Triplex with Separate
For Sale
$480,000
1330 E Broadway Boulevard, Tucson, AZ 85719
Ranch, Other - Tucson, AZ
Property Size1,845 SF
Lot Size0.14 Acres
Price / SF$260.16
Days on Market32
Property Features for 1330 E Broadway Boulevard
General Information
Property type
Other
Property subtype
Triplex
Parking
5
Interior features
Storage, High Speed Internet
Appliances
Dryer, Range, Range - Gas, Refrigerator
Subdivision
University Heights
Elementary school
Sam Hughes
Middle school
Mansfeld
High school
Tucson
Directions
West on Broadway from Campbell. South on Highland. Turn West on the alley behind Ramiro's Taco Shop. Triplex will be on your Right.
Standard status
Active
APN
124-12-0400
Size
1,845 SF
Lot size
0.14 Acres
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
1952
Flooring type
Tile, Tile - Ceramic
Roof type
Built-Up, Metal
Architectural style
Ranch
Listing Agency:
Engel & Völkers Tucson
(520) 201-0000
Listed By:
Sara E Hersha
Added: Jul 2
Changed: Jul 15
Last Checked: Aug 2 at 3:06AM
MLS# 22525813
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex investment property offers three separate units with individual entrances: a 2 bed + 1 bath layout and an attached 1 bed + 1 bath configuration, plus a stand-alone studio. The 2/1 unit has recent updates that include a renovated bathroom, new tile flooring, and kitchen appliances such as a refrigerator and gas stove. The fenced property includes privacy fencing made of corrugated metal, and there is on-site laundry housed in a locked storage room for tenant-only access.
Parking is accessed through a back alley off Highland and includes five covered spaces, with the potential for up to seven depending on vehicle size. The 2/1 unit is currently vacant and ready to rent. The 1/1 unit is leased through April, while the studio operates on a month-to-month lease. Tenant-occupied units require 48 hours’ notice to show.
The property is located near the University of Arizona and Downtown/4th Ave, with proximity to shopping, dining, and transit.
Parking is accessed through a back alley off Highland and includes five covered spaces, with the potential for up to seven depending on vehicle size. The 2/1 unit is currently vacant and ready to rent. The 1/1 unit is leased through April, while the studio operates on a month-to-month lease. Tenant-occupied units require 48 hours’ notice to show.
The property is located near the University of Arizona and Downtown/4th Ave, with proximity to shopping, dining, and transit.
Key Highlights
- Triplex with separate entrances for the 2BD+1BA, 1BD+1BA, and standalone studio units
- 2BD+1BA recently updated with renovated bathroom and new ceramic tile flooring; includes refrigerator and gas range
- 2BD+1BA unit is currently vacant and ready to rent; 1BD+1BA is leased through April; studio is on a month‑to‑month lease
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.1k | $17.40 |
| − Vacancy | −$2.6k | −$1.39 |
| EGI | $29.5k | $16.01 |
| − OpEx | −$8.9k | −$4.80 |
| NOI | $20.7k | $11.21 |
1,845 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.6K
NOI $20,674 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$270.8K
$237.0K – $316.0K
NOI $18,958 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$479.3K
$419.4K – $559.2K
NOI $33,550 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex property includes a 2 bed unit, 1 bed unit, and separate studio, each with its own entrance.
Where is this triplex located?
The property is located at 1330 E Broadway Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Triplex with separate entrances for the 2BD+1BA, 1BD+1BA, and standalone studio units; 2BD+1BA recently updated with renovated bathroom and new ceramic tile flooring; includes refrigerator and gas range; 2BD+1BA unit is currently vacant and ready to rent; 1BD+1BA is leased through April; studio is on a month‑to‑month lease
