Rare opportunity to purchase newer construction within 3 blocks of UofA around a 8.06% Cap rate (proforma)! Seller Financing Available @6% for up to 5 years OAC with 30% downpayment. This newer building integrates metal roofing with block and stucco finishes for a really neat modern look that the students love. 4-plex, with 8bds/3.5bths per unit. Large units with huge common areas, all tile throughout, hardwood cabinets, corian counters, and ample appliances. Floorplan designed by afor students. Huge Picture windows in front frame nice mountain and city views. Large enclosed common area with Turf. Parking lot w 14 parking spots, 4 on street parking spots available, basketball hoops. This property is zoned for group homes and could be ideal for a variety of non-student housing needs.
Sold for $2,950,000
$2,950,000
50 N Mountain Ave, Tucson, AZ 85719
32beds
16baths
9,598sqft
Quadruplex
Built in 2015
-- sqft lot
$2,640,100 Zestimate®
$307/sqft
$1,472 Estimated rent
Home value
$2,640,100
$2.38M - $2.90M
$1,472/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jarrett W Reidhead 520-331-8050,
Pinnacle Realty and Investment Advisors LLC
Bought with:
Jarrett W Reidhead, BR535944000
Pinnacle Realty and Investment Advisors LLC
Source: MLS of Southern Arizona,MLS#: 22410347
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 16
Heating
- Zoned
Cooling
- Zoned
Appliances
- Included: Double Sink, Electric Range, Dishwasher, Disposal, Refrigerator
- Laundry: Laundry Room, Dryer Included, Washer Included
Features
- Breakfast Bar, Vaulted Ceiling(s)
- Flooring: Ceramic Tile
- Windows: Double Pane Windows
Interior area
- Total structure area: 9,598
- Total interior livable area: 9,598 sqft
Property
Parking
- Total spaces: 14
Accessibility
- Accessibility features: Door Levers, Roll-In Shower, Wide Doorways
Features
- Patio & porch: Covered
- Exterior features: Balcony, Barbecue, Courtyard
- Pool features: None
- Spa features: None
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.43 Acres
- Dimensions: 125 X 150 X 125 X 151
- Features: Adjacent to Alley, Corner Lot, North/South Exposure
Details
- Parcel number: 124082240
- Zoning: Tucson - R3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Quadruplex
Materials
- Block, Metal Siding, Masonry Stucco
- Roof: Metal
Condition
- Year built: 2015
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Security: Window Bars, Security Lights, Fire Sprinkler System
- Subdivision: Drakes Addition
HOA
- Has HOA: No
Location
- Region: Tucson
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $2,150,000
- Annual tax amount: $17,450
- Date on market: 4/25/2024
- Cumulative days on market: 58 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Sold | $2,950,000-9.2%$307/sqft |
Source:  MLS of Southern Arizona #22410347 Report a problem | ||
| 7/20/2024 | Pending sale | $3,250,000$339/sqft |
Source: MLS of Southern Arizona #22410347 Report a problem | ||
| 6/22/2024 | Contingent | $3,250,000$339/sqft |
Source: MLS of Southern Arizona #22410347 Report a problem | ||
| 4/25/2024 | Listed for sale | $3,250,000+14%$339/sqft |
Source: MLS of Southern Arizona #22410347 Report a problem | ||
| 3/5/2018 | Sold | $2,850,000+26.7%$297/sqft |
Source: MLS of Southern Arizona #21801663 Report a problem | ||
| 8/5/2016 | Sold | $2,250,000+508.1%$234/sqft |
Source: Public Record Report a problem | ||
| 12/10/2014 | Sold | $370,000+37%$39/sqft |
Source: Public Record Report a problem | ||
| 11/21/2013 | Sold | $270,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $17,450 +4.2% | $215,000 -26.2% |
| 2025 | $16,740 +6% | $291,200 +9.2% |
| 2024 | $15,794 -0.5% | $266,701 +25% |
| 2023 | $15,872 +0.6% | $213,360 |
| 2022 | $15,780 +3.1% | $213,360 +5% |
| 2021 | $15,300 +1.1% | $203,200 +96.6% |
| 2020 | $15,126 | $103,361 +4.8% |
| 2019 | $15,126 -0.9% | $98,621 +3.2% |
| 2018 | $15,263 -2.9% | $95,529 |
| 2017 | $15,711 +3.6% | $95,529 +913% |
| 2016 | $15,170 +381.9% | $9,430 -49.2% |
| 2015 | $3,148 | $18,554 |
| 2014 | -- | -- |
| 2013 | -- | $203,015 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | $1,432 | -- |
Find assessor info on the county website
Neighborhood: Rincon Heights
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Nearby schools
GreatSchools rating
- 9/10Miles-Exploratory Learning CenterGrades: PK-8Distance: 0.1 mi
- 4/10Tucson Magnet High SchoolGrades: 8-12Distance: 0.7 mi
- 4/10Mansfeld Middle SchoolGrades: 6-8Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Cragin
- Middle: Mansfeld
- High: Tucson
Source: MLS of Southern Arizona. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,640,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,640,100
- Arizona
- Pima County
- Tucson
- 85719
- Rincon Heights
- 50 N Mountain Ave
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Nearby neighborhoods
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