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716-730 N Palo Verde 6 Unit Apartment Building $975,000 ($162,500/Unit) Tucson, AZ 85716

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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
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37523948

  • Date on Market: 9/3/2025

  • Last Updated:

  • Address: 716-730 N Palo Verde, Tucson, AZ 85716

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