Quadplex With Private
33023308 3302-3308 E Glenn St, Tucson, AZ 85716
For Sale
$745,000
Four residential units offer central air, private outdoor areas, and shared laundry facilities.
Property Size3,348 SF
Price / SF$222.52
Days on Market54
Property Features for 33023308 3302-3308 E Glenn St
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Amenities
central air
ceiling fans
private patio
common area patio
laundry room
storage sheds
rainwater harvesting
Building Details
Year Built
Listing Agency:
Mac's Pro Real Estate
Listed By:
Amber D Jordan
(520) 336-9565
Source:
Azonthemove
Added: Sep 18
Changed: Oct 25
Last Checked: Oct 7 at 5:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mac's Pro Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property, built in 1960, is configured as a quadplex or two duplex buildings. Each unit includes a great room with dining space, a kitchen equipped with a refrigerator and gas range, spacious bedrooms, central air, and ceiling fans throughout. Private shaded patios provide 600 square feet per unit, while a shared patio connects the buildings to a common laundry room with a washer and dryer.
The property also includes insulated attics, custom gutters, four storage sheds, a storage and laundry room, a small wood shed, and a Rubbermaid tool shed. Four IBC rainwater harvesting containers, passive groundwater harvesting, native and adapted plantings, food crops, pollinator gardens, and soil-rebuilding elements are part of a long-term sustainable rental housing demonstration plan. Located at 3302-3308 E Glenn St in Tucson, the property offers access to Banner UMC, I-10, TMC, the U of A, Tucson Botanical Gardens, parks, restaurants, and shopping.
The property also includes insulated attics, custom gutters, four storage sheds, a storage and laundry room, a small wood shed, and a Rubbermaid tool shed. Four IBC rainwater harvesting containers, passive groundwater harvesting, native and adapted plantings, food crops, pollinator gardens, and soil-rebuilding elements are part of a long-term sustainable rental housing demonstration plan. Located at 3302-3308 E Glenn St in Tucson, the property offers access to Banner UMC, I-10, TMC, the U of A, Tucson Botanical Gardens, parks, restaurants, and shopping.
Key Highlights
- Four‑unit quadplex configured as two duplex buildings
- 600‑square‑foot private shaded patio for each unit
- Central air, ceiling fans, refrigerator, and gas range in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,516
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,320
$750.3K
Cap Rate 7%
$535,943
$535.9K
Cap Rate 9%
$416,844
$416.8K
Market Conditions
NOI Build-Up for 3,348 SF
Gross rent
$58.3K $17.40/SF
− Vacancy
−$4.7K −$1.39/SF
EGI
$53.6K $16.01/SF
− OpEx
−$16.1K −$4.80/SF
NOI
$37.5K $11.21/SF
Area
Tucson, AZ
Vacancy
8.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,320
Cap Rate 7%
$535,943
Cap Rate 9%
$416,844
Alternative Uses
Best Use
Multifamily LT 5
$535.9K
$469.0K – $625.3K
NOI $37,516 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$491.5K
$430.0K – $573.4K
NOI $34,402 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$869.7K
$761.0K – $1.01M
NOI $60,881 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
63
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
$300,900
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Tucson, AZ
Properties on Market for Quadplexes in Tucson
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer central air, private outdoor areas, and shared laundry facilities.
Where is this quadplex located?
The property is located at 33023308 3302-3308 E Glenn St Tucson, AZ.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Four‑unit quadplex configured as two duplex buildings; 600‑square‑foot private shaded patio for each unit; Central air, ceiling fans, refrigerator, and gas range in every unit
