303 & 305 E Palmdale Street, Tucson, AZ 85714
MULTI_FAMILY - Bungalow - Tucson, AZ
- Added:
- Sep 8, 2025
- Days on Market:
- 302
- Last Refresh:
- Jul 6 at 5:06 pm
Property Features for 303 & 305 E Palmdale Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Tucson - R2
- Parking
- 2
- Window features
- Bay Window(s), Garden Window(s)
- Patio and Porch features
- Patio
- Fencing
- Chain Link
- Appliances
- Gas Range, Refrigerator
- Standard status
- Active
- APN
- 120-06-1540
- Size
- 1,709 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Amended Government Heights No 2 Lot 9 Blk 12
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air, Evaporative Cooling
- Water source
- Public
Building Details
- Year built
- 1961
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Block, Masonry Stucco
- Roof type
- Shingle
- Architectural style
- Bungalow
Listing agent Connie J Jackson-Slye (520) 990-0310
Listing office Realty Executives Arizona Territory 6444 E Tanque Verde Rd, Tucson, AZ (520) 314-3255
Listing date Sep 8, 2025
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
- One‑story duplex with block construction and a shingle roof (built 1961)
- Currently leased; one tenant has been leased for more than 30 years
- Gas appliances include a gas range and refrigerator
- Central air plus evaporative cooling
- Ceramic tile flooring
- Patio and chain‑link fencing
Overview
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 | $29.7k | $17.40 |
| − Vacancy | −$2.4k | −$1.39 |
| EGI | $27.4k | $16.01 |
| − OpEx | −$8.2k | −$4.80 |
| NOI | $19.2k | $11.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.96417
- Latitude
- 32.175311
