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844 E Lee Street

Tucson, AZ 85719
  • $585,000
  • STATUS: Active
  • ID#: 22515427
New
UPDATED: 63 min ago
$585,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,002
    SQFT
  • $292
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
2011
County:
Pima
Area:
Central

School Information

Elementary School:
Blenman
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
School Ratings & Info
Courtesy of Realty Executives Arizona Territory.

Description

OPPORTUNITY is calling & this is the perfect investment property to live in one & rent out the other for additional income! Always rented! Minutes from UofA, Banner, bike paths, restaurants, I-10 access, and so much more! Large lots provide OFF-street parking at both homes. Front house was built in 1920 and boasts 569sq.ft with 2 bed/1 bath, mini-splits for controlled heating & cooling, cozy fireplace & laundry room. Currently rented at $1150/ month. Back House is just like NEW built in 2011 with 1433 sq.ft., vaulted ceilings, 3 beds/2 baths and freshly painted inside and out. New carpet in each bedroom with stained concrete floors throughout. Back unit just vacated, & was rented for $2100 /month. This is a great way to build your Real Estate Portfolio and be close to all the action!

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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: 2025-06-12T16:08:55.97.
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/164597210
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844 E Lee Street Tucson, AZ 85719

  • Price: $585,000
  • Status: Active
  • On Site: Days
  • Updated: 63 min ago
  • ID#: 22515427
5
Beds
3
Baths
0
½ Baths
0.17
Acres
2,002
SQFT
$292
$/SQFT
2011
Built
Neighborhood:
N/A
County:
Pima
Area:
Central
Elementary School:
Blenman
Middle School:
Doolen
High School:
Catalina
School District:
TUSD
Property Description
OPPORTUNITY is calling & this is the perfect investment property to live in one & rent out the other for additional income! Always rented! Minutes from UofA, Banner, bike paths, restaurants, I-10 access, and so much more! Large lots provide OFF-street parking at both homes. Front house was built in 1920 and boasts 569sq.ft with 2 bed/1 bath, mini-splits for controlled heating & cooling, cozy fireplace & laundry room. Currently rented at $1150/ month. Back House is just like NEW built in 2011 with 1433 sq.ft., vaulted ceilings, 3 beds/2 baths and freshly painted inside and out. New carpet in each bedroom with stained concrete floors throughout. Back unit just vacated, & was rented for $2100 /month. This is a great way to build your Real Estate Portfolio and be close to all the action!
Exterior Features

Construction Frame - StuccoMasonry Stucco Driveway Paved Gravel Exterior Feature None Fence Block Landscape Front Decorative Gravel Landscape Rear Decorative Gravel Patio Deck CoveredSlab Pool None Road Type Paved Roof Built-Up - ReflectShingleTile Spa None Unit1 Information Parking On Property Unit2 Information Parking On Property View Sunset

Interior Features

Bathroom Features Shower & Tub/HallShower & Tub/Primary Breakfast AreaBarNook Dining Areas Breakfast BarBreakfast NookDining in LR/GR Dining Room Area Extra Room Storage Floor Covering CarpetCeramic TileConcreteWood Interior Features Ceiling Fan(s)Dual Pane WindowsSmoke DetectorStorageVaulted Ceilings Interior Features Interior Steps No Kitchen Features Breakfast BarDishwasherElectric RangeRefrigerator Kitchen Features Countertops Granite/tile Kitchen Features Pantry Cabinet Laundry Dryer IncludedIn KitchenStorageWasher Included Living Areas Living RoomOff Kitchen Main Cooling Ceiling Fan(s)Central Air Main Heating ElectricForced Air Technology Alarm SystemCable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 569 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 1433 Water Heater Electric

Property Features

Accessibility Option None Analysis Cap Rate Percent 4.31 Analysis Exp Percent Of Gross 35.41 Analysis Exp Sqft 6.90 Analysis Gross Rent Multi 15.00 Analysis Vacancy Rate Percent 0.00 Association And Fees Hoa No Attached Detached Detached Community None Country USA Distressed Info None Dwelling Type 2 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 1226.00 Expenses Maintenance Supplies 2500.00 Expenses Management 3900.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4766.73 Expenses Water Sewer 1416.58 Fema Flood Zone No Fire Protection Included in Taxes Gas None Horse Facilities No Horse Property No Income Adjusted Gross 39000.00 Income Gross Scheduled Rent 39000.00 Income Net Opp Income 25190.69 Income Other Income 0.00 Income Total Expenses 13809.31 Income Vacancy Loss 0.00 Lot Dimensions 48' x 149' x 46' x 148' Lot Features North/South ExposureSubdivided Lot Size Source Assessor Lot Sqft 7492.00 Municipal Flood Zone No Municipality Zoning Tucson - NR2 Neighborhood Features Paved StreetSidewalks Property Disclosures Insurance Claims History ReportLead Based PaintLeasesSeller Prop Disclosure Road Maintenance City Section 6 Security Alarm Installed Sewer Connected Special Conditions None Style BungalowContemporary Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions No Tax Year 2024 Taxes 4766.73 Taxes For Dwelling & Land Terms CashConventionalFHA LoanSubmitVA Loan Total Parking 5 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1150 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 2100 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Realty Executives Arizona Territory: (520) 314-3255. 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: 2025-06-12T16:08:55.97.
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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Engel & Völkers Tucson
2905 E Skyline Drive
Tuscon AZ, 85718
Courtesy of Realty Executives Arizona Territory.