$630,000
Tucson, AZ 85719
MLS# 22531085
Status: Active Contingent
2772 sqft
1 / 3
Property Description
🏡 Investor's Dream: Tri-Plex for Sale Near U of A Located near Ft. Lowell and 1st Avenue, this tri-plex offers three separate houses on one lot—a fantastic opportunity for investors or owner-occupants seeking rental income. ✨ Property Highlights: • 3 individual homes, each with private entrances • Strong rental potential with proximity to the University of Arizona (just minutes away) • Prime central Tucson location near shopping, dining, and public transit
Details
Maps
Address Information
Street #: 831
Direction: E
Street Name: Hedrick
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 113-08-2860
Area: Central
Subdivision: Garden Homes Annex
Contract Information
Current Price: $630,000
List Price: $630,000
Listing Date: 2025-11-29
Status: Active Contingent
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2026-03-10
General Property Information
Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.19
Lot Sqft: 8146
Lot Size Source: Assessor
Combined SqFt: 2772
Year Built: 1955
Total Parking: 3
School District: Amphitheater
Elementary School: Keeling
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 227.27
Lot Size Price/SqFt: 77.34
Remarks Misc
Geo Lat: 32.263143
Geo Lon: -110.958377
Showing Information
Directions: Turn right onto E Buddy Lane,
E Buddy Lane turns right and becomes N Euclid Ave, Turn left onto Hedrick Drive, Destination will be on your left
Unit Info
# of Units/Studios: 3
Avg Mo Rent/Studios: 995
Avg Mo Rent/2 BR: 1300
# of Units/3 BR: 1
# of Units/Other: 2
Avg Mo Rent/Other: 1995
Unit 1 Information
Monthly Rent: 1995
# Beds: 4
# Full Baths: 2
SqFt: 1489
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 995
# Full Baths: 1
SqFt: 360
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 1300
# Beds: 3
# Full Baths: 2
SqFt: 923
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 8.04
Gross Rent Multi: 11.69
Exp/SqFt: 1.16
Exp % of Gross: 5.99
Income
Gross Scheduled Rent: 51480
Other Income: 2400
Adjusted Gross: 53880
Total Expenses: 3225
Net Opp Income: 50655
Expenses
Admin Expenses: 2145
Capital Expenses: 800
Gas/Electric: 130
Water/Sewer: 150
Figures Presented: Proforma
Construction
Siding: Yes
Kitchen Features
Appliance Color: Stainless
Countertops: Marble
Microwave: Microwave
Oven: 3
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Water
Water Company: Tucson Water
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Driveway
Paved: Gravel
RV Parking
Other: no
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Submit With Offer
Digital Signatures: Yes
Home Protection
Offered: No
Property Features
Construction: Concrete Block; Frame - Stucco
Style: Modern
Roof: Shingle
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: None
Kitchen Features: Double Sink; Electric Range; Kitchen Island; Freezer; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower Only/Hall
Laundry: Laundry Room; Outside; Dryer Included; Washer Included
Extra Room: Storage
Interior Features: Ceiling Fan(s)
Floor Covering: Ceramic Tile
Window Covering: Some
Window Features: Double Pane Windows
Technology: Pre-Wired Tele Lines
Main Cooling: Central Air
Main Heating: Electric
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Decorative Gravel; Natural Desert; Trees
Landscape - Rear: Decorative Gravel; Natural Desert; Trees
View: Residential; Sunset
Road Type: Paved
Exterior Feature: Shed(s)
Lot Features: Adjacent to Alley
Neighborhood Features: None
Assoc Amenities: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Dual Agency Consent; Proof of Funds
Property Disclosures: None
Special Conditions: None
Listing Office: Real Broker
Last Updated: March - 10 - 2026
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