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    Ranch Duplex Income Property Title is generated by Realmo AI

    4101-4103 N Fremont Avenue, Tucson, AZ 85719

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    Claim this Listing
    New
    For Sale
    $240,000

    MULTI_FAMILY - Ranch - Tucson, AZ

    Type:Single Family Residence
    Property size:
    1,344 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $178/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 4101-4103 N Fremont Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    Tucson - R2
    Parking
    4
    Window features
    Double Pane Windows
    Interior features
    Built-in Features
    Fencing
    Chain Link
    Appliances
    Electric Range, Gas Range, Disposal, Refrigerator
    Standard status
    Active
    APN
    108-20-0300
    Size
    1,344 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    W123' M/L E897.5' S60' N653' Se4 Sw4 .17 Ac Sec 19-13-14

    Utilities

    Heating system
    Forced Air
    Cooling system
    Evaporative Cooling
    Water source
    Public

    Building Details

    Year built
    1963
    Number of units
    2
    Flooring type
    Tile - Ceramic
    Building materials
    Brick
    Roof type
    Built-Up
    Architectural style
    Ranch

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    Phil Le Peau
    Phil Le Peau

    Listing agent Phil Le Peau

    Listing office OMNI Homes International 7445 N Oracle Rd Ste 201, Tucson, AZ

    Listing date Jun 26, 2026

    MLS# 22615959 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.

    HighLights

    • Ranch‑style brick home built in 1963 with tile‑ceramic flooring and built‑in features
    • Heating: forced air; cooling: evaporative cooling
    • Kitchen appliances include an electric range, disposal, and refrigerator
    • Covered patio and chain‑link fencing
    • Public water; built‑up roof
    • One unit is vacant for easy showing; same owner also selling 3521‑3523 E Lee as a packaged deal

    Overview

    This ranch-style duplex offers two separate units on one lot. Each unit includes an inviting living room with abundant natural light, tile flooring, and fresh paint. The bedroom features a bi-fold closet for storage and organization, and the living space opens to a covered patio. One unit is currently vacant, allowing for straightforward access during showings and providing flexibility for an owner-occupant or tenant placement.

    The property is located at 4101-4103 N Fremont Avenue in Tucson, Arizona 85719, in the R2 zoning district. The lot size is approximately 0.17 acres, and the total property size is listed as 1,344 square feet. The listing notes the seller also owns another nearby duplex at 3521-3523 E Lee, which may be available as a packaged deal.

    From an operator or buyer standpoint, the configuration supports classic duplex income use with the added convenience of a vacant unit for immediate showing. The interior updates described in the listing—fresh paint and tile flooring—can help reduce near-term turnover friction, while the covered patio provides outdoor living space suited to everyday tenant enjoyment. Buyers seeking a residential income property in an R2 setting may find the duplex layout and current vacancy status particularly practical.

    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 $23.4k $17.40
    − Vacancy −$1.9k −$1.39
    EGI $21.5k $16.01
    − OpEx −$6.5k −$4.80
    NOI $15.1k $11.21
    1,344 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $215.1K
    $188.3K – $251.0K (±1% cap)
    NOI $15,060 @ 7.0% cap · market cap 6.28%
    Second Best
    Apartment 5plus
    $197.3K
    $172.6K – $230.2K (±1% cap)
    NOI $13,810 @ 7.0% cap · market cap 5.75%
    Theoretical Best
    Office A
    $349.1K
    $305.5K – $407.3K (±1% cap)
    NOI $24,440 @ 7.0% cap · market cap 10.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.955086
    Latitude
    32.281306

    FAQs

    What type of property is this?
    Duplex - Duplex in Tucson’s R2 zone with a covered patio and interior updates; one unit is currently vacant for easy showing.
    Where is this duplex located?
    The property is located at 4101-4103 N Fremont Avenue Tucson, AZ.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Ranch‑style brick home built in 1963 with tile‑ceramic flooring and built‑in features; Heating: forced air; cooling: evaporative cooling; Kitchen appliances include an electric range, disposal, and refrigerator
    More about this property
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