Five-Unit Multifamily
16673 N Ave Del Oro Tucson, AZ 85739
New
16673 N Ave Del Oro, Tucson, AZ, 85739
$375,000
For Sale
$375,000
MULTI_FAMILY - Tucson, AZ
Property Size1,500 SF
Lot Size0.28 Acres
Price / SF$250
Days on Market1
Property Features for 16673 N Ave Del Oro
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Pima County - CMH2
- Parking
- 40
- Parking features
- RV
- Patio and Porch features
- Patio
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 222-16-0860
- Size
- 1,500 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LARIAT ESTATES LOT 73
Utilities
- Heating system
- Propane (Heating), Forced Air
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1971
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Frame
- Roof type
- Built-Up
- Architectural style
- Other
Listing agency
RE/MAX Excalibur Realty
(520) 461-1255
Listed by
Wilson James Bliss Troxel · License #SA68432600
(520) 273-9554
Added: Jul 23 Checked: Jul 23 at 6:06AM
MLS# 22617969
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 for-sale CMH2 multifamily property includes five income-producing units: three studio apartments, one 1-bedroom/1-bath unit, and one 2-bedroom/1-bath unit. The total property size is listed at 1,500 square feet, and the lot size is listed as 0.28 acres.
In addition to the residential units, the offering includes an adjacent fully fenced commercial lot, providing space that can support a variety of uses for contractors, tradespeople, equipment storage, or workshop operations.
The property is located in Pima County, AZ at 16673 N Ave Del Oro, Tucson, AZ 85739.
In addition to the residential units, the offering includes an adjacent fully fenced commercial lot, providing space that can support a variety of uses for contractors, tradespeople, equipment storage, or workshop operations.
The property is located in Pima County, AZ at 16673 N Ave Del Oro, Tucson, AZ 85739.
Key Highlights
- 5 income‑producing units: 3 studio units, 1 one‑bedroom/one‑bath unit, and 1 two‑bedroom/one‑bath unit
- Adjacent fully fenced commercial lot included, offering space for contractor use, equipment storage, and workshop needs
- Built in 1971 with frame construction and a built‑up roof
Local Financial Insights For Apartment 5plus
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 | $30.6k | $20.40 |
| − Vacancy | −$2.6k | −$1.72 |
| EGI | $28.0k | $18.68 |
| − OpEx | −$12.6k | −$8.41 |
| NOI | $15.4k | $10.28 |
1,500 SF · lease $20.40/SF/yr · vacancy 8.42% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$220.2K
$192.7K – $256.9K
NOI $15,413 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$389.7K
$341.0K – $454.6K
NOI $27,276 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - For sale CMH2 property with three studio units, one 1-bedroom and one 2-bedroom, plus an adjacent fully fenced commercial lot.
Where is this apartment building located?
The property is located at 16673 N Ave Del Oro Tucson, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5 income‑producing units: 3 studio units, 1 one‑bedroom/one‑bath unit, and 1 two‑bedroom/one‑bath unit; Adjacent fully fenced commercial lot included, offering space for contractor use, equipment storage, and workshop needs; Built in 1971 with frame construction and a built‑up roof
