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Newly Built Duplex
For Sale
$410,000

2065 W Ajo Way, Tucson, AZ 85713

Residential Income, Southwestern, Tucson, AZ

Property Size1,879 SF
Lot Size0.26 Acres
Price / SF$218.20
Days on Market93

Property Features for 2065 W Ajo Way

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning Tucson - R1
Appliances Electric Range, Dishwasher
Subdivision Probasco Addition NO. 2
Lot features North/ South Exposure
Elementary school Lynn
Middle school Valencia
High school Pueblo
Elementary school district TUSD
Middle school district TUSD
High school district TUSD
Directions Ajo Way/Mission Road, East of light on south side of street.
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
Legal 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
Listed By: Jose Campillo
Added: Jul 15 Changed: Oct 2 Last Checked: Oct 15 at 6:06AM
MLS# 22617507

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 duplex is under construction and includes 1,879 square feet across two separate residences. One unit provides 3 bedrooms and 2 bathrooms, while the second offers 2 bedrooms and 1 bathroom. Both homes feature ceramic tile flooring, frame-and-stucco construction, tile roofing, heat-pump heating, central air, and ceiling fans. Electric ranges and dishwashers are included, and each residence has separate electric and water metering.

The property occupies a 0.26-acre lot in Tucson, Arizona, with access to public water. Its location near I-10 provides a direct connection to the surrounding area, including shopping, dining, and schools. The property is designated Tucson - R1 and carries a 2025 year built designation.

Key Highlights

  • Two‑unit duplex totaling 1,879 square feet
  • 3‑bedroom, 2‑bath unit paired with a 2‑bedroom, 1‑bath unit
  • Separate electric and water meters for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,587
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,740 $371.7K
Cap Rate 7%
$265,529 $265.5K
Cap Rate 9%
$206,522 $206.5K
Market Conditions
NOI Build-Up for 1,879 SF
Gross rent
$28.9K $15.36/SF
− Vacancy
−$2.3K −$1.23/SF
EGI
$26.6K $14.13/SF
− OpEx
−$8.0K −$4.24/SF
NOI
$18.6K $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%
$371,740
Cap Rate 7%
$265,529
Cap Rate 9%
$206,522

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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences with distinct bedroom and bathroom layouts near I-10.
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: Two‑unit duplex totaling 1,879 square feet; 3‑bedroom, 2‑bath unit paired with a 2‑bedroom, 1‑bath unit; Separate electric and water meters for each residence
More about this property
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