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1150 N Jones Boulevard

Tucson, AZ 85716
  • $475,000
  • STATUS: Active
  • ID#: 22517885
UPDATED: 42 min ago
$475,000
  • 3
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,357
    SQFT
  • $202
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Grijalva Realty Corp..

Description

4 unit property located in central Tucson now available! Owner has owned for 30 years. Long term tenants. 7+ years. Unit 1150 is a huge 1 bed/ 1 bath with central AC, 1045 sq ft. Washer/dryer included. 1152 is a studio. Gas wall panel heat. Evap. 375 sq ft. Unit 1158 and 1168 are identical 1 bedrooms 500 sq ft. Wall panel heat. Evap. Window AC in BR. Very unique property with great income potential and/or unit 1158 can be owner occupied. Owner pays the water for 1150 and 1152. Owner pays gas for 1152. Tenants at 1158 and 1168 split the water bill. All other utilities are tenant responsibility. See documents tab for additional info and disclosures. All tenants are m/m.Owner has not raised rents on any tenants in years.

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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: 2025-07-13T10:07:00.083.
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 Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.thelocalrealestategroup.com/homes/165546030
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1150 N Jones Boulevard Tucson, AZ 85716

  • Price: $475,000
  • Status: Active
  • On Site: Days
  • Updated: 42 min ago
  • ID#: 22517885
3
Beds
4
Baths
0
½ Baths
0.19
Acres
2,357
SQFT
$202
$/SQFT
1946
Built
Neighborhood:
Morning View
County:
Pima
Area:
Central
Elementary School:
Blenman
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
Property Description
4 unit property located in central Tucson now available! Owner has owned for 30 years. Long term tenants. 7+ years. Unit 1150 is a huge 1 bed/ 1 bath with central AC, 1045 sq ft. Washer/dryer included. 1152 is a studio. Gas wall panel heat. Evap. 375 sq ft. Unit 1158 and 1168 are identical 1 bedrooms 500 sq ft. Wall panel heat. Evap. Window AC in BR. Very unique property with great income potential and/or unit 1158 can be owner occupied. Owner pays the water for 1150 and 1152. Owner pays gas for 1152. Tenants at 1158 and 1168 split the water bill. All other utilities are tenant responsibility. See documents tab for additional info and disclosures. All tenants are m/m.Owner has not raised rents on any tenants in years.
Exterior Features

Construction Concrete Block Exterior Feature None Fence Shared FenceWood Landscape Front Low CareShrubsTrees Landscape Rear Low Care Patio Deck None Pool None Road Type Paved Roof Shingle Spa None Unit1 Information Parking Carport Unit2 Information Parking On Street Unit3 Information Parking On Property Unit4 Information Parking Carport View Residential

Interior Features

Bathroom Features Shower & Tub/Primary Breakfast None Dining Areas Dining in LR/GR Dining Room None Driveway None Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(s)Smoke DetectorStorage Kitchen Features Gas RangeRefrigerator Kitchen Features Countertops formica Living Areas Family Room Main Cooling Ceiling Fan(s) Main Heating Forced AirNatural GasWall Technology Cable TV Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1045 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 300 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 506 Unit4 Information Furnished No Unit4 Information Number Half Baths 0 Unit4 Information Sqft 506 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 6.56 Analysis Exp Percent Of Gross 17.45 Analysis Exp Sqft 2.79 Analysis Gross Rent Multi 12.59 Analysis Vacancy Rate Percent 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country USA Distressed Info None Dwelling Type 4 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 300.00 Expenses Insurance 1800.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 2684.00 Expenses Water Sewer 1800.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 37740.00 Income Gross Scheduled Rent 37740.00 Income Net Opp Income 31156.00 Income Other Income 0.00 Income Total Expenses 6584.00 Income Vacancy Loss 0.00 Lot Dimensions 56x136x55x137 Lot Features Corner LotEast/West ExposureSubdivided Lot Size Source Assessor Lot Sqft 8233.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Paved Street Property Disclosures Insurance Claims History ReportLeasesMilitary Airport VctSeller Prop Disclosure Road Maintenance City Section 4 Sewer Connected Special Conditions None Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2024 Taxes 2683.77 Taxes For Dwelling & Land Terms CashConventional Total Parking 3 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 950 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 695 Unit2 Information Stories Single Unit3 Information Monthly Rent 750 Unit3 Information Stories Single Unit4 Information Floor 1st Unit4 Information Monthly Rent 750 Unit4 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Tenant Utilities Paid Taxes Owner Utilities Paid Trash Tenant Utilities Paid Water Tenant Water City Water

Listing provided by Grijalva Realty Corp.: (520) 325-1574. 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: 2025-07-13T10:07:00.083.
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 Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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The Local Real Estate Group | Realty Executives
6760 N Oracle Road Suite 130
Tucson AZ, 85704
Courtesy of Grijalva Realty Corp..