5770 S Jeanette Boulevard

Tucson, AZ 85706
  • $3,995,000

    Price
  • 31,884

    SqFt
  • 1.51

    Acre

About the Listing 573001 - 55317

Drexel Plaza is a 58-unit multifamily community located at 5770 S. Jeanette Boulevard in Tucson. Built in 1988, the property consists of two three-story buildings and one two-story building situated on approximately 1.51 acres. The unit mix includes 42 one-bedroom/one-bath units, 15 two-bedroom/one-bath units and one studio. Community amenities include a swimming pool and on-site laundry facility. Units are individually metered for electricity. Current ownership has invested more than $110,000 in capital improvements, including HVAC replacements, landscaping, pool improvements and roof recoating. Drexel Plaza is currently 96.6% occupied and offers additional upside through interior renovations and continued rent growth. In-place rents average approximately $680 per occupied unit, compared with pro forma rents averaging approximately $845 per unit. Recent two-bedroom leases have been signed at rents as high as $885. The property is located near Drexel Road and Park Avenue with convenient access to I-10 and I-19, Tucson Spectrum, Tucson International Airport and the RTX/Raytheon campus. The location provides access to major employment, retail and transportation corridors throughout south Tucson.

Listing Highlights for 5770 S Jeanette Boulevard

Status Active
Days on Site 17
Property Type Commercial Sale
MLS ® 22622395
Year Built 1988
Total Square Footage 31,884
Lot/Acreage 1.51
County Pima
Area South

Interior Details

  • Appliances:
  • Air Cond: Central Air,Wall Unit(s)
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other: No Interior Steps
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 215 X 200 X 265 X 250
  • Zoning: Tucson - C1
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $23,731
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 14025011B
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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Listing Location

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5770 S Jeanette Boulevard Tucson, AZ 85706

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Originating MLS: MLS of Southern Arizona

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