Six-Unit Apartment
806 E 10th Street Tucson, AZ 85719
806 E 10th Street, Tucson, AZ, 85719
$1,400,000
For Sale
$1,400,000
COMMERCIAL - Tucson, AZ
Property Size4,062 SF
Lot Size0.21 Acres
Price / SF$344.66
Days on Market56
Property Features for 806 E 10th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Tucson - R3
- Parking
- 6
- Standard status
- Active
- APN
- 124-07-1470
- Size
- 4,062 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- From Parcel:001010010 /Rieckers Lot 7 Blk 8
- Tax Annual Amount
- 4226
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1976
- Building materials
- Frame - Stucco
- Roof type
- Built-Up
Listing agency
Realty Executives Arizona Territory
(520) 877-4940
Listed by
Omer Kreso · License #139756113
(520) 247-7480
Added: May 28 Updated: Jul 11 at 1:49PM Checked: Jul 22 at 9:06AM
MLS# 22613473
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.
806 E 10th Street is a six-unit multifamily property professionally maintained and positioned for steady off-campus rental demand. The building includes six 2-bedroom, 1-bath units totaling 12 bedrooms.
The property is located four blocks from the University of Arizona campus, with walkable access to Main Gate Square, 4th Avenue, Downtown Tucson, and the Sun Link streetcar.
At acquisition, the property had in-place income and rents noted as below market, and the unit layouts and location are described as supporting a tenant base of undergraduate and graduate students, with flexibility for traditional long-term residents.
The property is located four blocks from the University of Arizona campus, with walkable access to Main Gate Square, 4th Avenue, Downtown Tucson, and the Sun Link streetcar.
At acquisition, the property had in-place income and rents noted as below market, and the unit layouts and location are described as supporting a tenant base of undergraduate and graduate students, with flexibility for traditional long-term residents.
Key Highlights
- Six‑unit multifamily property built in 1976
- All units are 2 bed, 1 bath—12 bedrooms total across the six units
- Professional maintenance and in‑place income at acquisition with rents below market
Local 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 | $82.9k | $20.40 |
| − Vacancy | −$7.0k | −$1.72 |
| EGI | $75.9k | $18.68 |
| − OpEx | −$34.1k | −$8.41 |
| NOI | $41.7k | $10.28 |
4,062 SF · lease $20.40/SF/yr · vacancy 8.42% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$596.3K
$521.7K – $695.6K
NOI $41,738 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$923.3K – $1.23M
NOI $73,865 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Six 2-bedroom, 1-bath units totaling 12 bedrooms, professionally maintained, with in-place income.
Where is this apartment building located?
The property is located at 806 E 10th Street Tucson, AZ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Six‑unit multifamily property built in 1976; All units are 2 bed, 1 bath—12 bedrooms total across the six units; Professional maintenance and in‑place income at acquisition with rents below market
