Log In/Sign Up
Your email has been sent.
816 E 10th St 6 Unit Apartment Building $1,150,000 ($191,667/Unit) 5.71% Cap Rate Tucson, AZ 85719
Investment Highlights
- 4 blocks to campus
- Walking distance to downtown
- Walking distance to historic 4th ave
- Recent Hi-End Renovations
Executive Summary
Exceptional tri-plex rental located within walking distance of the University of Arizona, Downtown Tucson, and 4th Avenue. The property consists of one 2-bedroom, 1-bath unit and two 3-bedroom, 2-bath units, for a total of 8 bedrooms and 5 bathrooms. This well-maintained, turn-key investment offers strong rental appeal and consistent demand, making it ideal for student housing or long-term rentals. The unbeatable central location provides easy access to campus, dining, entertainment, and public transit. A rare opportunity to own a high-performing income property in one of Tucson's most desirable rental corridors.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$91,200
|
$9.97
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$91,200
|
$9.97
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$19,920
|
$2.18
|
| Net Operating Income |
$71,280
|
$7.79
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $91,200 |
| Annual Per SF | $9.97 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $91,200 |
| Annual Per SF | $9.97 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $19,920 |
| Annual Per SF | $2.18 |
| Net Operating Income | |
|---|---|
| Annual | $71,280 |
| Annual Per SF | $7.79 |
Property Facts
| Price | $1,150,000 | Lot Size | 0.21 AC |
| Price Per Unit | $191,667 | Building Size | 9,150 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.71% | No. Stories | 1 |
| No. Units | 6 | Year Built/Renovated | 1924/2025 |
| Property Type | Multifamily | Parking Ratio | 0.87/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-3 | ||
| Price | $1,150,000 |
| Price Per Unit | $191,667 |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,150 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1924/2025 |
| Parking Ratio | 0.87/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Granite Countertops
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,475 | 1,000 |
| 3+2 | 2 | $2,475 | 1,000 |
| 2+1 | 3 | $1,800 | 870 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 124-07-1460 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $26,375 |
Property Taxes
Parcel Number
124-07-1460
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$26,375
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Omer Kreso
816 E 10th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.