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4016 E Fairmount Street

Tucson, AZ 85712
  • $399,999
  • STATUS: Active
  • ID#: 22503978
UPDATED: 80 min ago
$399,999
  • 4
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,992
    SQFT
  • $201
    $/SQFT
Neighborhood:
Speedway Addition No. 1
Type:
Multi-Family
Built:
1971
County:
Pima
Area:
Central

School Information

Elementary School:
Wright
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
School Ratings & Info
Courtesy of Homesmart Advantage Group.

Description

Turnkey Duplex Investment in Prime Central Location!
Investor-ready and income-generating, this well-maintained duplex is perfect for owner occupancy or rental income. This charming duplex in the heart of Tucson offers the perfect blend of comfortable living and smart investment. Each unit features 2 bedrooms, 2 bathrooms, with spacious living areas, bedrooms and kitchen. Major upgrades have recently been completed, including a new roof, HVAC systems, water heater, + more. Minimizing maintenance concerns and maximizing ROI. One unit includes a private, resurfaced pool with a brand-new pump, offering premium rental appeal or the option to share between units for added value. Located in a small, quiet & well-kept community, this property includes

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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: 2025-04-20T10:07:54.907.
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/160175822
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4016 E Fairmount Street Tucson, AZ 85712

  • Price: $399,999
  • Status: Active
  • On Site: Days
  • Updated: 80 min ago
  • ID#: 22503978
4
Beds
3
Baths
0
½ Baths
0.21
Acres
1,992
SQFT
$201
$/SQFT
1971
Built
Neighborhood:
Speedway Addition No. 1
County:
Pima
Area:
Central
Elementary School:
Wright
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
Property Description
Turnkey Duplex Investment in Prime Central Location!
Investor-ready and income-generating, this well-maintained duplex is perfect for owner occupancy or rental income. This charming duplex in the heart of Tucson offers the perfect blend of comfortable living and smart investment. Each unit features 2 bedrooms, 2 bathrooms, with spacious living areas, bedrooms and kitchen. Major upgrades have recently been completed, including a new roof, HVAC systems, water heater, + more. Minimizing maintenance concerns and maximizing ROI. One unit includes a private, resurfaced pool with a brand-new pump, offering premium rental appeal or the option to share between units for added value. Located in a small, quiet & well-kept community, this property includes
Exterior Features

Construction Slump Block Driveway Paved Asphalt Exterior Feature None Fence Chain LinkWood Landscape Front Low CareNone Landscape Rear Low Care Patio Deck CoveredPatio Pool Community Road Type Paved Roof Built-Up - Reflect Rv Parking Space Available Spa None Unit1 Information Parking Carport Unit2 Information Parking Carport View None

Interior Features

Bathroom Features Shower & Tub/HallShower Only/Primary Breakfast None Dining Areas Breakfast BarEat-In Kitchen Dining Room Area Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(s)Dual Pane Windows Interior Features Interior Steps No Kitchen Features Breakfast BarDishwasherElectric RangeRefrigerator Laundry Outside Living Areas Living RoomOff Kitchen Main Cooling Ceiling Fan(s)Central Air Main Heating Forced Air Technology Cable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 1 Unit1 Information Sqft 1000 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 992 Water Heater Natural Gas

Property Features

Accessibility Option Level Analysis Cap Rate Percent 5.41 Analysis Exp Percent Of Gross 19.80 Analysis Exp Sqft 2.68 Analysis Gross Rent Multi 14.81 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country USA Distressed Info None Dwelling Type 2 Plex Electric Electric Company TEP Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 1758.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1920.00 Expenses Water Sewer 1668.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 27000.00 Income Gross Scheduled Rent 27000.00 Income Net Opp Income 21654.00 Income Other Income 0.00 Income Total Expenses 5346.00 Income Vacancy Loss 0.00 Lot Dimensions 60x150 Lot Features Cul-De-SacEast/West Exposure Lot Size Source Assessor Lot Sqft 9000.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features None Property Disclosures Lead Based Paint Road Maintenance City Section 3 Security Window Bars Sewer Connected Special Conditions None Style Southwestern Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2024 Taxes 1920.05 Taxes For Dwelling & Land Terms CashConventionalFHA LoanSubmitVA Loan Total Parking 4 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1450 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1200 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Pool Spa Maintenance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Homesmart Advantage Group: (520) 495-4740. 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: 2025-04-20T10:07:54.907.
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 Homesmart Advantage Group.