1022 N Palo Verde Boulevard
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    Courtesy of SAZMLSNWMLS

    OverviewEstate Overview - $435,000

    Listing View5
    Like Count-
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    1022 N Palo Verde Boulevard,

    Tucson, AZ 85716

    Great investment OPP in the heart of The Old Pueblo! Palo Verde Apartments consist of 8 units close to The UofA & I-10.5 of the 8 units have been fully remodeled, w/ new roof, updated plumbing, electrical, new interior & outdoor paint, and more.The renos equate to a $115-$215 increase/mo.in rent for updated units, significantly increasing the potential cash flow of the property.Once all renos have been complete, the property is projected to bring in nearly $55K in potential rental income.Once the property has stabilized under new management, assuming an investor would continue to self-manage, the operating expenses are projected to sit at around 38%, equating to a proforma NOI of ~$34,200.This would bring the proforma cap rate up to 7.86%...See More

    • 0 Beds
    • 0 Baths
    • 3400 Sqft
    • MultiFamily

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 435,000
    Listing Date: 07/06/2018
    Days on dealty:Was on Dealty for 39 days
    County:Pima
    MLS Type:SAZMLS
    Built In:1961
    Has HOA:No
    Status Change Date:August 14, 2018
    Pool:Yes (None)
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: Quadruplex
    • Construction materials: Concrete Block
    • Roof: Built-Up
    • Architectural style: Ranch
    Flooring
    • Carpet
    • Wood
    Interior Spaces
      --
    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: None,
    • View: None
    • Fencing: None
    Lot Details
    • Lot size: 0.3 Acres / 33.0 Square feet
    • Lot features: Subdivided

    AmenitiesAmenities

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    Utilities
    • Cooling - Evaporative Cooling, Window Unit(s)
    • Heating - Electric, Forced Air, Natural Gas
    • Water Source : Public
    Laundry
    • None
    Parking
    • Garage Spaces: 0
    • Covered Spaces: 0

    HOAHOA & Financial

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    Primary HOA
      No
    Second HOA
      No
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
    • Howell
    • Tucson
    • Mansfeld
    • TUSD
    Neighborhood
    • N/A

    NeighborhoodExplore The Area

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    Similar HomesSimilar Homes

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    AgentListing Agent

    Agent
    Angela Kuzma

    (Keller Williams Southern Arizona)

    MLS # 21818622

    1022 N Palo Verde Boulevard

    Tucson, AZ 85716

    $435,000
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/1022-n-palo-verde-boulevard-tucson-az-85716
    Approx sqft
    3400
    Year Built
    1961
    Lot Size
    33 sqft/ 0.001 acres

    Great investment OPP in the heart of The Old Pueblo! Palo Verde Apartments consist of 8 units close to The UofA & I-10. 5 of the 8 units have been fully remodeled, w/ new roof, updated plumbing, electrical, new interior & outdoor paint, and more. The renos equate to a $115-$215 increase/mo. in rent for updated units, significantly increasing the potential cash flow of the property. Once all renos have been complete, the property is projected to bring in nearly $55K in potential rental income. On...(Visit the link to Get more info)

    AGENT CONTACT
    Angela Kuzma
    Keller Williams Southern Arizona

    Multiple Listing Service of Southern Arizona

    Real estate listing information presented on this website is sourced, in part, from the Internet Data Exchange (IDX) program of the Multiple Listing Service of Southern Arizona. IDX data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than identifying properties of potential interest to consumers. Listings from brokerages other than this website are identified with the MLSSAZ IDX logo. While the information is believed to be reliable, it is not guaranteed. Listing data © 2026 Multiple Listing Service of Southern Arizona. All rights reserved.