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    Tucson Triplex Investment Opportunity Title is generated by Realmo AI

    Tucson, AZ 85711, Tucson, AZ 85711

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    Claim this Listing
    For Sale
    $299,000

    MULTI_FAMILY - Ranch - Tucson, AZ

    Type:Single Family Residence
    Property size:
    1,744 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $171/SF
    Added:
    Mar 18, 2026
    Days on Market:
    111
    Last Refresh:
    Jul 6 at 10:06 pm

    Property Features

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    Tucson - R3
    Parking
    3
    Interior features
    Kitchen Island, Cathedral Ceiling(s)
    Fencing
    Chain Link
    Appliances
    Double Sink, Electric Range, Water Purifier, Refrigerator
    Standard status
    Active
    APN
    131-08-0010
    Size
    1,744 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    San Paulo Village Lot 1 Blk 1

    Utilities

    Heating system
    Natural Gas, Propane (Heating), Forced Air
    Cooling system
    Window Unit(s), Evaporative Cooling
    Water source
    Public

    Building Details

    Year built
    1952
    Number of units
    3
    Flooring type
    Tile - Ceramic
    Building materials
    Slump Block
    Roof type
    Shingle, Membrane
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Vickie Vic J Jacobs

    Listing agent Vickie Vic J Jacobs

    Listing office Tierra Antigua Realty 1650 E River Rd Suite 202, Tucson, AZ

    Listing date Mar 18, 2026

    MLS# 22607216

    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

    • Triplex with a 2 bed/1 bath main house plus an east 1 bed/1 bath unit and a west 1 bed/1 bath studio
    • All leases are month to month; owner pays utilities with a shared meter
    • New single roof installed in 2024
    • Ranch‑style construction built in 1952
    • Covered porch with washer/dryer hook‑up
    • Kitchen features include a kitchen island and double sink; includes refrigerator and electric range

    Overview

    This property presents an investment opportunity with a triplex located in Tucson, Arizona. The property includes a main house featuring 2 bedrooms and 1 bathroom, an east unit with 1 bedroom and 1 bathroom, and a west unit that is a 1 bedroom and 1 bathroom studio. All leases are month to month. The owner is responsible for covering the utilities, which are managed through a shared meter. A new single roof was installed in 2024. The units are partially furnished. The property includes a covered porch with washer and dryer hook-ups. The lot size is 0.2 acres, and the property size is 1744 square feet. The zoning is Tucson - R3.

    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 $30.3k $17.40
    − Vacancy −$2.4k −$1.39
    EGI $27.9k $16.01
    − OpEx −$8.4k −$4.80
    NOI $19.5k $11.21
    1,744 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $279.2K
    $244.3K – $325.7K (±1% cap)
    NOI $19,543 @ 7.0% cap · market cap 6.54%
    Second Best
    Apartment 5plus
    $256.0K
    $224.0K – $298.7K (±1% cap)
    NOI $17,920 @ 7.0% cap · market cap 5.99%
    Theoretical Best
    Office A
    $453.0K
    $396.4K – $528.6K (±1% cap)
    NOI $31,713 @ 7.0% cap · market cap 10.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.885
    Latitude
    32.2154

    FAQs

    What type of property is this?
    Triplex - Triplex with month-to-month leases, new roof, partially furnished.
    Where is this triplex located?
    The property is located at Tucson, AZ.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Triplex with a 2 bed/1 bath main house plus an east 1 bed/1 bath unit and a west 1 bed/1 bath studio; All leases are month to month; owner pays utilities with a shared meter; New single roof installed in 2024
    More about this property
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