Fourplex Residential Income
For Sale
$545,000
3931 E Paseo Dorado, Tucson, AZ 85711
MULTI_FAMILY - Ranch - Tucson, AZ
Property Size1,810 SF
Lot Size0.18 Acres
Price / SF$301.10
Days on Market8
Property Features for 3931 E Paseo Dorado
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Tucson - R1
Appliances
Electric Range
Subdivision
San Gabriel
Lot features
Decorative Gravel, Subdivided
Elementary school
Lineweaver
Middle school
Vail
High school
Rincon
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Directions
Broadway and Alvernon, south to Paseo Dorado, east to address
Standard status
Active
APN
126-17-1350
Size
1,810 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
From Parcel:001010010 /San Gabriel E54' Lot 11 Blk 9
Legal Description
From Parcel:001010010 /San Gabriel E54' Lot 11 Blk 9
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1946
Number of units
4
Flooring type
Tile - Ceramic
Building materials
Masonry Stucco
Roof type
Built-Up
Architectural style
Ranch
Listing Agency:
United Real Estate Specialists
(520) 612-7422
Listed By:
Victor J Cabibo · License #SA669203000
(973) 934-2100
Added: Jul 24
Last Checked: Jul 31 at 6:06PM
MLS# 22618145
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 quadruplex offers four rental units, including three air-conditioned studio units and one two-bedroom home. The two-bedroom unit includes central heating and cooling.
Located in Tucson on a 0.18-acre lot, the property is near shopping, Randolph Park, and the University of Arizona. Please do not disturb tenants.
The current configuration provides a mix of studio and two-bedroom layouts within a single fourplex building, offering straightforward income diversification on one parcel.
Located in Tucson on a 0.18-acre lot, the property is near shopping, Randolph Park, and the University of Arizona. Please do not disturb tenants.
The current configuration provides a mix of studio and two-bedroom layouts within a single fourplex building, offering straightforward income diversification on one parcel.
Key Highlights
- Quadruplex built in 1946 with ranch architecture, masonry stucco exterior, and built‑up roof
- Unit mix includes three air‑conditioned studio units and one 2‑bedroom home
- Central air and natural gas forced‑air heating across the property
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 | $31.5k | $17.40 |
| − Vacancy | −$2.5k | −$1.39 |
| EGI | $29.0k | $16.01 |
| − OpEx | −$8.7k | −$4.80 |
| NOI | $20.3k | $11.21 |
1,810 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.7K
$253.5K – $338.0K
NOI $20,282 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$265.7K
$232.5K – $310.0K
NOI $18,598 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$470.2K
$411.4K – $548.6K
NOI $32,914 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,320
Businesses Nearby
Explore this area
Business Placement
Demographics for 85711, AZ
41,518
Population
19,774
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,828
Density / Sq Mi
$52,358
Median Household Income
$35,130
Median Earnings
$1,001
Median Rent
$248,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadruplex with three air-conditioned studio units and one two-bedroom home in Tucson.
Where is this quadplex located?
The property is located at 3931 E Paseo Dorado Tucson, AZ.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Quadruplex built in 1946 with ranch architecture, masonry stucco exterior, and built‑up roof; Unit mix includes three air‑conditioned studio units and one 2‑bedroom home; Central air and natural gas forced‑air heating across the property
