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723 - 727 N 2nd Avenue, Tucson, AZ 85705
$406,500
Property Type:
Multi-Family
Square Footage:
2,973
Lot Size (sq. ft.):
48
Status:
Closed
Current Price:
$406,500
List Date:
6/11/2018
Last Modified:
4/22/2026
Overview
Description
Listing Details MLS# 21816369
Address Information
- Street #
- 723 - 727
- Direction
- N
- Street Name
- 2nd
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85705
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 117-03-3410
- Area
- Central
- Subdivision
- Tucson
- Comparable Only Listing
- Yes
- Tax Year
- 2017
- Taxes
- 3870.28
- Assessments
- 0
- Taxes For
- Dwelling & Land
- Legal Description
- Tucson Lot 8 Blk 43
- Township
- 14
- Community
- None
- Range
- 13
- Section
- 12
- Municipality/Zoning
- Tucson - HR2
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Dwelling Type
- Quadruplex
- Attached/Detached
- Detached
- Construction Status
- Existing
- Lot Dimensions
- 50 X 184.8 X50 X 184.8
- Lot Acres
- 0.21
- Lot Sqft
- 9240
- Lot Size Source
- Assessor
- Combined SqFt
- 2973
- Year Built
- 1907
- Total Parking
- 5
- School District
- TUSD
- Elementary School
- Roskruge
- Middle School
- Mansfeld
- High School
- Tucson
- Horse Property
- No
- Horse Facilities
- No
- List Price/SqFt
- 151.36
- Lot Size Price/SqFt
- 48.7
Property Features
Construction:
Brick; Stucco Finish
Style:
Bungalow
Roof:
Shingle
Living Areas:
Living Room
Dining Areas:
Dining in LR/GR
Dining Room:
Area
Breakfast:
None
Kitchen Features:
Gas Range; Dishwasher; Refrigerator
Bathroom Features:
Shower & Tub/Hall
Extra Room:
Storage
Interior Features:
Ceiling Fan(s); Smoke Detector
Floor Covering:
Ceramic Tile; Vinyl; Wood
Window Covering:
Some
Technology:
High Speed Internet
Main Cooling:
Zoned
Main Heating:
Electric; Zoned
Water Heater:
Electric; Natural Gas
Gas:
Natural
Sewer:
Connected
Water:
Public
Accessibility Option:
None
Security:
Window Bars
Pool:
None
Spa:
None
Fence:
Wood; Wrought Iron
Landscape - Front:
Shrubs; Trees
Landscape - Rear:
Shrubs; Trees
View:
Residential
Road Type:
Paved
Driveway:
Car(s) Pad
Exterior Feature:
Courtyard
Lot Features:
Adjacent to Alley; North/South Exposure
Neighborhood Features:
Historic; Paved Street
Terms:
Cash
Submit With Offer:
Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures:
Lead Based Paint; 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
- 2018-06-19
- Pending Date
- 2018-07-27
- Sold Date
- 2018-07-27
- Sold Price/SqFt
- 136.73
- Lot Sz Sold Prc/SqFt
- 43.99
- How Sold
- Cash
More Information
Showing Information
- Directions
- University / Euclid. west on University to 2nd Ave. South to address.
