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    117 33rd St Tucson, AZ 85713-3665

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    117 33rd St Tucson, AZ 85713-3665


    • Apartment buildings
    • 1,332 SF
    • 0.32 lot acres
    Off-Market
    Last Sale May 19, 2023
    $699,999
    Property ID
    US07-0190874
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 117 33rd St

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Property size
    1,332 SF
    Property type
    Apartment buildings
    APN
    118-25-1770
    APU
    118251770

    Description

    This exceptional 7-unit apartment building in Tucson, Arizona, presents a compelling investment opportunity. Located at 117 E 33rd St, this property boasts a strong 7.61% capitalization rate and a current NOI of $64,658.20. The 3,375 square foot building, constructed in 1963, features a desirable mix of unit sizes: four 2-bedroom units, two 1-bedroom units, and one studio apartment. Currently enjoying 100% occupancy, this property offers immediate cash flow. The solid block construction promises low maintenance, and ample parking is provided with 12 spaces. The property sits on APN 118-25-177 and is zoned SR2. Its convenient location near the university, airport, and interstates, coupled with its walkable neighborhood, ensures strong tenant demand. The asking price of $849,900 translates to an attractive price per square foot of $251.82 and under $123,000 per unit. This well-maintained property represents a rare opportunity to acquire a high-performing multifamily asset in a thriving Tucson market. The building consists of three structures.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $770,000
      ML approach
      $790,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.968
    Latitude
    32.1958
    CBSA code
    46060
    CBSA name
    TUCSON, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,774
    $90
    $63,105
    $63,195
    -
    $502
    $350,583
    $351,085
    More about this property
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