$540,000

Estimated payment $3,094/month

Total Views 1,626
-- Bed
-- Bath
1,937 Sq Ft
$279 Price per Sq Ft

Highlights

  • City View
  • Ranch Style House
  • No HOA
  • 0.26 Acre Lot
  • Wood Flooring
  • Covered Patio or Porch

About This Home

Beautiful masonry constructed triplex located in the heart of central Tucson just minutes from the U of A. Original wood floors, wood beamed ceilings and mini split AC units. Two one bedroom, one-bathroom units with single car garages both rented through July 2026 and one studio unit currently vacant. Mature vegetation in common areas, shed and plenty of off street parking. 48 hour notice required to show, MUST SEE!

Listing Agent

Tara Madrigal

Rincon Ventures, Inc. Listed on: 10/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot
  • East or West Exposure
  • Shrub
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • 1,937 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • City Views
  • Exposed Ceiling
  • Gas Range
  • Laundry in Garage

Bedrooms and Bathrooms

  • Walk-In Closet
  • Pedestal Sink
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Shed

Location

  • Ground Level

Schools

  • Roskruge Elementary School
  • Mansfeld Middle School
  • Tucson High School

Utilities

  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $2,988 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Building Details

  • Insurance Expense $1,500
  • Other Expense $3,000
  • Professional Management Expense $180
  • Water Sewer Expense $150
  • New Taxes Expense $2,988
  • Operating Expense $7,818
  • Gross Income $28,800
  • Net Operating Income $20,982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,899

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Unit Info Average Monthly Rent One Bedroom: 1200.0
  • Unit Info Average Monthly Rent Studios: 850.0
  • Horses: No
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • CapRate: 3.89
  • Professional Management Expense: 180.0
  • Co List Office Mls Id: 4097
  • Co List Office Phone: 520-881-2258
  • Co List Office Mls Id: 4097
  • Subdivision Name: Drakes Add Resub Of Blk 26
  • General Property Information: List Price/SqFt: 278.78
  • General Property Information: Lot Size Price/SqFt: 48.55
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceilings, Walk-In Closet(s)
  • Kitchen Features Pantry: Closet
  • Appliances: Gas Range, Refrigerator

Exterior Features

  • ExteriorFeatures: Courtyard
  • Roof: Built-Up
  • View: City
  • Construction Type: Brick
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected, Phone Connected
  • Laundry Features: In Garage
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Other Expenses: 3000.0
  • Expenses Taxes Assessments: 2988.0
  • Annual Water Sewer Expense: 150.0

Schools

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

Lot Info

  • Lot Features: East/West Exposure
  • Lot Size Sq Ft: 48.0
  • Zoning: Tucson - NR2

Building Info

  • Year Built: 1948

Rental Info

  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 2988.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28800.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 20982.0
  • Annual Operating Expense: 7818.0

MLS Schools

  • Elementary School: Roskruge
  • High School: Tucson

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,899 $21,919 -- --
2024 $2,622 $20,875 -- --
2023 $2,622 $19,881 -- --
2022 $2,637 $18,934 $0 $0
2021 $2,622 $17,174 $0 $0
2020 $2,542 $24,794 $0 $0
2019 $2,509 $24,776 $0 $0
2018 $2,454 $14,835 $0 $0
2017 $2,440 $14,835 $0 $0
2016 $2,383 $14,129 $0 $0
2015 $2,310 $13,456 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 For Sale $540,000 0.0% $279 / Sq Ft
10/15/2025 10/15/25 Pending -- -- --
09/01/2025 09/01/25 For Sale $540,000 +68.8% $279 / Sq Ft
08/18/2017 08/18/17 Sold $320,000 0.0% $165 / Sq Ft View Prior Sale
07/19/2017 07/19/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $320,000 -- $165 / Sq Ft
Source: MLS of Southern Arizona

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $320,000 Stewart Title & Tr Of Tucson
Warranty Deed $320,000 Stewart Title & Tr Of Tucson
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,000 Seller Take Back
Closed $192,000 Seller Take Back
Source: Public Records

Source: MLS of Southern Arizona

MLS Number: 22522726

MLS of Southern Arizona

APN: 124-08-1800