3601 E 4th Street, Tucson, AZ 85716
$5,900,000
Property Type:
Commercial
Square Footage:
28,485
Lot Size (sq. ft.):
80
Status:
Closed
Current Price:
$5,900,000
List Date:
9/23/2025
Last Modified:
9/25/2025
Overview
Description
One of a kind multi family rental opportunity. Just a short bike ride from the University and minutes from many commercial amenities this 27 unit property offers free standing units, walled rear yards, desert tolerant plantings, no landlord water bill, all electric and water units-paid by tenants. 2 off street parking spaces per unit, laundry hooks in each unit.
Listing Details MLS# 22524610
Address Information
- Street #
- 3601
- Direction
- E
- Street Name
- 4th
- Suffix
- Street
- State/Province
- AZ
- Zip Code
- 85716
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 125-11-218A
- Area
- Central
- Tax Year
- 2024
- Taxes
- 15548.27
- Legal Description
- From Parcel:125112180 /Speedway View S209' Lot 12 Blk 7 (11147/808 & 809)
- Municipality/Zoning
- Tucson - R2
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- TBD
General Property Information
- Property Sub-Type
- Other
- Construction Status
- Existing
- # Units
- 27
- Total Parking
- 54
- Multi-Tenant
- Yes
- Year Built
- 2001
- Lot Dimensions
- Irregular
- Lot Acres
- 1.83
- Lot Sqft
- 79540
- Lot Size Source
- Assessor
- Combined SqFt
- 28485
- Source of SqFt
- Assessor
- List Price/SqFt
- 224.68
- Lot Size Price/SqFt
- 80.46
Property Features
Property Features:
Interior Steps; Smoke Detector
Construction:
Frame - Stucco
Roof:
Built-Up - Reflect
Main Cooling:
Ceiling Fan(s); Heat Pump
Main Heating:
Electric
Water Heater:
Electric
Gas:
None
Sewer:
Connected
Water:
Public
Window Features:
Double Pane Windows
Fence:
Block; Shared Fence
Landscape - Front:
Desert Plantings; Low Care; Trees
Landscape - Rear:
Desert Plantings; Low Care; Trees
Road Type:
Paved
Parking:
Paved Parking
Lot Features:
Corner Lot; North/South Exposure; Subdivided
Terms:
Cash; Conventional; Exchange
Submit With Offer:
Proof of Funds; Written Lender Approval
Property Disclosures:
Seller Prop Disclosure
Special Conditions:
None
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2025-09-23
- Pending Date
- 2025-09-22
- Sold Date
- 2025-09-25
- Sold Price/SqFt
- 207.13
- Lot Sz Sold Prc/SqFt
- 74.18
- Financing
- Cash Owner Carryback
More Information
Showing Information
- Directions
- From country club and 5th, east to Richey, north to address
Income
- Gross Scheduled Rent
- 490877
- Vacancy Loss
- 6500
- Net Opp Income
- 415477
Analysis
- Vacancy Rate %
- 1.32
Expenses
- Captial Expenses
- 5000
- Contract Services
- 1500
- Figures Presented
- Proforma
- Gas/Electric
- 1500
- Insurance
- 17500
- Maintenance Supplies
- 1000
- Taxes/Assessments
- 37000
- Water/Sewer
- 400
- Other Expenses
- 5000
Unit Information
- Apartment
- Low Rise
Apartment Unit Information
- # of Units/2 BR
- 27
- Avg Mo Rent/2 BR
- 1585
Electric
- Electric Company
- tep
Parking
- # Covered Parking
- 27
- Other
- 27 uncovered
- Paved Parking
- Yes
Submit With Offer
- Seller Title Company
- Fidelity National
- Proof of Funds
- Yes
- Written Lender Approval
- Yes
Sold Info
- Est. Closing Date
- 2025-09-25
- Seller Concessions
- 0
Gas
- None
- Yes
Construction
- Frame - Stucco
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up - Reflect
- Yes
Water
- Public
- Yes
Property Features
- Interior Steps
- Yes
- Smoke Detector
- Yes
Fence
- Block
- Yes
- Shared Fence
- Yes
Road Type
- Paved
- Yes
Lot Features
- Corner Lot
- Yes
- North/South Exposure
- Yes
- Subdivided
- Yes
Main Cooling
- Ceiling Fan(s)
- Yes
- Heat Pump
- Yes
Main Heating
- Electric
- Yes
Water Heater
- Electric
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
Window Features
- Double Pane Windows
- Yes
Landscape - Front
- Desert Plantings
- Yes
- Low Care
- Yes
- Trees
- Yes
Landscape - Rear
- Desert Plantings
- Yes
- Low Care
- Yes
- Trees
- Yes
Freeway/Highway
- 2.1 - 5 Mile
- Yes
Property Disclosures
- Seller Prop Disclosure
- Yes
Special Conditions
- None
- Yes
Listing Office:
Long Realty
Last Updated: September - 25 - 2025
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