Search
Corner-Lot Triplex

448 Paseo Flamenco, Rio Rico, AZ 85648

For Sale
New
$400,000

Three brick residences combine individual utility rooms with covered outdoor areas.

Property Size2,805 SF
Lot Size0.31 Acres
Price / SF$142.60
Days on Market7

Property Features for 448 Paseo Flamenco

General Information

Standard status Active
Size 2,805 SF
Lot size 0.31 Acres
Property subtype Residential Income

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Average Monthly Rent $900
Tenant in Place Yes

Amenities

covered patio
security doors
fenced yard
motion sensor lights

Building Details

Year Built 1993
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Realty ONE Group
Listed By: Monica S Astorga
Source: Exprealty
Added: Oct 31 Changed: Nov 5 Last Checked: Nov 6 at 9:40AM

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 ONE Group

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1993, this brick triplex contains three 935-square-foot units, each arranged with two bedrooms and one bathroom. Private utility rooms provide washer and storage space. Kitchen updates are dated 2026 and include granite counters, ceiling-height Shaker cabinetry, stainless-steel sinks, and pantry shelving; the bathrooms also have updated cabinets and faucets. The roof was replaced in 2019.

The property occupies a 13,460-square-foot corner lot with mountain views and no neighbors at the front or sides. A covered front patio extends approximately 60 feet, while covered patios at the rear open to a block- and wire-fenced yard. Each residence has its own wide concrete driveway with capacity for four or more cars.

Tenants are in place; leases end February 1, after which they become month-to-month. Side-yard areas offer room for potential additions, subject to applicable approvals.

Key Highlights

  • Three 935‑square‑foot units, each with 2 bedrooms and 1 bathroom
  • 13,460‑square‑foot corner lot with mountain views
  • Individual wide concrete driveways accommodate 4+ cars per unit

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 85648, AZ

20,720
Population
7,425
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
215.4 sq mi
ZIP Area
96
Density / Sq Mi
$63,672
Median Household Income
$39,705
Median Earnings
$1,049
Median Rent
$213,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Triplex - Three brick residences combine individual utility rooms with covered outdoor areas.
Where is this triplex located?
The property is located at 448 Paseo Flamenco Rio Rico, AZ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Three 935‑square‑foot units, each with 2 bedrooms and 1 bathroom; 13,460‑square‑foot corner lot with mountain views; Individual wide concrete driveways accommodate 4+ cars per unit
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved