Newly Built Triplex with Open
For Sale
$625,000
2310 W Diamond Street, Tucson, AZ 85705
Three-unit property combines a duplex and detached home with modern finishes, private laundry closets, and spray-foam insulation.
Property Size3,524 SF
Price / SF$177.36
Days on Market83
Property Features for 2310 W Diamond Street
General Information
Standard status
Active
Size
3,524 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
Tucson - MU
Net Operating Income
$5,325
Additional Details
Multifamily Units
3
Amenities
stainless steel appliances
tile flooring
laundry closets
white cabinetry
granite countertops
Central Air
Heat Pump
Electric Range, Electric Water Heater
High Speed Internet
Mountain(s)
Southwestern
Building Details
Building Size
3,524 SF
Year Built
2026
Listing Agency:
Engel & Volkers Tucson
Listed By:
Brenden Urias Buono · License #SA704378000
(520) 270-2558
Source:
Evrealestate
Added: Jul 25
Changed: Sep 29
Last Checked: Oct 14 at 10:16PM
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 Engel & Volkers Tucson
Investment Insights
Based on property information with market context.
Scheduled for completion in 2026, this 3,524-square-foot triplex combines a duplex with a separate single-family residence. Each component is arranged around open-concept living areas and includes stainless steel appliances, tile flooring, white cabinetry, granite countertops, and a dedicated laundry closet. Spray-foam insulation is incorporated into the construction for improved energy performance and interior comfort.
The property is located at 2310 W Diamond St in Tucson, Arizona 85705. The layout provides three residential units within one offering, with the physical configuration consisting of two units in the duplex and one standalone home. Four triplexes are available at this location.
The property is located at 2310 W Diamond St in Tucson, Arizona 85705. The layout provides three residential units within one offering, with the physical configuration consisting of two units in the duplex and one standalone home. Four triplexes are available at this location.
Key Highlights
- 3,524‑square‑foot triplex with a duplex plus single‑family home
- New construction with a 2026 build year
- Open‑concept layouts across the three‑unit configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,042
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,840
$680.8K
Cap Rate 7%
$486,314
$486.3K
Cap Rate 9%
$378,244
$378.2K
Market Conditions
NOI Build-Up for 3,524 SF
Gross rent
$52.9K $15.00/SF
− Vacancy
−$4.2K −$1.20/SF
EGI
$48.6K $13.80/SF
− OpEx
−$14.6K −$4.14/SF
NOI
$34.0K $9.66/SF
Area
ZIP 85705
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,840
Cap Rate 7%
$486,314
Cap Rate 9%
$378,244
Alternative Uses
Best Use
Multifamily LT 5
$486.3K
$425.5K – $567.4K
NOI $34,042 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$441.2K
$386.1K – $514.8K
NOI $30,885 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$810.9K
$709.6K – $946.1K
NOI $56,764 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 85705, AZ
56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property combines a duplex and detached home with modern finishes, private laundry closets, and spray-foam insulation.
Where is this triplex located?
The property is located at 2310 W Diamond Street Tucson, AZ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 3,524‑square‑foot triplex with a duplex plus single‑family home; New construction with a 2026 build year; Open‑concept layouts across the three‑unit configuration
