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 Market113
Property Features for 1125 E Kleindale Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Tucson - R2
Parking
4
Window features
Double Pane Windows, Skylight(s)
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
walkout balcony
rolling shutters
security doors
Building Details
Year built
2024
Number of units
2
Flooring type
Tile - Ceramic, Carpet
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
(520) 487-5778
Added: May 18
Changed: Sep 2
Last Checked: Sep 7 at 8:06PM
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 duplex property includes two distinct residences on a 0.23-acre parcel totaling 2,967 square feet. The front home features a burnt adobe exterior, 3 bedrooms, 2 bathrooms, a great room with fireplace, and a family room with a wood-burning stove. Beamed ceilings, walk-in closet(s), ceramic tile, carpet, forced-air heating, and central air are among the interior features.
The rear residence includes a full kitchen, a main-level bedroom and full bath, an upstairs loft bedroom, a shower-only bath, and a walkout balcony. Its improvements include a metal roof, rolling shutters, and security doors at all exterior entrances. Mature vegetation and substantial parking complement the property, which is near the University of Arizona and zoned Tucson - R2.
The rear residence includes a full kitchen, a main-level bedroom and full bath, an upstairs loft bedroom, a shower-only bath, and a walkout balcony. Its improvements include a metal roof, rolling shutters, and security doors at all exterior entrances. Mature vegetation and substantial parking complement the property, which is near the University of Arizona and zoned Tucson - R2.
Key Highlights
- Two residences totaling 2,967 square feet on 0.23 acres
- Front home includes 3 bedrooms, 2 bathrooms, a great room fireplace, and a wood‑burning stove
- Rear residence has a full kitchen, main‑level bedroom, loft bedroom, and walkout balcony
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences offer flexible occupancy and rental configurations near the University of Arizona.
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 0.23 acres; Front home includes 3 bedrooms, 2 bathrooms, a great room fireplace, and a wood‑burning stove; Rear residence has a full kitchen, main‑level bedroom, loft bedroom, and walkout balcony
