$599,000
Tucson, AZ 85719
MLS# 22611898
1899 sqft

1 / 47
Property Description
With its proximity to major employers, the University of Arizona, and Banner medical facilities, this tri-plex property presents a practical and flexible opportunity in one of Tucson's most consistently in-demand rental areas. The property includes a three-bedroom, one-bath main unit featuring private laundry, a covered patio, concrete floors, and a remodeled kitchen and bathroom. Two additional units--a one-bedroom (currently vacant) and a studio with an existing lease in place--provide immediate income potential or flexibility for future use. The setup is well suited for a live-in owner looking to offset expenses with rental income, or for an investor seeking a manageable multi-unit property in a superb central location. Recent improvements include
Details
Maps
Documents
Address Information
Street #: 1328
Direction: E
Street Name: Adams
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 123-17-2200
Area: Central
Subdivision: Plumer & Steward Add 2
Contract Information
Current Price: $599,000
List Price: $599,000
Listing Date: 2026-05-07
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Triplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 58 x 147
Lot Acres: 0.21
Lot Sqft: 9278
Lot Size Source: Assessor
Combined SqFt: 1899
Year Built: 1955
Total Parking: 5
School District: TUSD
Elementary School: Blenman
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 315.43
Lot Size Price/SqFt: 64.56
Remarks Misc
Geo Lat: 32.240336
Geo Lon: -110.951656
Showing Information
Directions: From Speedway, North on Mountain, East on Adams to address.
Unit Info
# of Units/Studios: 1
Avg Mo Rent/Studios: 625
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 850
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1550
Unit 1 Information
Monthly Rent: 1550
# Beds: 3
# Full Baths: 1
SqFt: 1036
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 625
# Full Baths: 1
SqFt: 320
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 850
# Beds: 1
# Full Baths: 1
SqFt: 543
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 0.09
Gross Rent Multi: 21.64
Vacancy Rate %: 23.74
Exp/SqFt: 14.29
Exp % of Gross: 98
Income
Gross Scheduled Rent: 36300
Vacancy Loss: 8617
Adjusted Gross: 27683
Total Expenses: 27130.67
Net Opp Income: 552.33
Expenses
Capital Expenses: 256
Gas/Electric: 480
Insurance: 1911
Maintenance Supplies: 8367
Management: 2797
Taxes/Assessments: 3202.67
Water/Sewer: 1500
Other Expenses: 8617
Figures Presented: Proforma
Kitchen Features
Appliance Color: Stainless
Countertops: Quartz
Microwave: Stainless Steel
Oven: 1
Interior Features
Interior Steps: No
Main Cooling
Other: Mini Split(s)
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Tenant
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Fence
Other: Corrugated Steel
Driveway
Paved: Gravel
RV Parking
Other: none
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: Great Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range; Dishwasher; Refrigerator
Bathroom Features: Shower & Tub/Primary
Laundry: In Kitchen; Dryer Included; Washer Included
Extra Room: None
Interior Features: Smoke Detector; Vaulted Ceiling(s)
Floor Covering: Ceramic Tile; Concrete
Window Covering: Some
Technology: High Speed Internet
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Electric; Heat Pump
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: None
Landscape - Rear: None
View: Residential
Road Type: Paved
Exterior Feature: Courtyard
Lot Features: Adjacent to Alley; Subdivided
Neighborhood Features: Paved Street; Sidewalks
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Loan Pre-Qualifiaction
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Supplements
HVAC systems updated in 2020 (Main 3/1) and 2021 (studio & 1/1), a roof replacement in 2025, upgraded electrical panels, and a new metal fence separating the yards in 2026. Electric service is separately metered for each unit. Parking is ample, with a two-car carport and three additional spaces.
Located within walking distance to the college of Medicine and law school, this brick tri-plex offers both owner-occupants or investors a unique prospect for income, or would make a perfect home for students with room for visiting parents. After three decades of ownership this property awaits a new steward.
Listing Office: Long Realty
Last Updated: May - 08 - 2026
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