$6,709 Closing Credit¹
#22508275, Listing Office: Morado Canyon Realty
$750,000 List price
248-254 N Melwood Ave Tucson, AZ 85745
$8,906
Closing credit¹
2,976 sqft
0.4 acres
$252 / sqft
Multi-Family
Property details
About 248-254 N Melwood Ave
Incredible investment opportunity. This fully remodeled 4plex is a stone's throw from Tucson's thriving downtown and just a 10 minute drive from the University of Arizona. Each unit is 2BR/1BA all have been fully updated with new flooring, new interior and exterior paint, and new ceiling fans. New kitchens with new cabinets, counters, & new GE stainless steel appliances w/ a gas stove. Fully renovated bathrooms w/new vanity sink and new file. All units have yards. Adjacent 4plex is also for sale. This is a chance to pick up a great turnkey rental investment. Agent/Owner.
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,976 sqft
Lot size0.39 Acres
Year built1980
MLS #22506006
ViewMountain(s)
Summary
- Appliances: Dishwasher, Disposal, Gas Range
- Flooring Type: Vinyl
- Interior: Ceiling Fan(s), Dual Pane Windows
- View: Mountain(s)
- Exterior: None
- Architectural Style: Ranch
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $750,000
- Price/SqFt: $252
- Lot: Corner Lot, North/South Exposure, Subdivision
- Directions: l-10/Congress St-West on Congress St. Right on Melwood Ave, duplexes are on your right - corner Melwood Ave/Park Rd.
- Year Built: 1980
- Living Area: 2,976 SqFt
- Lot Size: 0.39 Acres
- MLS Number: 22506006
- Office Name: KMS Realty
- Office Phone: (520) 595-1120
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 this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 7:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
248-254 N Melwood Ave
$8,906
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Davis Bilingual Magnet School
Public Magnet PK-5
0.7 mi
•500 W Saint Marys Rd
7
Carrillo Intermediate Magnet School
Public Magnet PK-5
0.8 mi
•440 S Main Ave
4
Manzo Elementary School
Public District PK-5
0.9 mi
•855 N Melrose Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,053. Most Tucson, AZ residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
52%
<35k
41%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
11%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
42%
18-34 yrs old
31%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Books-a-Million
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Adult Hits
All data provided by Home Junction and Claritas
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This home is located at 248-254 N Melwood Ave in Tucson, AZ and zip code 85745 in the Ward 1 neighborhood. This 2,976 square foot home, which was built in 1980, sits on a 0.39 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $750,000.
The inventory of homes for sale in Tucson, AZ between March and April 2025 increased by 53.9%. In April 2025 median list price was $399,928 and the average listing age was 70 days.
From Rocket Homes Real Estate and based on county public records data.