2528 N FONTANA Avenue, Tucson, AZ 85705

$1,025,000
Property Type: Multiple Dwellings Bedrooms: 12 Baths: 8 Status: Active
Current Price: $1,025,000 Last Modified: 10/05/2026

Overview

Description

This fully occupied income producing property is priced to sell! Add this great 8-unit property to your rental portfolio. With a great unit mix of (1) 2 bed/2 bath house, (3) 2 bed/1 bath units, (3) 1 bed/1 bath stand-alone homes, and (1) stand-alone studio, there is always demand for tenants to live here. Located centrally between the Tucson Mall, U of A's campus, and the I-10, this is a great investment to own.

Listing Details MLS# 7089344

Location, Tax & Legal

House Number
2528
Compass
N
Street Name
FONTANA
St Suffix
Avenue
City/Town Code
Tucson
State/Province
AZ
Zip Code
85705
Zip4
4788
Country
US
County Code
Pima
Subdivision
CORONADO HEIGHTS
Assessor Number
107-14-057
Tax Year
2025
Assessor's Map #
14
Legal Description (Abbrev)
CORONADO HEIGHTS LOT 6 EXC S60' W170' BLK 51 NULL NULL NULL
Assessor's Parcel #
57
Add'l Parcels
No
Tax Municipality
Tucson
Census Tract
1304
Taxes
3961
Legal
CORONADO HEIGHTS LOT 6 EXC S60' W170' BLK 51 NULL NULL NULL
Marketing Name
NA

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
57x300x118
Year Built
1970
Uncvrd Parking Spcs
10
Total # of Units
8
# of Buildings
6
Zoning
TBD
Elementary School District
Amphitheater Unified District
High School District
Amphitheater Unified District

Remarks Misc

Cross Street
Grant Rd and Stone Ave
Directions
North on Fontana Ave, property on east side

Legal Info

Township
13
Range
13
Section
36
Block
051
Lot Number
00006

Efficiency Units

# Efficiency Units
Yes
Avg Rent
893
Avg SqFt
405
# Baths
Yes

More Information

1 Bedroom Units

# 1 Bedroom Units
3
Avg Rent
999
Avg SqFt
600
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1150
Avg SqFt
800
# Baths
Yes

Structure

Bedrooms Total
12
Bathrooms Total
8

Income Expenses

Gross Annual Sch Inc
97000
Net Operating Income
70000

Showing Notification Methods

Showing Service
No Showing Service Used

Project Type

5 - 12 Units
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Laminate
Yes
Tile
Yes
Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
3961
Other Income
0
Vacancy Allowance
0.03
Adjusted Gross Inc
94090

Pmt & Rate Info

Cap Rate
6.83
Equity
1025000
Down Payment %
5
Monthly Payments
5000
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Electric
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Built-In Electric Oven
Yes
Refrigerator
Yes
W/D Hookup
Yes

Road Surface Type

Dirt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

City Electric
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
Conventional
Yes
No Carry
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Laminate; Tile; Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Built-In Electric Oven; Refrigerator; W/D Hookup Heating: Natural Gas Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: City Electric Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Dirt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; No Carry Environmental: None

Documents

IDX
Listing Office: ABI Multifamily
Office Phone: 602-714-1400
Last Updated: October - 05 - 2026
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