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Duplex with Finished Storage
For Sale
$360,000

2550 E Sequoyah, Tucson, AZ 85716

Two residential units include laundry hookups, HVAC, masonry rear yards, and updated electrical service.

Property Size1,788 SF
Price / SF$201.34
Days on Market48

Property Features for 2550 E Sequoyah

General Information

Standard status Active
Size 1,788 SF
Property subtype Multi-Family

Building Details

Year Built 1984
Listing Agency: Realty Executives Arizona Territory
Listed By: Christopher R Kuehl
Source: Exploretucsonproperties
Added: Jul 15 Changed: Aug 28 Last Checked: Aug 30 at 6:13PM

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

Investment Insights

Based on property information with market context.

Built in 1984, this 1,788-square-foot duplex contains two residential units of approximately 894 square feet each. Both layouts include two bedrooms, one bathroom, washer and dryer hookups, HVAC, masonry rear yards, and no carpeting. Each unit also has a new water heater and an updated 100-amp electrical system with a Tesla Solar Lease.

The property is located at 2550 E Sequoyah in Tucson. Unit 2552 includes access to a 200-square-foot finished storage area. Unit 2550 has been used as a short-term vacation rental, and its staging furnishings may remain or be removed.

Key Highlights

  • Two 2‑bedroom, 1‑bath units measuring approximately 894 SF each
  • 1,788 SF duplex built in 1984
  • 200‑square‑foot finished storage unit accessible from Unit 2552

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,036
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.57%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$400,720 $400.7K
Cap Rate 7%
$286,229 $286.2K
Cap Rate 9%
$222,622 $222.6K
Market Conditions
NOI Build-Up for 1,788 SF 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.
Gross rent
$31.1K $17.40/SF
− Vacancy
−$2.5K −$1.39/SF
EGI
$28.6K $16.01/SF
− OpEx
−$8.6K −$4.80/SF
NOI
$20.0K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$400,720
Cap Rate 7%
$286,229
Cap Rate 9%
$222,622

Alternative Uses

Best Use
Multifamily LT 5
$286.2K
$250.5K – $333.9K (±1% cap)
NOI $20,036 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$262.5K
$229.7K – $306.2K (±1% cap)
NOI $18,372 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$464.5K
$406.4K – $541.9K (±1% cap)
NOI $32,514 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Fractal Gardens Garden Center

Suggested Use

Top Pick Daycare Center Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Butcher

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

Location Intelligence

Trade Area within ½ mile

1,305
Businesses Nearby

Demographics for 85716, AZ

31,521
Population
19,025
Households
1.7
Avg Household Size
39
Median Age
42%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
4,378
Density / Sq Mi
$47,009
Median Household Income
$33,367
Median Earnings
$1,021
Median Rent
$300,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include laundry hookups, HVAC, masonry rear yards, and updated electrical service.
Where is this duplex located?
The property is located at 2550 E Sequoyah Tucson, AZ.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units measuring approximately 894 SF each; 1,788 SF duplex built in 1984; 200‑square‑foot finished storage unit accessible from Unit 2552
More about this property
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