Four-Unit Quadplex with
New
For Sale
$949,900
2619 E Prince Road, Tucson, AZ 85716
Residential Income, Contemporary, Tucson, AZ
Property Size4,681 SF
Lot Size0.23 Acres
Price / SF$202.93
Days on Market2
Property Features for 2619 E Prince Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Tucson - R1
Parking
5
Window features
Double Pane Windows, Skylight(s)
Patio and Porch features
Patio
Interior features
Breakfast Bar, Kitchen Island, Walk-In Closet(s)
Exterior features
Barbecue, Courtyard, Fountain
Appliances
Desk, Double Sink, Electric Range, Dishwasher, Disposal
Lot features
Subdivided
Elementary school
Cragin
Middle school
Doolen
High school
Catalina
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Directions
Tucson Blvd and Prince East to Address
Subdivision
Central
Standard status
Active
APN
112-01-073A
Size
4,681 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S184.96' E68' W238' SE4 SW4 NE4 EXC PRINCE RD .23 AC SEC 29-13-14
Legal Description
S184.96' E68' W238' SE4 SW4 NE4 EXC PRINCE RD .23 AC SEC 29-13-14
Utilities
Sewer type
Septic Tank
Heating system
Floor Furnace, Wall Furnace
Cooling system
Central Air
Water source
Public
Amenities
shared courtyard
BBQ area
coin-operated laundry room
change machine
Building Details
Year built
1954
Number of units
4
Flooring type
Tile - Ceramic
Building materials
Burnt Adobe
Roof type
Built-Up
Architectural style
Contemporary
Listing Agency:
Realty Executives Arizona Territory · Realty Executives International
(520) 877-4940
Listed By:
Valerie Lovio
(520) 490-0367
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 7 at 12:06PM
MLS# 22624415
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 4,681-square-foot quadplex contains four rentals with varied layouts. The largest is a 4-bedroom, 2.5-bathroom home measuring approximately 1,850 square feet; the other units are a 1-bedroom, 1-bathroom studio of approximately 500 square feet, a 2-bedroom, 1-bathroom unit of approximately 800 square feet, and a 2-bedroom, 2-bathroom unit of approximately 960 square feet. Shared amenities include a courtyard, barbecue area, and coin-operated laundry with a change machine. Each unit has off-street parking and carport access. The property was built in 1954 and is zoned Tucson - R1.
The site is across from Winterhaven in central Tucson, with the University of Arizona, UMC, parks, shopping, and dining nearby. The 0.23-acre parcel also includes patio space and a fountain.
The site is across from Winterhaven in central Tucson, with the University of Arizona, UMC, parks, shopping, and dining nearby. The 0.23-acre parcel also includes patio space and a fountain.
Key Highlights
- Four rental units with a 4‑bedroom, 2.5‑bathroom home, studio, and two 2‑bedroom units
- 4,681 square feet on a 0.23‑acre parcel
- Coin‑operated laundry room includes a change machine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,453
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,049,060
$1.0M
Cap Rate 7%
$749,329
$749.3K
Cap Rate 9%
$582,811
$582.8K
Market Conditions
NOI Build-Up for 4,681 SF
Gross rent
$81.4K $17.40/SF
− Vacancy
−$6.5K −$1.39/SF
EGI
$74.9K $16.01/SF
− OpEx
−$22.5K −$4.80/SF
NOI
$52.5K $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%
$1,049,060
Cap Rate 7%
$749,329
Cap Rate 9%
$582,811
Alternative Uses
Best Use
Multifamily LT 5
$749.3K
$655.7K – $874.2K
NOI $52,453 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$687.1K
$601.2K – $801.7K
NOI $48,099 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,121 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,375
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four distinct floor plans are complemented by shared laundry facilities and outdoor gathering space.
Where is this quadplex located?
The property is located at 2619 E Prince Road Tucson, AZ.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Four rental units with a 4‑bedroom, 2.5‑bathroom home, studio, and two 2‑bedroom units; 4,681 square feet on a 0.23‑acre parcel; Coin‑operated laundry room includes a change machine
