Triplex with Separate
For Sale
$339,900
4402-4406 E Pima St, Tucson, AZ 85712
Three two-bedroom residences occupy a block-constructed property with individual entrances and on-site parking.
Property Size2,250 SF
Lot Size0.21 Acres
Price / SF$151.07
Days on Market11
Property Features for 4402-4406 E Pima St
General Information
Standard status
Active
Size
2,250 SF
Lot size
0.21 Acres
Property subtype
Multi-Family
Zoning
R-2
Property Condition
Severity
Repairs Needed
Evidence
rehab
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Additional Details
Road Access
Yes
Building Details
Year Built
1979
Construction
block
Listing Agency:
Long Realty
Listed By:
Tyler Lopez lopez@mlslisting.net
Source:
Thetucsonhomefinder
Added: Oct 5
Changed: Oct 13
Last Checked: Oct 14 at 11:30PM
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 Long Realty
Investment Insights
Based on property information with market context.
This Tucson triplex contains three 2-bedroom, 1-bath units within 2,250 square feet of block construction. The building dates to 1979 and sits on a 9,100-square-foot R-2 corner lot. Each residence has a separate entry, and on-site parking is provided. The property is offered as-is, with month-to-month tenants.
The site is at the corner of Pima and Catalina, minutes from the University of Arizona, Banner UMC, and the Speedway Corridor. Flood Zone AE is disclosed.
The site is at the corner of Pima and Catalina, minutes from the University of Arizona, Banner UMC, and the Speedway Corridor. Flood Zone AE is disclosed.
Key Highlights
- Three units, each with 2 bedrooms and 1 bathroom
- 2,250‑square‑foot building on a 9,100‑square‑foot R‑2 corner lot
- Block construction; built in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,213
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,260
$504.3K
Cap Rate 7%
$360,186
$360.2K
Cap Rate 9%
$280,144
$280.1K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$39.2K $17.40/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$36.0K $16.01/SF
− OpEx
−$10.8K −$4.80/SF
NOI
$25.2K $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%
$504,260
Cap Rate 7%
$360,186
Cap Rate 9%
$280,144
Alternative Uses
Best Use
Multifamily LT 5
$360.2K
$315.2K – $420.2K
NOI $25,213 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$330.3K
$289.0K – $385.3K
NOI $23,119 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$584.5K
$511.4K – $681.9K
NOI $40,915 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,520
Businesses Nearby
Explore this area
Business Placement
Demographics for 85712, AZ
33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom residences occupy a block-constructed property with individual entrances and on-site parking.
Where is this triplex located?
The property is located at 4402-4406 E Pima St Tucson, AZ.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; 2,250‑square‑foot building on a 9,100‑square‑foot R‑2 corner lot; Block construction; built in 1979
