$699,000
Tucson, AZ 85716
MLS# 22615343
3588 sqft
1 / 24
Property Description
This is a 6 Plex made up of 3 individual duplexes 1321- 1331 N Palo Verde. Each unit is a spacious 1 bedroom 1 bathroom. Each unit has its own address. Separate electric and gas meters for each unit. Each building has its own water line. This is a great central location, close to he U of A. Property has plenty of off street parking and bulk trash on site. Over 1/3 acre corner lot. Make the this income yours today. Do not disturb tenants.
Details
Maps
Address Information
Street #: 1321
Direction: N
Street Name: Palo Verde
Suffix: Boulevard
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA
Location Tax Legal
Tax Code: 122-17-0760
Area: Central
Subdivision: Morning View
Contract Information
Current Price: $699,000
List Price: $699,000
Listing Date: 2026-06-19
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 118x140
Lot Acres: 0.38
Lot Sqft: 16509
Lot Size Source: Assessor
Combined SqFt: 3588
Year Built: 1952
Total Parking: 12
School District: TUSD
Elementary School: Blenman
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 194.82
Lot Size Price/SqFt: 42.34
Remarks Misc
Geo Lat: 32.239476
Geo Lon: -110.918525
Showing Information
Directions: Speedway/Palo Verde
Unit Info
# of Units/1 BR: 1
Unit 1 Information
Monthly Rent: 900
# Beds: 1
# Full Baths: 1
SqFt: 598
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 900
# Beds: 1
# Full Baths: 1
SqFt: 598
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 900
# Beds: 1
# Full Baths: 1
SqFt: 598
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 900
# Beds: 1
# Full Baths: 1
SqFt: 598
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 0.39
Gross Rent Multi: 136.26
Vacancy Rate %: 5
Exp/SqFt: 0.67
Exp % of Gross: 46.51
Income
Gross Scheduled Rent: 5400
Vacancy Loss: 270
Adjusted Gross: 5130
Total Expenses: 2386.06
Net Opp Income: 2743.94
Expenses
Gas/Electric: 365
Insurance: 1500
Taxes/Assessments: 296.06
Water/Sewer: 225
Figures Presented: Proforma
Kitchen Features
Appliance Color: White
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Driveway
Paved: Gravel
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Home Protection
Offered: No
Property Features
Construction: Brick
Style: Ranch
Roof: Built-Up
Living Areas: Family Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: None
Laundry: None
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: Some
Technology: High Speed Internet
Main Cooling: Ceiling Fan(s); Window Unit(s)
Main Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Decorative Gravel; Low Care
Landscape - Rear: Low Care
View: Mountain(s)
Road Type: Paved
RV Parking: Space Available
Exterior Feature: None
Lot Features: Corner Lot
Neighborhood Features: None
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Military Airport Vct; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Listing Office: Panacea Realty
Last Updated: June - 19 - 2026
Warning: Undefined array key "CompensationDisclaimer" in /srv/users/ems/apps/ems-website/public/wp-content/plugins/flexmls-idx/pages/listing-details.php on line 711
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 the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.