UAAP Season 49 men's basketball tournament

1986 UAAP season
Host school National University
Men's Finals G1 G2Wins
 UE Red Warriors 75 890+1
 UP Fighting Maroons 86 982
DurationOctober 25-27, 1986
Arena(s)ULTRA
Winning coachJoe Lipa (1st title)
TV network(s)IBC, PTV

The 1986 UAAP men's basketball tournament was the 49th year of the men's tournament of the University Athletic Association of the Philippines (UAAP)'s basketball championship. Hosted by National University, the UP Fighting Maroons defeated the UE Red Warriors in the finals taking their first UAAP men's basketball championship in 47 years. Prior to the start of the season, De La Salle University was admitted as the eighth member school of the league.