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Two-Unit Duplex with Fenced Backyard
For Sale
$399,900

3528 N Tucson Boulevard, Tucson, AZ 85716

Residential Income, Southwestern, Tucson, AZ

Property Size1,913 SF
Lot Size0.18 Acres
Price / SF$209.04
Days on Market79

Property Features for 3528 N Tucson Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Tucson - R2
Parking 2
Appliances Electric Range, Dishwasher
Subdivision Winter Fair (1-18)
Lot features North/ South Exposure
Elementary school Cragin
Middle school Doolen
High school Catalina
Elementary school district TUSD
Middle school district TUSD
High school district TUSD
Directions From Prince go S on Tucson Blvd to address on left.
Standard status Active
APN 112-08-027A
Size 1,913 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WINTER FAIR LOT 27 & S3' OF LOT 28
Legal Description WINTER FAIR LOT 27 & S3' OF LOT 28

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

fenced backyard
washer/dryer hookups

Building Details

Year built 1972
Number of units 2
Flooring type Vinyl, Carpet
Building materials Frame - Stucco
Roof type Built-Up
Architectural style Other
Listing Agency: Realty One Group Integrity
Listed By: Courtney Seely
Added: Aug 6 Changed: Oct 20 Last Checked: Oct 23 at 1:06PM
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.

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 (±1% cap)
NOI $21,436 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$280.8K
$245.7K – $327.6K (±1% cap)
NOI $19,657 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$497.0K
$434.8K – $579.8K (±1% cap)
NOI $34,787 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,703
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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