1321 N Palo Verde Boulevard, Tucson, AZ 85716 (MLS# 22615343)

1321 N Palo Verde Boulevard, Tucson, AZ 85716

$699,000

Property Type: Multi-Family Square Footage: 3,588 Lot Size (sq. ft.): 16,509 Status: Active

Current Price: $699,000 List Date: 6/19/2026 Last Modified: 6/19/2026

Overview

Description

This is a 6 Plex made up of 3 individual duplexes 1321- 1331 N Palo Verde. Each unit is a spacious 1 bedroom 1 bathroom. Each unit has its own address. Separate electric and gas meters for each unit. Each building has its own water line. This is a great central location, close to he U of A. Property has plenty of off street parking and bulk trash on site. Over 1/3 acre corner lot. Make the this income yours today. Do not disturb tenants.

Listing Details MLS# 22615343

Address Information

Street #: 1321
Direction: N
Street Name: Palo Verde
Suffix: Boulevard
State/Province: AZ
Zip Code: 85716
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 122-17-0760
Area: Central
Subdivision: Morning View
Tax Year: 2024
Taxes: 3552.74
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Morning View Tracts N2 Of Lot 10 Blk 7
Township: 14
Community: None
Range: 14
Section: 4
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 118x140
Lot Acres: 0.38
Lot Sqft: 16509
Lot Size Source: Assessor
Combined SqFt: 3588
Year Built: 1952
Total Parking: 12
School District: TUSD
Elementary School: Blenman
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 194.82
Lot Size Price/SqFt: 42.34

Property Features

Construction: Brick Style: Ranch Roof: Built-Up Living Areas: Family Room Dining Areas: Eat-In Kitchen Dining Room: Area Breakfast: None Kitchen Features: Gas Range; Refrigerator Bathroom Features: None Laundry: None Extra Room: None Interior Features: Ceiling Fan(s); Smoke Detector Floor Covering: Ceramic Tile Window Covering: Some Technology: High Speed Internet Main Cooling: Ceiling Fan(s); Window Unit(s) Main Heating: Forced Air; Natural Gas Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Chain Link Landscape - Front: Decorative Gravel; Low Care Landscape - Rear: Low Care View: Mountain(s) Road Type: Paved RV Parking: Space Available Exterior Feature: None Lot Features: Corner Lot Neighborhood Features: None Terms: Cash; Conventional Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: Military Airport Vct; Seller Prop Disclosure; Insurance Claims History Report Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Distressed Info: None

More Information

Showing Information

Directions: Speedway/Palo Verde

Unit Info

# of Units/1 BR: Yes

Unit 1 Information

Monthly Rent: 900
# Beds: Yes
# Full Baths: Yes
SqFt: 598
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 2 Information

Monthly Rent: 900
# Beds: Yes
# Full Baths: Yes
SqFt: 598
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 3 Information

Monthly Rent: 900
# Beds: Yes
# Full Baths: Yes
SqFt: 598
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property

Unit 4 Information

Monthly Rent: 900
# Beds: Yes
# Full Baths: Yes
SqFt: 598
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Analysis

Cap Rate %: 0.39
Gross Rent Multi: 136.26
Vacancy Rate %: 5
Exp/SqFt: 0.67
Exp % of Gross: 46.51

Income

Gross Scheduled Rent: 5400
Vacancy Loss: 270
Adjusted Gross: 5130
Total Expenses: 2386.06
Net Opp Income: 2743.94
Other Income: 0

Expenses

Gas/Electric: 365
Insurance: 1500
Taxes/Assessments: 296.06
Water/Sewer: 225
Figures Presented: Proforma
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Other Expenses: 0

Kitchen Features

Appliance Color: White
Gas Range: Yes
Refrigerator: Yes

Electric

Electric Company: TEP

Utilities Paid

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

Driveway

Paved: Gravel

Subdivision Restrict

Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes

Home Protection

Offered: No

Gas

Natural: Yes

Construction

Brick: Yes

Style

Ranch: Yes

Sewer

Connected: Yes

Roof

Built-Up: Yes

Water

Public: Yes

Living Areas

Family Room: Yes

Dining Areas

Eat-In Kitchen: Yes

Fence

Chain Link: Yes

Dining Room

Area: Yes

View

Mountain(s): Yes

Breakfast

None: Yes

Road Type

Paved: Yes

Road Maintenance

City: Yes

Lot Features

Corner Lot: Yes

Main Cooling

Ceiling Fan(s): Yes
Window Unit(s): Yes

Laundry

None: Yes

Neighborhood Features

None: Yes

Main Heating

Forced Air: Yes
Natural Gas: Yes

Extra Room

None: Yes

Water Heater

Natural Gas: Yes

Association & Fees

HOA: No

Interior Features

Ceiling Fan(s): Yes
Smoke Detector: Yes

Bathroom Features

None: Yes

Terms

Cash: Yes
Conventional: Yes

Floor Covering

Ceramic Tile: Yes

Submit With Offer

Lender Pre-Approval: Yes
Proof of Funds: Yes

Window Covering

Some: Yes

Accessibility Option

None: Yes

Technology

High Speed Internet: Yes

Special Conditions

None: Yes

Security

None: Yes

Landscape - Front

Decorative Gravel: Yes
Low Care: Yes

Landscape - Rear

Low Care: Yes

Patio/Deck

Covered: Yes

Pool

None: Yes

Property Disclosures

Insurance Claims History Report: Yes
Military Airport Vct: Yes
Seller Prop Disclosure: Yes

Spa

None: Yes

RV Parking

Space Available: Yes

Exterior Feature

None: Yes

Listing Office: Panacea Realty

Last Updated: June - 19 - 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.