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Six-Unit Apartment Building
For Sale
$450,000

301-341 N Pfister Avenue 3, Sierra Vista, AZ 85635

Three duplexes offer compact one-bedroom layouts with covered porches and private off-street parking.

Property Size3,900 SF
Lot Size0.67 Acres
Price / SF$115.38
Days on Market53

Property Features for 301-341 N Pfister Avenue 3

General Information

Standard status Active
Size 3,900 SF
Lot size 0.67 Acres
Property subtype Multiple Dwellings
Occupancy 100%

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Asking Price $450,000
Utilities to Site Yes

Amenities

gas heating/cooking
evap cooling
front/rear covered porches
private off-street parking
desert landscaping

Building Details

Buildings 3
Construction CBS
Listing Agency: Haymore Real Estate LLC
Listed By: Robert Zazueta · License #SA528605000
Source: Nicolesecrest
Added: Aug 15 Changed: Sep 14 Last Checked: Oct 5 at 6:16PM

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 Haymore Real Estate LLC

Investment Insights

Based on property information with market context.

This apartment property comprises three duplex structures with six 1-bed/1-bath units, each approximately 650 sq.ft. The units are built with CBS construction and provide gas heating and cooking, evaporative cooling, city water, and covered porches at the front and rear. Total under-roof area is 3,900 sq.ft. across a 2/3-acre parcel, with private off-street parking and maintained desert landscaping.

The property is located in Sierra Vista’s West End near Ft. Huachuca’s main gate and next to Soldier Park. All six units are occupied under 6-month leases. Recent work includes gas line upgrades and servicing of all coolers. A no-pets policy is in place, and the buildings date to 1956.

Key Highlights

  • Six 1‑bed/1‑bath units across three duplexes
  • 2/3‑acre lot with 3,900 sq.ft. total under‑roof area
  • Approximately 650 sq.ft. per unit with CBS construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,531
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,620 $370.6K
Cap Rate 7%
$264,729 $264.7K
Cap Rate 9%
$205,900 $205.9K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$41.7K $10.68/SF
− Vacancy
−$8.0K −$2.04/SF
EGI
$33.7K $8.64/SF
− OpEx
−$15.2K −$3.89/SF
NOI
$18.5K $4.75/SF
Area
Cochise County, AZ
Vacancy
19.11%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,620
Cap Rate 7%
$264,729
Cap Rate 9%
$205,900

Alternative Uses

Best Use
Apartment 5plus
$264.7K
$231.6K – $308.9K (±1% cap)
NOI $18,531 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$577.9K
$505.7K – $674.2K (±1% cap)
NOI $40,453 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

674
Businesses Nearby

Demographics for 85635, AZ

35,095
Population
17,138
Households
2
Avg Household Size
41
Median Age
31%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
515
Density / Sq Mi
$60,822
Median Household Income
$42,247
Median Earnings
$985
Median Rent
$218,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three duplexes offer compact one-bedroom layouts with covered porches and private off-street parking.
Where is this apartment building located?
The property is located at 301-341 N Pfister Avenue 3 Sierra Vista, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Six 1‑bed/1‑bath units across three duplexes; 2/3‑acre lot with 3,900 sq.ft. total under‑roof area; Approximately 650 sq.ft. per unit with CBS construction
More about this property
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