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1651 N Magnolia Ave
Tucson, AZ 85712
Multifamily Property For Sale
·
2 Units
Investment Highlights
- Duplex property situated on an 8,034-square-foot lot in the Avondale neighborhood.
- Located near schools, retail centers, and public transportation options.
- Convenient access to East Grant Road and North Swan Road for connectivity across Tucson.
- Positioned within a bike-friendly and walkable community environment.
Executive Summary
This multifamily property at 1651 N Magnolia Avenue offers an investment opportunity in Tucson’s established Avondale neighborhood. The property consists of a duplex structure on an 8,034-square-foot lot, providing flexibility for rental income or owner-occupancy. Its C-1 zoning supports a range of residential and potential light commercial uses, subject to local regulations.
Located near major arterial roads, the property benefits from convenient access to East Grant Road and North Swan Road, connecting to Tucson’s central business and retail corridors. The surrounding area includes a mix of residential communities, schools, and neighborhood retail, creating a stable tenant base. Public transportation options and bike-friendly streets enhance accessibility for residents.
Tucson’s growing economy, anchored by sectors such as aerospace, defense, and higher education, continues to drive housing demand. This property’s proximity to the University of Arizona and downtown Tucson adds to its long-term rental appeal. With a history of consistent occupancy and a location in a walkable, established neighborhood, this asset offers investors a chance to secure a property with income potential in a market known for steady growth.
Located near major arterial roads, the property benefits from convenient access to East Grant Road and North Swan Road, connecting to Tucson’s central business and retail corridors. The surrounding area includes a mix of residential communities, schools, and neighborhood retail, creating a stable tenant base. Public transportation options and bike-friendly streets enhance accessibility for residents.
Tucson’s growing economy, anchored by sectors such as aerospace, defense, and higher education, continues to drive housing demand. This property’s proximity to the University of Arizona and downtown Tucson adds to its long-term rental appeal. With a history of consistent occupancy and a location in a walkable, established neighborhood, this asset offers investors a chance to secure a property with income potential in a market known for steady growth.
Property Facts
| Price Per Unit | $178,033 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Sale Condition | 1031 Exchange | Building Size | 1,537 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Property Subtype | Apartment | ||
| Zoning | C-1 - Commerical-Neighborhood | ||
| Price Per Unit | $178,033 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,537 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Zoning | C-1 - Commerical-Neighborhood |
Property Taxes
| Parcel Number | 121-12-3690 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $24,073 CAD |
Property Taxes
Parcel Number
121-12-3690
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$24,073 CAD
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