232 E University Boulevard, Tucson, AZ 85705
New Listing
$665,000
Property Type:
Multi-Family
Square Footage:
1,960
Lot Size (sq. ft.):
91
Status:
Active
Current Price:
$665,000
List Date:
3/28/2026
Last Modified:
3/28/2026
Description
Fantastic location just 5 blocks from the University of Arizona, includes 3 separate rental units that share a common courtyard. The Parcel code contains 3 addresses: 732 Arizona Ave (delightful one-bedroom unit) plus a duplex (228 and 232 University Blvd). High ceilings, wood floors and terrific built-ins. Each unit is metered for separate electric and gas. Super easy walk or biking the UofA Campus (GO CATS!), OR to Fourth Ave restaurants and shops; OR just hop on the trolly for a 3 minute ride to nearby downtown or Banner University Medical Center. Excellent history of consistent rentals makes for a fabulous investment opportunity! ALSO - Owner can flexibly live in one of the units and rent the others for cash flow!
More Information MLS# 22608141
Address Information
Country: USA
Street #: 232
Direction: E
Street Name: University
Suffix: Boulevard
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Tax Year: 2025
Taxes: 2939
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Tucson W54.80' Lots 1 & 4 Blk 40
Township: 14
Community: None
Range: 13
Section: 12
Municipality/Zoning: Tucson - HR3
Fire Protection: Subscription
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 117-03-2870
Area: Central
Subdivision: Tucson
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $665,000
List Price: $665,000
Listing Date: 2026-03-27
Status: Active
General Property Information
Dwelling Type: Triplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 51 x 133 x 49 x 132
Lot Acres: 0.16
Total Parking: 0
Lot Sqft: 7231
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Roskruge
Middle School: Roskruge Bilingual Magnet
High School: Tucson
Horse Facilities: No
List Price/SqFt: 339.29
Lot Size Price/SqFt: 91.97
Combined SqFt: 1960
Year Built: 1923
Showing Information
Directions: Speedway/ 6th Ave, South on 6th Ave to University Blvd, East on University to address on the right. On the corner of University and Arizona Ave
Unit Info
# of Units/1 BR: 3
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 925
# Beds: 1
# Full Baths: 1
SqFt: 648
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 2925
Total Expenses: 2938.41
Gross Scheduled Rent: 2925
Net Opp Income: -13.4
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 900
# Beds: 1
# Full Baths: 1
SqFt: 581
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Analysis
Gross Rent Multi: 227.35
Vacancy Rate %: 0
Exp/SqFt: 1.5
Exp % of Gross: 100.46
Construction
Masonry Stucco: 1
Unit 3 Information
Monthly Rent: 1100
# Beds: 1
# Full Baths: 1
SqFt: 730
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Street
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 0
Insurance: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 2938.41
Water/Sewer: 0
Other Expenses: 0
Style
Bungalow: 1
Sewer
Connected: 1
Roof
Built-Up - Reflect: 1
Tile: 1
Water
Public: 1
Living Areas
Living Room: 1
Dining Areas
Dining in LR/GR: 1
Fence
Block: 1
Dining Room
Area: 1
View
Residential: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Gas Range: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
Adjacent to Alley: 1
Corner Lot: 1
Subdivided: 1
Main Cooling
Central Air: 1
Laundry
Outside: 1
Dryer Included: 1
Washer Included: 1
Neighborhood Features
Paved Street: 1
Sidewalks: 1
Main Heating
Forced Air: 1
Natural Gas: 1
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Built-in Features: 1
Interior Steps: No
Bathroom Features
Shower & Tub/Hall: 1
Pedestal Sink(s): 1
Terms
Cash: 1
Conventional: 1
FHA Loan: 1
Floor Covering
Wood: 1
Submit With Offer
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
Cable TV: 1
High Speed Internet: 1
Security
None: 1
Landscape - Front
Low Care: 1
Shrubs: 1
Trees: 1
Landscape - Rear
Low Care: 1
Patio/Deck
None: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
Lead Based Paint: 1
Seller Prop Disclosure: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
None: 1
RV Parking
Other: NONE
Exterior Feature
Courtyard: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.23135
Geo Lon: -110.967798
Property Features
Construction: Masonry Stucco
Style: Bungalow
Roof: Built-Up - Reflect; Tile
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Shower & Tub/Hall; Pedestal Sink(s)
Laundry: Outside; Dryer Included; Washer Included
Extra Room: None
Interior Features: Built-in Features
Floor Covering: Wood
Window Covering: Stay
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air
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: Block
Landscape - Front: Low Care; Shrubs; Trees
Landscape - Rear: Low Care
View: Residential
Road Type: Paved
Driveway: None
Exterior Feature: Courtyard
Lot Features: Adjacent to Alley; Corner Lot; Subdivided
Neighborhood Features: Paved Street; Sidewalks
Terms: Cash; Conventional; FHA Loan
Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Seller Prop Disclosure
Special Conditions: None
Lead Paint Discl ›Listing Office: Long Realty
Last Updated: March - 28 - 2026
Broker Attribution:
pattyandrick@longrealty.com
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