5737 S Morris Boulevard, Tucson, AZ 85706
$595,000
Property Type:
Commercial
Square Footage:
3,623
Lot Size (sq. ft.):
12,415
Status:
Active
Current Price:
$595,000
List Date:
8/20/2026
Last Modified:
9/27/2026
Description
Rare opportunity to acquire a well-located, boutique 5-unit apartment community 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, and studio floorplans.
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.
More Information MLS# 22620295
Address Information
Street #: 5737
Direction: S
Street Name: Morris
Suffix: Boulevard
State/Province: AZ
Zip Code: 85706
County: Pima
Country: USA
Location Tax Legal
Tax Code: 140-23-084A
Area: South
Contract Information
Current Price: $595,000
List Price: $595,000
Listing Date: 2026-08-20
Status: Active
Short Sale: No
General Property Information
Property Sub-Type: Apartment
# Units: 5
Multi-Tenant: Yes
Year Built: 1980
Lot Dimensions: 5314x236.13x51.33x236.08
Lot Acres: 0.28
Lot Sqft: 12415
Lot Size Source: Assessor
Combined SqFt: 3623
Source of SqFt: Assessor
List Price/SqFt: 164.23
Lot Size Price/SqFt: 47.93
Remarks Misc
Geo Lat: 32.147298
Geo Lon: -110.957392
Income
Gross Scheduled Rent: 61310.12
Adjusted Gross: 48419.32
Analysis
Cap Rate %: 7.74
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 800
# of Units/2 BR: 3
Avg Mo Rent/2 BR: 1200
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1400
Documents
Memorandum ›Listing Office: Real Broker
Last Updated: September - 27 - 2026
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