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300 N Cherry Avenue

Tucson, AZ 85719
  • $845,000
  • STATUS: Active
  • ID#: 22514208
UPDATED: 23 min ago
$845,000
  • 6
    BEDS
  • 0.23
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,878
    SQFT
  • $294
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Habitation Realty ERA Powered.

Description

Welcome to your dream investment opportunity! This expertly remodeled multi-family home is ideally situated just steps away from the University of Arizona, making it perfect for students, families, and savvy investors alike. Never be late to class or look for parking for an event at the U of A! This home is within walking distance to the university, local restaurants, and entertainment options. Ample parking ensures convenience for residents and guests alike in this highly walkable neighborhood Each unit is equipped with tankless water heaters, electric ranges, and refrigerators, ensuring comfort and convenience for all residents. Enjoy the convenience of in-unit laundry facilities for every unit, making daily chores a breeze.

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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: 2025-06-12T17:06:51.887.
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 Engel & Völkers Tucson are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.tucsonselecthomes.com/homes/164110251
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300 N Cherry Avenue Tucson, AZ 85719

  • Price: $845,000
  • Status: Active
  • On Site: Days
  • Updated: 23 min ago
  • ID#: 22514208
6
Beds
3
Baths
0
½ Baths
0.23
Acres
2,878
SQFT
$294
$/SQFT
1947
Built
Neighborhood:
Rincon Heights
County:
Pima
Area:
Central
Elementary School:
Safford K-8 Magnet
Middle School:
Mansfeld
High School:
Tucson
School District:
TUSD
Property Description
Welcome to your dream investment opportunity! This expertly remodeled multi-family home is ideally situated just steps away from the University of Arizona, making it perfect for students, families, and savvy investors alike. Never be late to class or look for parking for an event at the U of A! This home is within walking distance to the university, local restaurants, and entertainment options. Ample parking ensures convenience for residents and guests alike in this highly walkable neighborhood Each unit is equipped with tankless water heaters, electric ranges, and refrigerators, ensuring comfort and convenience for all residents. Enjoy the convenience of in-unit laundry facilities for every unit, making daily chores a breeze.
Exterior Features

Construction BrickConcrete BlockFrame - Stucco Exterior Feature ShedWorkshop Fence Block Landscape Front Desert Plantings Landscape Rear Desert Plantings Patio Deck Slab Pool None Road Type Paved Roof Built-UpShingle Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property Unit3 Information Parking On Property View CityMountain(s)ResidentialSunset

Interior Features

Bathroom Features Shower Only/Primary Breakfast Area Dining Areas Breakfast BarEat-In Kitchen Dining Room Area Driveway Car(s) Pad Floor Covering Wood Interior Features Ceiling Fan(s)Dual Pane Windows Interior Features Interior Steps No Kitchen Features Electric Range Laundry Dryer IncludedLaundry ClosetWasher Included Living Areas Living Room Main Cooling Zoned Main Heating Forced Air Technology Cable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 1019 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 840 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 1019

Property Features

Accessibility Option Wide Doorways Analysis Cap Rate Percent 5.38 Analysis Exp Percent Of Gross 21.60 Analysis Exp Sqft 4.36 Analysis Gross Rent Multi 14.56 Analysis Vacancy Rate Percent 0.00 Assessments 52547.00 Association And Fees Hoa No Attached Detached Detached Community None Country USA Distressed Info None Dwelling Type 3 Plex Electric Electric Company tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Actual Expenses Gas Electric 0.00 Expenses Insurance 1500.00 Expenses Maintenance Supplies 0.00 Expenses Management 5500.00 Expenses Other Expenses 0.00 Expenses Resident Manager 10.00 Expenses Taxes Assessments 3725.00 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 58020.00 Income Gross Scheduled Rent 56220.00 Income Net Opp Income 45485.00 Income Other Income 1800.00 Income Total Expenses 12535.00 Income Vacancy Loss 0.00 Lot Dimensions 75x 130 assesor Lot Features Adjacent to AlleyEast/West Exposure Lot Size Source Assessor Lot Sqft 9975.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Neighborhood Features Athletic FacilitiesBasketball CourtExercise FacilitiesLightedParkPoolStreet LightsTennis Court(s) Property Disclosures Military Airport VctPublic Airport Vcty Road Maintenance City Section 7 Security None Sewer Connected Special Conditions None Style Contemporary Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2024 Taxes 3725.56 Taxes For Dwelling & Land Terms CashConventionalExchange Total Parking 3 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1595 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1495 Unit2 Information Stories Single Unit3 Information Monthly Rent 1595 Unit3 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Tenant Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Habitation Realty ERA Powered: (520) 647-9503. 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: 2025-06-12T17:06:51.887.
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 Engel & Völkers Tucson are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Tuscon AZ, 85718
Courtesy of Habitation Realty ERA Powered.