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$620,000
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Property Description
Incredible investment opportunity. This fully remodeled 4plex is a stone's throw from Tucson's thriving downtown and just a 10 minute drive from the University of Arizona. Each unit is 2BR/1BA all have been fully updated with new flooring, new interior and exterior paint, and new ceiling fans. New kitchens with new cabinets, counters, & new GE stainless steel appliances w/ a gas stove. Fully renovated bathrooms w/new vanity sink and new file. All units have yards. Adjacent 4plex is also for sale. This is a chance to pick up a great turnkey rental investment. Units 248, 250 & 252 are leased. DO NOT DISTURB TENANTS. Agent/Owner.
Full Property Details
Full Property Details for 248-254 N Melwood Ave
General
- Sold For: $620,000
- Taxes: $2,054 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MLSSAZ
- MLS ID: 22521407
Additional Information
- Security/Safety: Window Bars
Parking
- Total Spaces: 8
Location
- Area: West
- Municipality: Tucson - R2
- County: Pima
- Township: 14
- Subdivision: Menlo Park, Menlo Park Annex & South Menlo Park Amended
- Neighborhood: None
- Driving Directions: l-10/Congress St-West on Congress St. Right on Melwood Ave, duplexes are on your right - corner Melwood Ave/Park Rd.
School Information
- Elementary School: Maxwell K-8
- Middle School: Maxwell K-8
- High School: Cholla
Community
- Community Name: None
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Connected
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Slump Block
- Square Feet: 2,976
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988
- Lot Size Source: Assessor
- Lot Dimensions: Irregular
- Zoning: Tucson - R2
Financial Considerations
- Price Per Sq. Ft.: $218.08
- Lot Price Per Sq. Ft.: $38.2
- Tax Amount: $2,054
- Tax Year: 2024
- Terms: Cash, Conventional, FHA Loan, VA Loan
Disclosures and Reports
- Special Conditions: None
- Legal Description: PTN S134.24' M/L E151.68' M/L W181.68'M/L LOT 27 .39 AC SEC 11-14-13
- Environmental Discl: Seller Prop Disclosure
- Range: 13
- Section: 11
Listed by KMS Realty
Sold by Realty Executives Arizona Territory
Get Pre-Approved Today
248-254 N Melwood Avenue, Tucson, AZ 85745 (MLS# 22521407) is a Multi-Family property that was sold at $620,000 on January 06, 2026. Want to learn more about 248-254 N Melwood Avenue? Do you have questions about finding other Multi-Family real estate for sale in West? You can browse all West real estate or contact a Coldwell Banker agent to request more information.

