238 W 33rd Street, Tucson, AZ 85713
MULTI_FAMILY - Ranch - Tucson, AZ
- Added:
- May 11, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 7 at 5:06 am
Property Features for 238 W 33rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Tucson - SR1
- Parking
- 8
- Exterior features
- Barbecue, Courtyard
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 118-24-0460
- Size
- 2,183 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- From Parcel:001010010 /Home Lot 12 Blk 21
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Number of units
- 4
- Flooring type
- Tile - Ceramic
- Building materials
- Frame - Stucco
- Roof type
- Built-Up
- Architectural style
- Ranch
Listing agent Calvin Case License #BR526589000 (520) 406-0000
Listing office OMNI Homes International 7445 N Oracle Rd Ste 201, Tucson, AZ (520) 474-1777
Listing date May 11, 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
- 4‑plex with one 3BR/2BA unit, one studio, and two 1‑bedroom units
- Renovations within the past 5 years include updated electrical and plumbing
- Newer dual pane windows and newer doors, hardware, and fixtures
- HVAC is less than 5 years old; central air with forced‑air, natural gas heating
- Tile‑ceramic flooring and built‑up roof; frame‑stucco exterior
- Fully leased property with public water; chain‑link fencing, courtyard, and barbecue
Overview
The property is located at 238 W 33rd Street in Tucson, AZ 85713, within SR1 zoning. The lot size is listed at 0.15 acres, with a total property size of 2,183 square feet.
For buyers seeking a small multifamily asset with a diversified residential unit mix, this 4-plex offers a straightforward configuration and a recently updated building envelope and systems. The property is currently described as fully leased, which may appeal to tenants, owner-operators, and investors looking for an income-producing residential setup with documented recent improvements. Seller will entertain offers within the range stated in the remarks.
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 | $33.5k | $15.36 |
| − Vacancy | −$2.7k | −$1.23 |
| EGI | $30.8k | $14.13 |
| − OpEx | −$9.3k | −$4.24 |
| NOI | $21.6k | $9.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.972552
- Latitude
- 32.195777
