2620 N Stone Avenue Tucson, AZ $ 1,499,000
2620 N Stone Avenue
$ 1,499,000
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2620 N Stone Avenue

Tucson, AZ, 85705
$ 1,499,000
Baths0.0

Monthly Estimate*

$ 9,352

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Studio

Multi-Family Home for sale in Tucson, AZ

for $1,499,000. This home was built in 1948.

Add this charming, 14-unit cash-flowing property to your portfolio. Comprised of (8) stand-alone, 1 bed/1 bath townhomes, (5) additional 1-bedroom units, (1) 2-bedroom unit and a laundry room, this is a desert oasis for tenants to call home. Interior renovations have made these charming units a great place for tenants to call home. Located along Stone Avenue with easy access to downtown, the Tucson Mall, and the I-10 freeway, this can be a great investment for years to come.

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,864

Style

Multiple Dwellings

Year Built

1948

Town/City

Tucson

County/Region

Pima

MLS | Web ID

6902887

Features
General
Sewer Public Sewer
Heating Central
Cooling Electric
Roof Foam
Zoning TBD
Construction Materials Stucco Adobe
Year Built 1948
Electric Individual Meter
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 134710.0
Community Features Other
County Pima
Net Operating Income 95835.0
Operating Expense 5514.0
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Active
Directions Go North on Stone and the property is on your right.
City Tucson
Disclosures None
Open Parking Spaces 21.0
Number Of Units Total 14
Carport Y/N N
Tax Annual Amount 4864.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 7
Cap Rate 6.39
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 21.0
Number of Buildings 11
Spa N
Lot Dimensions 116x300
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2620
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* Excluded Features
List By
Abi Multifamily

Broker

tyler.bruggman@abimultifamily.com

Email

Affordability Calculator

$9,757
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,352
Monthly Property Taxes
$405
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2025$1,499,000 Listed Price

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2620 N Stone Avenue, Tucson, AZ, 85705 is a Multi-Family Home for sale at $1,499,000. 2620 N Stone Avenue is a studio with 0.0 baths and was built in 1948. The property's zip code is 85705 which is in Tucson, AZ