440 Paseo Flamenco

Rio Rico, AZ 85648

$327,000
Last Sold Price
8
Beds
3,748 Sq. Ft.
$87 / Sq. Ft.
3,748
Sq. Ft.
$87
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 7/6/22
Closed 7/6/22

Description

If you were looking for a great investment opportunity, look no further. This apartment complex has four units. The first unit is a stand alone home with a garage, the second and third units are a duplex each with a carport, and the forth unit is also a stand alone. The units have established tenants/rents. The property is conveniently located near schools and shopping centers.If you were looking for a great investment opportunity, look no further. This apartment complex has four units. The first unit is a stand alone home with a garage, the second and third units are a duplex each with a carport, and the forth unit is also a stand alone. The units have established tenants/rents. The property is conveniently located near schools and shopping centers.
  1. Listed by Jose De La Luz Ugarte • Brokerage DRE #LC634213003 • eXp Realty
    P: (888)-897-7821 az.broker@exprealty.net

Property Details for 440 Paseo Flamenco

Subdivision Name
Rio Rico Villas
View
Residential
Zoning
SCC - MF
LISTING CLOSED: 07/06/2022 12:00 AM

Property Details for 440 Paseo Flamenco

StatusClosed
MLS #22212562
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1988
Lot Size0.09 AC / 3,748 SF
CountySanta Cruz County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of eXp Realty

Sold By OMNI Homes International

Add your commute

Building Information for 440 Paseo Flamenco

Stories-Residences4Year Built1988Building Size-Lot Size0.09 AC / 3,748 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$1,979 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,662

Property Taxes

$317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 440 Paseo Flamenco

Summary
Location and General Information
  • Directions: Take Exit 22 (Peck Canyon) on I-19. Take the frontage Road until you reach N. Paseo Flamenco.
  • FEMA Flood Zone 2: TBD
  • Fire Protection: Included in Taxes
  • Landscape - Front: Decorative Gravel, Desert Plantings, Shrubs
  • Landscape - Rear: Decorative Gravel, Desert Plantings, Shrubs
  • Latitude: 31.487975
  • Longitude: -111.011104
  • MLS Area Major: SCC-Rio Rico West
  • MLS Area Minor: SCC-Rio Rico West
  • Municipal Flood Zone: No
  • Senior Community: No
  • Township: 22
Taxes and HOA
  • Comparable Only Listing: No
  • Parcel Number: 124-02-074
  • Tax Legal Description: SUB RIO RICO VILLAS UNIT NO.13 LOT 74 OF BLK 645
  • Tax Year: 2020
  • Taxes: $2,203
  • Taxes For: Dwelling & Land
School Information
  • Elementary School: Mountain View Elementary
  • High School: Rio Rico High School
  • High School District: Santa Cruz Valley United School District #35
  • Middle Or Junior School: Calabasas Middle School
Parking
  • Driveway - Paved: Asphalt
  • Parking Total: 8.0
Property
Lot Information
  • CCRs: Yes
  • Lot Features: Decorative Gravel, Shrubs, Hillside Lot
  • Lot Size Acres: 0.71
  • Lot Size Area: 0.71
  • Lot Size Dimensions: Irregular
  • Lot Size Price Per Sq Ft: $92
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3748.0
  • Lot Size Units: Acres
  • Public Survey Range: 13.0
  • Public Survey Section: 28
  • Road Responsibility: County
  • Road Surface Type: Paved
Farm Information
  • Horse Facilities: No
Property and Assessments
  • Age Restrictions 3: No
  • Deed Restrictions 4: No
  • Building Area Total: 3748.0
  • Construction Status: Existing
  • Living Area: 3748.0
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Style - Other: Other
  • Year Built: 1988
Building Features
  • Attached Detached: Detached
  • Construction Materials: Wood Frame, Stucco
Utilities
  • Cable TV: Tenant
  • Electric Company: Unisource
  • Gas: Propane
  • Sewer: Sewer Connected
  • Technology: Cable TV, High Speed Internet, Telephone
  • Utilities Paid - Electric: Tenant
  • Utilities Paid - Gas: Tenant
  • Utilities Paid - Insurance: Tenant
  • Utilities Paid - Landscaping: Owner
  • Utilities Paid - Sewer: Tenant
  • Utilities Paid - Taxes: Owner
  • Utilities Paid - Trash: Tenant
  • Utilities Paid - Water: Tenant
  • Water Company: Liberty Utilities
Interior and Exterior Features
Interior Features
  • Appliances: Electric Range, Refrigerator
  • Bathroom Features: Dual Sinks/Hall
  • Breakfast: Area
  • Cooling: Heat Pump
  • Dining Areas: Dining in LR/GR
  • Dining Room: Area
  • Flooring: Carpet, Ceramic Tile
  • Has Cooling: Yes
  • Has Heating: Yes
  • Heating: Heat Pump, Propane
  • Interior Features: Smoke Detector
  • Kitchen Features: Electric Range, Refrigerator
  • Laundry - Other: Room
  • Living Areas: Great Room
  • Water Heater: Electric
  • Window Covering: Stay
Exterior Features
  • Community Features: Street Lights
  • Fencing: Block
  • Roof: Shingle
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $2,750
  • Gross Scheduled Income: $2,750
  • Insurance Expense: $100
  • Net Operating Income: $2,650
  • Operating Expense: $100
Unit Information
Unit 1
  • Floor: 1st
  • Furnished: No
  • Monthly Rent: 800
  • Number of Beds: 2
  • Number of Full Baths: 2
  • Occupancy: Yes
  • Parking: Garage
  • Sq Ft: 1080
  • Stories: Single
Unit 2
  • Floor: 1st
  • Furnished: No
  • Monthly Rent: 650
  • Number of Beds: 2
  • Number of Full Baths: 2
  • Occupancy: Yes
  • Parking: Carport
  • Sq Ft: 884
  • Stories: Single
Unit 3
  • Floor: 1st
  • Furnished: No
  • Monthly Rent: 700
  • Number of Beds: 2
  • Number of Full Baths: 1
  • Occupancy: Yes
  • Parking: Carport
  • Sq Ft: 884
  • Stories: Single
Unit 4
  • Floor: 1st
  • Furnished: No
  • Monthly Rent: 600
  • Number of Beds: 2
  • Number of Full Baths: 1
  • Occupancy: Yes
  • Parking: On Property
  • Sq Ft: 900
  • Stories: Single
Rental
Rent Information
  • Expenses % of Gross: 3.64%
  • Expense per Sqft: $0
  • Figures Presented: Actual
  • Gross Rent Multi: $118.91
Tenant Information
  • Occupant Type: Tenant

