Updated Duplex Near University of
1701 N 6th Avenue Tucson, AZ 85705
For Sale
$410,000
MULTI_FAMILY - Contemporary - Tucson, AZ
Property Size1,490 SF
Lot Size0.15 Acres
Price / SF$275.17
Days on Market55
Property Features for 1701 N 6th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Tucson - O3
- Parking
- 5
- Appliances
- Electric Range, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- 115-07-3230
- Size
- 1,490 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BRONX PARK BLOCKS A B & C LOT 2 EXC W4.80' & E5.40' BLK A
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1995
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Frame - Stucco
- Roof type
- Shingle
- Architectural style
- Contemporary
Listing Agency:
Tierra Antigua Realty
(520) 318-5290
Listed By:
Linda M Blessing
(520) 591-5232
Added: May 30
Changed: Jul 18
Last Checked: Jul 23 at 11:06PM
MLS# 22613710
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 recently updated duplex is located near the University of Arizona and Historic 4th Ave. Each unit features a split floorplan with 2 bedrooms and 2 full baths, plus its own inside laundry. Unit 1 has 2 separate parking spots, and Unit 2 has 3 separate parking spots. All utilities are metered separately. The property has newer appliances, newer PEX water lines, and newer water heaters. The property also features a fully enclosed private yard. New HVAC is planned for April 2026. The property size is 1490 square feet, and the lot size is 0.15 acres. The zoning is Tucson - O3.
Key Highlights
- Recently updated duplex built in 1995 with each unit offering a split floorplan: 2 bedrooms and 2 full baths
- Each unit has its own inside laundry and separately metered utilities
- New HVAC installed April 2026, plus newer appliances throughout
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 | $22.4k | $15.00 |
| − Vacancy | −$1.8k | −$1.20 |
| EGI | $20.6k | $13.80 |
| − OpEx | −$6.2k | −$4.14 |
| NOI | $14.4k | $9.66 |
1,490 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$205.6K
$179.9K – $239.9K
NOI $14,393 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$186.6K
$163.2K – $217.7K
NOI $13,059 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$342.9K
$300.0K – $400.0K
NOI $24,001 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Paradise Inn Motel
Hotel & Motel
FAQs
What type of property is this?
Duplex - Updated duplex near U of A and Historic 4th Ave.
Where is this duplex located?
The property is located at 1701 N 6th Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Recently updated duplex built in 1995 with each unit offering a split floorplan: 2 bedrooms and 2 full baths; Each unit has its own inside laundry and separately metered utilities; New HVAC installed April 2026, plus newer appliances throughout
