Manufactured Duplex with Fenced
For Sale
$162,000
1227 E Ginter Rd, Tucson, AZ 85706
Two tenant-occupied units offer separate laundry and flexible residential use in a compact duplex configuration.
Property Size1,163 SF
Price / SF$139.29
Days on Market39
Property Features for 1227 E Ginter Rd
General Information
Standard status
Active
Size
1,163 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1971
Construction
manufactured home
Listing Agency:
Realty One Group Integrity
(520) 906-0769
Listed By:
Anthony Thomas Body
Source:
Seetucsonhouses
Added: Jul 24
Changed: Aug 29
Last Checked: Aug 30 at 6:04PM
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 Realty One Group Integrity
Investment Insights
Based on property information with market context.
This 1,163-square-foot duplex is a pre-1974 manufactured home with two separate living units. The east side includes an open layout, split bedrooms, and a large kitchen, while the west side combines an open kitchen and living area with a well-sized bedroom and full bathroom. Each unit has dedicated laundry and a private fenced area, and the interiors have been freshly painted. Both units are currently tenant occupied, and the property is offered for cash-only purchase. The home may also be combined into a single residence. Located at 1227 E Ginter Rd in Tucson, Arizona, the property was built in 1971.
Key Highlights
- Two‑unit, pre‑1974 manufactured home totaling 1,163 square feet
- Both units are tenant occupied
- Each unit includes dedicated laundry and a fenced area
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
$11,235
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
6.94%
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%
$224,700
$224.7K
Cap Rate 7%
$160,500
$160.5K
Cap Rate 9%
$124,833
$124.8K
Market Conditions
NOI Build-Up for 1,163 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
$17.4K $15.00/SF
− Vacancy
−$1.4K −$1.20/SF
EGI
$16.0K $13.80/SF
− OpEx
−$4.8K −$4.14/SF
NOI
$11.2K $9.66/SF
Area
ZIP 85706
Vacancy
8.00%
Lease Rate
$15.00 /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%
$224,700
Cap Rate 7%
$160,500
Cap Rate 9%
$124,833
Alternative Uses
Best Use
Multifamily LT 5
$160.5K
$140.4K – $187.3K
NOI $11,235 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$142.6K
$124.8K – $166.4K
NOI $9,982 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$240.5K
$210.4K – $280.6K
NOI $16,834 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 85706, AZ
54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
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 tenant-occupied units offer separate laundry and flexible residential use in a compact duplex configuration.
Where is this duplex located?
The property is located at 1227 E Ginter Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $162,000.
What are key features of this property?
This property features: Two‑unit, pre‑1974 manufactured home totaling 1,163 square feet; Both units are tenant occupied; Each unit includes dedicated laundry and a fenced area
