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321 E Blacklidge Drive, Tucson, AZ 85705

$600,000
Property Type: Multi-Family Square Footage: 3,812 Lot Size (sq. ft.): 15,594 Status: Active
Current Price: $600,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

Description

Don't miss this investment opportunity consisting of one Triplex and one Duplex on a single parcel. There are (4) two-bedroom/one-bath units and (1) one-bedroom/one-bath unit to make up a total of 5 individual rental units. All two-bedroom units have an identical floor plan. Each 2/1 unit has vaulted ceilings with wood beams and a variation of ceramic tile, wood-look laminate, and carpet. All rentals have A/C units, fenced yards, as well as washer & dryer hook-ups on each back patio. There is one covered carport space and one storage closet for each unit. Tenants pay their own utilities (Electric+Gas+Water/Sewer/Trash). Current rents are below market value. Do not disturb existing tenants. Please call us with questions. The owner of the property is a licensed Realtor in the State of AZ.

Listing Details MLS# 22615658

Address Information

Street #
321
Direction
E
Street Name
Blacklidge
Suffix
Drive
State/Province
AZ
Zip Code
85705
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
107-11-255B
Area
Central
Subdivision
Coronado Heights
Comparable Only Listing
No
Tax Year
2025
Taxes
3095.34
Taxes For
Dwelling & Land
Legal Description
Coronado Heights E 100' Of Lot 7 & W 30' Of E 100' Lot 10 Blk 14
Township
13
Community
None
Range
13
Section
36
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Quadruplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Buyer to verify
Lot Acres
0.35
Lot Sqft
15594
Lot Size Source
Assessor
Combined SqFt
3812
Year Built
1971
Total Parking
5
School District
Amphitheater
Elementary School
Keeling
Middle School
Amphitheater
High School
Amphitheater
Horse Property
No
Horse Facilities
No
List Price/SqFt
157.4
Lot Size Price/SqFt
38.48

Property Features

Construction: Concrete Block Style: Southwestern Roof: Shingle Living Areas: Off Kitchen Dining Areas: Eat-In Kitchen Dining Room: None Breakfast: Eat-In Kitchen Features: Double Sink; Gas Range; Dishwasher; Disposal; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Outside Extra Room: None Interior Features: Beamed Ceilings; Smoke Detector Floor Covering: Carpet; Ceramic Tile Window Covering: Some Technology: Pre-Wired Tele Lines Main Cooling: Central Air Main Heating: Forced Air Water Heater: Electric; Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Block; Shared Fence Landscape - Front: Flower Beds; Low Care; Natural Desert; Shrubs Landscape - Rear: Low Care; None View: Residential; Mountain(s) Road Type: Chip/Seal Exterior Feature: None Lot Features: East/West Exposure; Subdivided Neighborhood Features: Paved Street Terms: Cash; Submit Submit With Offer: Income Property Addendum; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Lead Based Paint; Military Airport Vct; Public Airport Vcty; Seller Prop Disclosure; Insurance Claims History Report Special Conditions: Owner/Agent; None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
FROM FORT LOWELL & 1st AVE: SOUTH ON 1ST AVE. TO BLACKLIDGE; WEST ON BLACKLIDGE; ADDRESS ON NORTH SIDE OF STREET (ENTRY THROUGH TURQUOISE GATES).

Unit Info

# of Units/1 BR
Yes
# of Units/2 BR
4

Unit 1 Information

Monthly Rent
765
# Beds
2
# Full Baths
Yes
SqFt
790
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
Carport

Unit 2 Information

Monthly Rent
765
# Beds
2
# Full Baths
2
SqFt
790
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
Carport

Unit 3 Information

Monthly Rent
730
# Beds
2
# Full Baths
2
SqFt
790
Occupancy
Yes
Stories
Single
Furnished
No
Parking
Carport

Unit 4 Information

Monthly Rent
680
# Beds
Yes
# Full Baths
Yes
SqFt
652
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
Carport

Analysis

Cap Rate %
8.18
Gross Rent Multi
9.95
Vacancy Rate %
5.19
Exp/SqFt
2.94
Exp % of Gross
18.58

Income

Gross Scheduled Rent
63600
Vacancy Loss
3300
Adjusted Gross
60300
Total Expenses
11206
Net Opp Income
49094
Other Income
0

Expenses

Gas/Electric
300
Insurance
2130
Maintenance Supplies
2000
Management
3380
Taxes/Assessments
3096
Water/Sewer
300
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Resident Manager
0
Other Expenses
0

Floor Covering

Other
laminate
Carpet
Yes
Ceramic Tile
Yes

Electric

Electric Company
TEP

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Tenant
Insurance
Owner
Sewer
Tenant
Taxes
Owner
Trash
Tenant
Water
Tenant

Fence

Other
Multiple Types
Block
Yes
Shared Fence
Yes

Driveway

Paved
Gravel

RV Parking

Other
None - no area.

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
No

Terms

Other
DSCR Loan
Cash
Yes
Submit
Yes

Submit With Offer

Digital Signatures
Yes
Income Property Addendum
Yes
Lender Pre-Approval
Yes
Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Home Protection

Offered
No

Gas

Natural
Yes

Construction

Concrete Block
Yes

Style

Southwestern
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Water

Public
Yes

Living Areas

Off Kitchen
Yes

Dining Areas

Eat-In Kitchen
Yes

Dining Room

None
Yes

View

Mountain(s)
Yes
Residential
Yes

Breakfast

Eat-In
Yes

Road Type

Chip/Seal
Yes

Kitchen Features

Double Sink
Yes
Gas Range
Yes
Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes

Road Maintenance

City
Yes

Lot Features

East/West Exposure
Yes
Subdivided
Yes

Main Cooling

Central Air
Yes

Laundry

Outside
Yes

Neighborhood Features

Paved Street
Yes

Main Heating

Forced Air
Yes

Extra Room

None
Yes

Water Heater

Electric
Yes
Natural Gas
Yes

Association & Fees

HOA
No

Interior Features

Beamed Ceilings
Yes
Smoke Detector
Yes

Bathroom Features

Shower & Tub/Hall
Yes

Window Covering

Some
Yes

Accessibility Option

None
Yes

Technology

Pre-Wired Tele Lines
Yes

Special Conditions

Owner/Agent
Yes
None
Yes

Security

None
Yes

Landscape - Front

Flower Beds
Yes
Low Care
Yes
Natural Desert
Yes
Shrubs
Yes

Landscape - Rear

Low Care
Yes
None
Yes

Patio/Deck

Covered
Yes

Pool

None
Yes

Property Disclosures

Insurance Claims History Report
Yes
Lead Based Paint
Yes
Military Airport Vct
Yes
Public Airport Vcty
Yes
Seller Prop Disclosure
Yes

Spa

None
Yes

Exterior Feature

None
Yes
IDX
Listing Office: Realty Executives Arizona Territory
Last Updated: June - 23 - 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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