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5737 S Morris Boulevard, Tucson, AZ 85706

$625,000
Property Type: Commercial Square Footage: 3,623 Lot Size (sq. ft.): 12,415 Status: Active
Current Price: $625,000 List Date: 8/20/2026 Last Modified: 8/27/2026

Overview

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.

Open Houses

  • Tomorrow, 10:00 am - 2:00 pm

Listing Details 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

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
172.51
Lot Size Price/SqFt
50.34

Contract Information

Short Sale
No

Income

Gross Scheduled Rent
61310.12
Adjusted Gross
48419.32

More Information

Analysis

Cap Rate %
7.74

Unit Information

Apartment
Low Rise

Apartment Unit Information

# of Units/1 BR
Yes
Avg Mo Rent/1 BR
800
# of Units/2 BR
3
Avg Mo Rent/2 BR
1200
# of Units/3 BR
Yes
Avg Mo Rent/3 BR
1400

Documents

IDX
Listing Office: Real Broker
Last Updated: August - 27 - 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 2026 MLS of Southern Arizona. All Rights Reserved.

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