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Updated Duplex With Separate Yards
For Sale
$335,000

4735 E 4th St, Tucson, AZ 85711

Two separately metered residences offer flexible occupancy and income potential in central Tucson.

Property Size1,454 SF
Price / SF$230.40
Days on Market66

Property Features for 4735 E 4th St

General Information

Standard status Active
Size 1,454 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

private yards

Building Details

Year Built 1945
Buildings 2
Listing Agency: Tierra Antigua Realty
Listed By: Ranel V Cox
Source: Findahomeaz
Added: Aug 12 Changed: Oct 1 Last Checked: Oct 14 at 11:52PM

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 Tierra Antigua Realty

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Investment Insights

Based on property information with market context.

This duplex includes a 1,454-square-foot primary residence and a detached guest home. The main unit offers 2 bedrooms and 1 bathroom, along with a recently renovated kitchen and bathroom. Its improvements include a roof installed in 2023, HVAC added in 2023, a water heater dated 2026, and a GE appliance package. The guest home provides 1 bedroom and 1 bathroom, an updated kitchen, stainless steel appliances, and HVAC installed in 2023.

Each residence has its own electric and water meters, private yard, and separate living arrangement. The property also includes 4 parking spaces and is located at 4735 E 4th St in Tucson, Arizona.

Key Highlights

  • 1,454‑square‑foot duplex with a 2‑bedroom, 1‑bath main residence and a 1‑bedroom, 1‑bath guest home
  • Separate electric and water meters serve each residence
  • Main home improvements include a 2023 roof, 2023 HVAC, 2026 water heater, and GE appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,293
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,860 $325.9K
Cap Rate 7%
$232,757 $232.8K
Cap Rate 9%
$181,033 $181.0K
Market Conditions
NOI Build-Up for 1,454 SF
Gross rent
$25.3K $17.40/SF
− Vacancy
−$2.0K −$1.39/SF
EGI
$23.3K $16.01/SF
− OpEx
−$7.0K −$4.80/SF
NOI
$16.3K $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%
$325,860
Cap Rate 7%
$232,757
Cap Rate 9%
$181,033

Alternative Uses

Best Use
Multifamily LT 5
$232.8K
$203.7K – $271.6K (±1% cap)
NOI $16,293 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$213.4K
$186.8K – $249.0K (±1% cap)
NOI $14,940 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$377.7K
$330.5K – $440.7K (±1% cap)
NOI $26,440 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Wine and Liquor Store Tanning Salon

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

Demographics for 85711, AZ

41,518
Population
19,774
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,828
Density / Sq Mi
$52,358
Median Household Income
$35,130
Median Earnings
$1,001
Median Rent
$248,600
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences offer flexible occupancy and income potential in central Tucson.
Where is this duplex located?
The property is located at 4735 E 4th St Tucson, AZ.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,454‑square‑foot duplex with a 2‑bedroom, 1‑bath main residence and a 1‑bedroom, 1‑bath guest home; Separate electric and water meters serve each residence; Main home improvements include a 2023 roof, 2023 HVAC, 2026 water heater, and GE appliances
More about this property
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