Updated Duplex with Two 2BR
353 E Alturas Street Tucson, AZ 85705
353 E Alturas Street, Tucson, AZ, 85705
$344,900
For Sale
$344,900
MULTI_FAMILY - Ranch - Tucson, AZ
Property Size1,752 SF
Lot Size0.15 Acres
Price / SF$196.86
Days on Market141
Property Features for 353 E Alturas Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Tucson - R2
- Parking
- 2
- Patio and Porch features
- Patio
- Exterior features
- Courtyard
- Appliances
- Gas Range, Dishwasher, Disposal, Refrigerator
- Standard status
- Active
- APN
- 107-14-0670
- Size
- 1,752 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Coronado Heights W55' E135' Lot 9 Blk 51
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Number of units
- 2
- Flooring type
- Concrete, Vinyl
- Building materials
- Brick
- Roof type
- Rolled Hot Mop
- Architectural style
- Ranch
Listing Agency
HomeSmart
(602) 230-7600
8388 E Hartford Dr # 100, Phoenix, AZ
Listed by
Kevin Andrew Simshauser
(949) 630-8385
Added: Feb 25 Checked: Jul 16 at 8:06 pm
MLS# 22605228
Listing URL
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 fully updated duplex features two separate 2-bedroom, 1-bath units. Updates include newer windows, fresh paint, updated kitchens and bathrooms, and durable flooring throughout both units.
The property includes a two-car carport along with plenty of off-street parking. A spacious fenced yard with mature desert landscaping provides additional outdoor space.
Set on a lot of 0.15 acres and currently zoned Tucson - R2, the duplex totals 1,752 square feet of residential space and is listed for sale in Tucson, AZ (85705), in Pima County.
The property includes a two-car carport along with plenty of off-street parking. A spacious fenced yard with mature desert landscaping provides additional outdoor space.
Set on a lot of 0.15 acres and currently zoned Tucson - R2, the duplex totals 1,752 square feet of residential space and is listed for sale in Tucson, AZ (85705), in Pima County.
Key Highlights
- Fully updated duplex with two 2‑bedroom, 1‑bath units
- Central air and forced‑air heating; newer windows; fresh paint throughout
- Updated kitchens and bathrooms; appliances include gas range, dishwasher, disposal, and refrigerator
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 | $26.3k | $15.00 |
| − Vacancy | −$2.1k | −$1.20 |
| EGI | $24.2k | $13.80 |
| − OpEx | −$7.3k | −$4.14 |
| NOI | $16.9k | $9.66 |
1,752 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$241.8K
$211.6K – $282.1K
NOI $16,924 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$219.4K
$191.9K – $255.9K
NOI $15,355 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$403.2K
$352.8K – $470.4K
NOI $28,221 @ 7.0% cap · market cap 8.18%
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 - Fully updated duplex offers two 2-bedroom, 1-bath units with a carport, off-street parking, and fenced yard.
Where is this duplex located?
The property is located at 353 E Alturas Street Tucson, AZ.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Fully updated duplex with two 2‑bedroom, 1‑bath units; Central air and forced‑air heating; newer windows; fresh paint throughout; Updated kitchens and bathrooms; appliances include gas range, dishwasher, disposal, and refrigerator
