Two-Unit Residential Income
2320 N Camilla Boulevard Tucson, AZ 85716
2320 N Camilla Boulevard, Tucson, AZ, 85716
$450,000
For Sale
$450,000
MULTI_FAMILY - Contemporary - Tucson, AZ
Property Size1,759 SF
Lot Size0.18 Acres
Price / SF$255.83
Days on Market46
Property Features for 2320 N Camilla Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Tucson - R2
- Parking
- 4
- Patio and Porch features
- Patio
- Interior features
- Walk-In Closet(s)
- Appliances
- Gas Range, Lazy Susan
- Standard status
- Active
- APN
- 122-15-189A
- Size
- 1,759 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- From Parcel:001010010 /Palo Verde Amended E130' S73' N198' Of Lot 3 Blk 1
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1959
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Tile - Ceramic
- Building materials
- Burnt Adobe, Frame - Stucco, Masonry Stucco
- Roof type
- Built-Up
- Architectural style
- Contemporary
Listing agency
Realty Executives Arizona Territory
(520) 877-4940
Listed by
David J Walsh
(520) 591-1736
Added: Jun 8 Updated: Jul 18 at 8:39AM Checked: Jul 23 at 10:06AM
MLS# 22614477
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 property offers two residential units on one lot, operated as a well-maintained owner-managed setup. The front unit is a 2-bedroom, 1-bath layout, and the back unit is a 1-bedroom, 1-bath configuration. Both units feature private fenced yards, laundry hookups, and central A/C and heating. Off-street parking supports day-to-day convenience, and the units have been left vacant for a buyer’s intended use.
Located in the R2 zoning designation for Tucson, this is described as well located and configured as two houses on one lot. The asset sits on a 0.18-acre parcel with a total stated property size of 1,759 square feet.
For an owner-occupant, the layout supports living in one unit while using the other as rental income, with both homes available for immediate buyer use. The seller indicates rents shown are historical amounts collected, and owner financing may be available with 20% down, a 6% fixed interest rate, amortized over 30 years, and a 5–10 year stop. For any underwriting details, potential buyers should call the listing agent for information.
Located in the R2 zoning designation for Tucson, this is described as well located and configured as two houses on one lot. The asset sits on a 0.18-acre parcel with a total stated property size of 1,759 square feet.
For an owner-occupant, the layout supports living in one unit while using the other as rental income, with both homes available for immediate buyer use. The seller indicates rents shown are historical amounts collected, and owner financing may be available with 20% down, a 6% fixed interest rate, amortized over 30 years, and a 5–10 year stop. For any underwriting details, potential buyers should call the listing agent for information.
Key Highlights
- Two houses on one lot with owner‑managed layout: front 2/1 (1,172 sqft) and back 1/1 (587 sqft)
- Central air conditioning and forced‑air natural gas heat in both units
- Private fenced yards plus patios and off‑street parking
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 | $30.6k | $17.40 |
| − Vacancy | −$2.4k | −$1.39 |
| EGI | $28.2k | $16.01 |
| − OpEx | −$8.4k | −$4.80 |
| NOI | $19.7k | $11.21 |
1,759 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$281.6K
$246.4K – $328.5K
NOI $19,711 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$258.2K
$225.9K – $301.2K
NOI $18,074 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$456.9K
$399.8K – $533.1K
NOI $31,986 @ 7.0% cap · market cap 7.11%
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 - Two well-maintained units on one lot with private fenced yards, central HVAC, laundry hookups, and off-street parking.
Where is this duplex located?
The property is located at 2320 N Camilla Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two houses on one lot with owner‑managed layout: front 2/1 (1,172 sqft) and back 1/1 (587 sqft); Central air conditioning and forced‑air natural gas heat in both units; Private fenced yards plus patios and off‑street parking
