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Remodeled Two-Unit Ranch Home

2112 E 18th Street Tucson, AZ 85719

2112 E 18th Street, Tucson, AZ, 85719
$315,000
For Sale
$315,000

MULTI_FAMILY - Ranch - Tucson, AZ

Property Size1,250 SF
Lot Size0.14 Acres
Price / SF$252
Days on Market112

Property Features for 2112 E 18th Street

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Tucson - R2
Parking
5
Window features
Double Pane Windows
Patio and Porch features
Patio
Interior features
Beamed Ceilings
Exterior features
Built-in Barbecue
Fencing
Chain Link
Appliances
Double Sink, Gas Range, Dishwasher, Disposal
Standard status
Active
APN
129-05-3280
Size
1,250 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
COUNTRY CLUB MANOR LOT 7 BLK 22

Utilities

Heating system
Radiant, Wall Furnace
Cooling system
Wall Unit(s), Ceiling Fan(s)
Water source
Public

Building Details

Year built
1949
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Masonry Stucco
Roof type
Shingle, Built-Up
Architectural style
Ranch
Listing Agency Realty Executives Arizona Territory
3300 E Sunrise Dr #50, Tucson, AZ
Listed by Valerie Lovio
Added: Mar 27 Checked: Jul 16 at 8:06 pm
MLS# 22608131 Listing URL

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 ranch-style duplex includes two separate units with independently functioning living spaces. The larger unit is a 2-bedroom, 1-bath layout of approximately 750 square feet, and the second unit is a 1-bedroom, 1-bath layout of approximately 500 square feet. Both units have been recently remodeled and are described as turn-key ready.

The property is located in Tucson, AZ 85719, in an area identified as Tucson - R2 zoning. It is near Reid Park and close to El Con Mall, with shopping, dining, and everyday conveniences nearby.

With two distinct units on one site, the configuration provides flexibility for rental use or an owner-occupant setup while maintaining separate living arrangements.

Key Highlights

  • Ranch home built in 1949 featuring two separate units: 2 bed/1 bath (~750 SF) and 1 bed/1 bath (~500 SF)
  • Recently remodeled units with separate living spaces for flexibility and privacy
  • Kitchen appliances include gas range, dishwasher, disposal, and double sink

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 $21.8k $17.40
− Vacancy −$1.7k −$1.39
EGI $20.0k $16.01
− OpEx −$6.0k −$4.80
NOI $14.0k $11.21
1,250 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$200.1K
$175.1K – $233.5K (±1% cap)
NOI $14,007 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$183.5K
$160.6K – $214.1K (±1% cap)
NOI $12,844 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$324.7K
$284.1K – $378.8K (±1% cap)
NOI $22,730 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service Bakery Hotel & Motel (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two separately met units offer remodeled 2-bed/1-bath and 1-bed/1-bath living layouts on a single property.
Where is this duplex located?
The property is located at 2112 E 18th Street Tucson, AZ.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Ranch home built in 1949 featuring two separate units: 2 bed/1 bath (~750 SF) and 1 bed/1 bath (~500 SF); Recently remodeled units with separate living spaces for flexibility and privacy; Kitchen appliances include gas range, dishwasher, disposal, and double sink
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