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Willcox Duplex Requiring Repairs

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
Listed by Rey Martinez · License #SA625849000
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 (±1% cap)
NOI $6,521 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$84.7K
$74.1K – $98.8K (±1% cap)
NOI $5,930 @ 7.0% cap · market cap 6.66%
Theoretical Best
Specialty Retail
$184.9K
$161.8K – $215.8K (±1% cap)
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

Suggested Use

Dental Office Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Garden Center HVAC Service (Bike/Boat/Book/etc) Store

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

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
Contact an agent
More about this property
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