This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards along with potential ad-ons. Its charming curb appeal and low maintenance design makes this a great option for many investors.
Sold for $715,000 on 06/17/25
$715,000
3932 N Park Ave, Tucson, AZ 85719
6beds
1,535sqft
Quadruplex
Built in 1960
-- sqft lot
$701,200 Zestimate®
$466/sqft
$1,853 Estimated rent
Owner options
What's special
Zillow last checked: 9 hours ago
Listing updated: June 17, 2025 at 07:10am
Listed by:
Cole L Annati 505-948-3348,
Keller Williams Realty Sonoran
Bought with:
Ashley Kimberlin
Realty Executives Arizona Territory
Don Eugene
Source: MLS of Southern Arizona,MLS#: 22505751
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bathroom
- Description: Countertops: Cultured Marble
Bathroom
- Features: Shower & Tub/Hall
Dining room
- Features: Area, Breakfast Bar
Living room
- Features: Off Kitchen
Heating
- Electric
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Refrigerator, Water Heater: Electric
- Laundry: Separate Hookups
Features
- Ceiling Fan(s), High Speed Internet, Dining Areas: Breakfast Bar
- Flooring: Ceramic Tile
- Windows: Window Covering: Some
Interior area
- Total structure area: 2,960
- Total interior livable area: 1,535 sqft
Property
Parking
- Total spaces: 8
- Parking features: On Property, RV Access/Parking, Parking Pad
- Has uncovered spaces: Yes
- Details: RV Parking: Space Available
Accessibility
- Accessibility features: None
Features
- Levels: Unit 1 Stories: Single,Unit 2 Stories: Single,Unit 3 Stories: Single,Unit 4 Stories: Single
- Stories: 1
- Patio & porch: Covered
- Exterior features: Courtyard
- Pool features: None
- Spa features: None
- Fencing: Block,Wood,Metal
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.39 Acres
- Features: Corner Lot, East/West Exposure, Landscape - Front: Desert Plantings, Low Care, Natural Desert, Landscape - Rear: Decorative Gravel, Desert Plantings, Low Care, Natural Desert
Details
- Parcel number: 11302001C
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Burnt Adobe
- Roof: Built-Up,Built-Up - Reflect
Condition
- Existing
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Tep
- Gas: None
- Water: Public
- Utilities for property: Cable Connected, Sewer Connected
Community & neighborhood
Security
- Security features: None, Tenant Supplied
Community
- Community features: Sidewalks
Location
- Region: Tucson
- Subdivision: Unsubdivided
HOA & financial
HOA
- Has HOA: No
- Amenities included: Maintenance
Other financial information
- Total actual rent: 5190
Other
Other facts
- Listing terms: Conventional,Owner Carry
- Ownership type: Sole Proprietor
- Road surface type: Paved
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Estimated market value
$701,200