$445,000
Tucson, AZ 85756
MLS# 22531806
Status: Active Contingent
2958 sqft
1 / 10
Property Description
Astute investors take note. This rare offering features two duplexes situated on an expansive 47,606-sq-ft (over one-acre) parcel long-term upside. The buildings are thoughtfully positioned along the edge of the property, maximizing usable land and leaving substantial room for gardens, storage, or additional ancillary improvements (no additional residential units), a highly valuable attribute for owner-users or investors seeking flexibility. The property delivers scheduled gross income of approximately $48,300 annually (before vacancy and expenses), offering solid cash flow from day one with potential for operational optimization over time. Make an offer today motivated seller. Rents are actual
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: $445,000
List Price: $445,000
Listing Date: 2025-12-15
Status: Active Contingent
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2026-01-09
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: 150.44
Lot Size Price/SqFt: 9.55
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: 10.35
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: January - 09 - 2026
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