Tucson, AZ 85701, Tucson, AZ 85701
MULTI_FAMILY - Other - Tucson, AZ
- Added:
- Mar 6, 2026
- Days on Market:
- 113
- Last Refresh:
- Jun 27 at 6:06 pm
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Tucson - C3
- Parking
- 3
- Window features
- Bay Window(s)
- Patio and Porch features
- Patio
- Appliances
- Gas Range, Refrigerator
- Standard status
- Active
- APN
- 117-06-219F
- Size
- 3,125 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- From Parcel:11706219B /Tucson W48.4' Lot 9 & 12 Blk 94
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1905
- Number of units
- 3
- Flooring type
- Concrete, Wood
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Christopher L Craven (520) 904-2961
Listing office Realty Executives Arizona Territory 6444 E Tanque Verde Rd, Tucson, AZ (520) 314-3255
Listing date Mar 6, 2026
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
- Triplex with 3 units: Unit 1 is a two‑story 2BD/2BA; Unit 2 is a 2BD/1BA; Unit 3 is a detached studio
- Zoned C3 for residential income and commercial/mixed‑use possibilities
- Year built 1905 with historic‑style features including tall ceilings and large rooms
- New roof and shingle roof system
- Central air cooling and forced‑air heating
- Public water; block construction; wood and concrete flooring; patio on‑site
Overview
Zoned for Tucson-area C3 uses, the property is positioned to support both residential income and a broader range of concepts depending on the intended business plan.
For buyers or operators seeking a small multifamily with distinct unit types, this setup can support straightforward leasing across two-bedroom living options and a detached studio component. With C3 zoning, the property may also appeal to those interested in exploring mixed-use or live/work configurations, subject to applicable requirements.
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 | $54.4k | $17.40 |
| − Vacancy | −$4.3k | −$1.39 |
| EGI | $50.0k | $16.01 |
| − OpEx | −$15.0k | −$4.80 |
| NOI | $35.0k | $11.21 |
Alternative Uses
Current Use by Public Records
Map
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.971
- Latitude
- 32.2167
