Renovated Two-Residence
New
For Sale
$560,000
1827 E 13th St, Tucson, AZ 85719
Two dwellings offer separate entrances, private yards, and dedicated parking.
Property Size2,146 SF
Price / SF$260.95
Days on Market6
Property Features for 1827 E 13th St
General Information
Standard status
Active
Size
2,146 SF
Property subtype
Multi-Family
Zoning
R-2
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1955
Buildings
2
Listing Agency:
eXp Realty
Listed By:
Michelle Marconi · License #26944
(888) 897-7821
Source:
Findahomeaz
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 5 at 7:31PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This 2,146-square-foot duplex contains two separate homes on an R-2-zoned lot. The primary residence has three bedrooms and two bathrooms, updated finishes, and an in-home washer and dryer. A remodeled rear home adds two bedrooms and one bathroom. Each dwelling has its own entrance, yard, and dedicated parking. The property was built in 1955.
The homes are located a few blocks from the University of Arizona, Downtown Tucson, and Fourth Avenue, with restaurants, shopping, and entertainment also nearby.
The homes are located a few blocks from the University of Arizona, Downtown Tucson, and Fourth Avenue, with restaurants, shopping, and entertainment also nearby.
Key Highlights
- Two separate residences on an R‑2‑zoned lot
- Main home offers 3 bedrooms, 2 bathrooms, and an in‑home washer and dryer
- Rear home has 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,047
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,940
$480.9K
Cap Rate 7%
$343,529
$343.5K
Cap Rate 9%
$267,189
$267.2K
Market Conditions
NOI Build-Up for 2,146 SF
Gross rent
$37.3K $17.40/SF
− Vacancy
−$3.0K −$1.39/SF
EGI
$34.4K $16.01/SF
− OpEx
−$10.3K −$4.80/SF
NOI
$24.0K $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%
$480,940
Cap Rate 7%
$343,529
Cap Rate 9%
$267,189
Alternative Uses
Best Use
Multifamily LT 5
$343.5K
$300.6K – $400.8K
NOI $24,047 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$315.0K
$275.6K – $367.5K
NOI $22,051 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$557.5K
$487.8K – $650.4K
NOI $39,024 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Explore this area
Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
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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 - Two dwellings offer separate entrances, private yards, and dedicated parking.
Where is this duplex located?
The property is located at 1827 E 13th St Tucson, AZ.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Two separate residences on an R‑2‑zoned lot; Main home offers 3 bedrooms, 2 bathrooms, and an in‑home washer and dryer; Rear home has 2 bedrooms and 1 bathroom
