New Construction Duplex in
5978 S Stewart Boulevard Tucson, AZ 85706
5978 S Stewart Boulevard, Tucson, AZ, 85706
$425,000
For Sale
$425,000
MULTI_FAMILY - Other - Tucson, AZ
Property Size1,882 SF
Lot Size0.16 Acres
Price / SF$225.82
Days on Market89
Property Features for 5978 S Stewart Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- Tucson - MH1
- Parking
- 4
- Appliances
- Electric Range
- Standard status
- Active
- APN
- 140-25-3140
- Size
- 1,882 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- From Parcel:140250900 /Nelson Mobile Home Estates II Lot 3
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Frame - Stucco
- Roof type
- Tile
- Architectural style
- Other
Listing Agency
OMNI Homes International
(520) 474-1777
7445 N Oracle Rd Ste 201, Tucson, AZ
Listed by
Evangelina R Valdez Valenzuela
(520) 270-6127
Added: Apr 21 Checked: Jul 18 at 3:06 pm
MLS# 22610399
Listing URL
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Investment Insights
Based on property information with market context.
This income-generating property features a new construction duplex. One unit offers 3 bedrooms and 2 bathrooms within 1,079 square feet, accompanied by 2 parking spaces. The second unit includes 2 bedrooms and 1 bathroom in 803 square feet, also with 2 parking spaces. Situated in Tucson, Arizona, this property presents a great investment opportunity, with the option to live in one unit and rent out the other. The duplex features granite counters throughout, new stainless steel appliances, and tile in all areas. The property is located close to the airport and I-19, facilitating easy commuting, with shopping options nearby. The lot size is 0.16 acres. The property is zoned Tucson - MH1.
Key Highlights
- Income‑generating new construction duplex.
- Opportunity to live in one unit and rent the other.
- Two units: a 3‑bedroom/2‑bath (1079 sq ft) and a 2‑bedroom/1‑bath (803 sq ft), each with 2 parking spaces.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.2k | $15.00 |
| − Vacancy | −$2.3k | −$1.20 |
| EGI | $26.0k | $13.80 |
| − OpEx | −$7.8k | −$4.14 |
| NOI | $18.2k | $9.66 |
1,882 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.7K
$227.3K – $303.0K
NOI $18,180 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$230.8K
$201.9K – $269.2K
NOI $16,153 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$389.2K
$340.5K – $454.0K
NOI $27,241 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Income-generating new construction duplex near the airport and I-19.
Where is this duplex located?
The property is located at 5978 S Stewart Boulevard Tucson, AZ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Income‑generating new construction duplex.; Opportunity to live in one unit and rent the other.; Two units: a **3‑bedroom/2‑bath (1079 sq ft) and a 2‑bedroom/1‑bath (803 sq ft)**, each with 2 parking spaces.
