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New Construction Duplex
For Sale
$435,000

3044 N Estrella Ave, Tucson, AZ 85705

Two-unit property with central air, tile roofing, and a kitchen equipped for everyday use.

Property Size1,883 SF
Price / SF$231.01
Days on Market49

Property Features for 3044 N Estrella Ave

General Information

Standard status Active
Size 1,883 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 2026
Buildings 1
Listing Agency: Real Broker
Listed By: Daniel R Biel · License #160
Source: Azonthemove
Added: Aug 19 Changed: Oct 3 Last Checked: Oct 6 at 12:40AM

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

Investment Insights

Based on property information with market context.

This Tucson duplex is identified as new construction with a 2026 build year. The property includes a mission tile roof, granite countertops, designer tile, and a large lot. Interior features include central air, ceiling fans, an electric range, dishwasher, disposal, and double sinks, with electric service and connected sewer.

Located at 3044 N Estrella Avenue, the property offers access to the University of Arizona, Tucson Mall, and North Tucson amenities. An additional duplex is also being built on the lot and is available separately.

Key Highlights

  • 2026 build year with new‑construction duplex configuration
  • Mission tile roof and designer tile finishes
  • Granite countertops with double sinks and disposal

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,190
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,800 $363.8K
Cap Rate 7%
$259,857 $259.9K
Cap Rate 9%
$202,111 $202.1K
Market Conditions
NOI Build-Up for 1,883 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%
$363,800
Cap Rate 7%
$259,857
Cap Rate 9%
$202,111

Alternative Uses

Best Use
Multifamily LT 5
$259.9K
$227.4K – $303.2K (±1% cap)
NOI $18,190 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$235.8K
$206.3K – $275.1K (±1% cap)
NOI $16,503 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$433.3K
$379.1K – $505.5K (±1% cap)
NOI $30,331 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Travel Agency Catering Service

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with central air, tile roofing, and a kitchen equipped for everyday use.
Where is this duplex located?
The property is located at 3044 N Estrella Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2026 build year with new‑construction duplex configuration; Mission tile roof and designer tile finishes; Granite countertops with double sinks and disposal
More about this property
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