$425,000
PENDING

Estimated payment $2,431/month

Total Views 1,027
-- Bed
-- Bath
2,026 Sq Ft
$210 Price per Sq Ft

Highlights

  • 0.2 Acre Lot
  • Furnished
  • Breakfast Area or Nook
  • Ranch Style House
  • No HOA
  • Brick or Stone Mason

About This Home

Versatile 3-Unit Property in Prime Central Tucson - Live in One, Rent the Rest! Plenty of potential awaits at this rare triplex opportunity in a highly desirable location, just minutes from the University of Arizona. Whether you're an owner-occupant looking to offset your mortgage with rental income, or a savvy investor ready to expand your portfolio, this property checks all the boxes. The main single-family home offers 2 bedrooms, 1 bathroom, and 1,082 sq ft of comfortable living space. With classic Tucson charm and a functional layout, it's perfect as a primary residence or a solid rental. Tucked behind the main home is a duplex featuring two 1BR/1BA units, totaling 944 sq ft. Each unit is tenant occupied - providing steady cash flow potential from day one. Enjoy added value with a generous lot, ample off-street parking, and separate entrances for privacy and convenience. The location can't be beat - it's close to the University of Arizona, shopping, dining, public transit, and all that midtown Tucson has to offer. Whether you're house hacking, investing, or both, this is the kind of flexible, income-producing property that's hard to find in today's market. Don't miss your chance to own a triplex in a high-demand area!

Listing Agent

Cristal Olof

Suburban Real Estate Group,LLC Listed on: 10/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 48 Sq Ft Lot
  • Lot Dimensions are 67 x 109 x 68 x 110
  • East or West Exposure
  • Block Wall Fence

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Ranch Style House
  • Brick or Stone Mason
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Bathtub and Shower Combination in Primary Bathroom
  • 2,026 Sq Ft Home
  • Furnished
  • Living Room
  • Ceramic Tile Flooring
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range

Schools

  • Holaway Elementary School
  • Amphitheater Middle School
  • Amphitheater High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • $2,361 special tax assessment

Community Details

Overview

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

Building Details

  • Fuel Expense $3,300
  • Insurance Expense $1,200
  • Other Expense $1,500
  • Water Sewer Expense $1,750
  • New Taxes Expense $2,361
  • Operating Expense $11,111
  • Gross Income $42,000
  • Net Operating Income $30,889

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Unit Info Average Monthly Rent One Bedroom: 1000.0
  • Unit Info Average Monthly Rent Two Bedroom: 1500.0
  • Horses: No
  • Lot Size: 67 x 109 x 68 x 110
  • Road Surface Type: Paved
  • CapRate: 7.27
  • Co List Office Mls Id: 4703
  • Subdivision Name: Hedrick Acreage Tract NO 3
  • General Property Information: List Price/SqFt: 209.77
  • General Property Information: Lot Size Price/SqFt: 48.3
  • Special Features: None

Interior Features

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

Exterior Features

  • ExteriorFeatures: None
  • Roof: Built-Up
  • View: Residential
  • Construction Type: Brick, Concrete Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Outside
  • Cooling: Wall Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Expenses Contract Services: 1000.0
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 3300.0
  • Expenses Other Expenses: 1500.0
  • Expenses Taxes Assessments: 2360.79
  • Annual Water Sewer Expense: 1750.0

Schools

  • Junior High Dist: Amphitheater
  • Middle Or Junior School: Amphitheater

Lot Info

  • Lot Features: East/West Exposure
  • Lot Size Sq Ft: 48.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1947

Rental Info

  • Utilities Paid Landscaping: Owner
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2025
  • New Taxes Expense: 2360.79

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 42000.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 30889.21
  • Annual Operating Expense: 11110.79

MLS Schools

  • Elementary School: Holaway
  • High School: Amphitheater

Map

Range of Values:

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Value Increase
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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 $2,361 $19,182 -- --
2024 $2,274 $18,153 -- --
2023 $1,887 $17,289 $0 $0
2022 $1,887 $16,465 $0 $0
2021 $1,861 $14,935 $0 $0
2020 $1,851 $15,652 $0 $0
2019 $1,802 $15,644 $0 $0
2018 $1,738 $12,901 $0 $0
2017 $1,709 $12,901 $0 $0
2016 $1,740 $12,287 $0 $0
2015 $1,673 $11,702 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2025 11/08/25 Pending -- -- --
10/25/2025 10/25/25 For Sale $425,000 +161.5% $210 / Sq Ft
01/25/2021 01/25/21 Sold $162,500 0.0% $80 / Sq Ft View Prior Sale
12/26/2020 12/26/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $162,500 -- $80 / Sq Ft
Source: MLS of Southern Arizona

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $375,000 Stewart Title & Tr Of Tucson
Warranty Deed -- Stewart Title
Special Warranty Deed $162,500 None Available
Deed In Lieu Of Foreclosure -- None Available
Deed In Lieu Of Foreclosure -- None Available
Deed In Lieu Of Foreclosure -- Fidelity National Title
Deed In Lieu Of Foreclosure -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $383,298 FHA
Previous Owner $363,298 FHA
Previous Owner $146,250 Commercial
Previous Owner $315,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Source: MLS of Southern Arizona

MLS Number: 22527762

MLS of Southern Arizona

APN: 113-07-1770