Two-Unit Duplex with Spray-Foam
Tucson, AZ 85706, Tucson, AZ 85706
For Sale
New
$450,000
Tucson, AZ
Property Size2,158 SF
Price / SF$208.53
Days on Market5
Property Features
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Subdivision
Standard status
Size
Amenities
open-concept floor plan
stainless steel appliances
tile flooring
laundry closet
white cabinetry with granite countertops
Building Details
Year built
Listing Agency:
Engel & Volkers Tucson · Engel & Völkers
(520) 201-0000
Listed By:
Brenden Urias Buono · License #SA704378000
Added: Nov 3
Last Checked: Nov 7 at 11:06PM
MLS# 22602029
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two matching residences within 2,158 square feet. Each unit has three bedrooms and two bathrooms, with an open-concept layout, tile flooring, stainless steel appliances, white cabinetry, and granite countertops. Laundry closets are provided in both units, and spray-foam insulation is part of the construction.
Key Highlights
- Two matching units, each with 3 bedrooms and 2 bathrooms
- 2,158 square feet total
- Built in 2026 with spray‑foam insulation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,846
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,920
$416.9K
Cap Rate 7%
$297,800
$297.8K
Cap Rate 9%
$231,622
$231.6K
Market Conditions
NOI Build-Up for 2,158 SF
Gross rent
$32.4K $15.00/SF
− Vacancy
−$2.6K −$1.20/SF
EGI
$29.8K $13.80/SF
− OpEx
−$8.9K −$4.14/SF
NOI
$20.8K $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%
$416,920
Cap Rate 7%
$297,800
Cap Rate 9%
$231,622
Alternative Uses
Best Use
Multifamily LT 5
$297.8K
$260.6K – $347.4K
NOI $20,846 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$264.6K
$231.5K – $308.7K
NOI $18,522 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$446.2K
$390.5K – $520.6K
NOI $31,236 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
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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
$169,600
Median Home Value
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Market
Average Price Trend$/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 - Each residence offers three bedrooms, two bathrooms, and an open-plan living area with contemporary finishes.
Where is this duplex located?
The property is located at Tucson, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two matching units, each with 3 bedrooms and 2 bathrooms; 2,158 square feet total; Built in 2026 with spray‑foam insulation
