New Construction
For Sale
$425,000
5988 S Stewart Blvd, Tucson, AZ 85706
Two-unit residential property with updated finishes, dedicated parking, and convenient access to the airport, I-19, and nearby shopping.
Property Size1,882 SF
Price / SF$225.82
Days on Market194
Property Features for 5988 S Stewart Blvd
General Information
Standard status
Active
Size
1,882 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
2025
Buildings
1
Listing Agency:
OMNI Homes International
Listed By:
Evangelina R Valdez
(520) 270-6127
Source:
Findahomeaz
Added: Apr 5
Changed: Oct 1
Last Checked: Oct 14 at 11:37PM
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 OMNI Homes International
Investment Insights
Based on property information with market context.
Built in 2025, this duplex contains 1,882 square feet across two separate residences. The larger unit offers three bedrooms and two bathrooms within 1,079 square feet, while the second includes two bedrooms and one bathroom in 803 square feet. Each residence has two parking spaces.
Interior features include granite countertops, stainless steel appliances, and tile flooring throughout both units. The property is positioned near the airport and I-19, with shopping located nearby. Its two-unit layout supports separate occupancy, including the option to occupy one residence while renting the other.
Interior features include granite countertops, stainless steel appliances, and tile flooring throughout both units. The property is positioned near the airport and I-19, with shopping located nearby. Its two-unit layout supports separate occupancy, including the option to occupy one residence while renting the other.
Key Highlights
- New‑construction duplex completed in 2025
- 1,882 square feet across two residences
- Three‑bedroom, two‑bath unit measures 1079 sq feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,180
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,600
$363.6K
Cap Rate 7%
$259,714
$259.7K
Cap Rate 9%
$202,000
$202.0K
Market Conditions
NOI Build-Up for 1,882 SF
Gross rent
$28.2K $15.00/SF
− Vacancy
−$2.3K −$1.20/SF
EGI
$26.0K $13.80/SF
− OpEx
−$7.8K −$4.14/SF
NOI
$18.2K $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%
$363,600
Cap Rate 7%
$259,714
Cap Rate 9%
$202,000
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 authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
216
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with updated finishes, dedicated parking, and convenient access to the airport, I-19, and nearby shopping.
Where is this duplex located?
The property is located at 5988 S Stewart Blvd 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: New‑construction duplex completed in 2025; 1,882 square feet across two residences; Three‑bedroom, two‑bath unit measures 1079 sq feet
