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Two-Unit Duplex with Guest House
For Sale
$329,900

207 W Tennessee St, Tucson, AZ 85714

Two residences provide flexible living arrangements, separate water meters, and laundry hookups for both units.

Property Size2,222 SF
Price / SF$148.47
Days on Market107

Property Features for 207 W Tennessee St

General Information

Standard status Active
Size 2,222 SF
Property subtype Multi-Family

Site & Location

Neighborhood National City Northwest

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 3BR/1BA
Multifamily Units 2

Building Details

Year Built 1961
Buildings 2
Listing Agency: Paul McComb Realty
Listed By: Paul McComb · License #BR507894000
Source: Exploretucsonproperties
Added: Jul 16 Changed: Oct 25 Last Checked: Oct 28 at 8:36AM

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 Paul McComb Realty

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Investment Insights

Based on property information with market context.

This duplex property contains 2,222 square feet across two residences. The primary home offers 3 bedrooms, 1.5 bathrooms, an eat-in kitchen, and an expansive living room. A second residence adds 3 bedrooms, 1 bathroom, a living area, a kitchen with adjoining dining space, and its own laundry hookups. Both units are supported by separate washing machine connections, while the property includes two water meters and a substantial driveway.

Located at 207 W Tennessee St in Tucson, the property was built in 1961. Residents are responsible for water, sewer, trash, gas, and electric service, providing separate utility responsibility for the two-unit configuration.

Key Highlights

  • 2,222 square feet across two residential units
  • Primary home includes 3 bedrooms and 1.5 bathrooms
  • Second residence features 3 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,899
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,980 $498.0K
Cap Rate 7%
$355,700 $355.7K
Cap Rate 9%
$276,656 $276.7K
Market Conditions
NOI Build-Up for 2,222 SF
Gross rent
$38.7K $17.40/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$35.6K $16.01/SF
− OpEx
−$10.7K −$4.80/SF
NOI
$24.9K $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%
$497,980
Cap Rate 7%
$355,700
Cap Rate 9%
$276,656

Alternative Uses

Best Use
Multifamily LT 5
$355.7K
$311.2K – $415.0K (±1% cap)
NOI $24,899 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$326.2K
$285.4K – $380.5K (±1% cap)
NOI $22,832 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$577.2K
$505.1K – $673.4K (±1% cap)
NOI $40,406 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby

Demographics for 85714, AZ

14,232
Population
5,589
Households
2.5
Avg Household Size
38
Median Age
10%
College-Educated
69%
High-School Grad
5.6 sq mi
ZIP Area
2,541
Density / Sq Mi
$47,093
Median Household Income
$30,204
Median Earnings
$879
Median Rent
$177,100
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residences provide flexible living arrangements, separate water meters, and laundry hookups for both units.
Where is this duplex located?
The property is located at 207 W Tennessee St Tucson, AZ.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 2,222 square feet across two residential units; Primary home includes 3 bedrooms and 1.5 bathrooms; Second residence features 3 bedrooms and 1 bathroom
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