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For sale
  • Price increase: $201K (6/23)
    $1,200,000

    760 E American Ave, Oracle, AZ 85623

    4beds
    6baths
    8,820sqft
    : 
    $7,645/mo
    Get pre-qualified
    Triplex
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $136/sqft
    $-- HOA

    What's special

    Cozy fireplacePrivacy and comfortModern bathroomsThree storage buildingsBuilt-in wine refrigeratorTwo charming homesCharming two-bedroom one-bathroom home
    Are you looking for a commercial property that also has residential homes? Look no further! This large 2-acre property has everything you need! Here's your chance to seamlessly blend living and working in one remarkable property. The commercial building is 5,600 sq ft divided into four prime rental spaces. There are also 2, two bedrooms homes that have been updated. The commercial building has a new roof as of 2026. Many upgrades everywhere! When you combine the estimated values of these three main structures. Located at the base of Mt. Lemmon, in the heart of the Arizona adventure corridor, this opportunity is truly one-of-a-kind. Don't miss out on this exceptional opportunity to own a piece of history in beautiful Oracle, AZ! This expansive 2-acre property is perfect for savvy investors or business owners who want to blend work and living space seamlessly. At the heart of the property, you'll find a remarkable 5,600 sq ft commercial building located at 760 E American Ave. This versatile space is divided into four rentable areas and comes with over 25 parking spots, ensuring convenience for both tenants and customers alike. The thoughtfully designed layout creates a spacious and inviting atmosphere on the lot. In addition to the commercial space, the property boasts two charming homes situated above and away from the main building, offering privacy and comfort: **760 E American Ave** 5600 sq ft commercial building values at over $450K. **780 E American Ave**: A cozy 1,500 +/- sq ft, 2-bed, 1-bath home valued at over $300K. **790 E American Ave**: A spacious 1,500 +/- sq ft, 2-bed, 2-bath home, also valued at over $300K. You'll also benefit from three storage buildings, a 1/4-acre flat lot with existing utilities, and a stunning tiered rock garden areaan ideal spot for relaxation or events. When you combine the estimated values of these three main structures, you're looking at over $1.5 million in potential value. Yet, I am offering the entire property for only $999,999an incredible deal! With the possibility of creating 12 rentable spaces. Seize this unique chance to invest in a thriving area filled with potential! Commercial Building Discover an incredible opportunity to lease a spacious 5,600 sq ft commercial building in the vibrant community of Oracle, AZ. This versatile property is thoughtfully divided into four distinct rental spaces, all zoned under C3, offering numerous possibilities for your business ventures. **Space #1:** A charming 135 sq ft unit featuring a shared, locking bathroomperfect for entrepreneurs in tattoo artistry, massage therapy, hairdressing, accounting, or any small business looking to make an impact. At just $550 per month plus water and electricity, this space is a fantastic entry point for your business. **Space #2:** This spacious 1,616 sq ft area boasts two bathrooms, making it an excellent choice for fitness, education, or wellness enterprises. **Space #3:** This expansive 2,920 sq ft space comes with a locking shared bathroom, offering ample room to accommodate your growing business needs. The competitive base rent of $2,000 plus utilities ensures you're investing wisely in your future success. **Space #4:** Is 710 sq ft unit featuring a shared locking bathroom, available for just $700 per month plus water and electricity. This inviting space is ideal for startups or established businesses looking to expand. All four spaces are on a Triple Net Lease (NNN), providing clarity and predictability while allowing you to focus on growth. Please note that base rent is subject to annual increases. We require all tenants to provide references, proof of business, and business liability insurance to ensure a thriving community of professionals. Don't miss out on this exceptional chance to elevate your business in Oraclesecure your space today! FEATURES C3 Zoned Commercial Retail and Flex Use Space Available for Lease! This prime property features **four rentable spaces** and **over 30 parking spots** right on American Ave and Mt Lemmon Hwy which is the bustling main street of Oracle! The location offers exceptional visibility for your business. The expansive **5,600 sq ft** building was recently renovated in 2020, showcasing modern bathrooms and a stylish personal trainer gym. Take advantage of this opportunity to lease space for one to four tenants, with **four distinct areas** and **three bathrooms** ready to accommodate your needs. Don't miss out on this ideal location for your venture! House 1 Are you ready to beat the heat and settle down in the charming community of Oracle? This is your chance! This charming, two-bedroom, one-bathroom home that's truly special! If you're considering starting a workshop or business, you're in luckthere are options at the commercial spaces right on the property. This expansive two-acre estate features not only two lovely homes but also a convenient commercial building. Step inside to discover a perfect blend of old-world charm and modern elegance. The primary bedroom is a showstopper with its vaulted ceilings, cozy fireplace, two spacious closets, and wood floors. Recently remodeled, the laundry room, kitchen, primary bedroom, and sunroom offer a fresh, inviting atmosphere. The kitchen is a culinary dream, featuring a five-burner KitchenAid gas cooktop, a built-in wine refrigerator, 2 ovens, and a state-of-the-art KitchenAid dishwasher. Both the interior and exterior of the home have been beautifully refreshed with new paint. Nestled in the historic Oracle, AZ. Please note that the refrigerator depicted in the photos will be replaced with a similar model. The estimated square footage is between 1,500 and 1,650 square feet. Don't miss out on this unique opportunity! The owner is a licensed real estate agent in Oregon and an inactive agent in Arizonaready to help you make this house your home! House 2 Enjoy the stunning views of expansive skies and Mt. Lemmon from this vintage gem located in the heart of Oracle, Arizona! This home is approximately 1,500 sq. ft. and features 2 bedrooms and 2 bathrooms, making it ideal for multi-generational living, a home office, or other uses. The levels are fully separated, ensuring maximum privacy. The lower unit is a 1-bedroom studio with a full bathroom, currently utilized as a private office. The main upper level includes 1 bedroom and 1 bathroom, featuring a spacious living room, dining room, and a highly functional small kitchen. The large master bedroom boasts an oversized walk-in closet and there is also a laundry room; a washer and dryer are included. The kitchen is equipped with a reverse osmosis drinking water system, and the home offers generous living spaces. Enjoy two new spacious decks for relaxing in the sun. Additionally, there is a detached building approximately 140 sq. ft. in size, which can serve as an office or studio and comes with electricity. There is also a unique opportunity to lease one of the commercial spaces if you have a business or need additional workspace. While this ad primarily focuses on the rental of the house, please note that the property is situated on a large 2-acre parcel shared with another house and a commercial business.
    285 days
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    205
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    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Minerick 888-400-2513,

