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EXECUTIVE SUMMARY
Located in the heart of the desirable Miramonte neighborhood and just steps from the 3rd Street bike path, Midtown Casitas spans 2 residential parcels and offers a rare opportunity to own a fully renovated multi-family property. The property is comprised of 6 apartments arranged across three charming duplex buildings, plus a dedicated laundry and storage building. All structures are thoughtfully situated around a lush desert-landscaped courtyard that creates a welcoming, community feel. Meticulously remodeled to reflect the character of Old Tucson architecture while incorporating modern conveniences, Midtown Casitas blends timeless style with long-term durability. This property attracts quality, long-term tenants and enjoys low turnover, making it an outstanding investment opportunity. The 2nd parcel is: #125-11-014F, addresses 720-722 N Palo Verde.
PROPERTY FACTS Under Contract
| Price | $975,000 | Building Class | C |
| Price Per Unit | $162,500 | Lot Size | 0.44 AC |
| Sale Type | Investment | Building Size | 4,903 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1949 |
| Apartment Style | Low-Rise | Parking Ratio | 2.04/1,000 SF |
| Zoning | R-2, Tucson | ||
| Price | $975,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 4,903 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | R-2, Tucson |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Bike Score®
Very Bikeable (81)
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716-730 N Palo Verde
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