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New Duplex with Separate Utilities

2065 W Ajo Way Tucson, AZ 85713

New
2065 W Ajo Way, Tucson, AZ, 85713
$410,000
For Sale
$410,000

MULTI_FAMILY - Other - Tucson, AZ

Property Size1,879 SF
Lot Size0.26 Acres
Price / SF$218.20
Days on Market2

Property Features for 2065 W Ajo Way

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Tucson - R1
Appliances
Electric Range, Dishwasher
Standard status
Active
APN
119411550
Size
1,879 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
From Parcel:001010010 /Probasco No 2 Lot 12 Blk 1

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
2025
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Frame - Stucco
Roof type
Tile
Architectural style
Other
Listing Agency Tierra Antigua Realty
1650 E River Rd Suite 202, Tucson, AZ
Listed by Jose Campillo
Added: Jul 15 Checked: Jul 16 at 7:06 pm
MLS# 22617507 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.

Brand-new duplex offering two separate, income-producing units: one spacious 3-bedroom, 2-bath home and one 2-bedroom, 1-bath home. Each unit is individually metered for electric and water, supporting straightforward utility management whether you lease both units or occupy one.

The property is located in Tucson, AZ, with zoning listed as Tucson - R1. It’s conveniently positioned near I-10, providing access to shopping, dining, and schools.

Designed as a true duplex configuration, the layout supports independent tenancy across both units while maintaining a single ownership structure.

Key Highlights

  • Newly built duplex (under construction), Year built 2025, with two separate units
  • Unit mix: 3‑bed/2‑bath plus 2‑bed/1‑bath—live in one or lease both
  • Individually metered electric and water for each unit, simplifying utility management

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 $28.9k $15.36
− Vacancy −$2.3k −$1.23
EGI $26.6k $14.13
− OpEx −$8.0k −$4.24
NOI $18.6k $9.89
1,879 SF · lease $15.36/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$265.5K
$232.3K – $309.8K (±1% cap)
NOI $18,587 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$245.0K
$214.4K – $285.8K (±1% cap)
NOI $17,149 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$460.0K
$402.5K – $536.7K (±1% cap)
NOI $32,199 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Hair Salon Spa & Massage Center Auto Parts Store Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Brand-new duplex with a 3-bedroom unit and a 2-bedroom unit, each individually metered for electric and water.
Where is this duplex located?
The property is located at 2065 W Ajo Way Tucson, AZ.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Newly built duplex (under construction), Year built 2025, with two separate units; Unit mix: 3‑bed/2‑bath plus 2‑bed/1‑bath—live in one or lease both; Individually metered electric and water for each unit, simplifying utility management
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