Remodeled Triplex With Private
For Sale
Under Contract
$459,000
3028-3032 E Presidio Road, Tucson, AZ 85716
MULTI_FAMILY - Ranch - Tucson, AZ
Property Size2,243 SF
Lot Size0.21 Acres
Price / SF$204.64
Days on Market54
Property Features for 3028-3032 E Presidio Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Tucson - R2
Parking
6
Fencing
Chain Link
Appliances
Electric Range, Dishwasher, Refrigerator
Subdivision
Farmington Addition
Lot features
North/ South Exposure
Elementary school
Blenman
Middle school
Doolen
High school
Sabino
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Directions
Country Club & Ft Lowell, south to Presidio, west to driveway on the left, south to property
Standard status
Active Under Contract
APN
112-04-406K
Size
2,243 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
From Parcel:11204406H /Irr Pcl In Nw4 Se4 Ne4 Ne4 .21 Ac Sec 32-13-14
Legal Description
From Parcel:11204406H /Irr Pcl In Nw4 Se4 Ne4 Ne4 .21 Ac Sec 32-13-14
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1979
Number of units
3
Flooring type
Tile - Ceramic, Vinyl
Building materials
Block
Roof type
Built-Up
Architectural style
Ranch
Listing Agency:
Realty Executives Arizona Territory · Realty Executives International
(520) 877-4940
Listed By:
David J Walsh
(520) 591-1736
Added: Jun 10
Changed: Jul 30
Last Checked: Aug 2 at 4:06AM
MLS# 22614693
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 well-maintained triplex features three residential units: two 2/1 units and one 1/1 unit. Both 2/1 units have been remodeled, and the 1/1 unit is occupied by a long-term tenant. Each unit includes central A/C with gas heating, off-street parking, washer/dryer hookups, and a private fenced back yard.
The property is located at the end of a shared driveway, away from traffic, and sits in a quiet surrounding setting. The roof is a TPO roofing system that has just been re-coated, and the building is described as having no deferred maintenance.
One of the 2/1 floor plans is vacant and available for an owner-occupant or new tenant. Drive by only do not disturb the tenants.
The property is located at the end of a shared driveway, away from traffic, and sits in a quiet surrounding setting. The roof is a TPO roofing system that has just been re-coated, and the building is described as having no deferred maintenance.
One of the 2/1 floor plans is vacant and available for an owner-occupant or new tenant. Drive by only do not disturb the tenants.
Key Highlights
- Small multifamily with 3 units: two 2/1 and one 1/1
- Both 2/1 units have been remodeled; 1/1 unit has a long‑term tenant
- Central A/C and natural gas heating in each unit
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 | $39.0k | $17.40 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $35.9k | $16.01 |
| − OpEx | −$10.8k | −$4.80 |
| NOI | $25.1k | $11.21 |
2,243 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$359.1K
$314.2K – $418.9K
NOI $25,134 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$329.2K
$288.1K – $384.1K
NOI $23,047 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$582.7K
$509.8K – $679.8K
NOI $40,787 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,014
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex includes two remodeled 2/1 units and one 1/1 unit with central AC, off-street parking, and fenced back yards.
Where is this triplex located?
The property is located at 3028-3032 E Presidio Road Tucson, AZ.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Small multifamily with 3 units: two 2/1 and one 1/1; Both 2/1 units have been remodeled; 1/1 unit has a long‑term tenant; Central A/C and natural gas heating in each unit
