Apartment Building with Swimming
4253 E Flower Street Tucson, AZ 85712
New
For Sale
$1,950,000
COMMERCIAL - Tucson, AZ
Property Size11,879 SF
Lot Size2.53 Acres
Price / SF$164.16
Days on Market1
Property Features for 4253 E Flower Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Tucson - R2
Fencing
Chain Link
Standard status
Active
APN
110-07-159A
Size
11,879 SF
Lot size
2.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Catalina Farms Lot 16 Exc W132.49' S212.17' & Exc E140.85' S509.72' & W27.32' N127.36' S637.21' Adj Aband Rd
Tax Annual Amount
10748
Utilities
Heating system
Forced Air
Cooling system
Wall Unit(s), Evaporative Cooling, Ceiling Fan(s)
Building Details
Year built
1949
Building materials
Brick
Roof type
Rolled Hot Mop
Listing Agency:
Realty Executives Arizona Territory
(520) 314-3255
Listed By:
Nina J Marvcesim · License #SA508805000
(520) 585-0885
Added: Jul 27
Last Checked: Jul 27 at 9:06PM
MLS# 22618329
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 apartment building offers 20 units distributed across five separate buildings. The property includes an on-site swimming pool, a laundry facility, and an office/storage space.
The site is located at 4253 E Flower Street in Tucson, AZ 85712, in an R2 zoning designation. The offering is described as having flexibility to be positioned as a 30-unit multifamily community or to be subdivided into eight separately saleable parcels consisting of seven fourplexes and one duplex.
Lot size is listed at approximately 2.53 acres, and the property size is shown as 11,879 square feet. The remarks also note the ability to develop an additional 10 units, along with potential site enhancements such as asphalt, sidewalks, parking, landscaping, and other site improvements.
The site is located at 4253 E Flower Street in Tucson, AZ 85712, in an R2 zoning designation. The offering is described as having flexibility to be positioned as a 30-unit multifamily community or to be subdivided into eight separately saleable parcels consisting of seven fourplexes and one duplex.
Lot size is listed at approximately 2.53 acres, and the property size is shown as 11,879 square feet. The remarks also note the ability to develop an additional 10 units, along with potential site enhancements such as asphalt, sidewalks, parking, landscaping, and other site improvements.
Key Highlights
- 2‑acre multifamily property with 20 units across five buildings (Year built 1949).
- Development potential: ability to add an additional 10 units on‑site.
- Flexibility in exit strategy: can be positioned as 30‑unit multifamily or subdivided into eight parcels (seven fourplexes and one duplex).
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 | $206.7k | $17.40 |
| − Vacancy | −$16.5k | −$1.39 |
| EGI | $190.2k | $16.01 |
| − OpEx | −$57.0k | −$4.80 |
| NOI | $133.1k | $11.21 |
11,879 SF · lease $17.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.90M
$1.66M – $2.22M
NOI $133,111 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$1.74M
$1.53M – $2.03M
NOI $122,060 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,012 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with 20 units across five buildings, plus on-site pool, laundry, and office/storage space.
Where is this apartment building located?
The property is located at 4253 E Flower Street Tucson, AZ.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 2‑acre multifamily property with 20 units across five buildings (Year built 1949).; Development potential: ability to add an additional 10 units on‑site.; Flexibility in exit strategy: can be positioned as 30‑unit multifamily or subdivided into eight parcels (seven fourplexes and one duplex).
