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Ranch Triplex with Updates
For Sale
$309,000

1302 N Dodge Boulevard, Tucson, AZ 85716

Residential Income, Ranch, Tucson, AZ

Property Size1,699 SF
Lot Size0.16 Acres
Price / SF$181.87
Days on Market148

Property Features for 1302 N Dodge Boulevard

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Tucson - R2
Parking 3
Patio and Porch features Patio
Appliances Electric Range, Gas Range
Subdivision Speedway Park
Lot features East/ West Exposure
View City
Elementary school Wright
Middle school Doolen
High school Catalina
Elementary school district TUSD
Middle school district TUSD
High school district TUSD
Directions Speedway/Dodge, North to property address
Standard status Active
APN 122-18-2010
Size 1,699 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Speedway Park S60' Lot 5 Blk 10
Legal Description Speedway Park S60' Lot 5 Blk 10

Utilities

Heating system Natural Gas, Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Amenities

central a/c and heat
washer/dryer
washer/dryer hookups

Building Details

Year built 1946
Number of units 3
Flooring type Vinyl, Carpet
Building materials Block
Roof type Built-Up
Architectural style Ranch
Additional Structures Kennel/Dog Run
Listing Agency: Tierra Antigua Realty
Listed By: Carlos Taplin
Added: May 12 Changed: Oct 3 Last Checked: Oct 6 at 5:06PM
MLS# 22612291

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 ranch-style triplex at 1302 N Dodge Boulevard contains 1,699 square feet on a 0.16-acre lot. Built in 1946, the property features solid block construction, central air conditioning, forced-air heating, vinyl and carpet flooring, a built-up roof, and a patio. Two units include washer and dryer equipment, while the third has available hookups. Electric and gas ranges are present, along with public water service.

The property is located in Tucson near the University of Arizona, Loft Theater, Whole Foods, restaurants, and coffee shops. It is within walking distance of the bus line and close to the 3rd Street bike path. Zoning is Tucson - R2, and off-street parking is available on the site.

Key Highlights

  • Three‑unit ranch property with 1,699 square feet of building area
  • Situated on a 0.16‑acre lot in Tucson - R2 zoning
  • Solid block construction; built in 1946

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,038
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,760 $380.8K
Cap Rate 7%
$271,971 $272.0K
Cap Rate 9%
$211,533 $211.5K
Market Conditions
NOI Build-Up for 1,699 SF
Gross rent
$29.6K $17.40/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$27.2K $16.01/SF
− OpEx
−$8.2K −$4.80/SF
NOI
$19.0K $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%
$380,760
Cap Rate 7%
$271,971
Cap Rate 9%
$211,533

Alternative Uses

Best Use
Multifamily LT 5
$272.0K
$238.0K – $317.3K (±1% cap)
NOI $19,038 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$249.4K
$218.2K – $291.0K (±1% cap)
NOI $17,458 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$441.4K
$386.2K – $514.9K (±1% cap)
NOI $30,895 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Florist Law Firm Carpet & Flooring 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,131
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?
Triplex - Block-built three-unit property with central air, laundry connections, patio space, and off-street parking.
Where is this triplex located?
The property is located at 1302 N Dodge Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Three‑unit ranch property with 1,699 square feet of building area; Situated on a 0.16‑acre lot in Tucson - R2 zoning; Solid block construction; built in 1946
More about this property
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