Willcox Duplex Requiring
343 S BOWIE Avenue Willcox, AZ 85643
For Sale
$89,000
MULTI_FAMILY - Ranch - Willcox, AZ
Property Size1,248 SF
Lot Size0.13 Acres
Price / SF$71.31
Days on Market266
Property Features for 343 S BOWIE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Other - CALL
Parking
2
Standard status
Active
APN
203-30-144
Size
1,248 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
M&A 1st Add Lot 5 Blk 5
Utilities
Water source
Public
Building Details
Year built
1962
Number of units
2
Flooring type
Concrete, Tile - Ceramic
Building materials
Frame - Stucco
Roof type
Metal
Architectural style
Ranch
Listing Agency:
DiPeso Realty
(520) 766-6779
Listed By:
Rey Martinez · License #SA625849000
(520) 507-2779
Added: Nov 6, 2025
Changed: Jul 18
Last Checked: Jul 30 at 6:06AM
MLS# 22528901
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 multifamily duplex is located in Willcox, Arizona. The property is in need of repairs and is currently vacant. The lot size is 0.13 acres. The building has a total area of 1248 square feet. It is located close to schools and shopping, offering potential for extra income. The property is zoned as 'Other - CALL'.
Key Highlights
- Duplex built in 1962 with ranch‑style architecture
- Frame stucco construction with metal roof
- Flooring includes concrete and ceramic tile
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 | $11.4k | $9.12 |
| − Vacancy | −$2.1k | −$1.66 |
| EGI | $9.3k | $7.46 |
| − OpEx | −$2.8k | −$2.24 |
| NOI | $6.5k | $5.23 |
1,248 SF · lease $9.12/SF/yr · vacancy 18.15% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$93.2K
$81.5K – $108.7K
NOI $6,521 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$84.7K
$74.1K – $98.8K
NOI $5,930 @ 7.0% cap · market cap 6.66%
Theoretical Best
Specialty Retail
$184.9K
$161.8K – $215.8K
NOI $12,945 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Willcox, AZ, needs repairs, potential income property.
Where is this duplex located?
The property is located at 343 S BOWIE Avenue Willcox, AZ.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Duplex built in 1962 with ranch‑style architecture; Frame stucco construction with metal roof; Flooring includes concrete and ceramic tile