Duplex with Alley
850 E Seneca Street, Tucson, AZ 85719
For Sale
$915,000
The property includes central air, heat pump systems, and a range of kitchen and laundry appliances.
Property Size3,142 SF
Price / SF$291.22
Days on Market23
Property Features for 850 E Seneca Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Site & Location
Neighborhood
Amenities
Grip-Accessible Features
Central Air, Heat Pump, Ceiling Fan(s), Gas
Heat Pump, Forced Air, Electric
Electric Range, Dishwasher, Freezer, Disposal, Refrigerator, Microwave, Dryer, Washer, Electric Water Heater, Gas Water Heater
Vaulted Ceiling(s), Pantry, High Speed Internet
Block
Alley Access
Contemporary
Building Details
Building Size
Year Built
Listed By:
Steve E Denny
(520) 271-1936
Source:
Evrealestate
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 10 at 8:33AM
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 Steve E Denny
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Investment Insights
Based on property information with market context.
This 3,142-square-foot duplex was built in 1951 and features block construction with a contemporary exterior. Interior amenities include central air, heat pump systems, ceiling fans, vaulted ceilings, and a pantry. The kitchens are equipped with electric ranges, dishwashers, refrigerators, microwaves, and disposals; washers and dryers are also included.
Alley access serves the property. The duplex is located south of an existing house on the west side of Tyndall, near the southwest corner of Seneca and Tyndall in Tucson. Zoning is Tucson - NR1.
Alley access serves the property. The duplex is located south of an existing house on the west side of Tyndall, near the southwest corner of Seneca and Tyndall in Tucson. Zoning is Tucson - NR1.
Key Highlights
- 3,142 square feet
- Built in 1951
- Block construction with contemporary exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,208
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$704,160
$704.2K
Cap Rate 7%
$502,971
$503.0K
Cap Rate 9%
$391,200
$391.2K
Market Conditions
NOI Build-Up for 3,142 SF
Gross rent
$54.7K $17.40/SF
− Vacancy
−$4.4K −$1.39/SF
EGI
$50.3K $16.01/SF
− OpEx
−$15.1K −$4.80/SF
NOI
$35.2K $11.21/SF
Area
Tucson, AZ
Vacancy
8.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$704,160
Cap Rate 7%
$502,971
Cap Rate 9%
$391,200
Alternative Uses
Best Use
Multifamily LT 5
$503.0K
$440.1K – $586.8K
NOI $35,208 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$461.2K
$403.6K – $538.1K
NOI $32,285 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$816.2K
$714.2K – $952.3K
NOI $57,135 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
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Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Tucson, AZ
Properties on Market for Duplexes in Tucson
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes central air, heat pump systems, and a range of kitchen and laundry appliances.
Where is this duplex located?
The property is located at 850 E Seneca Street Tucson, AZ.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: 3,142 square feet; Built in 1951; Block construction with contemporary exterior