    HomeCoin.com

    Source: MLS of Southern Arizona,MLS#: 22526563MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      Heating
      • Electric
      Appliances
      • Included: Refrigerator
      • Laundry: None
      Features
      • Flooring: Stone, Wood
      Interior area
      • Total structure area: 8,820
      • Total interior livable area: 8,820 sqft

      Property

      Parking
      • Total spaces: 30
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: None
      • Exterior features: Courtyard
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Panoramic, Residential, Rural, Sunrise, Mountain(s)
      Lot
      • Size: 2.03 Acres
      • Features: Decorative Gravel, Shrubs, Borders Common Area, East/West Exposure, Hillside Lot
      Details
      • Additional structures: Shed(s), Workshop
      • Parcel number: 308030520
      • Zoning: Pinal County - CR3
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Brick, Frame, Metal Siding
      • Roof: Membrane
      Condition
      • Year built: 1956

      Utilities & green energy

      • Electric: None
      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Features: Historic, Street Lights, Walking Trail
      • Security: None
      • Subdivision: Oracle Townsite
      HOA
      • Has HOA: No
      Location
      • Region: Oracle

      Financial & listing details

      • Price per square foot: $136/sqft
      • Tax assessed value: $470,191
      • Annual tax amount: $4,387
      • Date on market: 10/13/2025
      • Cumulative days on market: 287 days
      • Listing terms: Cash,Conventional,1031 Exchange,For Rent
      • Road surface type: Gravel, Paved, Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,915/mo

        Price history

        DateEventPrice
        6/23/2026Price change$1,200,000+20.1%$136/sqft
        Source: MLS of Southern Arizona #22526563 Report a problem
        10/13/2025Listed for sale$999,000+11.2%$113/sqft
        Source: MLS of Southern Arizona #22526563 Report a problem
        2/21/2024Listing removed$898,000$102/sqft
        Source: MLS of Southern Arizona #22402126 Report a problem
        1/25/2024Listed for sale$898,000-9.7%$102/sqft
        Source: MLS of Southern Arizona #22402126 Report a problem
        1/18/2024Listing removed$995,000$113/sqft
        Source: ARMLS #6644312 Report a problem
        12/29/2023Price change$995,000+5.3%$113/sqft
        Source: ARMLS #6644312 Report a problem
        12/29/2023Price change$945,000-5%$107/sqft
        Source: MLS of Southern Arizona #22319825 Report a problem
        12/7/2023Price change$995,000-0.5%$113/sqft
        Source: MLS of Southern Arizona #22319825 Report a problem
        9/19/2023Price change$999,999-13%$113/sqft
        Source: MLS of Southern Arizona #22319825 Report a problem
        9/14/2023Listed for sale$1,149,000+228.4%$130/sqft
        Source: MLS of Southern Arizona #22319825 Report a problem
        11/23/2020Sold$349,900$40/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,387 -6.8%$47,019 -0.3%
        2024$4,707 +4.9%$47,176 +38%
        2023$4,486 -5.1%$34,197 -25.1%
        2022$4,726 -1.9%$45,628 +8.8%
        2021$4,817 +6.6%$41,942 -0.3%
        2020$4,519 +2.3%$42,060 -17.2%
        2019$4,419 +4%$50,782 +9.3%
        2018$4,248 +3%$46,459 -1.9%
        2017$4,126 $47,373
        2016-- --
        2014-- $21,420
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: 85623

        Getting around

        29 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Oracle Ridge
        • Middle: Gardner
        • High: Canyon Del Oro

        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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