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1490 E Prospect Lane, Tucson
$3,500,000
7099093 MLS ⋅ 9,352 SqFt.
An extraordinary opportunity to own one of Tucson's most distinctive historic income-producing compounds, generating approximately **$246,000 in annual rental income** with significant additional upside. Behind gated entrances from both Prospect Lane and Limberlost, this unique property features **9 separate residences**, a resort-style pool, mature landscaping, fruit orchards, gardens and approximately **½ acre of undeveloped land with the potential to add up to 12 additional units**. The property offers a diversified income stream through a mix of long-term rentals, short-term rentals and owner-occupied space, while providing exceptional flexibility for a future owner. Continue the current income strategy, expand the existing residential footprint, create a multi-generational fami compound, corporate or executive housing destination, boutique retreat, or explore other potential uses. Unlike a typical multi-unit investment, this is an irreplaceable historic compound where each residence has its own character and identity. Extensive improvements have modernized the property while preserving its historic charm, including central A/C throughout, renovated bathrooms, restored fireplaces, updated roofs, plumbing, electrical, windows and appliances, plus upgraded gates, fencing, parking and the addition of a resort-style pool. With approximately $250,000 in current annualized income, 9 residences, potential for 12 additional units, and a rare combination of historic character, privacy and flexibility**, this is far more than an income property--it is a one-of-a-kind compound with immediate cash flow and exceptional future potential.

1490 E Prospect Lane, Tucson

1490 E Prospect Lane, Tucson
$3,500,000
16 Beds ⋅ 16 Baths ⋅ 7099053 MLS
An extraordinary opportunity to own one of Tucson's most distinctive historic income-producing compounds, generating approximately **$246,000 in annual rental income** with significant additional upside. Behind gated entrances from both Prospect Lane and Limberlost, this unique property features **9 separate residences**, a resort-style pool, mature landscaping, fruit orchards, gardens and approximately **½ acre of undeveloped land with the potential to add up to 12 additional units**. The property offers a diversified income stream through a mix of long-term rentals, short-term rentals and owner-occupied space, while providing exceptional flexibility for a future owner Continue the current income strategy, expand the existing residential footprint, create a multi-generational family compound, corporate or executive housing destination, boutique retreat, or explore other potential uses. Unlike a typical multi-unit investment, this is an irreplaceable historic compound where each residence has its own character and identity. Extensive improvements have modernized the property while preserving its historic charm, including central A/C throughout, renovated bathrooms, restored fireplaces, updated roofs, plumbing, electrical, windows and appliances, plus upgraded gates, fencing, parking and the addition of a resort-style pool. With approximately $250,000 in current annualized income, 9 residences, potential for 12 additional units, and a rare combination of historic character, privacy and flexibility**, this is far more than an income property--it is a one-of-a-kind compound with immediate cash flow and exceptional future potential.

1490 E Prospect Lane, Tucson

805 N 4th Avenue Unit 701, Phoenix
$259,900
1 Beds ⋅ 1 Baths ⋅ 7098947 MLS ⋅ 720 SqFt.
Exceptional Downtown Phoenix value! Offered at $259,900, this beautifully updated 7th floor corner residence at Embassy Condominiums is attractively positioned compared with recent comparable sales. Expansive windows showcase impressive views of the Phoenix skyline, Roosevelt Row and the surrounding historic neighborhoods, while the corner location provides an abundance of natural light. Inside, the home features sleek floor to ceiling cabinetry, butcher block countertops, stainless steel appliances and a remodeled bathroom. The secure building offers assigned gated parking, elevator access, fitness center, resident entertainment space, pool, sun deck, BBQ areas and community laundry. The HOA includes water, sewer, trash, electricity, heating and cooling, offering exceptional... Exceptional Downtown Phoenix value! Offered at $259,900, this beautifully updated 7th floor corner residence at Embassy Condominiums is attractively positioned compared with recent comparable sales. Expansive windows showcase impressive views of the Phoenix skyline, Roosevelt Row and the surrounding historic neighborhoods, while the corner location provides an abundance of natural light. Inside, the home features sleek floor to ceiling cabinetry, butcher block countertops, stainless steel appliances and a remodeled bathroom. The secure building offers assigned gated parking, elevator access, fitness center, resident entertainment space, pool, sun deck, BBQ areas and community laundry. The HOA includes water, sewer, trash, electricity, heating and cooling, offering exceptional... convenience and predictable monthly expenses. Ideally located near Roosevelt Row, Hance Park, light rail, dining, entertainment and everything Downtown Phoenix has to offer. A stylish lock and leave home in the heart of the city!

