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718 N Palo Verde Boulevard

Tucson, AZ 85716
  • $975,000
  • STATUS: Active Under Contract
  • ID#: 22522490
Under Contract
UPDATED: 49 min ago
$975,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,824
    SQFT
  • $202
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1949
County:
Area:

School Ratings & Info

Courtesy of Long Realty.

Description

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 1 bedroom/1 bath 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.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2025-11-07T00:06:32.173.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.kinoabrams.com/homes/167416777
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718 N Palo Verde Boulevard Tucson, AZ 85716

  • Price: $975,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 49 min ago
  • ID#: 22522490
0
Beds
0
Baths
0
½ Baths
0.3
Acres
4,824
SQFT
$202
$/SQFT
1949
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
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 1 bedroom/1 bath 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.
Exterior Features

Construction Concrete Block Landscape Front Desert Plantings Landscape Rear Desert Plantings Roof Built-Up

Interior Features

Main Cooling Central Air Main Heating Gas Pac Water Heater Natural Gas

Property Features

Analysis Vacancy Rate Percent 16.67 Contingent Active Contingent Country USA Electric Electric Company TEP Expenses Figures Presented Actual Expenses Gas Electric 70.00 Expenses Insurance 345.97 Expenses Taxes Assessments 362.44 Expenses Water Sewer 200.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Income Gross Scheduled Rent 7554.00 Income Vacancy Loss 1259.00 Lot Dimensions Irregular Lot Sqft 19166.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Seller Prop Disclosure Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2024 Taxes 2966.47 Terms CashConventional Total Parking 12 Water Public

Listing provided by Long Realty: (520) 574-0952. Listing information © 2025 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2025-11-07T00:06:32.173.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Tierra Antigua Realty
1650 E River Road, Suite 202
Tucson AZ, 85718
Courtesy of Long Realty.