Multifamily Property with
For Sale
$355,000
5936 E 32nd St, Tucson, AZ 85711
Established multifamily property with month-to-month tenants, a pool area, and a substantial garage.
Property Size2,200 SF
Price / SF$161.36
Days on Market85
Property Features for 5936 E 32nd St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Corbett
Amenities
pool
garage
Building Details
Year Built
1959
Listing Agency:
Realty One Group Integrity
Listed By:
Linda Duran
(520) 548-3945
Source:
Viewtucsonhomesforsale
Added: Aug 10
Changed: Nov 1
Last Checked: Nov 1 at 5:54AM
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 Realty One Group Integrity
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Investment Insights
Based on property information with market context.
This multifamily property at 5936 E 32nd St in Tucson, Arizona, contains 2,200 square feet and was built in 1959. The improvements include a pool area and a large garage, providing notable on-site features for the property.
Month-to-month tenants have been in place for over a year. The property is situated on a large lot, with additional land area described as part of the site.
Month-to-month tenants have been in place for over a year. The property is situated on a large lot, with additional land area described as part of the site.
Key Highlights
- 2,200‑square‑foot multifamily property
- Built in 1959
- Month‑to‑month tenants have rented for over a year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,606
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,120
$452.1K
Cap Rate 7%
$322,943
$322.9K
Cap Rate 9%
$251,178
$251.2K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$44.9K $20.40/SF
− Vacancy
−$3.8K −$1.72/SF
EGI
$41.1K $18.68/SF
− OpEx
−$18.5K −$8.41/SF
NOI
$22.6K $10.28/SF
Area
Tucson, AZ
Vacancy
8.42%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,120
Cap Rate 7%
$322,943
Cap Rate 9%
$251,178
Alternative Uses
Best Use
Apartment 5plus
$322.9K
$282.6K – $376.8K
NOI $22,606 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$571.5K
$500.1K – $666.8K
NOI $40,006 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 85711, AZ
41,518
Population
19,774
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,828
Density / Sq Mi
$52,358
Median Household Income
$35,130
Median Earnings
$1,001
Median Rent
$248,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Established multifamily property with month-to-month tenants, a pool area, and a substantial garage.
Where is this multifamily property located?
The property is located at 5936 E 32nd St Tucson, AZ.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2,200‑square‑foot multifamily property; Built in 1959; Month‑to‑month tenants have rented for over a year
