Versatile Duplex on Large
2001 S 3rd Avenue Tucson, AZ 85713
2001 S 3rd Avenue, Tucson, AZ, 85713
$329,900
For Sale
$329,900
MULTI_FAMILY - Ranch - Tucson, AZ
Property Size1,565 SF
Lot Size0.16 Acres
Price / SF$210.80
Days on Market95
Property Features for 2001 S 3rd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- South Tucson - SR1
- Parking
- 6
- Parking features
- RV
- Fencing
- Chain Link
- Appliances
- Gas Range, Refrigerator
- Standard status
- Active
- APN
- 118-26-0820
- Size
- 1,565 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- From Parcel:001010010 /Homeland Lot 13 Blk 3
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1972
- Number of units
- 2
- Flooring type
- Concrete, Tile - Ceramic
- Building materials
- Brick
- Roof type
- Built-Up
- Architectural style
- Ranch
Listing agency
Keller Williams Southern Arizona
(520) 615-8400
Listed by
Kimberly Maisto
(520) 270-3939
Added: Apr 19 Updated: Jul 21 at 5:09AM Checked: Jul 22 at 2:06PM
MLS# 22610197
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 one-story duplex offers 1,565 sq ft of living space on a 6,970 sq ft lot. The property is suitable for living in one unit while renovating the other. It presents a strong rental opportunity or can be used for multi-generational living. The location provides easy access to nearby shopping, local markets, and everyday essentials within walking distance. Dining options, grocery stores, and retail centers along S 6th Avenue are just minutes away. The property is close to schools, parks, major roadways, and public transportation. Located in Tucson, AZ 85713, the property is within a strong rental corridor with steady demand and low taxes. The zoning is South Tucson - SR1.
Key Highlights
- 1‑story duplex offers 1,565 sq ft of living space with an adjoining unit for flexible use
- Huge 6,970 sq ft lot with RV parking and chain‑link fencing
- Brick ranch construction with tile‑ceramic and concrete flooring
Local 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 | $24.0k | $15.36 |
| − Vacancy | −$1.9k | −$1.23 |
| EGI | $22.1k | $14.13 |
| − OpEx | −$6.6k | −$4.24 |
| NOI | $15.5k | $9.89 |
1,565 SF · lease $15.36/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$221.2K
$193.5K – $258.0K
NOI $15,481 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$204.1K
$178.6K – $238.1K
NOI $14,284 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$383.1K
$335.2K – $447.0K
NOI $26,818 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - One-story duplex with rental potential in convenient Tucson location.
Where is this duplex located?
The property is located at 2001 S 3rd Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 1‑story duplex offers 1,565 sq ft of living space with an adjoining unit for flexible use; Huge 6,970 sq ft lot with RV parking and chain‑link fencing; Brick ranch construction with tile‑ceramic and concrete flooring
