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3932 N Park Avenue

Tucson, AZ 85719
  • $800,000
  • STATUS: Active
  • ID#: 22505751
UPDATED: 72 min ago
$800,000
  • 6
    BEDS
  • 0.39
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,960
    SQFT
  • $270
    $/SQFT
Neighborhood:
Unsubdivided
Type:
Multi-Family
Built:
1960
County:
Pima
Area:
Central

School Information

Elementary School:
Holaway
Middle School:
Amphitheater
High School:
Amphitheater
School District:
Amphitheater
School Ratings & Info
Courtesy of Keller Williams Realty Sonoran.

Description

This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards along with potential ad-ons. Its charming curb appeal and low maintenance design makes this a great option for many investors.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2025-04-20T11:07:37.347.
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 Keller Williams Southern Arizona are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.ascentreteam.com/homes/160889905
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3932 N Park Avenue Tucson, AZ 85719

  • Price: $800,000
  • Status: Active
  • On Site: Days
  • Updated: 72 min ago
  • ID#: 22505751
6
Beds
4
Baths
0
½ Baths
0.39
Acres
2,960
SQFT
$270
$/SQFT
1960
Built
Neighborhood:
Unsubdivided
County:
Pima
Area:
Central
Elementary School:
Holaway
Middle School:
Amphitheater
High School:
Amphitheater
School District:
Amphitheater
Property Description
This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards along with potential ad-ons. Its charming curb appeal and low maintenance design makes this a great option for many investors.
Exterior Features

Construction BrickBurnt Adobe Exterior Feature Courtyard Fence BlockWood Landscape Front Desert PlantingsLow CareNatural Desert Landscape Rear Decorative GravelDesert PlantingsLow CareNatural Desert Patio Deck Covered Pool None Road Type Paved Roof Built-UpBuilt-Up - Reflect Rv Parking Space Available Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property Unit4 Information Parking On Property View Mountain(s)

Interior Features

Bathroom Features Shower & Tub/Hall Breakfast None Dining Areas Breakfast Bar Dining Room Area Driveway Car(s) Pad Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(s)Dual Pane WindowsSmoke Detector Kitchen Features Refrigerator Living Areas Off Kitchen Main Cooling Ceiling Fan(s)Central Air Main Heating Electric Technology Cable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 707 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 828 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 6.70 Analysis Exp Percent Of Gross 13.98 Analysis Exp Sqft 2.94 Analysis Gross Rent Multi 12.85 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities Maintenance Association And Fees Hoa No Attached Detached Attached Community None Country USA Distressed Info None Dwelling Type 4 Plex Electric Electric Company TEP Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 1300.00 Expenses Maintenance Supplies 1500.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2607.00 Expenses Water Sewer 3300.00 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 62280.00 Income Gross Scheduled Rent 62280.00 Income Net Opp Income 53573.00 Income Other Income 0.00 Income Total Expenses 8707.00 Income Vacancy Loss 0.00 Lot Dimensions Irregular Lot Features Corner LotEast/West Exposure Lot Size Source Assessor Lot Sqft 16833.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Sidewalks Property Disclosures Insurance Claims History ReportSeller Prop Disclosure Road Maintenance City Section 30 Security None Sewer Connected Special Conditions None Style Ranch Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2024 Taxes 2715.00 Taxes For Dwelling & Land Terms ConventionalOwner Carry Total Parking 8 Township 13 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1195 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1195 Unit2 Information Stories Single Unit3 Information Monthly Rent 1400 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 1400 Unit4 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Owner Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Owner Water City Water

Listing provided by Keller Williams Realty Sonoran: (480) 948-3338. Listing information © 2025 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2025-04-20T11:07:37.347.
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 Keller Williams Southern Arizona are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Keller Williams Southern Arizona
1730 E River Rd # 200
Tucson AZ, 85718
Courtesy of Keller Williams Realty Sonoran.