$395,000
Tucson, AZ 85756
MLS# 22531806
2958 sqft
1 / 10
Property Description
Investment Value Add - 2 Duplexes on Acre Lot Astute investors take note. This rare offering features two duplexes on an expansive 47,606-sq-ft (over one-acre) combining in-place income with clear value-add potential. The duplexes are positioned along the edge of the property, intentionally preserving a large, usable interior portion of the lot—ideal for gardens, storage,
Details
Maps
Address Information
Street #: 10473
Direction: S
Street Name: Nogales
Suffix: Highway
State/Province: AZ
Zip Code: 85756
County: Pima
Country: USA
Location Tax Legal
Tax Code: 303-13-170F
Area: South
Contract Information
Current Price: $395,000
List Price: $395,000
Listing Date: 2025-12-15
Status: Active
Method of Title: Fee (Simple)
Short Sale: No
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 4
Total Parking: 20
Year Built: 1967
Lot Dimensions: Irregular
Lot Acres: 1.07
Lot Sqft: 46609
Lot Size Source: Assessor
Combined SqFt: 2958
Source of SqFt: Assessor
List Price/SqFt: 133.54
Lot Size Price/SqFt: 8.47
Remarks Misc
Geo Lat: 32.059959
Geo Lon: -110.953724
Showing Information
Directions: Valencia/Nogales Highway - South to Finley Drive continue South on Nogales Highway to fist driveway on the east side of the road. Veer north around and then east around the house at 10475 S nogales Highway . Subject property is directly behind this house.
Income
Gross Scheduled Rent: 48300
Vacancy Loss: 2898
Adjusted Gross: 45402
Analysis
Cap Rate %: 7.08
Gross Rent Multi: 8.7
Vacancy Rate %: 6
Expenses
Admin Expenses: 500
Contract Services: 500
Figures Presented: Proforma
Insurance: 1162
Maintenance Supplies: 1000
Management: 3532
Taxes/Assessments: 2037
Water/Sewer: 2400
Other Expenses: 1000
Apartment Unit Information
# of Units/1 BR: 1
Avg Mo Rent/1 BR: 830
# of Units/2 BR: 2
Avg Mo Rent/2 BR: 950
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 1295
Electric
Electric Company: TEP
Water
Water Company: Metro
Property Features
Construction: Concrete Block
Roof: Built-Up
Main Cooling: Central Air
Main Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Gas: Natural
Sewer: Septic
Accessibility Option: None
Security: None
Fence: None
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Lot Features: North/South Exposure
Terms: Cash; Conventional
Submit With Offer: Lender Pre-Approval; Proof of Funds
Property Disclosures: Lead Based Paint
Special Conditions: None
Listing Office: Realty Executives Arizona Territory
Last Updated: March - 17 - 2026
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