Quadplex with Mixed Unit
For Sale
$499,000
3931 E Paseo Dorado, Tucson, AZ 85711
Residential Income, Ranch, Tucson, AZ
Property Size1,810 SF
Lot Size0.18 Acres
Price / SF$275.69
Days on Market99
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
Additional Details
Tenant in Place
Yes
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
Amenities
air conditioning
central heating and cooling
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 #37834
(520) 240-8988
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 30 at 6:06AM
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.
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Investment Insights
Based on property information with market context.
This 1,810-square-foot quadplex contains three air-conditioned studio units and one two-bedroom home. The residential improvements feature masonry stucco construction, ceramic tile flooring, a built-up roof, and a ranch-style design dating to 1946. Heating is provided by natural gas and forced air, while cooling includes central air. An electric range is included, and the property is served by public water.
The 0.18-acre property is located in Tucson near shopping, Randolph Park, and the University of Arizona. Zoning is Tucson - R1. The four-unit configuration provides a combination of studio and two-bedroom residential layouts within one income-property asset.
The 0.18-acre property is located in Tucson near shopping, Randolph Park, and the University of Arizona. Zoning is Tucson - R1. The four-unit configuration provides a combination of studio and two-bedroom residential layouts within one income-property asset.
Key Highlights
- Four‑unit layout with three studio apartments and one 2‑bedroom home
- 1,810 square feet on a 0.18‑acre parcel
- Tucson - R1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,282
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,640
$405.6K
Cap Rate 7%
$289,743
$289.7K
Cap Rate 9%
$225,356
$225.4K
Market Conditions
NOI Build-Up for 1,810 SF
Gross rent
$31.5K $17.40/SF
− Vacancy
−$2.5K −$1.39/SF
EGI
$29.0K $16.01/SF
− OpEx
−$8.7K −$4.80/SF
NOI
$20.3K $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%
$405,640
Cap Rate 7%
$289,743
Cap Rate 9%
$225,356
Alternative Uses
Best Use
Multifamily LT 5
$289.7K
$253.5K – $338.0K
NOI $20,282 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$265.7K
$232.5K – $310.0K
NOI $18,598 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$470.2K
$411.4K – $548.6K
NOI $32,914 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Income property with three studio units and a separate two-bedroom residence in a masonry stucco ranch-style building.
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 $499,000.
What are key features of this property?
This property features: Four‑unit layout with three studio apartments and one 2‑bedroom home; 1,810 square feet on a 0.18‑acre parcel; Tucson - R1 zoning
