Multi-Unit Residential Income
For Sale
$499,999
1089 W Schafer Drive, Tucson, AZ 85705
MULTI_FAMILY - Ranch - Tucson, AZ
Property Size4,089 SF
Lot Size0.28 Acres
Price / SF$122.28
Days on Market260
Property Features for 1089 W Schafer Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Tucson - MU
Fencing
Chain Link
Appliances
Gas Range, Refrigerator
Lot features
East/ West Exposure
Elementary school
Rio Vista
Middle school
La Cima
High school
Amphitheater
Elementary school district
Amphitheater
Middle school district
Amphitheater
High school district
Amphitheater
Directions
Wetmore & Flowing Well go East to Schafer Dr. North to address.Property is the 1st prop. on east side of Schafer Dr. and Wetmore.
Subdivision
Central
Standard status
Active
APN
104-10-022A
Size
4,089 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Subdivision: Pine Knoll Lot: 122 Sixteenth: Sw Quarter: Sw Section: 22 Township: 21N Range: 07E
Legal Description
Subdivision: Pine Knoll Lot: 122 Sixteenth: Sw Quarter: Sw Section: 22 Township: 21N Range: 07E
Utilities
Heating system
Electric (Heating), Forced Air
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1964
Number of units
4
Flooring type
Vinyl
Building materials
Frame
Roof type
Built-Up
Architectural style
Ranch
Listing Agency:
United Real Estate Specialists
(520) 612-7422
Listed By:
Victor J Cabibo · License #SA669203000
(973) 934-2100
Added: Nov 13, 2025
Changed: Jul 24
Last Checked: Jul 31 at 9:06PM
MLS# 22529471
Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale multi-unit residential income property includes a spacious manufactured home, a studio apartment, and four one-bedroom, one-bath units. The property is configured to provide multiple separate rental units within one offering.
The address is 1089 W Schafer Drive in Tucson, Arizona 85705, in Pima County. The lot size is 0.28 acres, and the listed property size is 4,089 square feet. Zoning is shown as “Tucson - MU.”
The overall mix of unit types—manufactured home, studio apartment, and four one-bedroom units—creates a diversified residential rental profile within the same property.
The address is 1089 W Schafer Drive in Tucson, Arizona 85705, in Pima County. The lot size is 0.28 acres, and the listed property size is 4,089 square feet. Zoning is shown as “Tucson - MU.”
The overall mix of unit types—manufactured home, studio apartment, and four one-bedroom units—creates a diversified residential rental profile within the same property.
Key Highlights
- Multi‑unit property with a manufactured home, a studio apartment, and four 1‑bedroom, 1‑bath units
- Built in 1964 with ranch architectural style and frame construction
- Public water service
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.3k | $15.00 |
| − Vacancy | −$4.9k | −$1.20 |
| EGI | $56.4k | $13.80 |
| − OpEx | −$16.9k | −$4.14 |
| NOI | $39.5k | $9.66 |
4,089 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$564.3K
$493.8K – $658.3K
NOI $39,500 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$512.0K
$448.0K – $597.3K
NOI $35,837 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$940.9K
$823.3K – $1.10M
NOI $65,865 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 85705, AZ
56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Income-focused multi-unit property with a manufactured home, studio apartment, and four one-bedroom units on a single lot.
Where is this quadplex located?
The property is located at 1089 W Schafer Drive Tucson, AZ.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Multi‑unit property with a manufactured home, a studio apartment, and four 1‑bedroom, 1‑bath units; Built in 1964 with ranch architectural style and frame construction; Public water service
