5737 S Morris Boulevard S, Tucson, AZ 85706
$595,000
Property Type:
Multi-Family
Square Footage:
3,623
Lot Size (sq. ft.):
12,430
Status:
Active
Current Price:
$595,000
List Date:
8/29/2026
Last Modified:
9/27/2026
Description
Rare opportunity to acquire a well-located, boutique 4-unit apartment community with living quarters minutes from Tucson International Airport, Davis-Monthan AFB, and a diverse employer base. This single-address asset offers investors operational simplicity with a strong unit mix of 3BR/2BA, 2BR/1BA floorplans and living quarters. Units feature updated wood-look flooring, gas range/oven appliances, garbage disposal, and individual air conditioning. On-site laundry facility serves the property. Current rents are at market across all five units, offering a stabilized income stream with room for future upside.
Memorandum available.
More Information MLS# 22621048
Address Information
Street #: 5737
Direction: S
Street Name: Morris
Suffix: Boulevard
Post Direction: S
State/Province: AZ
Zip Code: 85706
County: Pima
Country: USA
Location Tax Legal
Tax Code: 14023084A
Area: South
Subdivision: N/A
Contract Information
Current Price: $595,000
List Price: $595,000
Listing Date: 2026-08-27
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 5314x236.13x51.33x236.08
Lot Acres: 0.28
Lot Sqft: 12430
Lot Size Source: Assessor
Combined SqFt: 3623
Year Built: 1980
Total Parking: 4
School District: Sunnyside
Elementary School: Drexel
Middle School: Apollo
High School: Sunnyside
Horse Property: No
Horse Facilities: No
List Price/SqFt: 164.23
Lot Size Price/SqFt: 47.87
Remarks Misc
Geo Lat: 32.147305
Geo Lon: -110.95741
Showing Information
Directions: Drexel & Park Ave
Unit Info
# of Units/2 BR: 3
Avg Mo Rent/2 BR: 1200
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1400
Unit 1 Information
Monthly Rent: 1400
# Beds: 3
# Full Baths: 2
SqFt: 866
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 1200
# Beds: 2
# Full Baths: 1
SqFt: 853
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 1200
# Beds: 2
# Full Baths: 1
SqFt: 853
Parking: On Property
Unit 4 Information
Monthly Rent: 1200
# Beds: 2
# Full Baths: 1
SqFt: 853
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 9.59
Gross Rent Multi: 8.98
Exp/SqFt: 2.67
Exp % of Gross: 13.88
Income
Gross Scheduled Rent: 60000
Other Income: 9600
Adjusted Gross: 69600
Total Expenses: 9662.48
Net Opp Income: 59937.52
Expenses
Gas/Electric: 1070
Insurance: 2657.58
Maintenance Supplies: 1566
Management: 1729.14
Water/Sewer: 2639.76
Figures Presented: Proforma
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Ranch
Roof: Shingle
Living Areas: Family Room
Dining Areas: Eat-In Kitchen
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range; Disposal
Bathroom Features: Shower & Tub/Hall
Laundry: Facility
Extra Room: None
Interior Features: Smoke Detector
Floor Covering: Ceramic Tile; Vinyl
Window Covering: Some
Technology: Cable TV
Main Cooling: Central Air
Main Heating: Forced Air
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: None
Landscape - Front: None
Landscape - Rear: None
View: None
Road Type: Chip/Seal
Driveway: None
Exterior Feature: None
Lot Features: Subdivided
Neighborhood Features: None
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval
Property Disclosures: Leases
Special Conditions: None
Documents
Seller Disclosure ›Listing Office: Real Broker
Last Updated: September - 27 - 2026
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