New Construction Duplexes with EV-Ready
For Sale
$1,800,000
4061 E Monte Vista Dr, Tucson, AZ 85712
New construction four duplexes totaling eight units with EV-ready parking lot and modern finishes throughout.
Property Size7,528 SF
Price / SF$239.11
Days on Market44
Property Features for 4061 E Monte Vista Dr
General Information
Standard status
Active
Size
7,528 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Amenities
granite counters
stainless steel appliances
tile flooring
EV Ready Outlets
Building Details
Year Built
2025
Buildings
4
Tenancy
Multi
Listing Agency:
OMNI Homes International
Listed By:
Evangelina R Valdez Valenzuela
(520) 270-6127
Source:
Collaborative-agents
Added: Jul 30
Changed: Sep 8
Last Checked: Sep 9 at 9:00PM
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 OMNI Homes International
Investment Insights
Based on property information with market context.
New construction four-duplex property totaling eight residential units. The layout includes four three-bedroom, two-bath units at 1,079 SF each and four two-bedroom, one-bath units at 803 SF each, for a total of 7,528 SF. Interiors feature granite counters throughout, tile in all areas, and new stainless steel appliances.
A dedicated parking lot includes EV-ready outlets. The property is close to the University of Arizona and I-10, supporting convenient commuting and nearby shopping.
This duplex configuration provides a straightforward multi-unit setup with a mix of 3-bedroom and 2-bedroom floorplans.
A dedicated parking lot includes EV-ready outlets. The property is close to the University of Arizona and I-10, supporting convenient commuting and nearby shopping.
This duplex configuration provides a straightforward multi-unit setup with a mix of 3-bedroom and 2-bedroom floorplans.
Key Highlights
- Four new construction duplexes totaling eight units
- Four 3‑bedroom, 2‑bath units at 1,079 SF each
- Four 2‑bedroom, 1‑bath units at 803 SF each
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
$84,356
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
4.69%
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%
$1,687,120
$1.7M
Cap Rate 7%
$1,205,086
$1.2M
Cap Rate 9%
$937,289
$937.3K
Market Conditions
NOI Build-Up for 7,528 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
$131.0K $17.40/SF
− Vacancy
−$10.5K −$1.39/SF
EGI
$120.5K $16.01/SF
− OpEx
−$36.2K −$4.80/SF
NOI
$84.4K $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%
$1,687,120
Cap Rate 7%
$1,205,086
Cap Rate 9%
$937,289
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.05M – $1.41M
NOI $84,356 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$1.11M
$966.9K – $1.29M
NOI $77,352 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,892 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
Demographics for 85712, AZ
33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - New construction four duplexes totaling eight units with EV-ready parking lot and modern finishes throughout.
Where is this duplex located?
The property is located at 4061 E Monte Vista Dr Tucson, AZ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four new construction duplexes totaling eight units; Four 3‑bedroom, 2‑bath units at 1,079 SF each; Four 2‑bedroom, 1‑bath units at 803 SF each
