3-Unit Residential
New
For Sale
$288,000
Tucson, AZ 85711, Tucson, AZ 85711
Residential Income, Ranch, Tucson, AZ
Property Size1,744 SF
Lot Size0.20 Acres
Price / SF$165.14
Days on Market3
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Tucson - R3
Parking
3
Interior features
Kitchen Island, Cathedral Ceiling(s)
Fencing
Chain Link
Appliances
Double Sink, Electric Range, Water Purifier, Refrigerator
Lot features
Corner Lot, North/ South Exposure
Elementary school
Wheeler
Middle school
Vail
High school
Palo Verde
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Subdivision
San Paulo Village
Standard status
Active
Size
1,744 SF
Lot size
0.20 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Utilities
Heating system
Propane (Heating), Forced Air, Natural Gas
Cooling system
Evaporative Cooling, Window Unit(s)
Water source
Public
Amenities
covered porch with washer/dryer hook up
Building Details
Year built
1952
Number of units
3
Flooring type
Tile - Ceramic
Building materials
Slump Block
Roof type
Shingle, Membrane
Architectural style
Ranch
Listing Agency:
Tierra Antigua Realty
(520) 544-2335
Listed By:
Vickie Vic J Jacobs
(520) 331-3044
Added: Oct 30
Last Checked: Nov 1 at 6:06PM
MLS# 22626430
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 1,744-square-foot triplex on a 0.2-acre lot contains a 2-bedroom, 1-bath main house and two additional units: an east-side 1-bedroom, 1-bath unit and a west-side studio with 1 bedroom and 1 bath. The property was built in 1952 with slump block construction and has a roof installed in 2024. A covered porch has washer and dryer hookups, and the units are partially furnished.
All three leases are month to month. Utilities are paid by the owner, with service on a shared meter. The property is zoned Tucson - R3 and is located in Tucson, Arizona.
All three leases are month to month. Utilities are paid by the owner, with service on a shared meter. The property is zoned Tucson - R3 and is located in Tucson, Arizona.
Key Highlights
- Three units: a 2‑bedroom, 1‑bath main house and two 1‑bedroom, 1‑bath units
- 1,744 square feet on a 0.2‑acre lot
- Roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,543
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,860
$390.9K
Cap Rate 7%
$279,186
$279.2K
Cap Rate 9%
$217,144
$217.1K
Market Conditions
NOI Build-Up for 1,744 SF
Gross rent
$30.3K $17.40/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$27.9K $16.01/SF
− OpEx
−$8.4K −$4.80/SF
NOI
$19.5K $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%
$390,860
Cap Rate 7%
$279,186
Cap Rate 9%
$217,144
Alternative Uses
Best Use
Multifamily LT 5
$279.2K
$244.3K – $325.7K
NOI $19,543 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$256.0K
$224.0K – $298.7K
NOI $17,920 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$453.0K
$396.4K – $528.6K
NOI $31,713 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,614
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Month-to-month leases are in place, and the owner covers utilities through a shared meter.
Where is this triplex located?
The property is located at Tucson, AZ.
What is the asking price?
The asking price for this property is $288,000.
What are key features of this property?
This property features: Three units: a 2‑bedroom, 1‑bath main house and two 1‑bedroom, 1‑bath units; 1,744 square feet on a 0.2‑acre lot; Roof installed in 2024
