624 N Columbus Blvd, Tucson, AZ 85711
Two-unit property with renovated interiors, tile flooring, separate outdoor space, and on-site parking.
Property Features for 624 N Columbus Blvd
General Information
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 624 N Columbus Blvd in central Tucson, approximately a 10-minute drive from the University. The two-unit configuration supports an owner-occupant arrangement with one unit available for rent, as described in the property information.
Key Highlights
- 1,244‑square‑foot duplex in central Tucson
- Both units feature updated kitchens, bathrooms, and windows
- Tile floors throughout both units
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 | $21.6k | $17.40 |
| − Vacancy | −$1.7k | −$1.39 |
| EGI | $19.9k | $16.01 |
| − OpEx | −$6.0k | −$4.80 |
| NOI | $13.9k | $11.21 |
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Demographics for 85711, AZ
Market
Vacancy Rate% for Multifamily in West region