2720 N Fritz Drive, Tucson, AZ 85705 (MLS# 22620197)

2720 N Fritz Drive, Tucson, AZ 85705

$465,000

Property Type: Multi-Family Square Footage: 2,713 Lot Size (sq. ft.): 6,500 Status: Active

Current Price: $465,000 List Date: 8/19/2026 Last Modified: 9/05/2026

Overview

Description

This updated triplex offers an excellent opportunity for investors or owner-occupants looking to generate rental income. Unit 1 features 2 bedrooms and 1 bathroom, Unit 2 features 1 bedroom and 1 bathroom, and the newly added Unit 3 features 2 bedrooms and 2 bathrooms. Unit 3 includes tile flooring, modern finishes, and a tankless water heater. Units 1 and 2 feature updated kitchens and bathrooms, durable flooring, fresh paint, and updated windows. Additional highlights include a newer roof, off-street parking, and a spacious fenced yard with mature desert landscaping. Conveniently located just minutes from the University of Arizona, this versatile triplex offers great rental potential and multiple living options. A great opportunity to add a multi-unit property to your investment

Supplements: portfolio!

Listing Details MLS# 22620197

Address Information

Street #: 2720
Direction: N
Street Name: Fritz
Suffix: Drive
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 107130610
Area: Central
Subdivision: Coronado Heights

General Property Information

Dwelling Type: Triplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.15
Lot Sqft: 6500
Lot Size Source: Owner
Combined SqFt: 2713
Year Built: 1948
Total Parking: 5
School District: Amphitheater
Elementary School: Keeling
Middle School: La Cima
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 171.4
Lot Size Price/SqFt: 71.54

Property Features

Construction: Frame - Stucco; Slump Block Style: Contemporary Roof: Built-Up - Reflect Living Areas: Living Room Dining Areas: Eat-In Kitchen Dining Room: Area Breakfast: Area Kitchen Features: Gas Range Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall Laundry: Laundry Room Extra Room: None Floor Covering: Carpet; Ceramic Tile Window Covering: Some Window Features: Double Pane Windows Technology: Cable TV; High Speed Internet Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Water Heater: Electric; Natural Gas Electric: Solar Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Green Features: Tankless Water Heater Pool: None Spa: None Fence: Block; Chain Link Landscape - Front: Low Care Landscape - Rear: Low Care View: Residential Road Type: Paved Exterior Feature: Shed(s) Lot Features: East/West Exposure Neighborhood Features: None Terms: Cash; Conventional; FHA Loan; VA Loan Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: None Special Conditions: None

Contract Information

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

More Information

Showing Information

Directions: N Stone Ave & W Glenn St. South on Stone to Glenn. West to Fritz, south to property.

Unit Info

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

Unit 1 Information

Monthly Rent: 1900
# Beds: 2
# Full Baths: Yes
SqFt: 1000
Occupancy: No
Stories: Single
Floor: 1st
Furnished: Partially
Parking: On Property

Unit 2 Information

Monthly Rent: 1300
# Beds: Yes
# Full Baths: Yes
SqFt: 913
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 3 Information

Monthly Rent: 2000
# Beds: 2
# Full Baths: 2
SqFt: 800
Occupancy: Yes
Stories: Single

Analysis

Cap Rate %: 0.7
Gross Rent Multi: 89.42
Exp/SqFt: 0.72
Exp % of Gross: 37.79

Income

Gross Scheduled Rent: 5200
Adjusted Gross: 5200
Total Expenses: 1965.17
Net Opp Income: 3234.83

Expenses

Gas/Electric: 355.17
Taxes/Assessments: 1610
Figures Presented: Actual

Kitchen Features

Pantry: Cabinet
Appliance Color: Black

Interior Features

Interior Steps: No

Electric

Electric Company: TEP

Utilities Paid

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

Driveway

Paved: Gravel

RV Parking

Other: None

Subdivision Restrict

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

Home Protection

Offered: No

Listing Office: Tierra Antigua Realty

Last Updated: September - 05 - 2026

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