TUCSON, AZ — 243 E University LLC purchased a five-unit Historic West University multifamily property at 243 E. University Blvd. in Tucson from ReDesign by Blaser LLC for $1.092 million.
The transaction closed April 8, 2026. The sale price equates to approximately $218,400 per unit and $416 per square foot based on 2,624 square feet.
The property is located in Tucson’s West University area near the University of Arizona, Fourth Avenue and downtown Tucson. Built in 1906, the masonry property includes five residential units on approximately 0.27 acres. The unit mix includes one single-family residence of approximately 912 square feet with two bedrooms and one bathroom, along with an apartment building totaling approximately 1,712 square feet with four one-bedroom, one-bath units.
The property is zoned HR-3, historic high-density residential, and is located within Tucson’s central submarket.
Denice Osbourne with Long Realty listed the property. Daniel W. Reichardt with Genesis Real Estate & Management represented the buyer.
For more information, Osbourne should be contacted at 520.909.6592 and Reichardt is at 520.390.1270.
Source: RED Comp 12411