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13-Unit Apartment Property

3127 N Fontana Ave, Tucson, AZ 85705

For Sale
$2,195,000

Updated one-bedroom units are arranged around a shared courtyard, with individual covered parking spaces.

Property Size6,746 SF
Price / SF$325.38
Days on Market706

Property Features for 3127 N Fontana Ave

General Information

Standard status Active
Size 6,746 SF
Property subtype Commercial

Site & Location

Neighborhood Keeling

Additional Details

Multifamily Units 24

Building Details

Year Built 1953
Listing Agency: Equilibrium Realty
Listed By: Nicholas T Tomko
Source: Thetucsonhomefinder
Added: Dec 8, 2024 Changed: Nov 8 Last Checked: Nov 10 at 11:42AM

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 Equilibrium Realty

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Investment Insights

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Built in 1953, this 6,746-square-foot apartment property contains 13 units. Twelve recently upgraded one-bedroom apartments are distributed between two buildings, while a separate detached structure holds the remaining unit. A central courtyard and additional outdoor areas provide shared exterior space. A drive path leads to individual covered parking spaces, and the property has room to add laundry amenities.

The property is offered separately, though the owner prefers a combined sale with another Fontana property comprising 24 units in total. The owner is also marketing two other properties, and a larger portfolio purchase is possible.

Key Highlights

  • 13 units, including 12 upgraded one‑bedroom apartments and one detached unit
  • 6,746 square feet; built in 1953
  • Two apartment buildings plus a separate detached unit

Property Analytics

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Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

Demographics for 85705, AZ

56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Tucson, AZ

$254 Jul
$257 Aug
$273 Sep
$289 Oct

Properties on Market for Apartment buildings in Tucson

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated one-bedroom units are arranged around a shared courtyard, with individual covered parking spaces.
Where is this apartment building located?
The property is located at 3127 N Fontana Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 13 units, including 12 upgraded one‑bedroom apartments and one detached unit; 6,746 square feet; built in 1953; Two apartment buildings plus a separate detached unit
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