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4018 E Fairmount Street

Tucson, AZ 85712
  • $362,000
  • STATUS: Active
  • ID#: 22520023
Price Reduced
UPDATED: 130 min ago
$362,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,984
    SQFT
  • $182
    $/SQFT
Neighborhood:
Speedway Addition No. 1
Type:
Multi-Family
Built:
1971
County:
Pima
Area:
Central

School Information

Elementary School:
Wright
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
School Ratings & Info
Courtesy of HomeSmart Advantage Group.

Description

Significant Price Adjustment - Don't Miss Out! - This turn-key duplex located in a prime central location is a well-maintained, investor-ready property that is ideal for owner-occupants or those seeking reliable rental income. Each unit is 2bed / 2bath with spacious living areas. Major upgrades have recently been completed, including a NEW roof, NEW HVAC's, water heaters, freshly painted interior, NEW appliances in 4018 + more. Minimizing maintenance concerns & maximizing ROI. One unit includes a private, resurfaced gated pool with a brand-new pump, offering premium rental appeal or the option to share between units for added value. Located in a small, quiet & well-kept community, this property includes four parking spaces (two covered), storage & laundry hookups for each unit

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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: 2025-11-18T00:06:29.83.
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/166457927
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4018 E Fairmount Street Tucson, AZ 85712

  • Price: $362,000
  • Status: Active
  • On Site: Days
  • Updated: 130 min ago
  • ID#: 22520023
4
Beds
3
Baths
0
½ Baths
0.21
Acres
1,984
SQFT
$182
$/SQFT
1971
Built
Neighborhood:
Speedway Addition No. 1
County:
Pima
Area:
Central
Elementary School:
Wright
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
Property Description
Significant Price Adjustment - Don't Miss Out! - This turn-key duplex located in a prime central location is a well-maintained, investor-ready property that is ideal for owner-occupants or those seeking reliable rental income. Each unit is 2bed / 2bath with spacious living areas. Major upgrades have recently been completed, including a NEW roof, NEW HVAC's, water heaters, freshly painted interior, NEW appliances in 4018 + more. Minimizing maintenance concerns & maximizing ROI. One unit includes a private, resurfaced gated pool with a brand-new pump, offering premium rental appeal or the option to share between units for added value. Located in a small, quiet & well-kept community, this property includes four parking spaces (two covered), storage & laundry hookups for each unit
Exterior Features

Construction Slump Block Driveway Paved Asphalt Exterior Feature None Fence Chain LinkWood Landscape Front Decorative GravelDesert PlantingsLow Care Landscape Rear Low Care Patio Deck CoveredPatio Pool Community Road Type Paved Roof Built-Up - Reflect Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Mountain(s)Residential

Interior Features

Bathroom Features Shower & Tub/Hall Breakfast Bar Dining Areas Breakfast BarEat-In Kitchen Dining Room None Extra Room None Floor Covering Ceramic Tile Interior Features Ceiling Fan(s)Smoke DetectorStorage Interior Features Interior Steps No Kitchen Features Breakfast BarDishwasherDisposalElectric RangeRefrigerator Laundry OutsideStorage Living Areas Living RoomOff Kitchen Main Cooling Ceiling Fan(s)Central Air Main Heating Forced Air Technology Cable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 1 Unit1 Information Sqft 1000 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 984 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 7.31 Analysis Exp Percent Of Gross 16.81 Analysis Exp Sqft 2.69 Analysis Gross Rent Multi 11.38 Analysis Vacancy Rate Percent 0.00 Association And Fees Hoa No Attached Detached Attached Community None Country USA Distressed Info None Dwelling Type Duplex 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 0.00 Expenses Insurance 1758.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 1920.00 Expenses Water Sewer 1668.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 31800.00 Income Gross Scheduled Rent 31800.00 Income Net Opp Income 26454.00 Income Other Income 0.00 Income Total Expenses 5346.00 Income Vacancy Loss 0.00 Lot Dimensions 60x150 Lot Features Cul-De-SacEast/West Exposure Lot Size Source Assessor Lot Sqft 9017.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Paved Street Property Disclosures Lead Based Paint Road Maintenance Owner Maintenance Section 3 Security Window Bars Sewer Connected Special Conditions None Style Southwestern Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions No Tax Year 2024 Taxes 1920.05 Taxes For Dwelling & Land Terms CashConventionalFHA LoanSubmitVA Loan Total Parking 4 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1450 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1200 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Owner Utilities Paid Insurance Owner Utilities Paid Pool Spa Maintenance Tenant Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water Public

Listing provided by HomeSmart Advantage Group: (520) 495-4740. 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: 2025-11-18T00:06:29.83.
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 HomeSmart Advantage Group.