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21-Unit Apartment Complex
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2925 N Alvernon Way, Tucson, AZ 85712

Twenty-one unit apartment complex featuring 4 casitas with covered parking, a pool, and a laundry room.

Property SizeContact for details
Days on Market133

Property Features for 2925 N Alvernon Way

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 21
Listing Agency: Realty Executives Arizona Territory
Listed By: Jake Arnold, CCIM · License #SA638258000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:40PM

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 Realty Executives Arizona Territory

Investment Insights

Based on property information with market context.

This 21-unit apartment complex includes 4 casitas with covered parking, yards, and laundry hookups, along with twelve 1-bedroom, 1-bath units. There are also four 2-bedroom, 1-bath units and one 3-bedroom, 2-bath house with a private yard.

The property is described as having easy access to public transportation, with a bus line located just steps away. Amenities noted include covered parking, a pool, and a laundry room.

Seller financing is available. Current rents and vacancy are described as being well below market, with further details available through the listing agents.

Key Highlights

  • 21‑unit apartment complex with 4 casitas, 12 one‑bed/one‑bath units, four two‑bed/one‑bath units, and one three‑bed/two‑bath house
  • Includes covered parking for units plus a pool and a laundry room
  • Each casita features covered parking, yards, and laundry hookups

Property Analytics

Current Use

Park Place Apartment Complex

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Restaurant Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby

Demographics for 85712, AZ

33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Twenty-one unit apartment complex featuring 4 casitas with covered parking, a pool, and a laundry room.
Where is this apartment building located?
The property is located at 2925 N Alvernon Way Tucson, AZ.
What are key features of this property?
This property features: 21‑unit apartment complex with 4 casitas, 12 one‑bed/one‑bath units, four two‑bed/one‑bath units, and one three‑bed/two‑bath house; Includes covered parking for units plus a pool and a laundry room; Each casita features covered parking, yards, and laundry hookups
(520) 247-7480 Call to check price and availability
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