631 W 40th St

—
Beds
—
Baths
3,552 Sq. Ft.
$50 / Sq. Ft.
3,552
Sq. Ft.
$50
per Sq. Ft.

Description

Well located Four-plex property in a strong rental area. Perfect for an investor looking for a low care property that provides good return. Each, 888 SF, unit features two bedrooms and one bath and also has a full size kitchen, dining area, and living room. Additionally, each unit has laundry hookup, a covered carport and ample of storage area. The roof was recently replaced and the property was well maintained over the years with room to raise rents.Well located Four-plex property in a strong rental area. Perfect for an investor looking for a low care property that provides good return. Each, 888 SF, unit features two bedrooms and one bath and also has a full size kitchen, dining area, and living room. Additionally, each unit has laundry hookup, a covered carport and ample of storage area. The roof was recently replaced and the property was well maintained over the years with room to raise rents.
  1. Listed by Amos Kardonchik-Koren • Brokerage DRE #LC640973001 • Realty Executives Arizona Territory
    P: (520)-877-4940 tucsonhomes@realtyagent.com

Property Details for 631 West 40th Street

Zoning
Tucson - R2
LISTING UPDATED: 12/06/2024 08:05 PM

Property Details for 631 West 40th Street

StatusClosed
MLS #21307268
Days on Market181
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1986
Lot Size0.29 AC / 12,500 SF
CountyPima County

Location

Listing Courtesy of Realty Executives Arizona Territory

Sold By Russ Lyon Sotheby's International Realty

Add your commute

Building Information for 631 West 40th Street

Stories-Residences-Year Built1986Building Size-Lot Size0.29 AC / 12,500 SF

Payment Calculator

$1,086 per month

30 year fixed, 6.36% Interest

Principal and Interest

$892

Property Taxes

$194

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 631 West 40th Street

Summary
Location and General Information
  • Directions: Head North on 12th Ave to 40th St, W on 40th St to address.
  • Fire Protection: Included in Taxes
  • Latitude: 32.188253
  • Longitude: -110.978611
  • MLS Area Major: South
  • MLS Area Minor: South
  • Township: 14
Taxes and HOA
  • Parcel Number: 119-03-1460
  • Tax Legal Description: Sunset Villa Lots 7 & 8 Blk 18
  • Tax Year: 2012
  • Taxes: $2,350
Property
Lot Information
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Dimensions: 100'X125'
  • Lot Size Price Per Sq Ft: $14
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12500.0
  • Lot Size Units: Acres
  • Public Survey Range: 13.0
  • Public Survey Section: 26
Property and Assessments
  • Building Area Total: 3552.0
  • Living Area: 3552.0
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1986
Utilities
  • Master Water Meter: Yes
  • Sewer: Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Evaporative Cooling
  • Has Cooling: Yes
  • Has Heating: Yes
  • Heating: Forced Air, Natural Gas
Multi Family
Income & Expenses
  • Gross Income: $28,788
  • Gross Scheduled Income: $29,400
  • Insurance Expense: $1,300
  • Net Operating Income: $20,665
  • New Taxes Expense: $2,350
  • Operating Expense: $8,123
  • Supplies Expense: $1,000
  • Water Sewer Expense: $3,473
Rental
Rent Information
  • Average Monthly Rent2 BR: $612.50
  • Expenses % of Gross: 28.22%
  • Expense per Sqft: $2
  • Figures Presented: Actual
  • Gross Rent Multi: $6.22
  • Number of Units2 BR: 4
  • Vacancy Loss: 612.5
  • Vacancy Rate %: 2.08%
Tenant Information
  • Occupant Name: Tenants
  • Occupant Type: Tenant

Property History for 631 West 40th Street

DateEvent & SourcePriceAppreciation
Oct 6, 2013

Sold

MLS of Southern Arizona #21307268

—
Oct 6, 2013

Pending

MLS of Southern Arizona #21307268

—
Oct 3, 2013

Sold

MLS of Southern Arizona #21307268

$179,000—
DateEvent & SourcePrice
10/06/2013

Sold

MLS of Southern Arizona #21307268

—
10/06/2013

Pending

MLS of Southern Arizona #21307268

—
10/03/2013

Sold

MLS of Southern Arizona #21307268

$179,000

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

Public Records for 631 West 40th Street

Taxable ValueLand$90Additions$67,607Total$67,697
Tax Record2025$2,330 ($194 / month)
Home Facts
Total Finished SqFt1,776 SqFtAbove Grade Finished SqFt1,776 SqFtStories1Lot Size12,500 SqFtStyleDuplexYear Built1986CountyPIMAAPN119-03-1460

Schools near 631 West 40th Street

This home is within Tucson Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Mission View Elementary School
PublicPK to 5

Utterback Middle School
Public6 to 8

Pueblo High Magnet School
Public8 to 12

Innovation Tech High School
Public9 to 12

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

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 Realty Executives Arizona Territory

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.