Unit Info
- # of Units/1 BR
- 3
- Avg Mo Rent/1 BR
- 770
- # of Units/2 BR
- Yes
- Avg Mo Rent/2 BR
- 1000
Unit 1 Information
- Monthly Rent
- 775
- # Beds
- Yes
- # Full Baths
- Yes
- SqFt
- 750
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- On Property
Unit 2 Information
- Monthly Rent
- 850
- # Beds
- Yes
- # Full Baths
- Yes
- SqFt
- 816
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- On Property
Unit 3 Information
- Monthly Rent
- 1000
- # Beds
- 2
- # Full Baths
- 2
- SqFt
- 616
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- On Property
Unit 4 Information
- Monthly Rent
- 675
- # Beds
- Yes
- # Full Baths
- Yes
- SqFt
- 790
- Occupancy
- Yes
- Stories
- Single
- Floor
- 1st
- Furnished
- No
- Parking
- On Property
Analysis
- Cap Rate %
- 6.59
- Gross Rent Multi
- 9.95
- Exp/SqFt
- 4.74
- Exp % of Gross
- 34.47
- Vacancy Rate %
- 0
Income
- Gross Scheduled Rent
- 39600
- Other Income
- 1260
- Adjusted Gross
- 40860
- Total Expenses
- 14086
- Net Opp Income
- 26774
- Vacancy Loss
- 0
Expenses
- Insurance
- 1956
- Management
- 5160
- Taxes/Assessments
- 3870
- Water/Sewer
- 1600
- Other Expenses
- 1500
- Figures Presented
- Proforma
- Admin Expenses
- 0
- Capital Expenses
- 0
- Contract Services
- 0
- Gas/Electric
- 0
- Maintenance Supplies
- 0
- Resident Manager
- 0
Laundry
- Other
- 3 units have w/d
Electric
- Electric Company
- TEP
Security
- Other
- Security Doors
- Window Bars
- Yes
Utilities Paid
- Cable TV
- Tenant
- Electric
- Tenant
- Gas
- Tenant
- Insurance
- Owner
- Sewer
- Owner
- Taxes
- Owner
- Trash
- Owner
- Water
- Owner
RV Parking
- Other
- none
Neighborhood Features
- Green Valley Rec
- No
- Historic
- Yes
- Paved Street
- Yes
Subdivision Restrict
- Age Restrictions
- No
- Deed Restrictions
- Yes
- CC&Rs
- No
Submit With Offer
- Digital Signatures
- Yes
- Income Property Addendum
- Yes
- Loan Pre-Qualifiaction
- Yes
- Proof of Funds
- Yes
Home Protection
- Offered
- No
Gas
- Natural
- Yes
Construction
- Brick
- Yes
- Stucco Finish
- Yes
Style
- Bungalow
- Yes
Sewer
- Connected
- Yes
Roof
- Shingle
- Yes
Water
- Public
- Yes
Living Areas
- Living Room
- Yes
Dining Areas
- Dining in LR/GR
- Yes
Fence
- Wood
- Yes
- Wrought Iron
- Yes
Dining Room
- Area
- Yes
View
- Residential
- Yes
Breakfast
- None
- Yes
Road Type
- Paved
- Yes
Kitchen Features
- Gas Range
- Yes
- Dishwasher
- Yes
- Refrigerator
- Yes
Road Maintenance
- City
- Yes
Lot Features
- Adjacent to Alley
- Yes
- North/South Exposure
- Yes
Main Cooling
- Zoned
- Yes
Main Heating
- Electric
- Yes
- Zoned
- Yes
Extra Room
- Storage
- Yes
Water Heater
- Electric
- Yes
- Natural Gas
- Yes
Association & Fees
- HOA
- No
Interior Features
- Ceiling Fan(s)
- Yes
- Smoke Detector
- Yes
Bathroom Features
- Shower & Tub/Hall
- Yes
Terms
- Cash
- Yes
Floor Covering
- Ceramic Tile
- Yes
- Vinyl
- Yes
- Wood
- Yes
Window Covering
- Some
- Yes
Accessibility Option
- None
- Yes
Technology
- High Speed Internet
- Yes
Sold Info
- Seller Concessions
- 0
- Seller Paid Repairs
- 0
Landscape - Front
- Shrubs
- Yes
- Trees
- Yes
Landscape - Rear
- Shrubs
- Yes
- Trees
- Yes
Patio/Deck
- Patio
- Yes
Pool
- None
- Yes
Property Disclosures
- Insurance Claims History Report
- Yes
- Lead Based Paint
- Yes
- Seller Prop Disclosure
- Yes
Spa
- None
- Yes
Special Conditions
- None
- Yes
Driveway
- Car(s) Pad
- Yes
Exterior Feature
- Courtyard
- Yes
Documents
Listing Office:
Tierra Antigua Realty
Last Updated: April - 22 - 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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