1322 E Lee Street, Tucson, AZ 85719 (MLS# 22616633)

1322 E Lee Street, Tucson, AZ 85719

New Listing

$475,000

Property Type: Multi-Family Square Footage: 1,752 Lot Size (sq. ft.): 7,500 Status: Active

Current Price: $475,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

Description

Exceptional Central Tucson Opportunity! Ideally situated near the University of Arizona and the Mountain Avenue Bike Path, this well-cared-for property features three separate units with private yards, offering versatility and convenience in a highly desirable location. The main residence is a classic 2-bedroom, 1-bath brick bungalow with dual cooling. An attached 1-bedroom, 1-bath unit and a detached 1-bedroom, 1-bath casita provide additional living space and flexibility. Separately metered gas and electric services, along with a master water meter, enhance functionality. Just minutes from the U of A, Banner University Medical Center, downtown Tucson, and countless dining and entertainment options, this is a rare opportunity to own a multi-unit property in the heart of Tucson.

Listing Details MLS# 22616633

Address Information

Street #: 1322
Direction: E
Street Name: Lee
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 123172330
Area: Central
Subdivision: Plumer & Steward Add 2
Tax Year: 2025
Taxes: 2193
Taxes For: Dwelling & Land
Legal Description: PLUMER & STEWARDS NO 2 E44.5' LOT 9 & W5.5' LOT 8 BLK 9
Township: 14
Community: None
Range: 14
Section: 6
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: 50X151X50X150
Lot Acres: 0.17
Lot Sqft: 7500
Lot Size Source: Assessor
Combined SqFt: 1752
Year Built: 1988
Total Parking: 6
School District: TUSD
Elementary School: Blenman
Middle School: Doolen
High School: Catalina
Horse Property: No
Horse Facilities: No
List Price/SqFt: 271.12
Lot Size Price/SqFt: 63.33

Property Features

Construction: Brick; Stucco Finish Style: Bungalow Roof: Membrane; Shingle Living Areas: Family Room Dining Areas: Dining in LR/GR Dining Room: Area Breakfast: Eat-In Kitchen Features: Gas Range; Refrigerator Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall Laundry: Outside Extra Room: Storage Floor Covering: Ceramic Tile Window Covering: Stay Technology: Cable TV Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s) Main Heating: Forced Air Water Heater: Electric Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Chain Link Landscape - Front: Desert Plantings; Low Care Landscape - Rear: Desert Plantings; Low Care View: Residential Road Type: Paved RV Parking: Space Available Exterior Feature: Shed(s) Lot Features: North/South Exposure Neighborhood Features: None Assoc Amenities: None Terms: Cash; Conventional; FHA Loan; Submit Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: 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: From Speedway & Mountain go N to Lee, E to address.

Unit Info

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

Unit 1 Information

Monthly Rent: 1250
# Beds: 2
# Full Baths: Yes
SqFt: 900
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 2 Information

Monthly Rent: 750
# Beds: Yes
# Full Baths: Yes
SqFt: 417
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 3 Information

Monthly Rent: 1320
# Beds: Yes
# Full Baths: Yes
SqFt: 434
Occupancy: Yes
Stories: Single
Furnished: Yes
Parking: On Property

Analysis

Cap Rate %: 7.37
Gross Rent Multi: 11.92
Exp/SqFt: 2.77
Exp % of Gross: 12.19
Vacancy Rate %: 0

Income

Gross Scheduled Rent: 39840
Adjusted Gross: 39840
Total Expenses: 4856
Net Opp Income: 34984
Vacancy Loss: 0
Other Income: 0

Expenses

Gas/Electric: 276
Insurance: 1079
Taxes/Assessments: 2193
Water/Sewer: 1308
Figures Presented: Actual
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Other Expenses: 0

Kitchen Features

Pantry: Closet
Countertops: tile
Gas Range: Yes
Refrigerator: Yes

Interior Features

Interior Steps: No

Electric

Electric Company: TEP

Utilities Paid

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

Driveway

Paved: Asphalt

Subdivision Restrict

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

Submit With Offer

Digital Signatures: Yes
Loan Pre-Qualifiaction: Yes
Proof of Funds: Yes

Home Protection

Offered: No

Gas

Natural: Yes

Construction

Brick: Yes
Stucco Finish: Yes

Style

Bungalow: Yes

Sewer

Connected: Yes

Roof

Membrane: Yes
Shingle: Yes

Water

Public: Yes

Living Areas

Family Room: Yes

Dining Areas

Dining in LR/GR: Yes

Fence

Chain Link: Yes

Dining Room

Area: Yes

View

Residential: Yes

Breakfast

Eat-In: Yes

Road Type

Paved: Yes

Road Maintenance

City: Yes

Lot Features

North/South Exposure: Yes

Main Cooling

Central Air: Yes
Evaporative Cooling: Yes
Wall Unit(s): Yes

Laundry

Outside: Yes

Neighborhood Features

None: Yes

Main Heating

Forced Air: Yes

Extra Room

Storage: Yes

Water Heater

Electric: Yes

Association & Fees

HOA: No

Bathroom Features

Shower & Tub/Primary: Yes
Shower & Tub/Hall: Yes

Terms

Cash: Yes
Conventional: Yes
FHA Loan: Yes
Submit: Yes

Floor Covering

Ceramic Tile: Yes

Window Covering

Stay: Yes

Accessibility Option

None: Yes

Technology

Cable TV: Yes

Special Conditions

None: Yes

Security

None: Yes

Landscape - Front

Desert Plantings: Yes
Low Care: Yes

Landscape - Rear

Desert Plantings: Yes
Low Care: Yes

Patio/Deck

Covered: Yes
Patio: Yes

Pool

None: Yes

Property Disclosures

Insurance Claims History Report: Yes
Seller Prop Disclosure: Yes

Spa

None: Yes

RV Parking

Space Available: Yes

Exterior Feature

Shed(s): Yes

Assoc Amenities

None: Yes

Documents

Lead Paint Discl ›

Listing Office: OMNI Homes International

Last Updated: August - 03 - 2026

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