Detached Duplex with Remodeled
For Sale
$430,000
5110 S 17th Avenue, Tucson, AZ 85706
Residential Income, Ranch, Tucson, AZ
Property Size1,927 SF
Lot Size0.24 Acres
Price / SF$223.14
Days on Market200
Property Features for 5110 S 17th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Tucson - R2
Parking
2
Fencing
Chain Link
Appliances
Electric Range, Dishwasher
Subdivision
National City NO. 9
Lot features
East/ West Exposure
Elementary school
Liberty
Middle school
Apollo
High school
Sunnyside
Elementary school district
Sunnyside
Middle school district
Sunnyside
High school district
Sunnyside
Directions
From W Irvington rd then S on s 17th ave
Standard status
Active
APN
137-05-4750
Size
1,927 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
From Parcel:001010010 /National City No 9 Lot 23 Blk 103
Legal Description
From Parcel:001010010 /National City No 9 Lot 23 Blk 103
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1961
Number of units
2
Building materials
Frame - Stucco
Roof type
Built-Up
Architectural style
Ranch
Listing Agency:
United Real Estate Specialists
(520) 612-7422
Listed By:
Victor J Cabibo · License #37834
(520) 240-8988
Added: Feb 20
Changed: Sep 4
Last Checked: Sep 8 at 7:06AM
MLS# 22605415
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 detached ranch-style duplex measures 1,927 square feet and contains two separate residential units. Each unit provides 4 bedrooms and 2 bathrooms, and both were remodeled in 2021. The property was built in 1961 with frame-and-stucco construction, a built-up roof, chain-link fencing, electric forced-air heating, and central air conditioning. Electric ranges and dishwashers are included.
Located at 5110 S 17th Avenue in Tucson, the property occupies 0.24 acres within the 85706 ZIP code. Public water serves the site, and the zoning designation is Tucson - R2. The configuration supports separate residential occupancy within a single detached structure.
Located at 5110 S 17th Avenue in Tucson, the property occupies 0.24 acres within the 85706 ZIP code. Public water serves the site, and the zoning designation is Tucson - R2. The configuration supports separate residential occupancy within a single detached structure.
Key Highlights
- Detached duplex with two separate residential units
- Each unit includes 4 bedrooms and 2 bathrooms
- Both units remodeled in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,615
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$372,300
$372.3K
Cap Rate 7%
$265,929
$265.9K
Cap Rate 9%
$206,833
$206.8K
Market Conditions
NOI Build-Up for 1,927 SF
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.
Gross rent
$28.9K $15.00/SF
− Vacancy
−$2.3K −$1.20/SF
EGI
$26.6K $13.80/SF
− OpEx
−$8.0K −$4.14/SF
NOI
$18.6K $9.66/SF
Area
ZIP 85706
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$372,300
Cap Rate 7%
$265,929
Cap Rate 9%
$206,833
Alternative Uses
Best Use
Multifamily LT 5
$265.9K
$232.7K – $310.3K
NOI $18,615 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$236.3K
$206.7K – $275.7K
NOI $16,539 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$398.5K
$348.7K – $464.9K
NOI $27,892 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
Demographics for 85706, AZ
54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
Median Home Value
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 - R2-zoned duplex with central air, public water service, and separate residential units.
Where is this duplex located?
The property is located at 5110 S 17th Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Detached duplex with two separate residential units; Each unit includes 4 bedrooms and 2 bathrooms; Both units remodeled in 2021
