New Construction
1360 N Apache Drive, Tucson, AZ 85745
For Sale
New
$435,000
Residential Income, Southwestern, Tucson, AZ
Property Size1,883 SF
Lot Size0.20 Acres
Price / SF$231.01
Days on Market3
Property Features for 1360 N Apache Drive
General Information
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Building Details
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Buildings
Listing Agency:
Tierra Antigua Realty
(520) 428-3338
Listed By:
Erick Quintero
(520) 599-6225
Added: Nov 5
Last Checked: Nov 7 at 11:06AM
MLS# 22626967
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.
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Investment Insights
Based on property information with market context.
Completed in 2024, this frame-and-stucco duplex contains two separate residences totaling 1,883 square feet on a 0.2-acre lot. One unit has 3 bedrooms and 2 bathrooms across 1,079 square feet; the other includes 2 bedrooms, 1 bathroom, and 803 square feet. Interior finishes include carpet and ceramic tile, while heating is provided by a heat pump and forced air. Central air conditioning, a tile roof, and public water service are also in place.
The property is located in Tucson and is zoned Tucson - R2.
The property is located in Tucson and is zoned Tucson - R2.
Key Highlights
- Two units: 1,079 square feet with 3 bedrooms and 2 bathrooms; 803 square feet with 2 bedrooms and 1 bathroom
- Built in 2024; total building area is 1,883 square feet on a 0.2‑acre lot
- Frame‑and‑stucco construction with a tile roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,100
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,000
$422.0K
Cap Rate 7%
$301,429
$301.4K
Cap Rate 9%
$234,444
$234.4K
Market Conditions
NOI Build-Up for 1,883 SF
Gross rent
$32.8K $17.40/SF
− Vacancy
−$2.6K −$1.39/SF
EGI
$30.1K $16.01/SF
− OpEx
−$9.0K −$4.80/SF
NOI
$21.1K $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 Rate 5%
$422,000
Cap Rate 7%
$301,429
Cap Rate 9%
$234,444
Alternative Uses
Best Use
Multifamily LT 5
$301.4K
$263.8K – $351.7K
NOI $21,100 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$276.4K
$241.9K – $322.5K
NOI $19,348 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$489.2K
$428.0K – $570.7K
NOI $34,241 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
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Business Placement
Demographics for 85745, AZ
36,774
Population
17,662
Households
2.1
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
47.0 sq mi
ZIP Area
782
Density / Sq Mi
$68,608
Median Household Income
$40,353
Median Earnings
$1,128
Median Rent
$324,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tucson, AZ
Properties on Market for Duplexes in Tucson
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate bedroom and bathroom configurations, with public water service and central air conditioning.
Where is this duplex located?
The property is located at 1360 N Apache Drive Tucson, AZ.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two units: 1,079 square feet with 3 bedrooms and 2 bathrooms; 803 square feet with 2 bedrooms and 1 bathroom; Built in 2024; total building area is 1,883 square feet on a 0.2‑acre lot; Frame‑and‑stucco construction with a tile roof
