1601 N Louis Lane Tucson, AZ
$ 490,000
Property Attributes
  • ML#22018200
  • TypeCommercial
  • CountyPIMA
  • CityTucson
  • AreaCentral
  • Zip85712
  • StyleApartment
  • Year Built1953
  • Taxes3751
  • Price$ 490,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size0.33 Acres
Listing Provided Courtesy Of:
Realty Executives Arizona Territory
Property Description

Great 5-unit well maintained investment property. Four 2bed/1bath with central AC and a charming detached house 1bed/1bath with evap cooling. Each unit has its own fenced backyard. Additional income from Community Laundry includes 2 coin operated washer and dryers. Separately metered for gas & electric. 7 parking spaces on premises. Wonderful courtyard oasis with shade trees. Quiet neighborhood while centrally located close to shopping, bus lines and much more. Excellent opportunity for investors to add value with increased rents. Shown with an accepted offer.

General Features

Accessibility Option None
Building Sq Ft 4000.00
Construction Slump Block
Construction Status Existing
Legal Description 122132380 /Speedway No 1 E72.5' Lot 2 Exc S101.16' Thereof Blk 14
Listing Area Central
Municipality/zoning Tucson - R2
Number of Units 5
Ownership Investor
Parking Shared
Property Features Skylight, Smoke Detector
Property SubType Apartment
Property Type D
Roof Built-Up - Reflect, Shingle
Sewer Connected
Short Sale No
Status Active
Taxes 3751.55
Terms Cash, Conventional
Unit Information: Other 4-PLEX + 1
Water City
Water Heater Natural Gas
Year Built 1953

Interior Features

Fire Protection Included in Taxes
Gas Natural
Main Cooling AC Central, Evap Central
Main Heating Forced Air - Gas, Wall

Exterior Features

Fence Block, Wood
Fenced Storage No
Landscape - Front Decorative Gravel, Natural Desert, Shrubs, Trees
Landscape - Rear None
Lot Acres 0.33
Lot Description Corner Lot, East/West Exposure, Subdivided Lots
Lot Size 72x199x72x199
Lot Size Source Assessor
Parking: Other 7 parking spaces
Road Type Paved
Total Parking 7


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85712

AVG $460K
AVG $5,138
AVG 48
Year Built
AVG 1954
AVG 73
Data Provided by Walkscore ® not using MLS data