Newly Built
5778 S Park Avenue, Tucson, AZ 85706
For Sale
New
$450,000
Tucson, AZ
Property Size2,158 SF
Price / SF$208.53
Days on Market5
Property Features for 5778 S Park Avenue
General Information
Property type
Property subtype
Subdivision
Elementary school
Middle school
High school
Standard status
Size
Amenities
open-concept floor plan
stainless steel appliances
tile flooring
laundry closet
white cabinetry
granite countertops
Building Details
Year built
Listing Agency:
Engel & Volkers Tucson · Engel & Völkers
(520) 201-0000
Listed By:
Brenden Urias Buono · License #SA704378000
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 7 at 11:06PM
MLS# 22602033
Copyright © 2026 Engel & Völkers. 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.
Completed in 2026, this 2,158-square-foot duplex contains two matching residences, each with three bedrooms and two bathrooms. Open-plan interiors include tile flooring, stainless steel appliances, white cabinetry, and granite countertops. Each unit also has a laundry closet, and the building uses spray-foam insulation.
The property is in Tucson, Arizona.
The property is in Tucson, Arizona.
Key Highlights
- Two matching units, each with 3 bedrooms and 2 bathrooms
- 2,158 square feet total
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,846
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,920
$416.9K
Cap Rate 7%
$297,800
$297.8K
Cap Rate 9%
$231,622
$231.6K
Market Conditions
NOI Build-Up for 2,158 SF
Gross rent
$32.4K $15.00/SF
− Vacancy
−$2.6K −$1.20/SF
EGI
$29.8K $13.80/SF
− OpEx
−$8.9K −$4.14/SF
NOI
$20.8K $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 Rate 5%
$416,920
Cap Rate 7%
$297,800
Cap Rate 9%
$231,622
Alternative Uses
Best Use
Multifamily LT 5
$297.8K
$260.6K – $347.4K
NOI $20,846 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$264.6K
$231.5K – $308.7K
NOI $18,522 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$446.2K
$390.5K – $520.6K
NOI $31,236 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
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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
$169,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tucson, AZ
Properties on Market for Duplexes in Tucson
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two comparable residences combine open layouts with in-unit laundry closets and contemporary finishes.
Where is this duplex located?
The property is located at 5778 S Park Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two matching units, each with 3 bedrooms and 2 bathrooms; 2,158 square feet total; Built in 2026
