Well-Maintained Quadplex
138 W District Street, Tucson, AZ 85714
New
MULTI_FAMILY - Ranch - Tucson, AZ
Type:Single Family Residence
Property size:
3,737 SFLot size:
0.32 AcresPrice / SF:
$145/SF- Added:
- Jul 1, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 1 at 6:06 pm
Property Features for 138 W District Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Tucson - R2
- Parking
- 6
- Patio and Porch features
- Patio
- Exterior features
- Courtyard
- Fencing
- Chain Link
- Accessibility
- Accessible Doors
- Appliances
- Electric Range, Disposal
- Standard status
- Active
- APN
- 120-07-207A
- Size
- 3,737 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- From Parcel:001010010 /National City Lots 16 & 17 Blk 15
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1952
- Number of units
- 4
- Flooring type
- Tile - Ceramic, Carpet
- Building materials
- Block
- Roof type
- Built-Up
- Architectural style
- Ranch
Listing agent Rebecca Ann Crane (855) 450-0442
Listing office Real Broker 3707 E Southern Ave, #1074, Mesa, AZ (602) 755-3415
Listing date Jul 1, 2026
MLS# 22616313
Listing URL
Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Quadruplex built in 1952 with ranch architectural style
- Unit mix: two 2‑bedroom, 1‑bath units; one 2‑bedroom, 2‑bath unit; one 3‑bedroom, 1‑bath unit
- Block construction with built‑up roof
- Each unit features tile‑ceramic flooring with carpet in select areas
- Amenities include private patios, courtyard area, and accessible doors
- Utilities and comfort: natural gas heating, central air cooling, and ceiling fans; public water and chain‑link fencing
Overview
This well-maintained quadplex offers four residential units with a practical, mixed bedroom configuration. The tenant mix includes two 2-bedroom, 1-bath units, one 2-bedroom, 2-bath unit, and one 3-bedroom, 1-bath unit. Interior finishes include durable tile flooring throughout, with carpeting in select areas. Kitchens are functional with ample counter space and built-in appliances. Several units also feature private patios, providing dedicated outdoor space, and the property includes dedicated parking for everyday convenience. The overall property size is 3,737 square feet on a 0.32-acre lot.
Located at 138 W District Street in Tucson, Arizona 85714, the property is zoned R2 (Tucson - R2). The surrounding area is described as close to restaurants, shopping centers, parks, schools, and other local amenities, supporting tenant access to everyday services.
For buyers seeking a straightforward residential income property, this quadplex’s unit mix and in-unit features—patios, built-in appliances, and designated parking—create a solid basis for residential renting across multiple household sizes. Its configuration can help broaden tenant appeal while keeping the overall property as a single managed asset. The combination of maintained condition and covered parking and outdoor space is designed to support comfortable day-to-day living for residents.
Located at 138 W District Street in Tucson, Arizona 85714, the property is zoned R2 (Tucson - R2). The surrounding area is described as close to restaurants, shopping centers, parks, schools, and other local amenities, supporting tenant access to everyday services.
For buyers seeking a straightforward residential income property, this quadplex’s unit mix and in-unit features—patios, built-in appliances, and designated parking—create a solid basis for residential renting across multiple household sizes. Its configuration can help broaden tenant appeal while keeping the overall property as a single managed asset. The combination of maintained condition and covered parking and outdoor space is designed to support comfortable day-to-day living for residents.
Local 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 | $65.0k | $17.40 |
| − Vacancy | −$5.2k | −$1.39 |
| EGI | $59.8k | $16.01 |
| − OpEx | −$17.9k | −$4.80 |
| NOI | $41.9k | $11.21 |
3,737 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$598.2K
$523.4K – $697.9K
NOI $41,875 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$548.6K
$480.0K – $640.0K
NOI $38,399 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$970.8K
$849.4K – $1.13M
NOI $67,955 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.970705
- Latitude
- 32.174349
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four rental units with private patios, built-in appliances, and designated parking for tenant-ready, low-turnover living.
Where is this quadplex located?
The property is located at 138 W District Street Tucson, AZ.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Quadruplex built in 1952 with ranch architectural style; Unit mix: two 2‑bedroom, 1‑bath units; one 2‑bedroom, 2‑bath unit; one 3‑bedroom, 1‑bath unit; Block construction with built‑up roof
