760 E American Avenue, Oracle, AZ 85623 (MLS# 22526563)

760 E American Avenue, Oracle, AZ 85623

$999,000
Property Type: Multi-Family Square Footage: 8,820 Lot Size (sq. ft.): 13 Status: Active
Current Price: $999,000 List Date: 10/13/2025 Last Modified: 12/12/2025

Overview

Description

Here's your chance to seamlessly blend living and working in one remarkable property. Imagine owning a spacious 5,600 sq ft commercial building, expertly divided into four primed rental spaces, plus two charming houses to call home. With abundant parking and a breathtaking location at the base of Mt. Lemmon—right in the heart of the Arizona adventure corridor—this opportunity is truly one-of-a-kind. Don't let this chance slip away! Embrace your future here today! When you combine the estimated values of these three main structures.

Supplements: Don't miss out on this exceptional opportunity to own a piece of history in beautiful Oracle, AZ! This expansive 2-acre property is perfect for savvy investors or business owners who want to blend work and living space seamlessly. At the heart of the property, you'll find a remarkable 5,600 sq ft commercial building located at 760 E American Ave. T ...

Listing Details MLS# 22526563

Address Information

Street #
760
Direction
E
Street Name
American
Suffix
Avenue
State/Province
AZ
Zip Code
85623
County
Pinal
Country
USA

Location, Tax & Legal

Tax Code
308-03-0520
Area
Pinal
Subdivision
Oracle Townsite
Tax Year
2024
Taxes
4387.2
Taxes For
Dwelling & Land
Legal Description
Oracle Townsite Amended: Lots 16 Thru 22 Blk 21 & E-40' Of Monroe St Adj Nely 75' Of Lots 24 Thru 31 Blk 22 & All Of Lo
Township
9
Community
None
Municipality/Zoning
Pinal County - CR3
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Triplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Oblong
Lot Acres
2.03
Lot Sqft
76230
Lot Size Source
Other
Combined SqFt
8820
Year Built
1956
Total Parking
30
School District
Oracle
Elementary School
Oracle Ridge
Middle School
Gardner
High School
Canyon Del Oro
Horse Property
No
Horse Facilities
No
List Price/SqFt
113.27
Lot Size Price/SqFt
13.11

Property Features

Construction: Brick; Frame; Metal Roof: Membrane Living Areas: None Dining Areas: Eat-In Kitchen Dining Room: None Breakfast: None Kitchen Features: Refrigerator Bathroom Features: None Laundry: None Extra Room: Storage Interior Features: Workshop Floor Covering: Stone; Wood Window Covering: None Technology: High Speed Internet Main Heating: Electric Water Heater: Electric Electric: None Gas: Natural Sewer: Septic Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: None Landscape - Front: Decorative Gravel; Desert Plantings; Natural Desert; Shrubs; Trees Landscape - Rear: Decorative Gravel; Desert Plantings; Low Care; Natural Desert; Shrubs; Trees View: Panoramic; Residential; Rural; Sunrise; Mountain(s) Road Type: Dirt; Gravel; Paved RV Parking: Space Available Exterior Feature: Courtyard; Shed(s); Workshop Lot Features: Borders Common Area; East/West Exposure; Hillside Lot Neighborhood Features: Historic; Paved Street; Street Lights; Walking Trail Terms: Cash; Conventional; Exchange; For Rent Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds; Written Lender Approval Property Disclosures: Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
From Tucson / Oro Valley take Oracle Road, which becomes Highway 77. Pass Saddlebrooke Ranch & Biosphere 2, then turn right into Oracle. Continue on American Avenue for about 3 miles until you spot your destination on the left, near Mount Lemmon Highway—a must-visit for thrill-seekers! Discover the stunning back side of Mount Lemmon and experience Arizona's adventure corridor!

Unit Info

# of Units/Studios
4

Unit 1 Information

Monthly Rent
5520
# Half Baths
3
SqFt
5620
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
2000
# Beds
2
# Full Baths
Yes
SqFt
1500
Occupancy
Yes
Stories
Two
Floor
1st
Furnished
No
Parking
On Property

Unit 3 Information

Monthly Rent
1900
# Beds
2
# Full Baths
2
SqFt
1700
Occupancy
Yes
Stories
Two
Furnished
No
Parking
On Property

Analysis

Cap Rate %
Yes
Gross Rent Multi
99.7
Vacancy Rate %
0

Income

Gross Scheduled Rent
10020
Adjusted Gross
10020
Net Opp Income
10020
Vacancy Loss
0
Other Income
0
Total Expenses
0

Expenses

Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Insurance
0
Maintenance Supplies
0
Management
0
Resident Manager
0
Taxes/Assessments
0
Water/Sewer
0
Other Expenses
0

Style

Other
Metal and Block

Kitchen Features

Appliance Color
Stainless
Refrigerator
Yes

Main Cooling

Other
Minis plit, AC

Main Heating

Other
Gas Furnace
Electric
Yes

Water

Water Company
AZ Water
Public
Yes

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Tenant
Insurance
Tenant
Sewer
Tenant
Taxes
Tenant
Trash
Tenant
Water
Tenant

Driveway

Paved
Asphalt

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Home Protection

Offered
No

Electric

None
Yes

Gas

Natural
Yes

Construction

Brick
Yes
Frame
Yes
Metal
Yes

Sewer

Septic
Yes

Roof

Membrane
Yes

Living Areas

None
Yes

Dining Areas

Eat-In Kitchen
Yes

Fence

None
Yes

Dining Room

None
Yes

View

Mountain(s)
Yes
Panoramic
Yes
Residential
Yes
Rural
Yes
Sunrise
Yes

Breakfast

None
Yes

Road Type

Dirt
Yes
Gravel
Yes
Paved
Yes

Road Maintenance

City
Yes

Lot Features

Borders Common Area
Yes
East/West Exposure
Yes
Hillside Lot
Yes

Laundry

None
Yes

Neighborhood Features

Historic
Yes
Paved Street
Yes
Street Lights
Yes
Walking Trail
Yes

Extra Room

Storage
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Interior Features

Workshop
Yes

Bathroom Features

None
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes
For Rent
Yes

Floor Covering

Stone
Yes
Wood
Yes

Submit With Offer

Lender Pre-Approval
Yes
Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes
Written Lender Approval
Yes

Window Covering

None
Yes

Accessibility Option

None
Yes

Technology

High Speed Internet
Yes

Security

None
Yes

Landscape - Front

Decorative Gravel
Yes
Desert Plantings
Yes
Natural Desert
Yes
Shrubs
Yes
Trees
Yes

Landscape - Rear

Decorative Gravel
Yes
Desert Plantings
Yes
Low Care
Yes
Natural Desert
Yes
Shrubs
Yes
Trees
Yes

Patio/Deck

None
Yes

Pool

None
Yes

Property Disclosures

Seller Prop Disclosure
Yes

Spa

None
Yes

Special Conditions

None
Yes

RV Parking

Space Available
Yes

Exterior Feature

Courtyard
Yes
Shed(s)
Yes
Workshop
Yes
Listing Office: HomeCoin.com
IDX
Last Updated: December - 12 - 2025
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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