521 E University Boulevard, Tucson, AZ 85705 (MLS# 22109650)

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521 E University Boulevard, Tucson, AZ 85705

$530,000

Art Deco. 5 extensively remodeled units located on University Blvd is listed on the National Register of Historic Places.

Rear of building. Private yard, off street parking.

Property Type: Multi-Family Square Footage: 1,831 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $530,000 List Date: 4/14/2021 Last Modified: 6/05/2026

Overview

Description

See other amazing properties for sale 10th & Mountain (MLS 22108771) and Adams Court on Adams St. (MLS 22108774). The Art Deco building is one of the few Art Deco structures from the 1920's that remain in Tucson. It is listed on the National Register of Historic Places and is located in the historic West University Neighborhood. The buildings outstanding location is only five blocks to the main entrance to the University of Arizona, close to downtown, and on the streetcar line and a major bicycle route. The five apartments are all uniquely different from one another each with 12-foot ceilings and upgraded kitchens and bathrooms. Exterior was replastered and repainted. Upgraded electric service and HVAC systems. See the improvement list in attached documents. Unsure of sqft per unit.

Listing Details MLS# 22109650

Address Information

Street #: 521
Direction: E
Street Name: University
Suffix: Boulevard
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 117-03-0310
Area: Central
Subdivision: Tucson
Comparable Only Listing: No
Tax Year: 2020
Taxes: 4121.34
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: Tucson Lot 13 Blk 24
Township: 14
Community: None
Range: 13
Section: 12
Municipality/Zoning: Tucson - HR3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 60'x128' +/-
Lot Acres: 0.18
Lot Sqft: 7841
Lot Size Source: Assessor
Combined SqFt: 1831
Year Built: 1923
Total Parking: 5
School District: TUSD
Elementary School: Roskruge
Middle School: Mansfeld
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 314.04
Lot Size Price/SqFt: 73.33

Property Features

Construction: Masonry Stucco Style: Bungalow Roof: Built-Up - Reflect Living Areas: Living Room Dining Areas: Breakfast Nook Dining Room: Area Breakfast: Area Kitchen Features: Gas Range; Refrigerator Bathroom Features: None Laundry: Laundry Room Extra Room: None Interior Features: Smoke Detector Floor Covering: Ceramic Tile; Wood Window Covering: Stay Technology: High Speed Internet Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Block Landscape - Front: Desert Plantings Landscape - Rear: Desert Plantings View: None Road Type: Paved Exterior Feature: Courtyard Lot Features: North/South Exposure Neighborhood Features: None Terms: Cash; Conventional; Owner Carry Submit With Offer: Earnest Check; Proof of Funds Property Disclosures: Lead Based Paint; Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Distressed Info: None

Status Change Info

Off Market Date: 2021-04-17
Pending Date: 2021-05-06
Sold Date: 2021-05-18
Sold Price/SqFt: 289.46
Lot Sz Sold Prc/SqFt: 67.59
How Sold: Cash

More Information

Showing Information

Directions: S on Euclid from Speedway, W on University Blvd to address. Property is located at NW Corner of University Blvd and Bean Ave.

Unit Info

# of Units/Studios: 3
Avg Mo Rent/Studios: 760
# of Units/1 BR: 2
Avg Mo Rent/1 BR: 825

Unit 1 Information

Monthly Rent: 760
# Full Baths: Yes
SqFt: 400
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 2 Information

Monthly Rent: 760
# Full Baths: Yes
SqFt: 400
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 3 Information

Monthly Rent: 825
# Beds: Yes
# Full Baths: Yes
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property

Unit 4 Information

Monthly Rent: 825
# Beds: Yes
# Full Baths: Yes
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Analysis

Cap Rate %: 5.67
Gross Rent Multi: 11.22
Exp/SqFt: 9.38
Exp % of Gross: 36.37
Vacancy Rate %: 0

Income

Gross Scheduled Rent: 47220
Adjusted Gross: 47220
Total Expenses: 17172
Net Opp Income: 30048
Vacancy Loss: 0
Other Income: 0

Expenses

Contract Services: 2028
Gas/Electric: 3938
Insurance: 909
Maintenance Supplies: 2500
Management: 2500
Taxes/Assessments: 4121
Water/Sewer: 1176
Figures Presented: Proforma
Admin Expenses: 0
Capital Expenses: 0
Resident Manager: 0
Other Expenses: 0

Electric

Electric Company: TEP

Utilities Paid

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

Driveway

Paved: Asphalt

RV Parking

Other: none

Subdivision Restrict

Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes

Submit With Offer

Digital Signatures: Yes
Earnest Check: Yes
Proof of Funds: Yes

Home Protection

Offered: No

Gas

Natural: Yes

Construction

Masonry Stucco: Yes

Style

Bungalow: Yes

Sewer

Connected: Yes

Roof

Built-Up - Reflect: Yes

Water

Public: Yes

Living Areas

Living Room: Yes

Dining Areas

Breakfast Nook: Yes

Fence

Block: Yes

Dining Room

Area: Yes

View

None: Yes

Breakfast

Area: Yes

Road Type

Paved: Yes

Kitchen Features

Gas Range: Yes
Refrigerator: Yes

Road Maintenance

City: Yes

Lot Features

North/South Exposure: Yes

Main Cooling

Central Air: Yes

Laundry

Laundry Room: Yes

Neighborhood Features

None: Yes

Main Heating

Forced Air: Yes
Natural Gas: Yes

Extra Room

None: Yes

Water Heater

Natural Gas: Yes

Association & Fees

HOA: No

Interior Features

Smoke Detector: Yes

Bathroom Features

None: Yes

Terms

Cash: Yes
Conventional: Yes
Owner Carry: Yes

Floor Covering

Ceramic Tile: Yes
Wood: Yes

Window Covering

Stay: Yes

Accessibility Option

None: Yes

Technology

High Speed Internet: Yes

Special Conditions

None: Yes

Security

None: Yes

Sold Info

Seller Concessions: 0

Landscape - Front

Desert Plantings: Yes

Landscape - Rear

Desert Plantings: Yes

Patio/Deck

Patio: Yes

Pool

None: Yes

Property Disclosures

Lead Based Paint: Yes
Seller Prop Disclosure: Yes

Spa

None: Yes

Exterior Feature

Courtyard: Yes

Documents

Listing Office: Long Realty Company

Last Updated: June - 05 - 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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