Duplex with Updated
New
For Sale
$499,000
510 N Iroquois Avenue, Tucson, AZ 85745
Residential Income, Contemporary, Tucson, AZ
Property Size2,749 SF
Lot Size0.16 Acres
Price / SF$181.52
Days on Market4
Property Features for 510 N Iroquois Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Tucson - R2
Parking
4
Fencing
Chain Link
Appliances
Electric Range, Disposal
Subdivision
El Rio Park
Lot features
Subdivided
View
City
Elementary school
Manzo
Middle school
Mansfeld
High school
Tucson
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Directions
Silverbell Rd/St Marys Rd, east on St Marys, north on Iroquois to address on right.
Standard status
Active
APN
116126210
Size
2,749 SF
Lot size
0.16 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
EL RIO PARK LOT 9 BLK 26
Legal Description
EL RIO PARK LOT 9 BLK 26
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1972
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Masonry Stucco
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
Keller Williams Southern Arizona · Keller Williams Realty
(520) 615-8400
Listed By:
Johanna Rhodes · License #BR523234000
(520) 471-2114
Added: Oct 27
Last Checked: Oct 30 at 6:06AM
MLS# 22626164
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.
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Investment Insights
Based on property information with market context.
This 2,749-square-foot duplex, built in 1972, contains two separate residences: one with three bedrooms and two bathrooms, and another with four bedrooms and two bathrooms. Both units are currently rented. Improvements include updated HVAC systems and water heaters, ceramic tile flooring, open living areas, and modern kitchens. The building has masonry stucco construction, central air, forced-air heating, and ceiling fans. The parcel measures 0.16 acres and is zoned Tucson - R2.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms, the other with 4 bedrooms and 2 bathrooms
- Both units are currently rented
- 2,749‑square‑foot building on a 0.16‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,804
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,080
$616.1K
Cap Rate 7%
$440,057
$440.1K
Cap Rate 9%
$342,267
$342.3K
Market Conditions
NOI Build-Up for 2,749 SF
Gross rent
$47.8K $17.40/SF
− Vacancy
−$3.8K −$1.39/SF
EGI
$44.0K $16.01/SF
− OpEx
−$13.2K −$4.80/SF
NOI
$30.8K $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%
$616,080
Cap Rate 7%
$440,057
Cap Rate 9%
$342,267
Alternative Uses
Best Use
Multifamily LT 5
$440.1K
$385.1K – $513.4K
NOI $30,804 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$403.5K
$353.1K – $470.8K
NOI $28,247 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$714.1K
$624.9K – $833.2K
NOI $49,989 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
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Business Placement
Demographics for 85745, AZ
36,774
Population
17,662
Households
2.1
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
47.0 sq mi
ZIP Area
782
Density / Sq Mi
$68,608
Median Household Income
$40,353
Median Earnings
$1,128
Median Rent
$324,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The two units offer three- and four-bedroom layouts, each with two bathrooms.
Where is this duplex located?
The property is located at 510 N Iroquois Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 bathrooms, the other with 4 bedrooms and 2 bathrooms; Both units are currently rented; 2,749‑square‑foot building on a 0.16‑acre parcel
