Seller is a AZ Licensed Real Estate Agent. Welcome to an exceptional investment opportunity to generate high income in the heart of central Tucson. Enjoy the prime location, minutes to the University of Arizona, downtown and I-10. Very rare 4plex consisting of three 2bedroom 1 bath units and one large 3bedroom two bath unit! Live in one unit and rent out the other three. Or, rent all four units. Currently, one unit has a long term tenant rented at under market rent. The other 3 units are furnished and rented as Arbnb/VRBO producing high income. Furnished units can be ideal for Traveling Nurses, or long term corporate housing. The three 2bed/1bath units are fully furnished and turn key! Start generating income immediately with the current professionaly managed worry free business.
This property is $433.1K more than the Median List Price and $11/SqFt more than other homes in Tucson, AZ.
Based on homes listed in November 2024
MLS Details
MLS Information:
MLS Number: #22424075
Listing Office:
Office Name: Tierra Antigua Realty
Office Phone: (520) 428-3338
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 this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 12, 2021
Mar 12, 2021Home Sold
$399,900
Apr 30, 2007
Apr 30, 2007Home Sold
$370,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,372
$22,778
2020
$3,371
$22,778
2019
$3,254
$21,945
2017
$3,377
$20,531
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,160
Per Month
Principal & Interest
$4,093
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,525
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
John B Wright Elementary School
4311 E Linden St
Distance between this listing and this school0.53 miles
Public District Grades PK-5
3
/10
Howell Peter Elementary School
401 N Irving Ave
Distance between this listing and this school0.91 miles
Public District Grades PK-5
4
/10
W V Whitmore Elementary School
5330 E Glenn St
Distance between this listing and this school1.68 miles
Public District Grades PK-5
Nearby Schools
7
/10
Ida Flood Dodge Traditional Middle Magnet School
5831 E Pima St
Distance between this listing and this school1.77 miles
Public Magnet Grades 6-8
2
/10
Doolen Middle School
2400 N Country Club Rd
Distance between this listing and this school1.87 miles
Public District Grades 6-8
3
/10
Alice Vail Middle School
5350 E 16th St
Distance between this listing and this school2.10 miles
Public District Grades 6-8
Nearby Schools
10
/10
Basis Tucson Primary School
3825 E 2nd St
Distance between this listing and this school0.83 miles
Public Charter Grades KG-12
10
/10
University High School
421 N Arcadia Ave
Distance between this listing and this school0.88 miles
Public District Grades 8-12
5
/10
Rincon High School
421 N Arcadia Ave
Distance between this listing and this school0.88 miles
The neighbors living near this home have an average income of $30,600. Typical income of Tucson, AZ residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 1221 N Belvedere Ave in Tucson, AZ and zip code 85712 in the Ward 6 neighborhood. This 3,362 square foot home, which was built in 1948, sits on a 0.41 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $820,000.
Between October 2024 and November 2024, Tucson, AZ real estate market has seen increase in the number of listings by 40.6%. Listings spent 74 days on the market in November 2024, and had a median list price of $386,829 during the same period.
From Rocket Homes Real Estate and based on county public records data.