New Two-Unit
For Sale
$415,000
214 E Kelso St, Tucson, AZ 85705
Modern interiors, fenced front yards, and equipped eat-in kitchens support flexible residential use.
Property Size1,881 SF
Price / SF$220.63
Days on Market51
Property Features for 214 E Kelso St
General Information
Standard status
Active
Size
1,881 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Keeling
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Listing Agency:
Real Broker
Listed By:
Kyle Mokhtarian · License #17381
(520) 275-7175
Source:
Anthony.viewalltucsonhomes
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 8:53AM
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 Real Broker
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Investment Insights
Based on property information with market context.
Built in 2026, this duplex offers two residential units with contemporary interior finishes and distinct outdoor areas. Each unit includes a fenced front yard, high ceilings, wood-look tile flooring, and a neutral color scheme. Eat-in kitchens feature shaker cabinetry, recessed lighting, and dedicated counter space. Stainless steel electric ranges, over-the-range microwaves, and dishwashers are scheduled for installation at closing. Unit B adds a spacious primary suite with a private en-suite bathroom.
The property is located at 214 E Kelso St in Tucson, with dining and shopping described as just minutes away. The residence may suit investors or multi-generational households, as supported by its two-unit configuration.
The property is located at 214 E Kelso St in Tucson, with dining and shopping described as just minutes away. The residence may suit investors or multi-generational households, as supported by its two-unit configuration.
Key Highlights
- Two‑unit duplex built in 2026
- Each unit includes a fenced front yard
- High ceilings and wood‑look tile flooring throughout the interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,170
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,400
$363.4K
Cap Rate 7%
$259,571
$259.6K
Cap Rate 9%
$201,889
$201.9K
Market Conditions
NOI Build-Up for 1,881 SF
Gross rent
$28.2K $15.00/SF
− Vacancy
−$2.3K −$1.20/SF
EGI
$26.0K $13.80/SF
− OpEx
−$7.8K −$4.14/SF
NOI
$18.2K $9.66/SF
Area
ZIP 85705
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,400
Cap Rate 7%
$259,571
Cap Rate 9%
$201,889
Alternative Uses
Best Use
Multifamily LT 5
$259.6K
$227.1K – $302.8K
NOI $18,170 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$235.5K
$206.1K – $274.8K
NOI $16,485 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$432.8K
$378.7K – $505.0K
NOI $30,299 @ 7.0% cap · market cap 7.30%
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
1,189
Businesses Nearby
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Business Placement
Demographics for 85705, AZ
56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
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 - Modern interiors, fenced front yards, and equipped eat-in kitchens support flexible residential use.
Where is this duplex located?
The property is located at 214 E Kelso St Tucson, AZ.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2026; Each unit includes a fenced front yard; High ceilings and wood‑look tile flooring throughout the interiors
