New Construction Duplex Apartment
For Sale
$1,800,000
4061 E Monte Vista Drive, Tucson, AZ 85712
MULTI_FAMILY - Other - Tucson, AZ
Property Size7,528 SF
Lot Size0.48 Acres
Price / SF$239.11
Days on Market329
Property Features for 4061 E Monte Vista Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
Tucson - R3
Parking
14
Appliances
Electric Range
Lot features
Decorative Gravel, North/ South Exposure
Elementary school
Davidson
Middle school
Doolen
High school
Catalina
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Directions
from alvernon & glenn, N to Monte Vista, E on Monte Vista, property is on North side.
Subdivision
Central
Standard status
Active
APN
110-06-084A
Size
7,528 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
001010010 /W70' E333.42' S300' N630' As Measured Along N Line Of Monte Vista Dr Lot 4 .48 Ac Sec 34-13-14 (P:9619/1668)
Legal Description
001010010 /W70' E333.42' S300' N630' As Measured Along N Line Of Monte Vista Dr Lot 4 .48 Ac Sec 34-13-14 (P:9619/1668)
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2025
Number of units
4
Flooring type
Tile - Ceramic
Building materials
Frame - Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
OMNI Homes International
(520) 474-1777
Listed By:
Evangelina R Valdez Valenzuela
(520) 270-6127
Added: Sep 11, 2025
Changed: Jul 18
Last Checked: Aug 5 at 3:06AM
MLS# 22523751
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 for-sale multifamily property consists of four new construction duplexes totaling eight residential units. The unit mix includes four 3-bedroom, 2-bath homes and four 2-bedroom, 1-bath homes. Interior finishes include granite counters, tile throughout, and new stainless steel appliances.
The property includes a parking lot with EV-ready outlets. It is located near the University of Arizona and Interstate 10, providing convenient access for commuting and nearby shopping.
With eight units in a duplex configuration, the building offers a straightforward income-producing layout within a Tucson R3 zoning designation.
The property includes a parking lot with EV-ready outlets. It is located near the University of Arizona and Interstate 10, providing convenient access for commuting and nearby shopping.
With eight units in a duplex configuration, the building offers a straightforward income-producing layout within a Tucson R3 zoning designation.
Key Highlights
- Income‑generating property with 8 total units (4 duplexes).
- New construction (2025) with modern amenities.
- Granite counters, new stainless steel appliances, and tile flooring throughout.**
Financial Insights For Apartment 5plus
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 | $153.6k | $20.40 |
| − Vacancy | −$12.9k | −$1.72 |
| EGI | $140.6k | $18.68 |
| − OpEx | −$63.3k | −$8.41 |
| NOI | $77.4k | $10.28 |
7,528 SF · lease $20.40/SF/yr · vacancy 8.42% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$966.9K – $1.29M
NOI $77,352 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,892 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Income-generating property featuring four new construction duplexes with eight total residential units and on-site parking with EV-ready outlets.
Where is this apartment building 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: Income‑generating property with 8 total units (4 duplexes).; New construction (2025) with modern amenities.; Granite counters, new stainless steel appliances, and tile flooring throughout.**
