Duplex Investment
1452 S Cherry Avenue Tucson, AZ 85713
New
1452 S Cherry Avenue, Tucson, AZ, 85713
$430,000
For Sale
$430,000
MULTI_FAMILY - Other - Tucson, AZ
Property Size2,184 SF
Lot Size0.18 Acres
Price / SF$196.89
Days on Market3
Property Features for 1452 S Cherry Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Tucson - R1
- Parking
- 5
- Fencing
- Chain Link
- Appliances
- Electric Range, Dishwasher, Disposal
- Standard status
- Active
- APN
- 129-08-0580
- Size
- 2,184 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Altadena Heights Lot 9 Blk 20
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2024
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Frame - Stucco
- Roof type
- Tile
- Architectural style
- Other
Listing Agency
Tierra Antigua Realty
(520) 544-2335
1650 E River Rd Suite 202, Tucson, AZ
Listed by
Jose Campillo
(520) 544-2335
Added: Jul 14 Checked: Jul 16 at 7:06 pm
MLS# 22617409
Listing URL
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 well-maintained duplex offers two separate units, each with three bedrooms and two bathrooms. The property is configured with its own electric and water meters for each unit, providing separate utility service for tenants and owners.
Located in Tucson, the home is listed as being less than three miles from the University of Arizona and about two miles from Downtown Tucson, placing it within reach of shopping, dining, entertainment, and major employment centers.
With two income-producing residential units on a small lot, the property supports straightforward duplex occupancy and separate metering for each side.
Located in Tucson, the home is listed as being less than three miles from the University of Arizona and about two miles from Downtown Tucson, placing it within reach of shopping, dining, entertainment, and major employment centers.
With two income-producing residential units on a small lot, the property supports straightforward duplex occupancy and separate metering for each side.
Key Highlights
- 2024‑built duplex with two units, each featuring 3 bedrooms and 2 bathrooms
- Separate electric and water meters for each unit
- Central air and heat pump heating
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $15.36 |
| − Vacancy | −$2.7k | −$1.23 |
| EGI | $30.9k | $14.13 |
| − OpEx | −$9.3k | −$4.24 |
| NOI | $21.6k | $9.89 |
2,184 SF · lease $15.36/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.6K
$270.1K – $360.1K
NOI $21,604 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$284.8K
$249.2K – $332.2K
NOI $19,933 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$534.6K
$467.8K – $623.8K
NOI $37,425 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 3-bed, 2-bath units and separate electric and water meters for each side.
Where is this duplex located?
The property is located at 1452 S Cherry Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 2024‑built duplex with two units, each featuring 3 bedrooms and 2 bathrooms; Separate electric and water meters for each unit; Central air and heat pump heating
