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    Well-Maintained Tucson Triplex For Sale Title is generated by Realmo AI

    447 E 35th Street, Tucson, AZ 85713

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    Claim this Listing
    For Sale
    Under Contract
    $275,000

    MULTI_FAMILY - Bungalow - Tucson, AZ

    Property size:
    2,081 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $132/SF
    Added:
    May 17, 2026
    Days on Market:
    35
    Last Refresh:
    Jun 20 at 4:06 pm

    Property Features for 447 E 35th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    South Tucson - SR1
    Parking
    4
    Interior features
    Walk-In Closet(s)
    Fencing
    Chain Link
    Appliances
    Dishwasher
    Standard status
    Active Under Contract
    APN
    118-26-1900
    Size
    2,081 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    From Parcel:001010010 /Homeland Lot 19 Blk 7

    Utilities

    Heating system
    Forced Air
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1945
    Number of units
    3
    Flooring type
    Concrete
    Building materials
    Burnt Adobe
    Roof type
    Rolled Hot Mop
    Architectural style
    Bungalow

    We can help!

    Listing Contact
    Rozalia A Adams

    Listing agent Rozalia A Adams

    Listing office Realty Executives Arizona Territory 6444 E Tanque Verde Rd, Tucson, AZ

    Listing date May 17, 2026

    MLS# 22612701 Listing URL

    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.

    HighLights

    • Great Investment Opportunity: Current rental income of $2,950/month plus $240/month for water, sewer, and trash.
    • Well‑maintained triplex featuring two 2‑bed/1‑bath units and one 1‑bed/1‑bath unit.
    • Separate electric and gas meters for each unit, tenants pay their own utilities.
    • Recent updates include new water heaters, newer windows, and brand‑new window AC units.
    • Units #1 and #3 have been renovated.
    • Washer and dryer on site to convey.

    Overview

    This well-maintained triplex is for sale, featuring two units with two bedrooms and one bathroom each, and one unit with one bedroom and one bathroom. The current rental income is $2,950 per month, with an additional $240 per month collected for water, sewer, and trash. All leases are month-to-month. The property includes three separate electric and gas meters, with tenants responsible for their own utilities. The owner pays for water, sewer, and trash through the City of Tucson. Recent updates include new water heaters, newer windows, and brand-new window AC units installed last year. Units #1 and #3 have been renovated. The roof was sealed last year. A washer and dryer on site will convey with the property. The property is located in Tucson, Arizona, and is zoned South Tucson - SR1. The lot size is 0.17 acres, and the property size is 2081 square feet.

    Local 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 $32.0k $15.36
    − Vacancy −$2.6k −$1.23
    EGI $29.4k $14.13
    − OpEx −$8.8k −$4.24
    NOI $20.6k $9.89
    2,081 SF · lease $15.36/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $294.1K
    $257.3K – $343.1K (±1% cap)
    NOI $20,585 @ 7.0% cap · market cap 7.49%
    Second Best
    Apartment 5plus
    $271.3K
    $237.4K – $316.6K (±1% cap)
    NOI $18,993 @ 7.0% cap · market cap 6.91%
    Theoretical Best
    Office A
    $509.4K
    $445.8K – $594.3K (±1% cap)
    NOI $35,660 @ 7.0% cap · market cap 12.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.962314
    Latitude
    32.193772

    FAQs

    What type of property is this?
    Triplex - Triplex with rental income, separate meters, and recent updates.
    Where is this triplex located?
    The property is located at 447 E 35th Street Tucson, AZ.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Great Investment Opportunity: Current rental income of $2,950/month plus $240/month for water, sewer, and trash.; Well‑maintained triplex featuring two 2‑bed/1‑bath units and one 1‑bed/1‑bath unit.; Separate electric and gas meters for each unit, tenants pay their own utilities.
    More about this property
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