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Adobe Duplex Near Bonita Park
For Sale
$325,000

15 N Bonita Avenue, Tucson, AZ 85745

Residential Income, Ranch, Southwestern, Territorial, Tucson, AZ

Property Size1,478 SF
Lot Size0.13 Acres
Price / SF$219.89
Days on Market142

Property Features for 15 N Bonita Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Tucson - R2
Parking 6
Interior features Adobe
Fencing Chain Link
Appliances Gas Range, Refrigerator
Subdivision West Congress St. Addition
Lot features East/ West Exposure
Elementary school Maxwell K-8
Middle school Safford K-8 Magnet
High school Cholla
Elementary school district TUSD
Middle school district TUSD
High school district TUSD
Directions From Congress and I-10, West on Congress, turn right (N) onto Bonita Ave. Take first U-turn to parking street, Address on right
Standard status Active
APN 116-19-1480
Size 1,478 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description From Parcel:001010010 /West Congress Street N2 Of Lot 18 Blk 1
Legal Description From Parcel:001010010 /West Congress Street N2 Of Lot 18 Blk 1

Utilities

Heating system Baseboard
Cooling system Evaporative Cooling, Window Unit(s)

Building Details

Year built 1936
Number of units 2
Flooring type Wood, Tile
Building materials Adobe
Roof type Built-Up, Shingle, Tile
Architectural style Ranch
Listing Agency: HomeSmart Advantage Group · HomeSmart International
Listed By: Aaron Ochoa Jr
Added: May 18 Changed: Oct 2 Last Checked: Oct 6 at 6:06PM
MLS# 22612759

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 Tucson duplex contains 1,478 square feet on a 0.13-acre parcel and was built in 1936. The ranch-style property features adobe construction, tile and wood flooring, baseboard heating, window-unit and evaporative cooling, and a mix of shingle, tile, and built-up roofing. A gas range and refrigerator are included, while chain-link fencing encloses the site. The property is zoned Tucson - R2.

The address places the duplex directly across from Bonita Park, the historic Garden of Gethsemane, and The Loop along the Santa Cruz River. Downtown Tucson, Mercado San Agustin, MSA Annex, the streetcar, I-10, the University of Arizona, and Sentinel Peak are all identified nearby in the property information. The Mercado District is described as an area with ongoing investment, redevelopment, new businesses, restaurants, housing, and activity.

Key Highlights

  • 1,478‑square‑foot duplex on a 0.13‑acre lot
  • Tucson - R2 zoning
  • Adobe construction with ranch architectural style

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,562
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,240 $331.2K
Cap Rate 7%
$236,600 $236.6K
Cap Rate 9%
$184,022 $184.0K
Market Conditions
NOI Build-Up for 1,478 SF
Gross rent
$25.7K $17.40/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$23.7K $16.01/SF
− OpEx
−$7.1K −$4.80/SF
NOI
$16.6K $11.21/SF
Area
Tucson, AZ
Vacancy
8.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,240
Cap Rate 7%
$236,600
Cap Rate 9%
$184,022

Alternative Uses

Best Use
Multifamily LT 5
$236.6K
$207.0K – $276.0K (±1% cap)
NOI $16,562 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$217.0K
$189.8K – $253.1K (±1% cap)
NOI $15,187 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$383.9K
$336.0K – $447.9K (±1% cap)
NOI $26,876 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Locksmith Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,501
Businesses Nearby

Demographics for 85745, AZ

36,774
Population
17,662
Households
2.1
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
47.0 sq mi
ZIP Area
782
Density / Sq Mi
$68,608
Median Household Income
$40,353
Median Earnings
$1,128
Median Rent
$324,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style duplex with adobe construction, tile and wood flooring, and proximity to Tucson’s Mercado District and Santa Cruz River path.
Where is this duplex located?
The property is located at 15 N Bonita Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,478‑square‑foot duplex on a 0.13‑acre lot; Tucson - R2 zoning; Adobe construction with ranch architectural style
More about this property
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