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New Construction Duplexes with EV-Ready Parking
For Sale
$1,800,000

4061 E Monte Vista Drive, Tucson, AZ 85712

New construction four duplexes totaling eight units with EV-ready parking lot and modern finishes throughout.

Property Size7,528 SF
Price / SF$239.11
Days on Market324

Property Features for 4061 E Monte Vista Drive

General Information

Standard status Active
Size 7,528 SF
Property subtype Residential Income

Additional Details

Highway Access Yes

Amenities

granite counters
stainless steel appliances
tile flooring
EV Ready Outlets

Building Details

Buildings 4
Tenancy Multi
Listing Agency: OMNI Homes International
Listed By: Evangelina R Valdez Valenzuela
Source: Exprealty
Added: Sep 11, 2025 Changed: Jul 31 Last Checked: Jul 31 at 5:52AM

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 OMNI Homes International

Investment Insights

Based on property information with market context.

New construction four-duplex property totaling eight residential units. The layout includes four three-bedroom, two-bath units at 1,079 SF each and four two-bedroom, one-bath units at 803 SF each, for a total of 7,528 SF. Interiors feature granite counters throughout, tile in all areas, and new stainless steel appliances.

A dedicated parking lot includes EV-ready outlets. The property is close to the University of Arizona and I-10, supporting convenient commuting and nearby shopping.

This duplex configuration provides a straightforward multi-unit setup with a mix of 3-bedroom and 2-bedroom floorplans.

Key Highlights

  • Four new construction duplexes totaling eight units
  • Four 3‑bedroom, 2‑bath units at 1,079 SF each
  • Four 2‑bedroom, 1‑bath units at 803 SF each

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 $131.0k $17.40
− Vacancy −$10.5k −$1.39
EGI $120.5k $16.01
− OpEx −$36.2k −$4.80
NOI $84.4k $11.21
7,528 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.21M
$1.05M – $1.41M (±1% cap)
NOI $84,356 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$1.11M
$966.9K – $1.29M (±1% cap)
NOI $77,352 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M (±1% cap)
NOI $136,892 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Bakery Barber Shop (Bike/Boat/Book/etc) Store Electrical Service Home Appliance Store

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,380
Businesses Nearby

Demographics for 85712, AZ

33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - New construction four duplexes totaling eight units with EV-ready parking lot and modern finishes throughout.
Where is this duplex located?
The property is located at 4061 E Monte Vista Drive Tucson, AZ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four new construction duplexes totaling eight units; Four 3‑bedroom, 2‑bath units at 1,079 SF each; Four 2‑bedroom, 1‑bath units at 803 SF each
More about this property
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