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Newly Built Duplex
For Sale
$450,000
Pending

5794 S Park Ave, Tucson, AZ 85706

Two matching residences offer contemporary finishes and individual laundry closets.

Property Size2,158 SF
Days on Market449

Property Features for 5794 S Park Ave

General Information

Standard status Pending
Size 2,158 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Building Details

Year Built 2026
Buildings 1
Listing Agency: Engel & Volkers Tucson
Listed By: Brenden Urias Buono · License #SA704378000
Source: Tucsonhomeseeker
Added: Jul 24, 2025 Changed: Oct 1 Last Checked: Oct 14 at 11:20PM

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 Engel & Volkers Tucson

Investment Insights

Based on property information with market context.

This 2026 duplex contains two matching 3-bedroom, 2-bathroom units within a newly constructed property. Each residence has an open-concept layout, tile flooring throughout, stainless steel appliances, white cabinetry, and granite countertops. Dedicated laundry closets are included in both units, while spray-foam insulation supports energy efficiency and year-round comfort. The new construction does not require immediate updates, repairs, or replacements.

The property is located at 5794 S Park Ave in Tucson, Arizona 85706. Its two-unit configuration provides separate residences within one building, with consistent finishes and layouts across both units.

Key Highlights

  • Two matching 3‑bedroom, 2‑bathroom units
  • Built in 2026 with no immediate updates, repairs, or replacements required
  • Open‑concept floor plans with tile flooring throughout

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 (±1% cap)
NOI $20,846 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$264.6K
$231.5K – $308.7K (±1% cap)
NOI $18,522 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$446.2K
$390.5K – $520.6K (±1% cap)
NOI $31,236 @ 7.0% cap · market cap 6.94%
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 Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Pharmacy HVAC Service

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

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

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
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 - Two matching residences offer contemporary finishes and individual laundry closets.
Where is this duplex located?
The property is located at 5794 S Park Ave 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 3‑bedroom, 2‑bathroom units; Built in 2026 with no immediate updates, repairs, or replacements required; Open‑concept floor plans with tile flooring throughout
More about this property
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