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$649,000 Contingent
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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. Unit 260 is occupied, do not disturb tenant. Showing of unit 260 will be with 48 hours notice after accepted contract. Agent/Owner.
Full Property Details
Full Property Details for 256-262 N Melwood Ave
General
- Price: $649,000
- Taxes: $2,054 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MLSSAZ
- MLS ID: 22521416
Additional Information
- Security/Safety: Window Bars
Location
- Area: West
- County: Pima
- Township: 14
- Subdivision: Menlo Park, Menlo Park Annex & South Menlo Park Amended
- Driving Directions: l-10/Congress St-West on Congress St. Right on Melwood Ave, duplexes are on your right - corner Melwood Ave/Park Rd.
Community
- Community Name: None
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Connected
- Water: Public
Structural Information
- Construction: Slump Block
- Square Feet: 2,976
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,629
- Lot Size Source: Assessor
- Lot Dimensions: Irregular
- Zoning: Tucson - R2
Financial Considerations
- Price Per Sq. Ft.: $218.08
- Lot Price Per Sq. Ft.: $47.62
- Tax Amount: $2,054
- Tax Year: 2024
- Terms: Cash, Conventional, FHA Loan, VA Loan
Disclosures and Reports
- Legal Description: PT OF LOTS 27 & 29 LYG S OF & ADJ TO FRESNO ST & E OF MELWOOD AVE .32 AC SEC 11-14-13
- Environmental Discl: Seller Prop Disclosure
- Range: 13
- Section: 11
Listed by KMS Realty
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256-262 N Melwood Avenue, Tucson, AZ 85745 (MLS# 22521416) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 256-262 N Melwood Avenue is currently listed for $649,000 and was received on August 15, 2025. Want to learn more about 256-262 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.

