Remodeled Duplex with Separate
For Sale
$321,900
221 E Jacinto St, Tucson, AZ 85705
Two updated residences offer private outdoor space, individual parking, and separate electric meters in a leased duplex configuration.
Property Size1,890 SF
Price / SF$170.32
Days on Market50
Property Features for 221 E Jacinto St
General Information
Standard status
Active
Size
1,890 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Keeling
Highway Access
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$35,928
Amenities
private yard
Building Details
Year Built
1977
Year Renovated
2023
Listing Agency:
Realty Executives Arizona Territory
Listed By:
Rozalia A Adams
(520) 331-7768
Source:
Collaborative-agents
Added: Sep 14
Changed: Oct 25
Last Checked: Oct 7 at 4:32PM
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 Realty Executives Arizona Territory
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Investment Insights
Based on property information with market context.
This 1,890-square-foot duplex includes two separate 3-bedroom, 1-bath residences on one lot. Both homes were remodeled in 2023 and feature updated kitchens, renovated bathrooms, laminate flooring, private yards, individual parking areas, and separate electric meters. The property was built in 1977 and is currently leased in both units.
The front residence has a lease running through March 31, 2027, while the back residence is leased on a month-to-month basis. Located at 221 E Jacinto St in Tucson, the property is minutes from downtown Tucson, freeway access, dining, and shopping.
The front residence has a lease running through March 31, 2027, while the back residence is leased on a month-to-month basis. Located at 221 E Jacinto St in Tucson, the property is minutes from downtown Tucson, freeway access, dining, and shopping.
Key Highlights
- Two separate 3BR/1BA residences on one lot
- 1,890 SF duplex remodeled in 2023
- Updated kitchens, remodeled baths, and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,257
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,140
$365.1K
Cap Rate 7%
$260,814
$260.8K
Cap Rate 9%
$202,856
$202.9K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$28.4K $15.00/SF
− Vacancy
−$2.3K −$1.20/SF
EGI
$26.1K $13.80/SF
− OpEx
−$7.8K −$4.14/SF
NOI
$18.3K $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%
$365,140
Cap Rate 7%
$260,814
Cap Rate 9%
$202,856
Alternative Uses
Best Use
Multifamily LT 5
$260.8K
$228.2K – $304.3K
NOI $18,257 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$236.6K
$207.1K – $276.1K
NOI $16,564 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$434.9K
$380.6K – $507.4K
NOI $30,444 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer private outdoor space, individual parking, and separate electric meters in a leased duplex configuration.
Where is this duplex located?
The property is located at 221 E Jacinto St Tucson, AZ.
What is the asking price?
The asking price for this property is $321,900.
What are key features of this property?
This property features: Two separate 3BR/1BA residences on one lot; 1,890 SF duplex remodeled in 2023; Updated kitchens, remodeled baths, and laminate flooring
