Great Rental Investment. 6 Studio Units fully renovated in 2022/2023. Each unit is individually metered for electricity and water! Year rental is about $60,000. The Cap. Rate is more than 8%. 100% of the units are Rented. There is a vacant land to add 3 or 4 extra units on the side of the property that is included on the selling price. It is located in the heart of south Tucson, surrounded by restaurants, grocery stores, freeway, etc.
For sale by owner
$499,000
120 E 34th St, Tucson, AZ 85713
--beds
1,725sqft
MultiFamily
Built in 1962
-- sqft lot
$-- Zestimate®
$289/sqft
$-- HOA
Overview
What the owner loves about this home
Great Rental Investment. 6 STUDIO UNITS FULLY RENOVATED in 2022/2023. CAP RATE 7.3%. 100% Rented. There is a vacant land to add 3 or 4 extra units to the property. LOCATED IN THE HEART OF SOUTH TUCSON, CLOSE TO BUSSINESS, FREEWAY, AIRPORT.
- 167 days |
- 102 |
- 3 |
Listed by:
Property Owner (385) 250-9735
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Other
Cooling
- Evaporative
Appliances
- Included: Freezer, Range / Oven, Refrigerator
Features
- Flooring: Tile
- Basement: None
Interior area
- Total interior livable area: 1,725 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off-street
Features
- Exterior features: Stucco, Cement / Concrete
- Has view: Yes
- View description: None
Lot
- Size: 6,846 Square Feet
Details
- Parcel number: 118241570
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1962
Community & HOA
Location
- Region: Tucson
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $160,684
- Annual tax amount: $699
- Date on market: 1/17/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,240/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Listed for sale | $499,000-15.4%$289/sqft |
Source: Owner Report a problem | ||
| 4/17/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/17/2026 | Listed for sale | $590,000-1.5%$342/sqft |
Source: Owner Report a problem | ||
| 10/21/2025 | Listing removed | $575 |
Source: Zillow Rentals Report a problem | ||
| 8/25/2025 | Listed for rent | $575 |
Source: Zillow Rentals Report a problem | ||
| 8/25/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/4/2025 | Price change | $599,000-9.2%$347/sqft |
Source: Owner Report a problem | ||
| 7/1/2024 | Price change | $660,000-2.9%$383/sqft |
Source: Owner Report a problem | ||
| 4/28/2024 | Listed for sale | $680,000+1713.3%$394/sqft |
Source: Owner Report a problem | ||
| 9/29/1998 | Sold | $37,500-16.7%$22/sqft |
Source:  MLS of Southern Arizona #9809632 Report a problem | ||
| 8/18/1994 | Sold | $45,000$26/sqft |
Source: MLS of Southern Arizona #9408703 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $699 +6.9% | $16,068 +22.5% |
| 2024 | $654 +2.1% | $13,121 +22.6% |
| 2023 | $640 -1.9% | $10,699 +24.7% |
| 2022 | $653 +3.5% | $8,579 +21.7% |
| 2021 | $631 +2.1% | $7,047 +15.1% |
| 2020 | $618 | $6,121 +17.8% |
| 2019 | $618 +5% | $5,197 +8.7% |
| 2018 | $588 0% | $4,781 |
| 2017 | $588 +2.2% | $4,781 +4.1% |
| 2016 | $575 +11.5% | $4,592 +5% |
| 2015 | $516 | $4,373 |
| 2014 | -- | -- |
| 2013 | -- | $46,090 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | $521 +15.8% | -- |
| 2000 | $450 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 85713
Nearby schools
GreatSchools rating
- 2/10Mission View Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Pueblo High Magnet SchoolGrades: 8-12Distance: 1.1 mi
- 3/10Utterback Middle SchoolGrades: 6-8Distance: 1.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Pima County
- South Tucson
- 85713
- 120 E 34th St
Nearby cities
Nearby zip codes
Other South Tucson Topics
