Two-Unit Income
For Sale
$250,000
419 W Palmdale St, Tucson, AZ 85714
The property was constructed in 1943 and has reported Section 8 payments.
Property Size1,842 SF
Price / SF$135.72
Days on Market88
Property Features for 419 W Palmdale St
General Information
Standard status
Active
Size
1,842 SF
Property subtype
Multi-Family
Additional Details
Gross Income
$36,000
Building Details
Year Built
1943
Listing Agency:
RealtyFelix.Com LLC
Listed By:
Felix H Gafner · License #BR537277000
(520) 390-6920
Source:
Wowrealestate
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 15 at 2:39AM
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 RealtyFelix.Com LLC
Investment Insights
Based on property information with market context.
This duplex at 419 W Palmdale St in Tucson, Arizona, provides 1,842 square feet across a two-unit residential configuration. Built in 1943, the property is classified as a duplex and is offered for sale.
The property information reports Section 8 payments associated with the residence, providing an established income component for the next owner.
The property information reports Section 8 payments associated with the residence, providing an established income component for the next owner.
Key Highlights
- 1,842 SF duplex
- Built in 1943
- Located at 419 W Palmdale St, Tucson, AZ 85714
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,641
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,820
$412.8K
Cap Rate 7%
$294,871
$294.9K
Cap Rate 9%
$229,344
$229.3K
Market Conditions
NOI Build-Up for 1,842 SF
Gross rent
$32.1K $17.40/SF
− Vacancy
−$2.6K −$1.39/SF
EGI
$29.5K $16.01/SF
− OpEx
−$8.8K −$4.80/SF
NOI
$20.6K $11.21/SF
Area
Tucson, AZ
Vacancy
8.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,820
Cap Rate 7%
$294,871
Cap Rate 9%
$229,344
Alternative Uses
Best Use
Multifamily LT 5
$294.9K
$258.0K – $344.0K
NOI $20,641 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$270.4K
$236.6K – $315.5K
NOI $18,927 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$478.5K
$418.7K – $558.3K
NOI $33,496 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
Explore this area
Business Placement
Demographics for 85714, AZ
14,232
Population
5,589
Households
2.5
Avg Household Size
38
Median Age
10%
College-Educated
69%
High-School Grad
5.6 sq mi
ZIP Area
2,541
Density / Sq Mi
$47,093
Median Household Income
$30,204
Median Earnings
$879
Median Rent
$177,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - The property was constructed in 1943 and has reported Section 8 payments.
Where is this duplex located?
The property is located at 419 W Palmdale St Tucson, AZ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,842 SF duplex; Built in 1943; Located at 419 W Palmdale St, Tucson, AZ 85714
