Turnkey Renovated Fourplex
2876-2882 N Edith Boulevard Tucson, AZ 85716
New
2876-2882 N Edith Boulevard, Tucson, AZ, 85716
$799,000
For Sale
$799,000
MULTI_FAMILY - Contemporary - Tucson, AZ
Property Size3,702 SF
Lot Size0.13 Acres
Price / SF$215.83
Days on Market7
Property Features for 2876-2882 N Edith Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Tucson - R2
- Parking
- 8
- Appliances
- Gas Range, Dishwasher
- Standard status
- Active
- APN
- 11106391B
- Size
- 3,702 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GRANADA PARK RESUB OF S2 OF BLOCK 2 & BLOCKS 4 5 6 & 7 S50' OF N100' OF LOT 5 BLK 7 (11272/1560 TWO legals
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1964
- Number of units
- 4
- Flooring type
- Tile - Ceramic
- Building materials
- Brick
- Roof type
- Built-Up
- Architectural style
- Contemporary
Listing Agency
Real Broker
(602) 755-3415
3707 E Southern Ave, #1074, Mesa, AZ
Listed by
Andrew L Fitzpatrick
(520) 207-0903
Added: Jul 10 Checked: Jul 16 at 7:06 pm
MLS# 22617063
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 fully renovated fourplex offers four vacant units and a configuration that includes two 2-bedroom, 1-bath units and two 3-bedroom, 1.5-bath units. Renovations include brand-new kitchens with quartz countertops, stainless steel appliances, tile flooring throughout, new windows, new HVAC systems, and a new roof, along with additional upgrades. The property also includes on-site laundry, plus oversized, fully enclosed private yards with the two 3-bedroom units.
The property is located in Tucson, AZ 85716, and is identified as zoned R2. Utilities are separately metered with four gas meters and four electric meters, which can help simplify utility management for the property.
With all units updated and ready for occupancy, this fourplex provides a turnkey setup for an owner-occupant or investor looking to lease immediately.
The property is located in Tucson, AZ 85716, and is identified as zoned R2. Utilities are separately metered with four gas meters and four electric meters, which can help simplify utility management for the property.
With all units updated and ready for occupancy, this fourplex provides a turnkey setup for an owner-occupant or investor looking to lease immediately.
Key Highlights
- Fully renovated fourplex with all four units currently vacant for immediate leasing or owner‑occupant use
- Unit mix: two 2‑bed/1‑bath units and two 3‑bed/1.5‑bath units
- Brand‑new kitchens with quartz countertops and stainless steel appliances, plus tile - ceramic flooring throughout
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 | $64.4k | $17.40 |
| − Vacancy | −$5.2k | −$1.39 |
| EGI | $59.3k | $16.01 |
| − OpEx | −$17.8k | −$4.80 |
| NOI | $41.5k | $11.21 |
3,702 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$592.6K
$518.5K – $691.4K
NOI $41,483 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$543.4K
$475.5K – $634.0K
NOI $38,039 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$961.7K
$841.5K – $1.12M
NOI $67,318 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Renovated fourplex with four vacant units, in-unit upgrades, and separately metered gas and electric services.
Where is this quadplex located?
The property is located at 2876-2882 N Edith Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully renovated fourplex with all four units currently vacant for immediate leasing or owner‑occupant use; Unit mix: two 2‑bed/1‑bath units and two 3‑bed/1.5‑bath units; Brand‑new kitchens with quartz countertops and stainless steel appliances, plus tile - ceramic flooring throughout
