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    Income-Producing Triplex Investment Opportunity Title is generated by Realmo AI

    2650 N Haskell Drive, Tucson, AZ 85716

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    For Sale
    $450,000

    MULTI_FAMILY - Contemporary - Tucson, AZ

    Property size:
    3,416 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $131/SF
    Added:
    Dec 22, 2025
    Days on Market:
    146
    Last Refresh:
    May 17 at 1:06 am

    Property Features for 2650 N Haskell Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Tucson - R2
    Parking
    7
    Interior features
    Breakfast Bar
    Exterior features
    Courtyard
    Fencing
    Chain Link
    Standard status
    Active
    APN
    111-08-1970
    Size
    3,416 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    From Parcel:001010010 /Catalina Farms Annex S74.75' N171.75' E143.7' W168.7' Lot 1 Blk 2

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1979
    Number of units
    3
    Flooring type
    Carpet, Tile - Ceramic
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Gregory A Curtis

    Listing agent Gregory A Curtis

    Listing office United Real Estate Specialists 7430 N La Cholla Blvd., TUCSON, AZ

    Listing date Dec 22, 2025

    MLS# 22532353 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.

    HighLights

    • Three separate residences offer income potential or flexible living arrangements.
    • Backyard duplex features two 1‑bedroom, 1‑bath apartments with private entries.
    • Each unit has its own utility meters, private yard, and utility area for independent living.
    • Spacious 2‑bedroom, 2‑bath main house boasts a remodeled kitchen and bonus room.
    • Durable block construction ensures lasting appeal and low maintenance.
    • Ample on‑site parking for residents and guests.

    Overview

    This property presents an investment opportunity with three homes in one, offering income potential. The well-constructed block home includes a duplex in the backyard, making it suitable for investors or owner-occupants seeking supplemental rental income. The property features three separate residences, each designed for privacy and convenience. The main house has a spacious 2-bedroom, 2-bath floorplan, complete with a remodeled kitchen and a bonus room suitable for a home office, media room, or additional living space. The backyard duplex contains two separate 1-bedroom, 1-bath apartments, each with private entries. Each unit has its own utility meters, private yard, and utility area, providing comfort and autonomy for all occupants. Ample on-site parking is available for residents and guests. The durable block construction ensures lasting appeal and low maintenance. The property, located in Tucson, Arizona, sits on a 0.24-acre lot. The property is zoned Tucson - R2. The total property size is 3416 square feet.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $425.3K
    NOI $38,278 @ 9.00% cap · cautious / downside scenario
    Moderate
    $546.8K
    NOI $38,278 @ 7.00% cap · market / base-case scenario
    Aggressive
    $765.6K
    NOI $38,278 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $59.4k $17.40
    − Vacancy −$4.8k −$1.39
    EGI $54.7k $16.01
    − OpEx −$16.4k −$4.80
    NOI $38.3k $11.21
    3,416 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $546.8K
    $478.5K – $638.0K (±1% cap)
    NOI $38,278 @ 7.0% cap · market cap 8.51%
    Second Best
    Apartment 5plus
    $501.4K
    $438.8K – $585.0K (±1% cap)
    NOI $35,100 @ 7.0% cap · market cap 7.80%
    Theoretical Best
    Office A
    $887.4K
    $776.5K – $1.04M (±1% cap)
    NOI $62,118 @ 7.0% cap · market cap 13.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.910642
    Latitude
    32.255657

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    FAQs

    What type of property is this?
    Multifamily property - Three homes in one, ideal for investors or owner-occupants.
    Where is this multifamily property located?
    The property is located at 2650 N Haskell Drive Tucson, AZ.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Three separate residences offer income potential or flexible living arrangements.; Backyard duplex features two 1‑bedroom, 1‑bath apartments with private entries.; Each unit has its own utility meters, private yard, and utility area for independent living.
    (520) 241-0712
    We can help!
    Listing Contact
    Gregory A Curtis
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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