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    4743 E 1St St Tucson, AZ 85711

    View on Map
    Sponsored
    For Sale
    $394,500

    MULTI_FAMILY - Ranch - Tucson, AZ

    Type:Single Family Residence
    Property size:
    1,209 SF
    Lot size:
    0.25 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 27 at 1:06 am

    Property Features for 4743 E 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    Tucson - R2
    APN
    127-05-0830
    Parking
    2
    Fencing
    Chain Link
    Appliances
    Electric Range, Dishwasher, Disposal
    Size
    1,209 SF
    Lot size
    0.25 Acres

    Utilities

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

    Building Details

    Year built
    2024
    Number of units
    2
    Flooring type
    Tile - Ceramic
    Building materials
    Frame - Stucco
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Armando Rosano

    Real Broker AZ, LLC

    Listing agent Armando Rosano

    Listing date Mar 26, 2026

    MLS# 22607812

    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.

    Learn more

    Property Insight Report

    Overview

    Modern Tucson Duplex with Expansion

    This new-construction duplex is located in central Tucson. Each unit features an open-concept layout, ceramic tile throughout, a modern kitchen with granite countertops, custom backsplash, stainless steel appliances, and an in-unit washer/dryer. The bathrooms include contemporary shower/tub combos. Situated on a 0.25-acre R-2 lot, the property offers the ability to add a single-family home and ADU, with plans included in the sale. The low-maintenance build has strong rental appeal and is located near shopping, dining, and major employment centers. The property is currently set up for short-term rentals, with projected Airbnb income based on comparable properties in the area. The sale includes plans for an additional unit, creating a path to increase density, boost income, and enhance long-term value. Located minutes from shopping, dining, and 10 minutes from the University of Arizona, this property is positioned for strong rental demand. The property size is 1209 square feet. This is an opportunity to acquire a centrally located asset with both current income and built-in growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.891257
    Latitude
    32.235306

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    FAQs

    What type of property is this?
    Duplex - New-construction duplex with expansion potential near the University of Arizona.
    Where is this duplex located?
    The property is located at 4743 E 1St St Tucson, AZ.
    What is the asking price?
    The asking price for this property is $394,500.
    What are key features of this property?
    This property features: - New-construction duplex in central Tucson providing immediate rental income.; - R-2 lot with included plans to add a single-family home and ADU for increased value.; - **Each unit features modern kitchens with granite countertops, stainless steel appliances, and in-unit washer/dryer.**
    (520) 809-0432
    Request Owner's contact information
    4743 E 1St St Tucson, AZ 85711
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    Tucson, AZ 85711
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4743 E 1St St Tucson, AZ 85711
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    Listing Contact
    Armando Rosano
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