3127 N Fontana Avenue, Tucson, AZ 85705 (MLS# 22524455)

3127 N Fontana Avenue, Tucson, AZ 85705

$2,300,000
Property Type: Commercial Square Footage: 6,746 Lot Size (sq. ft.): 63 Status: Active
Current Price: $2,300,000 List Date: 9/19/2025 Last Modified: 9/30/2025

Description

Listing price reflects the sale of both 3127 and 3134 N Fontana (24 Units Total). This 3127 N Fontana property can be sold separately but the owner prefers to sell both 3127 and 3134 N Fontana as one single transaction. The same owner is also selling 219 E Delano and 2432 N Balboa and so a purchase of the entire portfolio (53 units) is possible and actually preferred. This 327 N Fontana property is fully stabilized with the ability to add amenities (w/d) and increase rents. It contains a total of 13 units, consisting of a separate fully detached building (13th unit) and 12 recently upgraded one-bedroom units across from each other (two buildings) with a cute and inviting central courtyard, exterior spaces and a drive path to individual covered parking spaces.

More Information MLS# 22524455

Address Information

Country: USA Street #: 3127 Direction: N Street Name: Fontana Suffix: Avenue State/Province: AZ Zip Code: 85705 County: Pima

Location, Tax & Legal

Tax Year: 2024 Taxes: 4141 Taxes For: Building & Land Legal Description: CORONADO HEIGHTS LOT 6 BLK 4 Municipality/Zoning: Tucson - R2 Fire Protection: None FEMA Flood Zone: No Municipal Flood Zone: No Tax Code: 107-11-0700 Area: Central

Contract Information

Method of Title: Fee (Simple) Short Sale: No Current Price: $2,300,000 List Price: $2,300,000 Listing Date: 2025-09-19 Status: Active

Showing Information

Directions: Fort Lowell & Stone, east on Fort Lowell, right on Fontana to property on the right.

General Property Information

Property Sub-Type: Apartment Construction Status: Existing # Units: 13 Lot Dimensions: 300' x 120' Lot Acres: 0.83 Total Parking: 20 Lot Sqft: 36000 Multi-Tenant: Yes Lot Size Source: Assessor Source of SqFt: Assessor List Price/SqFt: 340.94 Lot Size Price/SqFt: 63.89 Year Built: 1953 Combined SqFt: 6746

Electric

Electric Company: TEP

Gas

Natural: 1

Construction

Concrete Block: 1

Sewer

Connected: 1

Unit Information

Apartment: Low Rise

Apartment Unit Information

# of Units/1 BR: 12 # of Units/Other: 1

Roof

Built-Up: 1

Water

Public: 1

Fence

Block: 1 Chain Link: 1 Wrought Iron: 1

Road Type

Paved: 1

Main Cooling

Central Air: 1 Evaporative Cooling: 1

Main Heating

Forced Air: 1 Natural Gas: 1

Water Heater

Electric: 1

Terms

Cash: 1 Conventional: 1 Submit: 1

Submit With Offer

Proof of Funds: 1

Landscape - Front

Decorative Gravel: 1 Low Care: 1

Landscape - Rear

Decorative Gravel: 1 Low Care: 1

Parking

# Covered Parking: 11

Property Disclosures

Lead Based Paint: 1

Remarks Misc

Geo Lat: 32.263976 Geo Lon: -110.968328

Income

Net Opp Income: 140175.23

Property Features

Construction: Concrete Block Roof: Built-Up Main Cooling: Central Air; Evaporative Cooling Main Heating: Forced Air; Natural Gas Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Fence: Block; Chain Link; Wrought Iron Landscape - Front: Decorative Gravel; Low Care Landscape - Rear: Decorative Gravel; Low Care Road Type: Paved Terms: Cash; Conventional; Submit Submit With Offer: Proof of Funds Property Disclosures: Lead Based Paint
Listing Office: Equilibrium Realty
Last Updated: September - 30 - 2025
3127 N Fontana Avenue, Tucson, AZ 85705- MLS# 22524455
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