9-Residence Multifamily
1490 E Prospect Ln, Tucson, AZ 85719
For Sale
$3,500,000
Gated entrances, a pool, and established gardens distinguish this Tucson residential property.
Property Size9,352 SF
Price / SF$374.25
Days on Market25
Property Features for 1490 E Prospect Ln
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Additional Details
Multifamily Units
Tenant in Place
Amenities
resort-style pool
mature landscaping
fruit orchards
gardens
Building Details
Year Built
Listing Agency:
Grigg's Group Powered by The Altman Brothers
Listed By:
Pete Torrez
(520) 906-1000
Source:
Myphoenixhomesource
Added: Oct 16
Changed: Nov 8
Last Checked: Nov 8 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grigg's Group Powered by The Altman Brothers
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Investment Insights
Based on property information with market context.
Built in 1956, this 9,352-square-foot multifamily compound contains nine separate residences. Property features include a pool, mature landscaping, fruit orchards, gardens, central air conditioning, renovated bathrooms, restored fireplaces, and updated roofs, plumbing, electrical systems, windows, and appliances. Gates, fencing, and parking have also been upgraded.
The Tucson property has gated entrances from both Prospect Lane and Limberlost. Approximately 1/2 acre remains undeveloped, with stated potential to accommodate up to 12 additional units.
The Tucson property has gated entrances from both Prospect Lane and Limberlost. Approximately 1/2 acre remains undeveloped, with stated potential to accommodate up to 12 additional units.
Key Highlights
- Nine separate residences across 9,352 square feet
- Approximately 1/2 acre of undeveloped land with potential for up to 12 additional units
- Built in 1956
Property Analytics
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Lease Details
9
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,918
Businesses Nearby
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Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Tucson, AZ
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Gated entrances, a pool, and established gardens distinguish this Tucson residential property.
Where is this multifamily property located?
The property is located at 1490 E Prospect Ln Tucson, AZ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Nine separate residences across 9,352 square feet; Approximately 1/2 acre of undeveloped land with potential for up to 12 additional units; Built in 1956