805 N 4th Avenue Unit 701, Phoenix

1005 N Center Avenue, Casa Grande
$639,000
5 Beds ⋅ 4 Baths ⋅ 7098523 MLS
Exceptional Multifamily Investment; $4,400+ Monthly Gross Rental Income; Expansive Corner Lot. (~20,500+sqft) Discover an outstanding investment opportunity in the heart of Casa Grande! Situated on a generously sized corner lot, this income-producing multifamily property offers the ideal combination of established rental income, desirable tenant amenities, and exciting potential for future expansion. Currently generating $4,400+ in gross monthly rental income, with all units occupied, SEPARATELY METERED this property offers immediate INCOME potential for investors looking to expand their portfolio or capitalize on a versatile real estate asset. Each unit features a private yard, in-unit washer and dryer, stove, and refrigerator, providing convenience, privacy, and outdoor space for residents. The EXPANSIVE DOUBLE LOT opens the door to a variety of possibilities. Explore opportunities for additional storage, vehicle and recreational equipment parking, enhanced outdoor spaces, or potential future development, including additional ADUs or casitas, subject to zoning, permitting, and applicable approvals. Whether your strategy focuses on maintaining existing cash flow, improving the property over time, or exploring additional income-producing possibilities, this property offers flexibility to pursue your INVESTMENT GOALS. Conveniently located near Casa Grande amenities, shopping, dining, and everyday essentials, this is an opportunity to acquire an established multifamily asset with current income and potential long-term upside. Drive-by only. Please do not disturb tenants. Property walkthroughs are available only with an accepted offer. Buyer to verify all information.

1005 N Center Avenue, Casa Grande

2505 N Edgemere Street, Phoenix
$695,000
3 Beds ⋅ 2 Baths ⋅ 7098396 MLS ⋅ 1,417 SqFt.
Rare Coronado Historic District opportunity! Charming 1931 Spanish Colonial Revival home offers 2 beds, 1 bath, coved ceilings, refinished original hardwood floors, built-ins, fireplace, French doors & built-in dining nook. Updated over the years: kitchen w/ stainless appliances, updated electrical panel, replacement windows, added insulation, roof, HVAC & exterior paint. ATTACHED CASITA has its own front entrance & porch, kitchenette, bathroom & large closet. DETACHED STUDIO offers its own porch, kitchenette & bathroom. Explore multigenerational living, guest quarters, workspace or potential rental income. A distinctive BASEMENT CELLAR offers bourbon /wine room, art studio, hobby or storage possibilities. Minutes from downtown Phoenix, restaurants, coffee shops & the Medical District Set in Phoenix's Coronado Historic District, this distinctive property offers historic character, thoughtful updates & flexible spaces, including an attached casita, detached studio & underground cellar. A freshly repainted exterior & welcoming front porch create an inviting first impression. Step inside this Spanish Colonial Revival, two-bedroom, one-bath main home, where a nod to the past is evident in original features beautifully blended with updates for modern living. Built-ins, coved ceilings & recently refinished original hardwood floors bring warmth & character to the interior. A built-in dining nook provides a cozy spot for morning coffee or casual meals, while French doors welcome natural light. The thoughtfully remodeled kitchen features updated cabinetry that complements the home's original style, stainless steel appliances & a five-burner range. Direct backyard access makes it easy to take meals & gatherings outdoors. Enjoy the backyard for entertaining, gardening or relaxing, with an outdoor sink & exterior gas line for a BBQ Grille adding practical features to the space. The attached casita features a separate front entrance & its own cozy porch. Room for living/sleeping , kitchenette, large bathroom and closet . The detached studio with a kitchette/ bathroom adds further flexibility, while a separate storage shed provides room for tools, supplies & seasonal belongings. Explore possibilities for multigenerational living, personal workspace or generating rental income. A dining-room trap door leads to a below-ground cellar--an intriguing feature that recalls the root-cellar tradition of storing produce & preserved foods. This distinctive space adds to the property's historic character & offers additional storage possibilities or upgrade option to bourbon room, art studio or hobby space. Coronado offers plenty of ways to connect with neighbors, from the annual Historically Modern Home Tour & Street Fair to coffee meetups, food truck gatherings & community celebrations. The Coronado Neighborhood Association's shared Tool Shed gives resident members access to tools, yard equipment & event supplies. Plant-sharing programs, Little Free Libraries, neighborhood murals & efforts to develop a future community garden add to the area's creative, community-minded character. Improvements over the years include an updated 200-amp electrical panel, replacement windows installed in 2013, & insulation added to the attic & beneath the floorboards. Additional updates include a roof replacement in 2019, a Trane heating & cooling system installed in 2017, & a gas water heater replaced in 2022.

2505 N Edgemere Street, Phoenix

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