New Construction
B-3044 N Estrella Ave, Tucson, AZ 85705
For Sale
$435,000
New construction duplex with upgraded interior finishes and a mission tile roof.
Property Size1,883 SF
Price / SF$231.01
Days on Market62
Property Features for B-3044 N Estrella Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Buildings
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Daniel R Biel
(520) 850-8080
Source:
Exprealty
Added: Sep 14
Changed: Nov 3
Last Checked: Nov 12 at 10:43AM
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 Real Broker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This new-construction duplex offers 1,883 square feet with a practical income-property configuration and builder-selected finishes. Improvements include a mission tile roof, granite countertops, and designer tile throughout the residence. The property is positioned in North Central Tucson within a revitalization zone, with access to the University of Arizona, Tucson Mall, and North Tucson amenities. Its duplex format supports both investment ownership and an owner-occupant arrangement, subject to applicable use and financing considerations.
Key Highlights
- 1,883‑square‑foot duplex
- New construction in North Central Tucson
- Mission tile roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,190
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,800
$363.8K
Cap Rate 7%
$259,857
$259.9K
Cap Rate 9%
$202,111
$202.1K
Market Conditions
NOI Build-Up for 1,883 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 85705
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%
$363,800
Cap Rate 7%
$259,857
Cap Rate 9%
$202,111
Alternative Uses
Best Use
Multifamily LT 5
$259.9K
$227.4K – $303.2K
NOI $18,190 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$235.8K
$206.3K – $275.1K
NOI $16,503 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$433.3K
$379.1K – $505.5K
NOI $30,331 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
Demographics for 85705, AZ
56,711
Population
29,145
Households
1.9
Avg Household Size
36
Median Age
20%
College-Educated
80%
High-School Grad
13.6 sq mi
ZIP Area
4,170
Density / Sq Mi
$36,606
Median Household Income
$27,220
Median Earnings
$924
Median Rent
$113,700
Median Home Value
Market
Average Price Trend$/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 - New construction duplex with upgraded interior finishes and a mission tile roof.
Where is this duplex located?
The property is located at B-3044 N Estrella Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1,883‑square‑foot duplex; New construction in North Central Tucson; Mission tile roof
