$675,000

248-254 N Melwood Ave Tucson, AZ 85745

$8,016
Closing credit¹
2,976 sqft
0.4 acres
$227 / 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. Units 248 & 250 are leased until 5/31/2026. DO NOT DISTURB TENANTS. Agent/Owner.

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size2,976 sqft
Lot size0.39 Acres
Year built1980
MLS #22513528
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: $675,000
  • Price/SqFt: $226
  • 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: 22513528
  • Office Name: KMS Realty
  • Office Phone: (520) 595-1120

IDXThe 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: 6/22/2025, 5:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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248-254 N Melwood Ave, Tucson, AZ 85745 - rear view of property featuring brick siding, fence, and a gate

$675,000

248-254 N Melwood Ave

$8,016

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,053. The majority of Tucson, AZ residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

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 BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 248-254 N Melwood Ave

The listing price of 248-254 N Melwood Ave property is $675,000.

The property 248-254 N Melwood Ave is a multi located in Tucson, Arizona, 85745.

Active Listing: 248-254 N Melwood Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 248-254 N Melwood Ave are: Davis Bilingual Magnet School (GreatSchools Rating 6/10), Carrillo Intermediate Magnet School (GreatSchools Rating 7/10), Manzo Elementary School (GreatSchools Rating 4/10), Drachman Primary Magnet School (GreatSchools Rating 5/10), Safford Engineering/Technology Magnet Middle School (GreatSchools Rating 1/10), Roskruge Bilingual Magnet Middle School (GreatSchools Rating 4/10), Nosotros Academy (GreatSchools Rating 5/10), City High School (GreatSchools Rating 4/10), Tucson Magnet High School (GreatSchools Rating 7/10).

The property 248-254 N Melwood Ave is 2,976 SqFt (source: MLS/tax record).

The year of construction for 248-254 N Melwood Ave is 1980.

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 May 14, 2025 and is currently priced at $675,000.

The number of homes for sale in Tucson, AZ increased by 47.3% between April and May 2025. While the average time on the market in May 2025 was 71 days, the median list price was $398,376.

From Rocket Homes Real Estate and based on county public records data.

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