$525,000

1330 E Broadway Blvd Tucson, AZ 85719

Iron Horse Neighborhood

Estimated payment $3,292/month

Total Views 3,144
-- Bed
-- Bath
1,845 Sq Ft
$285 Price per Sq Ft

Highlights

  • Ranch Style House
  • No HOA
  • Brick or Stone Mason
  • Sam Hughes Elementary Rated 10
  • Eat-In Kitchen
  • Living Room

About This Home

Fantastic Triplex Investment Opportunity minutes from the U of A, Downtown & 4th Ave. This unique multi-unit property offers a 2 bed +1 bath with an attached 1 bed + 1 bath, along with a stand alone studio. The 2/1 recent updates include renovated bathroom, new tile throughout, refrigerator & gas stove. This unit is currently vacant & ready to be rented. The 1/1 is leased through April. The Studio is on a month to month lease. Property is fenced with corrugated metal for privacy off of Broadway. Access to parking is through the back ally off Highland with 5 (possibly 7 depending on size of vehicle) covered parking spaces. Laundry is on property in locked storage room for Tennant Only access. Each unit has it's own separate entrance. The property is a prime location close to U of A... shopping, dining & transit with excellent rental income potential in a high demand area. Don't miss this opportunity to own this Versatile Gem in the heart of Central Tucson!!
The 2 units that are tenant occupied require 48 hour notice to show. This property is MUST SEE! Rents shown for 2/1 are estimated as it is vacant. Rents for 1/1 & studio are actual with current leases.

Listing Agent

Sara Hersha

Engel & Volkers Tucson Listed on: 10/03/2025

Engel & Volkers Tucson

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 86 Sq Ft Lot
  • Property fronts an alley
  • Chain Link Fence

Home Design

  • Triplex
  • Ranch Style House
  • Brick or Stone Mason
  • Built-Up Roof
  • Metal Roof
  • Lead Paint Disclosure

Interior Spaces

  • Shower Only in Secondary Bathroom
  • 1,845 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Carport
  • Driveway

Schools

  • Sam Hughes Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Shed
  • Ground Level

Listing and Financial Details

  • $2,232 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Building Details

  • Insurance Expense $2,258
  • Maintenance Expense $375
  • Professional Management Expense $3,318
  • Water Sewer Expense $1,662
  • New Taxes Expense $2,232
  • Operating Expense $10,454
  • Gross Income $33,180
  • Net Operating Income $22,726

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Unit Info Average Monthly Rent One Bedroom: 650.0
  • Unit Info Average Monthly Rent Two Bedroom: 1400.0
  • Unit Info Average Monthly Rent Studios: 600.0
  • Horses: No
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • CapRate: 4.33
  • Professional Management Expense: 3318.0
  • Supplies Expense: 375.0
  • Co List Office Mls Id: 51620
  • Co List Office Phone: 520-954-5800
  • Co List Office Mls Id: 51620
  • Subdivision Name: University Heights
  • Special Features: None

Interior Features

  • Interior Steps: No
  • Appliances: Electric Range, Gas Range, Refrigerator

Exterior Features

  • Roof: Built-Up - Reflect, Metal
  • View: Residential
  • Construction Type: Brick
  • Other Structures: Shed(s)
  • Patio And Porch Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Other, Storage, Dryer Included, Washer Included
  • Cooling: Ceiling Fan(s), Central Air
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Capital Expenses: 608.45
  • Expenses Figures Presented: Proforma
  • Expenses Maintenance Supplies: 375.0
  • Expenses Taxes Assessments: 2232.04
  • Annual Water Sewer Expense: 1662.4

Schools

  • Junior High Dist: TUSD
  • Middle Or Junior School: Mansfeld

Lot Info

  • Lot Features: Adjacent to Alley, North/South Exposure, Subdivided, Decorative Gravel
  • Lot Size Sq Ft: 86.0
  • Zoning: Tucson - C1

Building Info

  • Year Built: 1952

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2025
  • New Taxes Expense: 2232.04

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33180.0
  • Insurance Expense: 2258.0
  • Property Net Operating Income: 22726.11
  • Annual Operating Expense: 10453.89

MLS Schools

  • Elementary School: Sam Hughes
  • High School: Tucson

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $525,000 -- $285 / Sq Ft
Source: MLS of Southern Arizona

Source: MLS of Southern Arizona

MLS Number: 22525813

MLS of Southern Arizona
Arizona Pima County Tucson 85719 Iron Horse

1330 E Broadway Blvd, Tucson, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS of Southern Arizona The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Ten-X are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.

Nearby Homes
Listing Agent
Sara Hersha
Section Image
Engel & Volkers Tucson
(520) 702-5649