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512 N Cherokee Avenue, Tucson, AZ 85745

$424,900
Property Type: Multi-Family Square Footage: 1,877 Lot Size (sq. ft.): 6,731 Status: Active
Current Price: $424,900 List Date: 8/21/2026 Last Modified: 8/25/2026

Overview

Description

Great investment opportunity in one of Tucson's established historic neighborhoods! Built in 2024, this attached duplex offers approximately 1,882 sq ft of combined living space on a 0.18-acre lot, along with features you don't always find in multifamily properties. Unit 1 features 3 bedrooms and 2 bathrooms, while Unit 2 offers a bright, open-concept 2-bedroom, 1-bath layout with tile flooring throughout. Both units are separately metered and include dishwashers, washer/dryer hookups, and two dedicated parking spaces. Unit 2 also features a landscaped backyard with turf, decorative rock, and a storage shed, providing a private, low-maintenance outdoor space.

Supplements: Conveniently located in Barrio Hollywood, just minutes from Downtown Tucson, St. Mary's Hospital, shopping, dining, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this newer multifamily property offers flexibility and modern conveniences in a central Tucson location ...

Listing Details MLS# 22620326

Address Information

Street #
512
Direction
N
Street Name
Cherokee
Suffix
Avenue
State/Province
AZ
Zip Code
85745
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
116-12-474B
Area
West
Subdivision
El Rio Park

General Property Information

Dwelling Type
Duplex
Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
446 x 100
Lot Acres
0.15
Lot Sqft
6731
Lot Size Source
Assessor
Combined SqFt
1877
Year Built
2022
Total Parking
4
School District
TUSD
Elementary School
Manzo
Middle School
Maxwell K-8
High School
Tucson
Horse Property
No
Horse Facilities
No
List Price/SqFt
226.37
Lot Size Price/SqFt
63.13

Property Features

Construction: Frame - Stucco Style: Contemporary Roof: Tile Living Areas: Great Room Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: Area Kitchen Features: Electric Range; Dishwasher; Disposal; Refrigerator Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall Laundry: Laundry Closet Extra Room: None Interior Features: Ceiling Fan(s); Smoke Detector; Walk-In Closet(s) Floor Covering: Ceramic Tile Window Covering: Stay Technology: High Speed Internet Main Cooling: Ceiling Fan(s); Central Air Main Heating: Heat Pump Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Wood Landscape - Front: Decorative Gravel; Low Care Landscape - Rear: Decorative Gravel; Low Care View: Residential Road Type: Paved Exterior Feature: Shed(s) Lot Features: East/West Exposure; Subdivided Neighborhood Features: None Terms: Cash; Conventional; FHA Loan; VA Loan Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: 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
I-10/St Marys Rd-West on St Marys Rd. R on Cherokee Ave. Address on R.

Unit Info

# of Units/2 BR
Yes
Avg Mo Rent/2 BR
1350
# of Units/3 BR
Yes
Avg Mo Rent/3 BR
1500

Unit 1 Information

Monthly Rent
1500
# Beds
3
# Full Baths
2
SqFt
1079
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
1350
# Beds
2
# Full Baths
Yes
SqFt
803
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
6.38
Gross Rent Multi
12.42
Exp/SqFt
3.78
Exp % of Gross
20.76

Income

Gross Scheduled Rent
34200
Adjusted Gross
34200
Total Expenses
7101
Net Opp Income
27099

Expenses

Admin Expenses
360
Insurance
666
Management
3420
Taxes/Assessments
2655
Figures Presented
Actual

Kitchen Features

Countertops
Granite

Interior Features

Interior Steps
No

Electric

Electric Company
TEP

Utilities Paid

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

Landscape - Rear

Other
Turf

Driveway

Paved
Gravel

RV Parking

Other
None

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Home Protection

Offered
No
IDX
Listing Office: Realty One Group Integrity
Last Updated: August - 25 - 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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