Communities
Browse by Region Browse by Lifestyle Browse by Property Type All Communities
Search by Price
Under $300K $300K – $400K $400K – $500K $500K – $750K $750K – $1M Luxury $1M+
Search by Feature
Homes with a Pool Community Pool Homes Gated Communities No HOA Homes Horse Properties RV Parking 3 Car Garage Homes with Casitas New Construction Solar Powered Homes Single Story Homes Townhomes Condominiums Near The Loop
Search by Zip Code
Interactive Zip Code Map → 85737 — Oro Valley 85755 — Oro Valley 85739 — Catalina / SaddleBrooke 85658 — Marana 85704 — Northwest Tucson 85705 — Northwest Tucson 85741 — Northwest Tucson 85742 — Northwest Tucson 85718 — Catalina Foothills 85622 — Catalina Foothills 85750 — Northeast Tucson 85715 — East Tucson 85710 — East Tucson 85748 — East Tucson 85749 — Tanque Verde Valley 85701 — Downtown Tucson 85716 — Central Tucson 85719 — Central / UA Area 85711 — Central Tucson 85712 — Central Tucson 85730 — Southeast Tucson 85747 — Southeast Tucson 85706 — South Tucson 85713 — South Tucson 85756 — South Tucson 85743 — Southwest Tucson 85746 — Southwest Tucson 85745 — West Tucson / Starr Pass 85757 — West Tucson 85641 — Vail 85629 — Sahuarita 85614 — Green Valley
55+ & Active Adult
All 55+ Communities SaddleBrooke Ranch SaddleBrooke Sun City Oro Valley Heritage Highlands
More
Blog Market Updates About Contact Resources

409 N Park Avenue, Tucson, AZ 85719

$795,000
Property Type: Multi-Family Square Footage: 2,575 Lot Size (sq. ft.): 4,700 Status: Active
Current Price: $795,000 List Date: 9/28/2026 Last Modified: 10/14/2026

Overview

Description

Exceptional investment opportunity in Tucson's historic Pie Allen neighborhood, ideally located within walking distance of the University of Arizona. This distinctive triplex offers approximately 2,189 total sq ft and three income-producing residences. The main residence features 3 bedrooms, 1 bath, a fireplace, updated flooring, stainless steel appliances and an inviting front porch. The two additional residences each offer 2 bedrooms and 1 bath, for a total of 7 bedrooms and 3 baths. Off-street parking, outdoor space and proximity to dining, recreation and downtown Tucson make this a compelling investment opportunity. Just moments from the U of A Rec Center and stadium, with two bedrooms offering private entrances!

Open Houses

  • Saturday, October 17, 10:00 am - 12:00 pm

Listing Details MLS# 22622933

Address Information

Street #
409
Direction
N
Street Name
Park
Suffix
Avenue
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
124052190
Area
Central
Subdivision
Buells Add

General Property Information

Dwelling Type
Triplex
Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
Irregular
Lot Acres
0.1
Lot Sqft
4700
Lot Size Source
Assessor
Combined SqFt
2575
Year Built
1937
Total Parking
3
School District
TUSD
Elementary School
Roskruge
Middle School
Roskruge Bilingual Magnet
High School
Tucson
Horse Property
No
Horse Facilities
No
List Price/SqFt
308.74
Lot Size Price/SqFt
169.15

Property Features

Construction: Masonry Stucco Style: Southwestern Roof: Shingle Living Areas: Living Room Dining Areas: Dining in LR/GR Dining Room: None Breakfast: None Kitchen Features: Refrigerator Bathroom Features: Shower & Tub/Primary Laundry: Outside Extra Room: None Interior Features: Ceiling Fan(s) Floor Covering: Vinyl Window Covering: Stay Technology: High Speed Internet Main Cooling: Central Air Main Heating: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: None Landscape - Front: None Landscape - Rear: None View: Residential Road Type: Paved Exterior Feature: None Lot Features: East/West Exposure Neighborhood Features: Historic Terms: Cash; Conventional Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Lead Based Paint; Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
From Speedway and i10 head east. Turn S on Euclid Ave, E on 6th St, S on Park Ave to address

Unit Info

# of Units/2 BR
2
Avg Mo Rent/2 BR
1250
# of Units/3 BR
Yes
Avg Mo Rent/3 BR
1800

Unit 1 Information

Monthly Rent
1800
# Beds
3
# Full Baths
Yes
SqFt
1090
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
1250
# Beds
2
# Full Baths
Yes
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 3 Information

Monthly Rent
1250
# Beds
2
# Full Baths
Yes
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
4.99
Gross Rent Multi
14.95
Exp/SqFt
5.23
Exp % of Gross
25.35

Income

Gross Scheduled Rent
53160.04
Adjusted Gross
53160.04
Total Expenses
13474.63
Net Opp Income
39685.41

Expenses

Admin Expenses
31.11
Management
4515.49
Taxes/Assessments
3410.75
Other Expenses
5517.28
Figures Presented
Proforma

Electric

Electric Company
TEP

Utilities Paid

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

Driveway

Paved
Concrete

RV Parking

Other
NO RV PARKING

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Home Protection

Offered
No
IDX
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: October - 14 - 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.

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.