Residential Income Property with Zoned
New
For Sale
$290,200
1011 E Halcyon Road, Tucson, AZ 85719
Income-producing residential property with multiple cooling systems, a full appliance package, and Southwestern exterior character.
Property Size2,252 SF
Price / SF$128.86
Days on Market7
Property Features for 1011 E Halcyon Road
General Information
Standard status
Active
Size
2,252 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
Tucson - R2
Net Operating Income
$17,853
Amenities
Central Air, Wall Unit(s), Zoned, Ceiling Fan(s)
Electric Range, Dishwasher, Disposal, Refrigerator, Dryer, Washer, Gas Water Heater
Pantry
Chain Link
Southwestern
Building Details
Building Size
2,252 SF
Year Built
1952
Listing Agency:
Long Realty Company Tucson
(520) 603-3491
Listed By:
Kelly Doty · License #BR557651000
(520) 603-3491
Source:
Evrealestate
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 4 at 5:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long Realty Company Tucson
Investment Insights
Based on property information with market context.
This residential income property at 1011 E Halcyon Road in Tucson, Arizona, was built in 1952 and contains 2,252 square feet. Interior features include central air, wall unit(s), zoned climate control, ceiling fans, and a pantry. The kitchen is equipped with an electric range, dishwasher, disposal, refrigerator, dryer, washer, and gas water heater.
The property has a chain-link exterior and Southwestern styling. It is located in Pima County and carries Tucson - R2 zoning. Access is provided from Fort Lowell and Mountain via Halcyon Road, with the property situated on the north side of the road.
The property has a chain-link exterior and Southwestern styling. It is located in Pima County and carries Tucson - R2 zoning. Access is provided from Fort Lowell and Mountain via Halcyon Road, with the property situated on the north side of the road.
Key Highlights
- 2,252‑square‑foot residential income property built in 1952
- Tucson - R2 zoning
- Central air, wall unit(s), zoned climate control, and ceiling fans
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 | $45.9k | $20.40 |
| − Vacancy | −$3.9k | −$1.72 |
| EGI | $42.1k | $18.68 |
| − OpEx | −$18.9k | −$8.41 |
| NOI | $23.1k | $10.28 |
2,252 SF · lease $20.40/SF/yr · vacancy 8.42% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$330.6K
$289.3K – $385.7K
NOI $23,140 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$585.0K
$511.9K – $682.5K
NOI $40,951 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Tucson, AZ
Properties on Market for Residential income properties in Tucson
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Income-producing residential property with multiple cooling systems, a full appliance package, and Southwestern exterior character.
Where is this residential income property located?
The property is located at 1011 E Halcyon Road Tucson, AZ.
What is the asking price?
The asking price for this property is $290,200.
What are key features of this property?
This property features: 2,252‑square‑foot residential income property built in 1952; Tucson - R2 zoning; Central air, wall unit(s), zoned climate control, and ceiling fans
