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81 E Laguna Street, Tucson, AZ 85705

New Listing
$275,000
Property Type: Multi-Family Square Footage: 1,526 Lot Size (sq. ft.): 6,034 Status: Active
Current Price: $275,000 List Date: 10/08/2026 Last Modified: 10/08/2026

Overview

Description

Fully leased income property in central Tucson! Built in 2005, this detached duplex offers two single-story units, each with 2 bedrooms, 1 bath and approx. 762 sq ft. Both units are currently occupied, bringing in $2,050/month in rent. Tenants pay electric, gas, water/sewer, trash and cable, keeping owner expenses low. Frame-stucco construction, shingle roof, central A/C with ceiling fans and easy-care ceramic tile floors. Kitchens include a gas range, refrigerator and dishwasher, plus Energy Star appliances. Low-maintenance desert landscaping front and back with on-site parking. Conveniently located just off N Stone Ave near shopping, dining and transit. A great addition to any investment portfolio or a smart first step for a new investor!

Listing Details MLS# 22624541

Address Information

Street #
81
Direction
E
Street Name
Laguna
Suffix
Street
State/Province
AZ
Zip Code
85705
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
107123980
Area
Central
Subdivision
Laguna Terrace Condos Units 1-16 (1-8)

General Property Information

Dwelling Type
Duplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
71 x 84.98
Lot Acres
0.13
Lot Sqft
6034
Lot Size Source
Appraiser
Combined SqFt
1526
Year Built
2005
Total Parking
2
School District
Amphitheater
Elementary School
Keeling
Middle School
Amphitheater
High School
Amphitheater
Horse Property
No
Horse Facilities
No
List Price/SqFt
180.21
Lot Size Price/SqFt
45.58

Property Features

Construction: Frame - Stucco Style: Ranch Roof: Shingle Living Areas: Living Room Dining Areas: Eat-In Kitchen Dining Room: Area Breakfast: Eat-In; None Kitchen Features: Gas Range; Dishwasher; Freezer; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: None Extra Room: None Interior Features: Smoke Detector Floor Covering: Ceramic Tile Window Covering: None Technology: Cable TV Main Cooling: Ceiling Fan(s); Central Air Main Heating: Forced Air Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Green Features: Energy Star Appliance Pool: None Spa: None Fence: None Landscape - Front: Low Care Landscape - Rear: Low Care View: Residential Road Type: Pavers Driveway: Car(s) Pad Exterior Feature: None Lot Features: Subdivided Neighborhood Features: None Assoc Amenities: None Terms: Cash; Conventional; FHA Loan; VA Loan Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction 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
From Stone & Glenn, North on Stone, East on Laguna, proceed to property on the Left.

Unit Info

# of Units/2 BR
2
Avg Mo Rent/2 BR
1025

Unit 1 Information

Monthly Rent
1150
# Beds
2
# Full Baths
Yes
SqFt
762
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
900
# Beds
2
# Full Baths
Yes
SqFt
762
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
7.41
Gross Rent Multi
11.18
Exp/SqFt
2.78
Exp % of Gross
17.22

Income

Gross Scheduled Rent
24600
Adjusted Gross
24600
Total Expenses
4236
Net Opp Income
20364

Expenses

Insurance
700
Management
1968
Taxes/Assessments
1568
Figures Presented
Actual

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

RV Parking

Other
None

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Home Protection

Offered
No
IDX
Listing Office: Keller Williams Integrity First
Last Updated: October - 08 - 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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