Contemporary Two-Home
For Sale
$634,900
1125 E Kleindale Road, Tucson, AZ 85719
Residential Income, Contemporary, Southwestern, Tucson, AZ
Property Size2,967 SF
Lot Size0.23 Acres
Price / SF$213.99
Days on Market96
Property Features for 1125 E Kleindale Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Tucson - R2
Parking
4
Window features
Skylight(s), Double Pane Windows
Interior features
Beamed Ceilings, Walk-In Closet(s)
Exterior features
Balcony
Fencing
Chain Link
Appliances
Electric Range, Gas Range, Lazy Susan, Water Purifier, Dishwasher, Disposal
Lot features
Decorative Gravel, Flower Beds, Shrubs, Corner Lot, North/ South Exposure, Subdivided
Elementary school
Holaway
Middle school
Amphitheater
High school
Amphitheater
Elementary school district
Amphitheater
Middle school district
Amphitheater
High school district
Amphitheater
Directions
From E Prince Rd and N 1st Stone Ave, head east on Prince, south on N Mountain Ave, west on E Kleindale Rd to address.
Subdivision
Central
Standard status
Active
APN
113-04-041H
Size
2,967 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W65.24' M/L N152.54' M/L S182.54' M/L Se4 Ne4 Sw4 Exc W3' Thereof .22 Ac Sec 30-13-14
Legal Description
W65.24' M/L N152.54' M/L S182.54' M/L Se4 Ne4 Sw4 Exc W3' Thereof .22 Ac Sec 30-13-14
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
fireplace
wood-burning stove
rolling shutters
security doors
Building Details
Year built
2024
Number of units
2
Flooring type
Carpet, Tile - Ceramic
Building materials
Burnt Adobe, Frame - Stucco
Roof type
Built-Up, Metal
Architectural style
Contemporary
Additional Structures
Workshop
Listing Agency:
Realty Executives Arizona Territory · Realty Executives International
(520) 314-3255
Listed By:
David K Guthrie
Added: May 18
Changed: Aug 19
Last Checked: Aug 21 at 4:06PM
MLS# 22612795
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 Tucson duplex includes two residences totaling 2,967 square feet on a 0.23-acre lot. The front home is built with burnt adobe and includes three bedrooms, two bathrooms, a great room with fireplace, and a family room with wood-burning stove. Beamed ceilings, walk-in closet space, ceramic tile, carpet, forced-air heating, and central air are among the interior features.
Constructed in 2005, the rear home provides a full kitchen, metal roof, downstairs bedroom and full bath, plus an upstairs loft bedroom with a shower-only bath and walkout balcony. Rolling shutters and security doors are installed at the rear home and exterior doors. The property is near the University of Arizona, is zoned Tucson - R2, and includes public water service, chain-link fencing, and on-site parking.
Constructed in 2005, the rear home provides a full kitchen, metal roof, downstairs bedroom and full bath, plus an upstairs loft bedroom with a shower-only bath and walkout balcony. Rolling shutters and security doors are installed at the rear home and exterior doors. The property is near the University of Arizona, is zoned Tucson - R2, and includes public water service, chain-link fencing, and on-site parking.
Key Highlights
- Two residences totaling 2,967 square feet on a 0.23‑acre lot
- Front home includes 3 bedrooms, 2 bathrooms, a great room fireplace, and a family room wood‑burning stove
- Rear home built in 2005 with full kitchen, loft bedroom, balcony, and metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,247
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$664,940
$664.9K
Cap Rate 7%
$474,957
$475.0K
Cap Rate 9%
$369,411
$369.4K
Market Conditions
NOI Build-Up for 2,967 SF
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.
Gross rent
$51.6K $17.40/SF
− Vacancy
−$4.1K −$1.39/SF
EGI
$47.5K $16.01/SF
− OpEx
−$14.2K −$4.80/SF
NOI
$33.2K $11.21/SF
Area
Tucson, AZ
Vacancy
8.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$664,940
Cap Rate 7%
$474,957
Cap Rate 9%
$369,411
Alternative Uses
Best Use
Multifamily LT 5
$475.0K
$415.6K – $554.1K
NOI $33,247 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$435.5K
$381.1K – $508.1K
NOI $30,487 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$770.8K
$674.4K – $899.2K
NOI $53,953 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,149
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
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct living areas near the University of Arizona, with parking and outdoor space on a 0.23-acre lot.
Where is this duplex located?
The property is located at 1125 E Kleindale Road Tucson, AZ.
What is the asking price?
The asking price for this property is $634,900.
What are key features of this property?
This property features: Two residences totaling 2,967 square feet on a 0.23‑acre lot; Front home includes 3 bedrooms, 2 bathrooms, a great room fireplace, and a family room wood‑burning stove; Rear home built in 2005 with full kitchen, loft bedroom, balcony, and metal roof
