3932 North Park Avenue

Tucson, AZ 85719

$800,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards...This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards along with potential ad-ons. Its charming curb appeal and low maintenance design makes this a great option for many investors.
  1. Listed by Cole Annati • Keller Williams Realty Sonoran Living
    P: (505)-948-3348 Cole@thenookcollection.com

Property Details for 3932 North Park Avenue

Subdivision Name
S30 T13S R14E
View YN
No
Zoning
R5
LISTING UPDATED: 03/21/2025 06:18 PM

Property Details for 3932 North Park Avenue

StatusActive
MLS #6826851
Days on Market30
Taxes$2,050 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1960
Lot Size-
CountyPima County

Building Information for 3932 North Park Avenue

Stories-Residences4Year Built1960Building Size-Lot Size-

Property Information for 3932 North Park Avenue

Summary
Location and General Information
  • Unparsed Address: 3932 N PARK Avenue, Tucson, AZ 85719
  • City: Tucson
  • Coordinates: -110.956458, 32.278678
  • Country: US
  • County Or Parish: Pima
  • Cross Street: Prince Road and Park Ave
  • Directions: Prince Road and Park Ave., North on Park Ave. to address
  • Latitude: 32.278678
  • Longitude: -110.956458
  • Postal City: Tucson
  • Postal Code: 85719
  • Postal Code Plus4: 1376
  • State Or Province: AZ
  • Street Suffix: Avenue
  • Year Built: 1,960
Taxes and HOA
  • Tax Annual Amount: $2,050.00
  • Tax Book Number: 113.00
  • Tax Legal Description: E80' W110' S157.5' NW4 NW4 NE4 NW4 .261 AC SEC 30-13-14 NULL NULL NULL
  • Tax Lot: NULL
  • Tax Year: 2,014
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Other, Free, Add'l Parking Avail, <1 Space Per Unit, On Street
  • Parking Total: 8
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 03-21-2025 03:27:16 PM
  • Documents Count: 3
  • Ownership: Fee Simple
  • Parcel Number: 11302023
  • Property Type: Multiple Dwellings
  • Public Survey Range: 14
  • Public Survey Section: 30
  • Public Survey Township: 13
  • Road Surface Type: Asphalt, Sidewalk(s)
Utilities
  • Electric: City Electric
  • Electric On Property YN: Yes
  • Sewer: Other, Public Sewer
  • Water Source: See Remarks, City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Other, See Remarks, No Pool
  • Construction Materials: Adobe
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Built-Up
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Electric, 2 or More Units
  • Cooling YN: Yes
  • Flooring: Other, Ceramic Tile
  • Heating: Individual, Heat Pump, 2 or More Units
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $62,280.00
  • Gross Scheduled Income: $62,280.00
  • Net Operating Income: $53,573.00
  • Operating Expense: $2,050.00
Rental
Rent Information
  • Tenant Pays: Electricity

Property History for 3932 North Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3932 North Park Avenue

Taxable ValueLand$5,040Additions$17,942Total$22,982
Tax Record2021$2,552 ($213 / month)
Home Facts
Total Finished SqFt2,960 SqFtAbove Grade Finished SqFt2,960 SqFtStories1Lot Size12,600 SqFtStyleQuadraplexYear Built1960Year Renovated1960CountyPIMAAPN113-02-0230 01

Schools near 3932 North Park Avenue

This home is within Amphitheater Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Rio Vista Elementary School
PublicPK to 5

Amphitheater Middle School
Public6 to 8

Amphitheater High School
Public9 to 12

Amphi Academy at El Hogar
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3932 North Park Avenue is a multi-family home for sale in Tucson, AZ 85719. This property was listed for sale on February 24, 2025 by Keller Williams Realty Sonoran Living, it's currently listed at $800,000. It has been on the market for a total of 30 days and was last sold on February 19, 2018. This listing's school district is Amphitheater Unified District. Nearby schools include Rio Vista Elementary School, Amphitheater Middle School and Amphitheater High School. 3932 North Park Avenue is a 0-bed, 0-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Sonoran Living

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