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Renovated Fourplex with Private Yards
For Sale
$774,900

2876-2882 N Edith Boulevard, Tucson, AZ 85716

Residential Income, Contemporary, Tucson, AZ

Property Size3,702 SF
Lot Size0.13 Acres
Price / SF$209.32
Days on Market91

Property Features for 2876-2882 N Edith Boulevard

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Tucson - R2
Parking 8
Appliances Gas Range, Dishwasher
Subdivision Granada Park Resub
Lot features Corner Lot
Elementary school Davidson
Middle school Doolen
High school Catalina
Elementary school district TUSD
Middle school district TUSD
High school district TUSD
Directions Glenn/Country Club, East to Edith, North to address
Standard status Active
APN 11106391B
Size 3,702 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GRANADA PARK RESUB OF S2 OF BLOCK 2 & BLOCKS 4 5 6 & 7 S50' OF N100' OF LOT 5 BLK 7 (11272/1560 TWO legals
Legal Description GRANADA PARK RESUB OF S2 OF BLOCK 2 & BLOCKS 4 5 6 & 7 S50' OF N100' OF LOT 5 BLK 7 (11272/1560 TWO legals

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

on-site laundry
private yards

Building Details

Year built 1964
Number of units 4
Flooring type Tile - Ceramic
Building materials Brick
Roof type Built-Up
Architectural style Contemporary
Listing Agency: Real Broker
Listed By: Andrew L Fitzpatrick
Added: Jul 10 Changed: Sep 8 Last Checked: Oct 8 at 5:06AM
MLS# 22617063

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.

Investment Insights

Based on property information with market context.

This 3,702-square-foot fourplex, built in 1964, contains two 2-bedroom, 1-bath residences and two 3-bedroom, 1.5-bath residences. The units are vacant and have been renovated with quartz kitchen countertops, stainless steel appliances, gas ranges, dishwashers, ceramic tile flooring, new windows, new HVAC systems, and a new built-up roof. Two of the larger residences include enclosed private yards, and the property has an on-site laundry facility.

The 0.13-acre property is located at 2876-2882 N Edith Boulevard in Tucson, Arizona, and is zoned Tucson - R2. Utilities are separately metered, including four gas meters and four electric meters. Additional property features include brick construction, public water, natural-gas heating, and central air conditioning.

Key Highlights

  • 3,702‑square‑foot fourplex with two 2‑bedroom units and two 3‑bedroom units
  • All four units are vacant and renovated with updated kitchens, windows, HVAC systems, flooring, and roof
  • Two 3‑bedroom units include oversized, fully enclosed private yards

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,483
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,660 $829.7K
Cap Rate 7%
$592,614 $592.6K
Cap Rate 9%
$460,922 $460.9K
Market Conditions
NOI Build-Up for 3,702 SF
Gross rent
$64.4K $17.40/SF
− Vacancy
−$5.2K −$1.39/SF
EGI
$59.3K $16.01/SF
− OpEx
−$17.8K −$4.80/SF
NOI
$41.5K $11.21/SF
Area
Tucson, AZ
Vacancy
8.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,660
Cap Rate 7%
$592,614
Cap Rate 9%
$460,922

Alternative Uses

Best Use
Multifamily LT 5
$592.6K
$518.5K – $691.4K (±1% cap)
NOI $41,483 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$543.4K
$475.5K – $634.0K (±1% cap)
NOI $38,039 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$961.7K
$841.5K – $1.12M (±1% cap)
NOI $67,318 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Bakery Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby

Demographics for 85716, AZ

31,521
Population
19,025
Households
1.7
Avg Household Size
39
Median Age
42%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
4,378
Density / Sq Mi
$47,009
Median Household Income
$33,367
Median Earnings
$1,021
Median Rent
$300,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four updated residences include modern kitchens, ceramic tile flooring, central air, and an on-site laundry facility.
Where is this quadplex located?
The property is located at 2876-2882 N Edith Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: 3,702‑square‑foot fourplex with two 2‑bedroom units and two 3‑bedroom units; All four units are vacant and renovated with updated kitchens, windows, HVAC systems, flooring, and roof; Two 3‑bedroom units include oversized, fully enclosed private yards
More about this property
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