Property History for 440 Paseo Flamenco

DateEvent & SourcePriceAppreciation
Jul 6, 2022

Sold

MLS of Southern Arizona #22212562

$327,000—
Jun 29, 2022

Sold (Public Record)

Public Record #1493528914

$327,000

+20.0% / yr

May 27, 2022

Pending

MLS of Southern Arizona #22212562

—
DateEvent & SourcePrice
07/06/2022

Sold

MLS of Southern Arizona #22212562

$327,000
06/29/2022

Sold (Public Record)

Public Record #1493528914

$327,000

+20.0% / yr

05/27/2022

Pending

MLS of Southern Arizona #22212562

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 440 Paseo Flamenco

Taxable ValueLand$2,473Additions$29,978Total$32,451
Tax Record2025$3,809 ($317 / month)
Home Facts
Total Finished SqFt1,080 SqFtAbove Grade Finished SqFt1,080 SqFtStories1Lot Size30,906 SqFtStyleDuplexYear Built1988CountySANTA CRUZAPN124-02-074

Schools near 440 Paseo Flamenco

This home is within Santa Cruz Valley Unified District.
Rating
School
Type
Grades
Distance
Mountain View School
Public - K to 5
Coatimundi Middle School
Public - 6 to 8
Rio Rico High School
Public - 9 to 12
San Cayetano Elementary School
Public - K to 5
Rating
School
Distance
Mountain View School
PublicK to 5

Coatimundi Middle School
Public6 to 8

Rio Rico High School
Public9 to 12

San Cayetano Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
442 Paseo Flamenco, Rio Rico, AZ 85648
–
3
2
2,171
0.32
438 Paseo Flamenco, Rio Rico, AZ 85648
–
3
2
1,495
0.69
436 Paseo Flamenco, Rio Rico, AZ 85648
–
3
2
1,206
0.67
444 Paseo Flamenco, Rio Rico, AZ 85648
$144,000
3
2
1,235
0.74
433 Paseo Flamenco, Rio Rico, AZ 85648
–
3
2
1,123
0.24

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass and its related brokerages are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.