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1302 N Dodge Boulevard, Tucson, AZ, 85716
Solid Block 3-Plex Residential Income

1302 N Dodge Boulevard Tucson, AZ 85716

For Sale
$369,000

MULTI_FAMILY - Ranch - Tucson, AZ

Property Size1,699 SF
Lot Size0.16 Acres
Price / SF$217.19
Days on Market78

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
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

Utilities

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

Building Details

Year built 1946
Number of units 3
Flooring type Carpet, Vinyl
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: Jul 24 Last Checked: Jul 28 at 4:06AM
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 for-sale 3-plex features a mix of layouts, including a 2/1 unit, a 1/1 unit, and a detached 1/1. The property is built with solid block construction. Updates include newer HVAC, flooring, and cabinets. Each unit has its own A/C and heat, along with separate laundry hook-ups, supporting resident convenience while keeping unit operations distinct. The property is currently tenant occupied.

Located in central Tucson, the building is described as about a 10-minute drive from the University of Arizona and roughly two blocks from a bus line. The area is also noted as being close to The Loft theater, Whole Foods, and a variety of restaurants and coffee shops.

For buyers seeking a straightforward residential income property, this configuration provides three separate units with in-unit heating and cooling and dedicated laundry connections. With updates already completed and all units equipped similarly for comfort and day-to-day use, the asset may fit investors and owner-operators looking for a manageable multi-unit setup within Tucson’s R2 zoning.

Key Highlights

  • Solid block construction 3‑plex in central Tucson
  • Unit mix: 2/1, 1/1, and a detached 1/1
  • Each unit has A/C and heating plus separate laundry hook‑ups

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 $29.6k $17.40
− Vacancy −$2.4k −$1.39
EGI $27.2k $16.01
− OpEx −$8.2k −$4.80
NOI $19.0k $11.21
1,699 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$272.0K
$238.0K – $317.3K (±1% cap)
NOI $19,038 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$249.4K
$218.2K – $291.0K (±1% cap)
NOI $17,458 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$441.4K
$386.2K – $514.9K (±1% cap)
NOI $30,895 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Florist Law Firm Computer & Electronic Repair

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Three rental units with individual A/C, separate laundry hook-ups, and newer interior updates in a block-built structure.
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 $369,000.
What are key features of this property?
This property features: Solid block construction 3‑plex in central Tucson; Unit mix: 2/1, 1/1, and a detached 1/1; Each unit has A/C and heating plus separate laundry hook‑ups
More about this property
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