Four-Unit Residential Income
2619 E Prince Road Tucson, AZ 85716
2619 E Prince Road, Tucson, AZ, 85716
$999,900
For Sale
$999,900
MULTI_FAMILY - Contemporary - Tucson, AZ
Property Size4,681 SF
Lot Size0.23 Acres
Price / SF$213.61
Days on Market64
Property Features for 2619 E Prince Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- 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
- 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
Utilities
- Sewer type
- Septic Tank
- Heating system
- Wall Furnace, Floor Furnace
- Cooling system
- Central Air
- Water source
- Public
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
(520) 877-4940
3300 E Sunrise Dr #50, Tucson, AZ
Listed by
Valerie Lovio
(520) 490-0367
Added: May 14 Checked: Jul 16 at 6:06 pm
MLS# 22612422
Listing URL
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 contemporary four-unit residential income property includes four separate rental units and a shared courtyard area. Outdoor amenities include a BBQ area, and on-site laundry is coin-operated with a change machine for tenant convenience. The unit mix consists of a main 4-bedroom, 2.5-bath home, a separate studio unit with 1 bedroom and 1 bathroom, a 2-bedroom/1-bath unit with tile flooring and a private patio, and a fourth unit with 2 bedrooms and 2 bathrooms including a large primary suite with an attached office space.
The property is located in central Tucson on E Prince Road, in Tucson R1 zoning, in the 85716 area. It is positioned across from the Winterhaven neighborhood and is described as having close access to UMC, the University of Arizona, parks, shopping, and dining.
Each unit is served by dedicated off-street parking and carport access, supporting independent tenant arrangements within the shared courtyard and laundry common area.
The property is located in central Tucson on E Prince Road, in Tucson R1 zoning, in the 85716 area. It is positioned across from the Winterhaven neighborhood and is described as having close access to UMC, the University of Arizona, parks, shopping, and dining.
Each unit is served by dedicated off-street parking and carport access, supporting independent tenant arrangements within the shared courtyard and laundry common area.
Key Highlights
- Four separate rental units, including a main 4BR/2.5BA home and three additional units: 1BR/1BA, 2BR/1BA, and 2BR/2BA
- Unit size range: approx. 1,850 SF (main unit), 500 SF (studio unit), 800 SF (2BR/1BA), and 960 SF (2BR/2BA)
- Central Tucson property built in 1954 with Contemporary architecture and Burnt Adobe construction
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 | $81.4k | $17.40 |
| − Vacancy | −$6.5k | −$1.39 |
| EGI | $74.9k | $16.01 |
| − OpEx | −$22.5k | −$4.80 |
| NOI | $52.5k | $11.21 |
4,681 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$749.3K
$655.7K – $874.2K
NOI $52,453 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$687.1K
$601.2K – $801.7K
NOI $48,099 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,121 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four separate rental units with dedicated off-street parking and carport access, plus a shared courtyard and coin laundry.
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 $999,900.
What are key features of this property?
This property features: Four separate rental units, including a main 4BR/2.5BA home and three additional units: 1BR/1BA, 2BR/1BA, and 2BR/2BA; Unit size range: approx. 1,850 SF (main unit), 500 SF (studio unit), 800 SF (2BR/1BA), and 960 SF (2BR/2BA); Central Tucson property built in 1954 with Contemporary architecture and Burnt Adobe construction
