Duplex with Fenced
New
For Sale
$162,000
1227 E Ginter Road, Tucson, AZ 85706
MULTI_FAMILY - Tucson, AZ
Property Size1,163 SF
Lot Size0.18 Acres
Price / SF$139.29
Days on Market5
Property Features for 1227 E Ginter Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Tucson - MH1
Parking
2
Security features
Security Lighting
Fencing
Chain Link
Appliances
Electric Range, Gas Range
Subdivision
Airport Park (Blks 1-2)
Lot features
Adjacent to Alley, North/ South Exposure, Subdivided
Elementary school
Gallego
Middle school
Sierra
High school
Desert View
Elementary school district
Sunnyside
Middle school district
Sunnyside
High school district
Sunnyside
Directions
Campbell Av/Irvington Rd - South, Bilby Rd - West, Randall Blvd - South, Ginter Rd - West to second property from corner on north side
Standard status
Active
APN
140-24-1290
Size
1,163 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Airport Park Blocks 1 & 2 Lot 18 Blk 2
Legal Description
Airport Park Blocks 1 & 2 Lot 18 Blk 2
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Evaporative Cooling
Water source
Public
Amenities
in-unit laundry
fenced yard
Building Details
Year built
1971
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Frame - Stucco, Steel Frame
Roof type
Built-Up
Architectural style
Other
Listing Agency:
Realty One Group Integrity
(520) 447-5922
Listed By:
Anthony Thomas Body
(520) 275-2793
Added: Aug 7
Last Checked: Aug 11 at 3:06PM
MLS# 22619309
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 1,163-square-foot duplex is configured as two separate living units within a 1971 manufactured home. The east unit includes an open arrangement, split bedrooms, and a substantial kitchen, while the west unit offers a bedroom, full bathroom, and combined kitchen and living space. Both sides have individual laundry areas and separate chain-link-fenced outdoor spaces. The layout can also be adapted into one residence.
The property occupies 0.18 acres in Tucson and carries Tucson - MH1 zoning. Construction includes frame-stucco and steel-frame materials, with ceramic tile flooring, built-up roofing, public water, natural-gas forced-air heat, and evaporative cooling. Electric and gas ranges are present. Both units are currently tenant occupied, and the interior has been freshly painted.
The property occupies 0.18 acres in Tucson and carries Tucson - MH1 zoning. Construction includes frame-stucco and steel-frame materials, with ceramic tile flooring, built-up roofing, public water, natural-gas forced-air heat, and evaporative cooling. Electric and gas ranges are present. Both units are currently tenant occupied, and the interior has been freshly painted.
Key Highlights
- Two‑unit layout totals 1,163 square feet
- 1971 manufactured home with frame‑stucco and steel‑frame construction
- Each unit has its own laundry area and fenced outdoor space
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
Multi-tenant
Tenancy
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 - Tenant-occupied two-unit property with separate laundry areas and flexible living arrangements.
Where is this duplex located?
The property is located at 1227 E Ginter Road 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 layout totals 1,163 square feet; 1971 manufactured home with frame‑stucco and steel‑frame construction; Each unit has its own laundry area and fenced outdoor space
