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Historic Duplex with Private Patios

2721 East Fort Lowell Road Tucson, AZ 85716

2721 East Fort Lowell Road, Tucson, AZ, 85716
$565,000
For Sale
$565,000

Residential Multi Family, Other - Tucson, AZ

Property Size1,818 SF
Lot Size0.23 Acres
Price / SF$310.78
Days on Market100

Property Features for 2721 East Fort Lowell Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
1,818 SF
Lot size
0.23 Acres

Taxes and HOA fees

Expense value
80
Expense
Home Owner Assessments Fee

Building Details

Year built
1952
Architectural style
Other
Listing Agency NextHome Complete Realty
4007 E. Broadway Blvd, AZ
Listed by Snodgrass Group · License #PersonLicenseNumber
Added: Apr 8 Checked: Jul 16 at 7:06 pm
MLS# 22609078 Listing URL

Copyright © 2026 NextHome, Inc. 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 historic-designated duplex offers mixed-use flexibility with two fully move-in-ready units. Each unit includes two bedrooms and one bathroom, along with spacious layouts and private patios with large yard areas. The property also features central A/C and washer and dryer hookups for each unit. A two-car garage with storage is included, and the property provides off-street parking.

Located on East Fort Lowell Road in Tucson, AZ 85716, the property benefits from visibility along Fort Lowell Road and sits within the Winterhaven Historic District.

The asset totals 1,818 square feet and sits on a 0.23-acre lot.

Key Highlights

  • Historic‑designated duplex in the Winterhaven Historic District on Ft. Lowell Rd, with mixed‑use flexibility for residential, office, or boutique commercial use.
  • Year built 1952—duplex setup with two units, each offering 2 bedrooms and 1 bathroom.
  • Both units are move‑in ready and include private patios with large yards.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $39.3k $21.60
− Vacancy −$3.8k −$2.12
EGI $35.4k $19.48
− OpEx −$8.9k −$4.87
NOI $26.6k $14.61
1,818 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$379.5K
$332.1K – $442.8K (±1% cap)
NOI $26,565 @ 7.0% cap · market cap 4.70%
Second Best
Mixed Use
$319.1K
$279.2K – $372.2K (±1% cap)
NOI $22,334 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$472.3K
$413.2K – $551.0K (±1% cap)
NOI $33,059 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Hotel & Motel Butcher (Bike/Boat/Book/etc) Store Auto Parts Store Wine and Liquor Store Food Market Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Move-in-ready duplex with two bedrooms per unit, private patios, central A/C, and washer/dryer hookups.
Where is this duplex located?
The property is located at 2721 East Fort Lowell Road Tucson, AZ.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Historic‑designated duplex in the Winterhaven Historic District on Ft. Lowell Rd, with mixed‑use flexibility for residential, office, or boutique commercial use.; Year built 1952—duplex setup with two units, each offering 2 bedrooms and 1 bathroom.; Both units are move‑in ready and include private patios with large yards.
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