code
- 85705
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 105-12-1950
- Area
- Central
- Subdivision
- Mills Subdivision (1-14)
General Property Information
- Dwelling Type
- Triplex
- Attached/Detached
- Attached
- Construction Status
- Existing
- Lot Dimensions
- 128.00 x 71.90 x 71.90
- Lot Acres
- 0.21
- Lot Sqft
- 9060
- Lot Size Source
- Assessor
- Combined SqFt
- 3022
- Year Built
- 1999
- Total Parking
- 3
- School District
- Amphitheater
- Elementary School
- Rio Vista
- Middle School
- Amphitheater
- High School
- Amphitheater
- Horse Property
- No
- Horse Facilities
- No
- List Price/SqFt
- 160.49
- Lot Size Price/SqFt
- 53.53
Property Features
Construction:
Frame - Stucco
Style:
Modern
Roof:
Tile
Living Areas:
Living Room
Dining Areas:
Eat-In Kitchen
Dining Room:
Area
Breakfast:
None
Kitchen Features:
Double Sink; Electric Range; Dishwasher; Refrigerator
Bathroom Features:
Shower & Tub/Primary; Shower & Tub/Hall
Laundry:
Laundry Closet
Extra Room:
Den
Interior Features:
Walk-In Closet(s)
Floor Covering:
Ceramic Tile
Window Covering:
Some
Technology:
Cable TV
Main Cooling:
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:
Chain Link
Landscape - Front:
Decorative Gravel; Desert Plantings; Shrubs
Landscape - Rear:
None
View:
Residential
Road Type:
Paved
Exterior Feature:
None
Lot Features:
East/West Exposure
Neighborhood Features:
None
Assoc Amenities:
None
Terms:
Cash; Conventional
Submit With Offer:
Dual Agency Consent; Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Written Lender Approval
Property Disclosures:
Seller Prop Disclosure; Insurance Claims History Report
Special Conditions:
None
Contract Information
- Method of Title
- Fee (Simple)
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2025-03-11
- Pending Date
- 2025-04-04
- Sold Date
- 2025-04-17
- Sold Price/SqFt
- 162.14
- Lot Sz Sold Prc/SqFt
- 54.08
- How Sold
- Conventional
More Information
Showing Information
- Directions
- From Limberlost, North on Stone to Mills Drive. West on Mills to property on left
Unit 1 Information
- Monthly Rent
- 1050
- # Beds
- 2
- # Full Baths
- 2
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- Carport
Unit 2 Information
- Monthly Rent
- 1150
- # Beds
- 2
- # Full Baths
- 2
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- Carport
Unit 3 Information
- Monthly Rent
- 1025
- # Beds
- 3
- # Full Baths
- 2
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- Carport
Analysis
- Cap Rate %
- -0.16
- Gross Rent Multi
- 151.94
- Exp/SqFt
- 1.32
- Exp % of Gross
- 123.9
Income
- Gross Scheduled Rent
- 3225
- Adjusted Gross
- 3225
- Total Expenses
- 3995.71
- Net Opp Income
- -770.71
Expenses
- Insurance
- 1680
- Taxes/Assessments
- 2315.71
- Figures Presented
- Actual
Roof
- Other
- Rubberized/flat roof
Extra Room
- Other
- Den in unit 3
Main Cooling
- Other
- a/c unit 1 & 2
Main Heating
- Other
- Unit 3
Electric
- Electric Company
- TEP
Utilities Paid
- Cable TV
- Tenant
- Electric
- Tenant
- Gas
- Tenant
- Insurance
- Owner
- Landscaping
- Tenant
- Sewer
- Tenant
- Taxes
- Owner
- Trash
- Tenant
- Water
- Tenant
Driveway
- Paved
- Gravel
RV Parking
- Other
- none
Subdivision Restrict
- Age Restrictions
- No
- Deed Restrictions
- No
- CC&Rs
- No
Submit With Offer
- Seller Title Company
- Premier Title
Home Protection
- Offered
- No
Sold Info
- Seller Concessions
- 10000
- Seller Paid Repairs
- 6170
Listing Office:
Coldwell Banker Realty
Last Updated: November - 09 - 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.