2633 N Dodge Boulevard, Tucson, AZ 85716

$480,000
Property Type: Commercial Square Footage: 4,969 Lot Size (sq. ft.): 18,296 Status: Closed
Current Price: $480,000 List Date: 1/16/2020 Last Modified: 6/05/2026

Overview

Description

Great opportunity to purchase two masonary triplexes on two separate tax codes with one water meter. All units are 2 bedroom 1 bath with private yards, washer/dryer hookups, carports and all but one has central HVAC. Seller has invested over $68,000 in improvements since April 2018.. This includes 5 new HVAC units, roofs and remodeling 4 apartments. Property is 100% occupied and currently grossing $4510.00 per month. Units rent from $640 (no AC) to $825 per unit. Low maintenance exterior. Rents actual. Expenses proforma. Includes 2643 N. Dodge Tax code 111-08-078B. Property sold ''as is''.

Listing Details MLS# 22001504

Address Information

Street #
2633
Direction
N
Street Name
Dodge
Suffix
Boulevard
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
111-08-077A
Area
Central
Tax Year
2018
Taxes
3962
Assessments
0
Taxes For
Building & Land
Legal Description
Grantland Acres N132' S150' E70' Lot 2 & S65' Lot 1 & S18' Lot 2
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Property Sub-Type
Apartment
Construction Status
Existing
# Units
6
Total Parking
12
Multi-Tenant
Yes
Year Built
1979
Lot Dimensions
2 parcels- irregular configuration
Lot Acres
0.42
Lot Sqft
18296
Lot Size Source
Assessor
Combined SqFt
4969
Source of SqFt
Assessor
Leasable SqFt
4969
List Price/SqFt
96.6
Lot Size Price/SqFt
26.24

Property Features

Construction: Slump Block Roof: Built-Up Main Cooling: Central Air Main Heating: Electric; Forced Air Water Heater: Electric Gas: None Sewer: Connected Water: Public Security: None Fence: Chain Link Landscape - Front: Low Care Landscape - Rear: Low Care Road Type: Paved Parking: Common Lot Features: Adjacent to Alley Traffic Count: Unknown Terms: Cash; Conventional Possession: Recording Submit With Offer: Digital Signature Accepted; Earnest Check; Income Property Addendum; Proof of Funds

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

Status Change Info

Off Market Date
2020-02-21
Pending Date
2020-03-10
Sold Date
2020-03-10
Sold Price/SqFt
96.6
Lot Sz Sold Prc/SqFt
26.24
Financing
Cash

More Information

Showing Information

Directions
Fort Lowell/Dodge S. to address

Income

Gross Scheduled Rent
54120
Vacancy Loss
2706
Adjusted Gross
51414
Total Expenses
18935
Net Opp Income
32479
Other Income
0

Analysis

Cap Rate %
6.77
Gross Rent Multi
9.34
Vacancy Rate %
5
Exp/SqFt
3.81
Exp % of Gross
36.83

Expenses

Figures Presented
Proforma
Insurance
3000
Maintenance Supplies
3500
Management
4113
Taxes/Assessments
3962
Water/Sewer
4200
Other Expenses
160
Admin Expenses
0
Captial Expenses
0
Contract Services
0
Gas/Electric
0
Resident Manager
0

Unit Information

Apartment
Low Rise

Apartment Unit Information

Avg Mo Rent/2 BR
751

Electric

Electric Company
TEP

Sold Info

Selling Comments
AS IS Sale
Seller Concessions
0

Gas

None
Yes

Construction

Slump Block
Yes

Sewer

Connected
Yes

Roof

Built-Up
Yes

Water

Public
Yes

Fence

Chain Link
Yes

Road Type

Paved
Yes

Lot Features

Adjacent to Alley
Yes

Main Cooling

Central Air
Yes

Main Heating

Electric
Yes
Forced Air
Yes

Water Heater

Electric
Yes

Terms

Cash
Yes
Conventional
Yes

Submit With Offer

Digital Signature Accepted
Yes
Earnest Check
Yes
Income Property Addendum
Yes
Proof of Funds
Yes

Security

None
Yes

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Parking

Common
Yes

Freeway/Highway

2.1 - 5 Mile
Yes

Traffic Count

Unknown
Yes

Possession

Recording
Yes
IDX
Listing Office: Tierra Antigua Realty
Last Updated: June - 05 - 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.

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