New Construction Duplex Apartment
4061 E Monte Vista Drive Tucson, AZ 85712
For Sale
$1,800,000
MULTI_FAMILY - Other - Tucson, AZ
Property Size7,528 SF
Lot Size0.48 Acres
Price / SF$239.11
Days on Market319
Property Features for 4061 E Monte Vista Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- Tucson - R3
- Parking
- 14
- Appliances
- Electric Range
- Standard status
- Active
- APN
- 110-06-084A
- Size
- 7,528 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 001010010 /W70' E333.42' S300' N630' As Measured Along N Line Of Monte Vista Dr Lot 4 .48 Ac Sec 34-13-14 (P:9619/1668)
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Number of units
- 4
- Flooring type
- Tile - Ceramic
- Building materials
- Frame - Stucco
- Roof type
- Tile
- Architectural style
- Other
Listing Agency:
OMNI Homes International
(520) 474-1777
Listed By:
Evangelina R Valdez Valenzuela
(520) 270-6127
Added: Sep 11, 2025
Changed: Jul 18
Last Checked: Jul 26 at 9:06AM
MLS# 22523751
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 for-sale multifamily property consists of four new construction duplexes totaling eight residential units. The unit mix includes four 3-bedroom, 2-bath homes and four 2-bedroom, 1-bath homes. Interior finishes include granite counters, tile throughout, and new stainless steel appliances.
The property includes a parking lot with EV-ready outlets. It is located near the University of Arizona and Interstate 10, providing convenient access for commuting and nearby shopping.
With eight units in a duplex configuration, the building offers a straightforward income-producing layout within a Tucson R3 zoning designation.
The property includes a parking lot with EV-ready outlets. It is located near the University of Arizona and Interstate 10, providing convenient access for commuting and nearby shopping.
With eight units in a duplex configuration, the building offers a straightforward income-producing layout within a Tucson R3 zoning designation.
Key Highlights
- Income‑generating property with 8 total units (4 duplexes).
- New construction (2025) with modern amenities.
- Granite counters, new stainless steel appliances, and tile flooring throughout.
Financial Insights For Apartment 5plus
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 | $153.6k | $20.40 |
| − Vacancy | −$12.9k | −$1.72 |
| EGI | $140.6k | $18.68 |
| − OpEx | −$63.3k | −$8.41 |
| NOI | $77.4k | $10.28 |
7,528 SF · lease $20.40/SF/yr · vacancy 8.42% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$966.9K – $1.29M
NOI $77,352 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,892 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Income-generating property featuring four new construction duplexes with eight total residential units and on-site parking with EV-ready outlets.
Where is this apartment building located?
The property is located at 4061 E Monte Vista Drive Tucson, AZ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Income‑generating property with 8 total units (4 duplexes).; New construction (2025) with modern amenities.; **Granite counters, new stainless steel appliances, and tile flooring throughout.**
