231 W 32nd Street, Tucson, AZ 85713
New Listing
$369,999
Property Type:
Multi-Family
Square Footage:
2,152
Lot Size (sq. ft.):
56
Status:
Active
Current Price:
$369,999
List Date:
3/30/2026
Last Modified:
3/30/2026
Description
ncome-producing triplex in Tucson with tenants in place, offering immediate cash flow from day one. The property features a strong unit mix with consistent rental income and stable occupancy. Current rents provide reliable performance with potential for future increases. Situated on a 6,500+ sq ft lot, the asset offers long-term upside through rent optimization and efficient management. Located in South Tucson with access to major roads, schools, and employment centers, supporting strong rental demand and tenant retention. Ideal for investors seeking a stable, income-generating property with upside.
More Information MLS# 22608281
Address Information
Country: USA
Street #: 231
Direction: W
Street Name: 32nd
Suffix: Street
State/Province: AZ
Zip Code: 85713
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2025
Taxes: 1490.8
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Home Lot 5 Blk 21
Township: 14
Community: None
Range: 13
Section: 24
Municipality/Zoning: South Tucson - SR1
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 118-24-0390
Area: South
Subdivision: Home Addition
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $369,999
List Price: $369,999
Listing Date: 2026-03-30
Status: Active
General Property Information
Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 147' x 45' x 147' x 44'
Lot Acres: 0.15
Total Parking: 2
Lot Sqft: 6534
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Ochoa
Middle School: Safford K-8 Magnet
High School: Tucson
Horse Facilities: No
List Price/SqFt: 171.93
Lot Size Price/SqFt: 56.63
Combined SqFt: 2152
Year Built: 1940
Showing Information
Directions: East on 22nd St, South on 10th Ave, East on 32nd St, Property to the South
Unit Info
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 800
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 900
# of Units/Other: 1
Avg Mo Rent/Other: 1350
Electric
Other: TEP
Unit 1 Information
Monthly Rent: 1350
# Beds: 2
# Full Baths: 1
SqFt: 1089
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 36600
Total Expenses: 4338.74
Gross Scheduled Rent: 36600
Net Opp Income: 32261.26
Gas
None: 1
Unit 2 Information
Monthly Rent: 900
# Beds: 2
# Full Baths: 1
SqFt: 531
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Analysis
Gross Rent Multi: 10.11
Vacancy Rate %: 0
Exp/SqFt: 2.02
Exp % of Gross: 11.85
Cap Rate %: 8.72
Construction
Brick: 1
Stucco Finish: 1
Unit 3 Information
Monthly Rent: 800
# Beds: 1
# Full Baths: 1
SqFt: 531
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 0
Insurance: 1450
Maintenance Supplies: 1390
Management: 0
Resident Manager: 0
Taxes/Assessments: 1498.74
Water/Sewer: 0
Other Expenses: 0
Style
Territorial: 1
Sewer
Connected: 1
Roof
Rolled: 1
Water
Public: 1
Living Areas
Living Room: 1
Dining Areas
Eat-In Kitchen: 1
Fence
Block: 1
Chain Link: 1
Wrought Iron: 1
Dining Room
None: 1
View
Mountain(s): 1
Breakfast
Eat-In: 1
Road Type
Dirt: 1
Paved: 1
Kitchen Features
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
North/South Exposure: 1
Main Cooling
Ceiling Fan(s): 1
Window Unit(s): 1
Laundry
Laundry Room: 1
Neighborhood Features
None: 1
Main Heating
Wall Furnace: 1
Extra Room
None: 1
Water Heater
Electric: 1
Association & Fees
HOA: No
Interior Features
Interior Steps: No
Bathroom Features
None: 1
Terms
Cash: 1
Conventional: 1
FHA Loan: 1
Floor Covering
Ceramic Tile: 1
Vinyl: 1
Submit With Offer
Lender Pre-Approval: 1
Proof of Funds: 1
Window Covering
None: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
High Speed Internet: 1
Security
Other: Security Doors
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Patio/Deck
Covered: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Owner
Pool
None: 1
Property Disclosures
None: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Paved: Concrete
RV Parking
Other: nonte
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.196237
Geo Lon: -110.972244
Property Features
Construction: Brick; Stucco Finish
Style: Territorial
Roof: Rolled
Living Areas: Living Room
Dining Areas: Eat-In Kitchen
Dining Room: None
Breakfast: Eat-In
Kitchen Features: Refrigerator
Bathroom Features: None
Laundry: Laundry Room
Extra Room: None
Floor Covering: Ceramic Tile; Vinyl
Window Covering: None
Technology: Cable TV; High Speed Internet
Main Cooling: Ceiling Fan(s); Window Unit(s)
Main Heating: Wall Furnace
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Pool: None
Spa: None
Fence: Block; Chain Link; Wrought Iron
Landscape - Front: Low Care
Landscape - Rear: Low Care
View: Mountain(s)
Road Type: Dirt; Paved
Exterior Feature: None
Lot Features: North/South Exposure
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: None
Special Conditions: None
Listing Office: Real Broker
Last Updated: March - 30 - 2026
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.