2620 N Stone Avenue, Tucson, AZ 85705 (MLS# 22527754)

$1,499,000

2620 N Stone Avenue
Tucson, AZ 85705
MLS# 22527754
7683 sqft

1 / 11

Property Description
This is a charming 14-unit community that will be a great addition to your investment portfolio. Totaling (13) 1 bedroom units and (1) 2 bedroom unit, consisting of (8) stand alone dwellings and three triplexes, this is a charming community that the tenants love. On-site laundry is offered, and submetered water reduces utility expenses for the owner.

Details

Maps

Address Information

Country: USA

Street #: 2620

Direction: N

Street Name: Stone

Suffix: Avenue

State/Province: AZ

Zip Code: 85705

County: Pima

Location, Tax & Legal

Tax Year: 2024

Taxes: 4864

Legal Description: LOT 00007 BLOCK 044 CORONADO HEIGHTS MAP 3 PLAT 115

Municipality/Zoning: Tucson – 02

Fire Protection: Included in Taxes

Tax Code: 107131910

Area: Central

Contract Information

Short Sale: No

Current Price: $1,499,000

List Price: $1,499,000

Listing Date: 2025-10-24

Status: Active

General Property Information

Property Sub-Type: Apartment

Lot Dimensions: 116’x300′

Lot Acres: 0.81

Lot Sqft: 35182

Lot Size Source: Assessor

Source of SqFt: Assessor

List Price/SqFt: 195.11

Lot Size Price/SqFt: 42.61

Year Built: 1948

Combined SqFt: 7683

Electric

Electric Company: Tucson Electric

Income

Vacancy Loss: 5

Gross Scheduled Rent: 142800

Net Opp Income: 93782

Gas

Natural: 1

Analysis

Vacancy Rate %: 0

Construction

Mud Adobe: 1

Sewer

Connected: 1

Unit Information

Apartment: Low Rise

Apartment Unit Information

# of Units/1 BR: 13

Avg Mo Rent/1 BR: 850

# of Units/2 BR: 1

Avg Mo Rent/2 BR: 1000

Roof

Foam: 1

Water

Public: 1

Main Cooling

Central Air: 1

Evaporative Cooling: 1

Main Heating

Electric: 1

Window Features

Double Pane Windows: 1

Landscape – Front

Natural Desert: 1

Trees: 1

Remarks Misc

Geo Lat: 32.254555

Geo Lon: -110.971354

Property Features

Construction: Mud Adobe

Roof: Foam

Main Cooling: Central Air; Evaporative Cooling

Main Heating: Electric

Gas: Natural

Sewer: Connected

Water: Public

Window Features: Double Pane Windows

Landscape – Front: Natural Desert; Trees

Listing Office: ABI Multifamily

Last Updated: October – 25 – 2025

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