Ranch-Style
For Sale
$297,000
Pending
2001 S 3rd Avenue, Tucson, AZ 85713
Residential Income, Ranch, Tucson, AZ
Property Size1,565 SF
Lot Size0.16 Acres
Days on Market199
Property Features for 2001 S 3rd Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
South Tucson - SR1
Parking
6
Fencing
Chain Link
Appliances
Gas Range, Refrigerator
Subdivision
Homeland
Lot features
Corner Lot, North/ South Exposure, Subdivided
Elementary school
Holladay
Middle school
Utterback-Magnet
High school
Pueblo
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Directions
From 4th Av, S to 30th St, E to 3rd Av, corner of 30th and 3rd Av
Standard status
Pending
APN
118-26-0820
Size
1,565 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
From Parcel:001010010 /Homeland Lot 13 Blk 3
Legal Description
From Parcel:001010010 /Homeland Lot 13 Blk 3
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1972
Number of units
2
Flooring type
Concrete, Tile - Ceramic
Building materials
Brick
Roof type
Built-Up
Architectural style
Ranch
Listing Agency:
Keller Williams Southern Arizona · Keller Williams Realty
(520) 615-8400
Listed By:
Kimberly Maisto · License #SA684526000
(520) 270-3939
Added: Apr 19
Changed: Oct 30
Last Checked: Nov 3 at 12:06AM
MLS# 22610197
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.
This one-story duplex provides 1,565 square feet of living space on a 6,970-square-foot lot. Built in 1972 with ranch styling, the property features brick construction, concrete and ceramic-tile flooring, a built-up roof, chain-link fencing, central air, and natural-gas forced-air heating. The kitchen areas include gas ranges and refrigerators.
The property is located in Tucson near S 6th Avenue, with shopping, dining, grocery stores, retail centers, schools, parks, and major roadways identified in the surrounding area. South Tucson - SR1 zoning applies to the property, which is also within postal code 85713.
The property is located in Tucson near S 6th Avenue, with shopping, dining, grocery stores, retail centers, schools, parks, and major roadways identified in the surrounding area. South Tucson - SR1 zoning applies to the property, which is also within postal code 85713.
Key Highlights
- Two‑unit residential property with 1,565 square feet of living space
- 6,970‑square‑foot lot, measuring 0.16 acres
- One‑story ranch‑style design built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,481
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,620
$309.6K
Cap Rate 7%
$221,157
$221.2K
Cap Rate 9%
$172,011
$172.0K
Market Conditions
NOI Build-Up for 1,565 SF
Gross rent
$24.0K $15.36/SF
− Vacancy
−$1.9K −$1.23/SF
EGI
$22.1K $14.13/SF
− OpEx
−$6.6K −$4.24/SF
NOI
$15.5K $9.89/SF
Area
ZIP 85713
Vacancy
8.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,620
Cap Rate 7%
$221,157
Cap Rate 9%
$172,011
Alternative Uses
Best Use
Multifamily LT 5
$221.2K
$193.5K – $258.0K
NOI $15,481 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$204.1K
$178.6K – $238.1K
NOI $14,284 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$383.1K
$335.2K – $447.0K
NOI $26,818 @ 7.0% cap · market cap 9.03%
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
862
Businesses Nearby
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Business Placement
Demographics for 85713, AZ
46,810
Population
19,056
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
79%
High-School Grad
23.8 sq mi
ZIP Area
1,967
Density / Sq Mi
$50,264
Median Household Income
$32,302
Median Earnings
$1,017
Median Rent
$171,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - One-story brick duplex with central air, natural-gas forced-air heating, and convenient access to everyday services.
Where is this duplex located?
The property is located at 2001 S 3rd Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Two‑unit residential property with 1,565 square feet of living space; 6,970‑square‑foot lot, measuring 0.16 acres; One‑story ranch‑style design built in 1972
