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2-Unit Duplex
New
For Sale
$200,000

355 & 357 W 42nd Street, Tucson, AZ 85713

Residential Income, Contemporary, Tucson, AZ

Property Size1,032 SF
Lot Size0.14 Acres
Price / SF$193.80
Days on Market3

Property Features for 355 & 357 W 42nd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Tucson - R2
Parking 4
Parking features Driveway
Fencing Chain Link
Appliances Double Sink, Electric Range
Subdivision Sunset Villas Add
Lot features Corner Lot, East/ West Exposure
Elementary school Mission View
Middle school Utterback-Magnet
High school Pueblo
Elementary school district TUSD
Middle school district TUSD
High school district TUSD
Directions From W Ajo Way & S 12th Ave: Head north on S 12th Ave. Make a right on W 44th St which changes to Tenth Ave. Make a right on W 42n St & the property is on the corner.
Standard status Active
APN 119-03-384A
Size 1,032 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description From Parcel:001010010 /Sunset Villa Lot 7 Exc Tri Par In Nw Cor Blk 31
Legal Description From Parcel:001010010 /Sunset Villa Lot 7 Exc Tri Par In Nw Cor Blk 31

Utilities

Water source Public

Building Details

Year built 1993
Number of units 2
Flooring type Tile - Ceramic
Building materials Masonry Stucco
Roof type Built-Up
Architectural style Contemporary
Listing Agency: Keller Williams Southern Arizona · Keller Williams Realty
Listed By: Shawn M Polston · License #SA572298000
Added: Oct 30 Changed: Oct 31 Last Checked: Nov 1 at 6:06PM
MLS# 22626455

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.

Rey
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Investment Insights

Based on property information with market context.

This 1993 duplex at 355 and 357 W 42nd Street in Tucson contains two one-bedroom, one-bathroom residences. The property totals 1,032 square feet on 0.14 acres and is zoned Tucson - R2.

Masonry stucco construction, ceramic tile flooring, and a built-up roof serve the building. Each unit includes a double sink and electric range. The property also has driveway parking, chain-link fencing, and public water.

Key Highlights

  • Two residences, each with 1 bedroom and 1 bathroom
  • 1,032 square feet on a 0.14‑acre lot
  • Zoned Tucson - R2

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,208
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,160 $204.2K
Cap Rate 7%
$145,829 $145.8K
Cap Rate 9%
$113,422 $113.4K
Market Conditions
NOI Build-Up for 1,032 SF
Gross rent
$15.9K $15.36/SF
− Vacancy
−$1.3K −$1.23/SF
EGI
$14.6K $14.13/SF
− OpEx
−$4.4K −$4.24/SF
NOI
$10.2K $9.89/SF
Area
ZIP 85713
Vacancy
8.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,160
Cap Rate 7%
$145,829
Cap Rate 9%
$113,422

Alternative Uses

Best Use
Multifamily LT 5
$145.8K
$127.6K – $170.1K (±1% cap)
NOI $10,208 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$134.6K
$117.7K – $157.0K (±1% cap)
NOI $9,419 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$252.6K
$221.1K – $294.7K (±1% cap)
NOI $17,684 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,269
Businesses Nearby

Demographics for 85713, AZ

46,810
Population
19,056
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
79%
High-School Grad
23.8 sq mi
ZIP Area
1,967
Density / Sq Mi
$50,264
Median Household Income
$32,302
Median Earnings
$1,017
Median Rent
$171,700
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has one bedroom and one bathroom, with established tenants in both units.
Where is this duplex located?
The property is located at 355 & 357 W 42nd Street Tucson, AZ.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two residences, each with 1 bedroom and 1 bathroom; 1,032 square feet on a 0.14‑acre lot; Zoned Tucson - R2
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