Willcox Duplex Requiring
343 S BOWIE Avenue Willcox, AZ 85643
343 S BOWIE Avenue, Willcox, AZ, 85643
$89,000
For Sale
$89,000
MULTI_FAMILY - Ranch - Willcox, AZ
Property Size1,248 SF
Lot Size0.13 Acres
Price / SF$71.31
Days on Market257
Property Features for 343 S BOWIE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Other - CALL
- Parking
- 2
- Standard status
- Active
- APN
- 203-30-144
- Size
- 1,248 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- M&A 1st Add Lot 5 Blk 5
Utilities
- Water source
- Public
Building Details
- Year built
- 1962
- Number of units
- 2
- Flooring type
- Concrete, Tile - Ceramic
- Building materials
- Frame - Stucco
- Roof type
- Metal
- Architectural style
- Ranch
Listing agency
DiPeso Realty
(520) 766-6779
Listed by
Rey Martinez · License #SA625849000
(520) 507-2779
Added: Nov 6, 2025 Updated: Jul 18 at 8:39AM Checked: Jul 21 at 7:06PM
MLS# 22528901
Copyright © 2026 Multiple Listing Service of Southern Arizona. 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 multifamily duplex is located in Willcox, Arizona. The property is in need of repairs and is currently vacant. The lot size is 0.13 acres. The building has a total area of 1248 square feet. It is located close to schools and shopping, offering potential for extra income. The property is zoned as 'Other - CALL'.
Key Highlights
- Duplex built in 1962 with ranch‑style architecture
- Frame stucco construction with metal roof
- Flooring includes concrete and ceramic tile
Local Financial Insights For Multifamily LT 5
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 | $11.4k | $9.12 |
| − Vacancy | −$2.1k | −$1.66 |
| EGI | $9.3k | $7.46 |
| − OpEx | −$2.8k | −$2.24 |
| NOI | $6.5k | $5.23 |
1,248 SF · lease $9.12/SF/yr · vacancy 18.15% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$93.2K
$81.5K – $108.7K
NOI $6,521 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$84.7K
$74.1K – $98.8K
NOI $5,930 @ 7.0% cap · market cap 6.66%
Theoretical Best
Specialty Retail
$184.9K
$161.8K – $215.8K
NOI $12,945 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in Willcox, AZ, needs repairs, potential income property.
Where is this duplex located?
The property is located at 343 S BOWIE Avenue Willcox, AZ.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Duplex built in 1962 with ranch‑style architecture; Frame stucco construction with metal roof; Flooring includes concrete and ceramic tile