1415 S Highland Avenue, Tucson, AZ 85713
$497,000
Property Type:
Multi-Family
Square Footage:
2,650
Lot Size (sq. ft.):
43
Status:
Closed
Current Price:
$497,000
List Date:
7/16/2024
Last Modified:
2/25/2026
Description
Fully Occupied Multi Family Income Property in Tucson Az. Two duplexes; single story buildings on one lot. Units are 2 bedroom 1 bath with tile floors, tile tub surrounds, washer dryer hookups, air conditioning, fenced yards, covered parking, and individually metered for water, gas, electric; tenants pay all utilities. Conveniently located near Tucson Marketplace (Costco, Walmart, Cinemark, National Corporate Offices), close to downtown and the University, with easy access to Interstate 10. Do not disturb tenants. Tenant rights and leases prevail; please review Arizona Residential Landlord Tenant Act. Showings scheduled for parties to an accepted offer. Gross Monthly Income over $4K. Submit prequalification of loan documents and/or bank proof of funds with offer.
More Information MLS# 22417538
Address Information
Country: USA
Street #: 1415
Direction: S
Street Name: Highland
Suffix: Avenue
State/Province: AZ
Zip Code: 85713
County: Pima
Location, Tax & Legal
Tax Year: 2023
Taxes: 1205.06
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: KINGS HIGHWAY AMENDED LOTS 6 & 7 BLK 11
Township: 14
Community: None
Range: 14
Section: 19
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: TBD
Municipal Flood Zone: TBD
Tax Code: 129-10-117D
Area: South
Subdivision: Kings Highway Amd
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $497,000
Sold Price: $497,000
Listing Date: 2024-07-16
Status: Closed
Status Change Info
Off Market Date: 2026-02-25
Sold Price/SqFt: 187.55
Lot Sz Sold Prc/SqFt: 39.34
How Sold: Conventional
Pending Date: 2026-01-09
Sold Date: 2026-02-25
Sold Price: $497,000
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: irregular
Lot Acres: 0.29
Total Parking: 8
Lot Sqft: 12632
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Borton
Middle School: Safford K-8 Magnet
High School: Tucson
Horse Facilities: No
List Price/SqFt: 207.55
Lot Size Price/SqFt: 43.54
Combined SqFt: 2650
Year Built: 1980
Showing Information
Directions: Start Tucson Marketplace Blvd/S Kino Parkway. Head North on S Kino Parkway for 1 mile, Left onto E Silverlake Rd for .2 mile, Left onto S Mountain Ave for .2 mile, Right onto E 25th St for 262ft, Left onto Highland Ave for 200ft, destination on your Right.
Unit Info
# of Units/2 BR: 4
Avg Mo Rent/2 BR: 1085.5
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 1200
# Beds: 2
# Full Baths: 1
SqFt: 725
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Income
Vacancy Loss: 631
Other Income: 0
Adjusted Gross: 29669
Total Expenses: 10115
Gross Scheduled Rent: 30300
Net Opp Income: 19554
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 1142
# Beds: 2
# Full Baths: 1
SqFt: 725
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Analysis
Gross Rent Multi: 16.75
Vacancy Rate %: 2.08
Exp/SqFt: 3.82
Exp % of Gross: 34.09
Cap Rate %: 3.93
Construction
Frame - Stucco: 1
Unit 3 Information
Monthly Rent: 1000
# Beds: 2
# Full Baths: 1
SqFt: 725
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Expenses
Admin Expenses: 0
Capital Expenses: 2500
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 1500
Maintenance Supplies: 0
Management: 4800
Resident Manager: 0
Taxes/Assessments: 1315
Water/Sewer: 0
Other Expenses: 0
Style
Modern: 1
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 1000
# Beds: 2
# Full Baths: 1
SqFt: 725
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Roof
Shingle: 1
Water
Public: 1
Living Areas
Living Room: 1
Off Kitchen: 1
Dining Areas
Breakfast Nook: 1
Fence
Chain Link: 1
Dining Room
None: 1
View
None: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Countertops: laminate
Double Sink: 1
Electric Range: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
East/West Exposure: 1
Main Cooling
Central Air: 1
Laundry
Outside: 1
Neighborhood Features
None: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Smoke Detector: 1
Bathroom Features
Shower & Tub/Hall: 1
Terms
Cash: 1
Conventional: 1
Floor Covering
Ceramic Tile: 1
Submit With Offer
Digital Signatures: Yes
Income Property Addendum: 1
Lender Pre-Approval: 1
Proof of Funds: 1
Seller Title Company: Fidelity National
Window Covering
None: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
High Speed Internet: 1
Security
None: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Patio/Deck
None: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Pool
None: 1
Property Disclosures
Unknown: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
None: 1
RV Parking
Space Available: 1
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Assoc Amenities
None: 1
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.203766
Geo Lon: -110.951055
Property Features
Construction: Frame - Stucco
Style: Modern
Roof: Shingle
Living Areas: Living Room; Off Kitchen
Dining Areas: Breakfast Nook
Dining Room: None
Breakfast: None
Kitchen Features: Double Sink; Electric Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Outside
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: None
Technology: Cable TV; 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: Chain Link
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: None
Road Type: Paved
Driveway: None
RV Parking: Space Available
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Proof of Funds
Property Disclosures: Unknown
Special Conditions: None
Listing Office:
Avenida Realty
Last Updated: February - 25 - 2026
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