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Ranch Duplex Conversion Property
For Sale
$699,000

4823 W Tumbleweed Lane, McNeal, AZ 85617

Residential Income, Ranch, Southwestern, Mc Neal, AZ

Property Size4,700 SF
Lot Size20.00 Acres
Price / SF$148.72
Days on Market53

Property Features for 4823 W Tumbleweed Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Cochise - Call
Parking 20
Patio and Porch features Deck
Interior features Walk-In Closet(s)
Exterior features Balcony, Barbecue, Built-in Barbecue, Courtyard
Fencing Chain Link
Appliances Electric Range, Refrigerator
Lot features Decorative Gravel, Flower Beds, Shrubs, Sprinklers In Front, Dividable Lot
Elementary school Greenway
Middle school Lowell
High school Bisbee
Elementary school district Bisbee
Middle school district Bisbee
High school district Bisbee
Directions From Double Adobe Road, Go North on Frontier Road to Tumbleweed Lane*** NOT Tumbleweed Road***down to the end of Tumbleweed Turn Right-South at entrance with Orange Tractor and Ranch Sign ''Rocking E Hideout''
Subdivision Cochise
Standard status Active
APN 405070300
Size 4,700 SF
Lot size 20.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E2SWSE SEC 6 22 26 20.00 AC
Legal Description E2SWSE SEC 6 22 26 20.00 AC

Utilities

Sewer type Septic Tank
Heating system Zoned, Propane (Heating), Electric (Heating)
Cooling system Zoned
Water source Well

Amenities

RV hookups
outdoor kitchen
fruit trees
dog run
workshop
snake fencing

Building Details

Year built 1995
Number of units 2
Flooring type Carpet, Tile, Wood
Building materials Frame
Roof type Metal
Architectural style Ranch
Additional Structures Greenhouse
Listing Agency: Pepper Realty
Listed By: Paula J Sindelar · License #BR532027000
Added: Aug 20 Changed: Oct 5 Last Checked: Oct 11 at 12:06AM
MLS# 22620466

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.

Set on 20 acres in Mc Neal, this ranch-style property combines a 2,700-square-foot main residence with a separate 2,000-square-foot heated and cooled building. The secondary structure has water and electricity and offers a flexible layout for guest accommodations, an apartment, or a duplex conversion. A tandem garage and hangar provides nine spaces, with capacity for vehicles or large recreational equipment, while three full RV hookups add additional utility.

The two-story home includes three bedrooms, two and one-half baths, a gourmet kitchen, dining and family rooms, a media and pool-table room, enclosed patio, balcony, and outdoor kitchen. Property improvements include a 2023 metal roof, four mini-split systems, a private well, septic tank, chain-link fencing, a dog run, fruit trees, lawns with timed drip irrigation, and a courtyard workshop. The property is located at 4823 W Tumbleweed Lane in Mc Neal, Arizona, within Cochise County.

Key Highlights

  • 20‑acre ranch property in Mc Neal, AZ
  • 2,700‑square‑foot main home paired with a 2,000‑square‑foot heated and cooled building
  • Secondary building has water and electricity for guesthouse, apartment, or duplex conversion

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,559
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,180 $491.2K
Cap Rate 7%
$350,843 $350.8K
Cap Rate 9%
$272,878 $272.9K
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$42.9K $9.12/SF
− Vacancy
−$7.8K −$1.66/SF
EGI
$35.1K $7.46/SF
− OpEx
−$10.5K −$2.24/SF
NOI
$24.6K $5.23/SF
Area
Cochise County, AZ
Vacancy
18.15%
Lease Rate
$9.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,180
Cap Rate 7%
$350,843
Cap Rate 9%
$272,878

Alternative Uses

Best Use
Multifamily LT 5
$350.8K
$307.0K – $409.3K (±1% cap)
NOI $24,559 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$319.0K
$279.2K – $372.2K (±1% cap)
NOI $22,332 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$696.4K
$609.4K – $812.5K (±1% cap)
NOI $48,751 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency

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

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 85617, AZ

1,086
Population
718
Households
1.5
Avg Household Size
57
Median Age
22%
College-Educated
87%
High-School Grad
224.6 sq mi
ZIP Area
5
Density / Sq Mi
$47,837
Median Household Income
$37,283
Median Earnings
$567
Median Rent
$121,900
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
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Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style property with a second conditioned building suited to conversion into guest quarters, an apartment, or a duplex.
Where is this duplex located?
The property is located at 4823 W Tumbleweed Lane McNeal, AZ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 20‑acre ranch property in Mc Neal, AZ; 2,700‑square‑foot main home paired with a 2,000‑square‑foot heated and cooled building; Secondary building has water and electricity for guesthouse, apartment, or duplex conversion
More about this property
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