About This Home

This 0-bedroom, 0-bathroom multi-family at 231 W Illinois Street in Tucson, AZ is listed for $235,000 ($182 per sqft). Built in 1946, the home offers 1,293 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1946
  • 0.17 acre lot
  • 2 parking spaces

Property Details

2 spaces
1946

Amenities

A/C
Listing Description

GREAT OPPORTUNITY to acquire this immediate cash flow property - This property is being sold AS IS - Income producing duplex previously generating $2,200/month ($26,400/annually) in gross rental income. 6.98% CAP rate & 10.4 GRM. One unit currently occupied, the other unit was recently refreshed with new carpet in the bedrooms.

Featuring two units: 1 bedroom, 1 bath ($1,000/month) and a 2 bedroom, 1 bath (previously rented for $1,200/month). Property includes washer and dryer hookups. Area known for strong rental market and increasing rent prices!

Monthly Cost Estimate

$1,257/mo

20% down · 6.5% · 30 years

Principal$170
Interest$1,018
Insurance$69

Estimates only. Actual payments may vary.

Location

231 W Illinois Street

Tucson, AZ 85714

National City NO. 4

Property Details

Flooring

Tile - Ceramic

Construction

Masonry Stucco

Heating

Heat Pump (Heating)

Cooling

Central Air

Appliances

Gas RangeDisposal

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 231 W Illinois Street is listed at $235,000 ($182/sqft). The estimated monthly payment is $1,257 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.17 acre lot, 2 parking spaces.

This property is listed by Eduardo Enrique Rosano.

ER

Eduardo Enrique Rosano

Agent at Indie Realty

Listed by Indie Realty · Broker phone: (520) 869-2376 · View on Broker Site · Broker website

MLS# 22619450· Source: Multiple Listing Service of Southern Arizona· 84 days on PropertySimple

Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

231 W Illinois Street, Tucson, AZ 85714

Open this listing in: