Two-Unit Duplex with Fenced
3528 N Tucson Boulevard, Tucson, AZ 85716
For Sale
$399,900
Residential Income, Southwestern, Tucson, AZ
Property Size1,913 SF
Lot Size0.18 Acres
Price / SF$209.04
Days on Market97
Property Features for 3528 N Tucson Boulevard
General Information
Property type
Property subtype
Zoning
Parking
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
fenced backyard
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Realty One Group Integrity
(520) 447-5922
Listed By:
Courtney Seely · License AZ SA700701000
(520) 906-0769
Added: Aug 6
Changed: Oct 31
Last Checked: Nov 10 at 8:06AM
MLS# 22619119
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.
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Investment Insights
Based on property information with market context.
This frame-and-stucco duplex contains two well-maintained residences, each offering 2 bedrooms, 1 bath, a full kitchen, two walk-in closets in every bedroom, and a laundry closet with washer and dryer hookups. Combined building area is 1,913 square feet on a 0.18-acre lot. Each kitchen includes an electric range, refrigerator, and dishwasher. Vinyl and carpet flooring, forced-air heating, central air, and a built-up roof are part of the existing improvements. One HVAC system was replaced and the roof was recoated in June 2026; the water heater was installed in 2022.
The property is currently fully rented, with one residence scheduled to become available in November 2026 and the other leased through April 2027. Zoned Tucson - R2, the duplex is near the University of Arizona, Winterhaven, shopping, dining, and major commuter routes. Public water serves the property, and each unit has a fenced backyard.
The property is currently fully rented, with one residence scheduled to become available in November 2026 and the other leased through April 2027. Zoned Tucson - R2, the duplex is near the University of Arizona, Winterhaven, shopping, dining, and major commuter routes. Public water serves the property, and each unit has a fenced backyard.
Key Highlights
- Two 2‑bedroom, 1‑bath units totaling 1,913 square feet
- Fully rented; one unit available in November 2026 and the other leased through April 2027
- 0.18‑acre lot with a fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,436
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,720
$428.7K
Cap Rate 7%
$306,229
$306.2K
Cap Rate 9%
$238,178
$238.2K
Market Conditions
NOI Build-Up for 1,913 SF
Gross rent
$33.3K $17.40/SF
− Vacancy
−$2.7K −$1.39/SF
EGI
$30.6K $16.01/SF
− OpEx
−$9.2K −$4.80/SF
NOI
$21.4K $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%
$428,720
Cap Rate 7%
$306,229
Cap Rate 9%
$238,178
Alternative Uses
Best Use
Multifamily LT 5
$306.2K
$268.0K – $357.3K
NOI $21,436 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$280.8K
$245.7K – $327.6K
NOI $19,657 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$497.0K
$434.8K – $579.8K
NOI $34,787 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,703
Businesses Nearby
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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
$300,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tucson, AZ
Properties on Market for Duplexes in Tucson
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with two-bedroom residences, private outdoor space, and owner-occupant flexibility.
Where is this duplex located?
The property is located at 3528 N Tucson Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units totaling 1,913 square feet; Fully rented; one unit available in November 2026 and the other leased through April 2027; 0.18‑acre lot with a fenced backyard
