Brick Triplex with Unit
1328 E Adams St, Tucson, AZ 85719
For Sale
$579,000
Three units include a three-bedroom home, one-bedroom apartment, and leased studio with separately metered electric service.
Property Size1,899 SF
Price / SF$304.90
Days on Market104
Property Features for 1328 E Adams St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Utilities to Site
Building Details
Year Built
Buildings
Construction
Tenancy
Listing Agency:
Long Realty
Listed By:
Eliza Landon Dray · License AZ SA665514000
(520) 990-6485
Source:
Wowrealestate
Added: Aug 2
Changed: Nov 11
Last Checked: Oct 7 at 1:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long Realty
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Investment Insights
Based on property information with market context.
This brick triplex contains a three-bedroom, one-bath main residence, a one-bedroom unit, and a studio. The primary unit offers private laundry, a covered patio, concrete floors, and remodeled kitchen and bathroom areas. The one-bedroom unit is vacant, while the studio has an existing lease. Electric service is separately metered for each unit.
Recent property work includes HVAC updates in 2020 for the main unit and in 2021 for the studio and one-bedroom unit, along with a roof replacement in 2025, upgraded electrical panels, and a metal fence installed in 2026 to separate the yards. Parking includes a two-car carport and three additional spaces. The property is within walking distance of the College of Medicine and law school and is near major employers, the University of Arizona, and Banner medical facilities.
Recent property work includes HVAC updates in 2020 for the main unit and in 2021 for the studio and one-bedroom unit, along with a roof replacement in 2025, upgraded electrical panels, and a metal fence installed in 2026 to separate the yards. Parking includes a two-car carport and three additional spaces. The property is within walking distance of the College of Medicine and law school and is near major employers, the University of Arizona, and Banner medical facilities.
Key Highlights
- Three‑unit layout with a 3‑bedroom, 1‑bath main residence, 1‑bedroom unit, and studio
- Studio has an existing lease; the 1‑bedroom unit is currently vacant
- HVAC systems updated in 2020 and 2021 by unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,279
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,580
$425.6K
Cap Rate 7%
$303,986
$304.0K
Cap Rate 9%
$236,433
$236.4K
Market Conditions
NOI Build-Up for 1,899 SF
Gross rent
$33.0K $17.40/SF
− Vacancy
−$2.6K −$1.39/SF
EGI
$30.4K $16.01/SF
− OpEx
−$9.1K −$4.80/SF
NOI
$21.3K $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%
$425,580
Cap Rate 7%
$303,986
Cap Rate 9%
$236,433
Alternative Uses
Best Use
Multifamily LT 5
$304.0K
$266.0K – $354.7K
NOI $21,279 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$278.8K
$243.9K – $325.2K
NOI $19,513 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$493.3K
$431.7K – $575.5K
NOI $34,532 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,348
Businesses Nearby
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Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Tucson, AZ
Properties on Market for Triplexes in Tucson
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three units include a three-bedroom home, one-bedroom apartment, and leased studio with separately metered electric service.
Where is this triplex located?
The property is located at 1328 E Adams St Tucson, AZ.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Three‑unit layout with a 3‑bedroom, 1‑bath main residence, 1‑bedroom unit, and studio; Studio has an existing lease; the 1‑bedroom unit is currently vacant; HVAC systems updated in 2020 and 2021 by unit
