$450,000

Estimated payment $2,538/month

-- Bed
-- Bath
2,716 Sq Ft
$166 Price per Sq Ft

Highlights

  • 0.24 Acre Lot
  • Secondary bathroom tub or shower combo
  • No HOA
  • Ranch Style House
  • Bonus Room
  • 3-minute walk to Alvernon Park

About This Home

This triplex is conveniently located on a corner lot in the heart of Tucson and on the 3rd Street/University Bicycle Boulevard and is adjacent to Shady Alvernon Park with play equipment. Units have separate Third Street addresses: 3926, 3928 & 3930 and they are individually metered. New roof in 2024. 3926 and 3930 had long term tenants vacate and now the units are renovated for new Buyer(s)! 3926 has AC other 2 units have evap. Parking consists of 1 carport, 1 garage, and 3 parking pads in front and on the property. 3926 has a converted garage as a bonus room for flexible living needs. Insurance, Landscaping, and taxes paid by owner. Cool Mid-Century Vibe with built-in and walled back yard.

Listing Agent

Catherine Wolfson

Coldwell Banker Realty Listed on: 02/05/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 43 Sq Ft Lot
  • Property fronts an alley
  • Block Wall Fence
  • Landscaped with Trees

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 2,716 Sq Ft Home
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Vinyl Flooring
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Schools

  • Howell Elementary School
  • Vail Middle School
  • Rincon High School

Utilities

  • Forced Air Heating and Cooling System
  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Ground Level

Listing and Financial Details

  • $2,370 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 $4,378
  • New Taxes Expense $2,370
  • Operating Expense $6,748
  • Gross Income $34,800
  • Net Operating Income $28,052

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Horses: No
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • CapRate: 6.23
  • Co List Office Mls Id: 70202
  • Subdivision Name: Alvernon Addition
  • General Property Information: List Price/SqFt: 165.68
  • General Property Information: Lot Size Price/SqFt: 43.41
  • Special Features: None

Interior Features

  • Kitchen Features Appliance Color: White
  • Interior Steps: No
  • Appliances: Gas Range, Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Shingle
  • View: None
  • Construction Type: Brick
  • Patio And Porch Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Electric Electric Company: TEP
  • Utilities: Sewer Connected
  • Laundry Features: Laundry Room
  • Cooling: Central Air, Evaporative Cooling
  • Heating Yn: Yes

Fee Information

  • Expenses Figures Presented: Proforma
  • Expenses Taxes Assessments: 2370.01

Schools

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

Lot Info

  • Lot Features: Adjacent to Alley, North/South Exposure
  • Lot Size Sq Ft: 43.0
  • Zoning: Tucson - R2

Building Info

  • Year Built: 1952

Rental Info

  • Utilities Paid Trash: Tenant

Tax Info

  • Tax Year: 2025
  • New Taxes Expense: 2370.01

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34800.0
  • Insurance Expense: 4378.0
  • Property Net Operating Income: 28051.98
  • Annual Operating Expense: 6748.01

MLS Schools

  • Elementary School: Howell
  • High School: Rincon

Map

Range of Values:

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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
2026 $2,370 $18,813 -- --
2025 $2,370 $17,917 -- --
2024 $2,143 $17,064 -- --
2023 $2,143 $16,251 -- --
2022 $2,156 $15,477 $0 $0
2021 $2,143 $14,038 $0 $0
2020 $2,078 $19,737 $0 $0
2019 $2,051 $19,722 $0 $0
2018 $2,006 $12,127 $0 $0
2017 $1,995 $12,127 $0 $0
2016 $1,953 $11,549 $0 $0
2015 $1,894 $10,999 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2026 02/05/26 For Sale $450,000 -- $166 / Sq Ft
Source: MLS of Southern Arizona

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Source: Public Records

Source: MLS of Southern Arizona

MLS Number: 22603443

MLS of Southern Arizona

APN: 126-06-1890