$550,000
Tucson, AZ 85705
MLS# 22615658
Status: Pending
3812 sqft
1 / 29
Property Description
Don't miss this investment opportunity consisting of one Triplex and one Duplex on a single parcel. There are (4) two-bedroom/one-bath units and (1) one-bedroom/one-bath unit to make up a total of 5 individual rental units. All two-bedroom units have an identical floor plan. Each 2/1 unit has vaulted ceilings with wood beams and a variation of ceramic tile, wood-look laminate, and carpet. All rentals have A/C units, fenced yards, as well as washer & dryer hook-ups on each back patio. There is one covered carport space and one storage closet for each unit. Tenants pay their own utilities (Electric+Gas+Water/Sewer/Trash). Current rents are below market value. Do not disturb existing tenants. Please call us with questions. The owner of the property is a licensed Realtor in the State of AZ.
Details
Maps
Documents
Address Information
Street #: 321
Direction: E
Street Name: Blacklidge
Suffix: Drive
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107-11-255B
Area: Central
Subdivision: Coronado Heights
Contract Information
Current Price: $550,000
List Price: $550,000
Listing Date: 2026-06-22
Status: Pending
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2026-09-05
Pending Date: 2026-09-18
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Buyer to verify
Lot Acres: 0.35
Lot Sqft: 15594
Lot Size Source: Assessor
Combined SqFt: 3812
Year Built: 1971
Total Parking: 5
School District: Amphitheater
Elementary School: Keeling
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 144.28
Lot Size Price/SqFt: 35.27
Remarks Misc
Geo Lat: 32.261763
Geo Lon: -110.966829
Showing Information
Directions: FROM FORT LOWELL & 1st AVE: SOUTH ON 1ST AVE. TO BLACKLIDGE; WEST ON BLACKLIDGE; ADDRESS ON NORTH SIDE OF STREET (ENTRY THROUGH TURQUOISE GATES).
Unit Info
# of Units/1 BR: 1
# of Units/2 BR: 4
Unit 1 Information
Monthly Rent: 765
# Beds: 2
# Full Baths: 1
SqFt: 790
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 2 Information
Monthly Rent: 765
# Beds: 2
# Full Baths: 2
SqFt: 790
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Unit 3 Information
Monthly Rent: 730
# Beds: 2
# Full Baths: 2
SqFt: 790
Occupancy: Yes
Stories: Single
Furnished: No
Parking: Carport
Unit 4 Information
Monthly Rent: 680
# Beds: 1
# Full Baths: 1
SqFt: 652
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: Carport
Analysis
Cap Rate %: 8.18
Gross Rent Multi: 9.95
Vacancy Rate %: 5.19
Exp/SqFt: 2.94
Exp % of Gross: 18.58
Income
Gross Scheduled Rent: 63600
Vacancy Loss: 3300
Adjusted Gross: 60300
Total Expenses: 11206
Net Opp Income: 49094
Expenses
Gas/Electric: 300
Insurance: 2130
Maintenance Supplies: 2000
Management: 3380
Taxes/Assessments: 3096
Water/Sewer: 300
Figures Presented: Proforma
Floor Covering
Other: laminate
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Fence
Other: Multiple Types
Driveway
Paved: Gravel
RV Parking
Other: None - no area.
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: No
Terms
Other: DSCR Loan
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Concrete Block
Style: Southwestern
Roof: Shingle
Living Areas: Off Kitchen
Dining Areas: Eat-In Kitchen
Dining Room: None
Breakfast: Eat-In
Kitchen Features: Double Sink; Gas Range; Dishwasher; Disposal; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Outside
Extra Room: None
Interior Features: Beamed Ceilings; Smoke Detector
Floor Covering: Carpet; Ceramic Tile
Window Covering: Some
Technology: Pre-Wired Tele Lines
Main Cooling: Central Air
Main Heating: Forced Air
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Block; Shared Fence
Landscape - Front: Flower Beds; Low Care; Natural Desert; Shrubs
Landscape - Rear: Low Care; None
View: Residential; Mountain(s)
Road Type: Chip/Seal
Exterior Feature: None
Lot Features: East/West Exposure; Subdivided
Neighborhood Features: Paved Street
Terms: Cash; Submit
Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Military Airport Vct; Public Airport Vcty; Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: Owner/Agent; None
Lead Paint Discl 
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 27 - 2026
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