2004 Duplex with Two 3BR
8251 West Mystery Drive Arizona City, AZ 85123
8251 West Mystery Drive, Arizona City, AZ, 85123
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For Sale
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Two 3-bedroom, 2-bath units offer garages, laundry hookups, and large living spaces within a 2004-built duplex.
Property Size1,920 SF
Price / SF$166.15
Days on Market32
Property Features for 8251 West Mystery Drive
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2004
Listing Agency
Keller Williams Arizona Realty
Listed by
Rick Horst · License #SA640657000
Source
Crexi
Added: Jun 16 Checked: Jul 16 at 4:25 am
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 Keller Williams Arizona Realty
Investment Insights
Based on property information with market context.
This 2004-built duplex features two separate 3-bedroom, 2-bath units. Each unit includes a large living room, an eat-in kitchen, and laundry provisions, along with ceiling fans. The property also offers complete appliance packages for the units, including refrigerators, ranges, and dishwashers, and includes laundry hook-ups. Residents have access to garages, and the property provides plenty of parking, along with large backyards for each unit.
Recent improvements include a new roof installed in 2021. Unit A was refurbished in 2023, and Unit B received new A/C in July 2025. The duplex is presented as a residential income property and is currently configured as two well-defined living spaces.
For buyers seeking a straightforward residential income setup, the property’s two-unit layout, in-unit appliances, and garage/parking amenities support tenant convenience. The duplex configuration and ongoing exterior and mechanical updates provide a practical foundation for managing a two-family rental from one asset.
Recent improvements include a new roof installed in 2021. Unit A was refurbished in 2023, and Unit B received new A/C in July 2025. The duplex is presented as a residential income property and is currently configured as two well-defined living spaces.
For buyers seeking a straightforward residential income setup, the property’s two-unit layout, in-unit appliances, and garage/parking amenities support tenant convenience. The duplex configuration and ongoing exterior and mechanical updates provide a practical foundation for managing a two-family rental from one asset.
Key Highlights
- 2004‑built duplex with two 3‑bedroom, 2‑bath units
- New roof installed in 2021
- Unit B new A/C installed July 2025
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 | $26.5k | $13.80 |
| − Vacancy | −$2.9k | −$1.53 |
| EGI | $23.6k | $12.27 |
| − OpEx | −$7.1k | −$3.68 |
| NOI | $16.5k | $8.59 |
1,920 SF · lease $13.80/SF/yr · vacancy 11.11% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.5K
$206.1K – $274.8K
NOI $16,487 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$215.8K
$188.8K – $251.8K
NOI $15,106 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$530.8K
$464.5K – $619.3K
NOI $37,156 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two 3-bedroom, 2-bath units offer garages, laundry hookups, and large living spaces within a 2004-built duplex.
Where is this duplex located?
The property is located at 8251 West Mystery Drive Arizona City, AZ.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 2004‑built duplex with two 3‑bedroom, 2‑bath units; New roof installed in 2021; Unit B new A/C installed July 2025
