Sold

5813 E 23rd St, Tucson, AZ 85711

Sqft
2,906

View property features, location on map, relevant school information and overview from seller's agent.

Listed byOMNI Homes International
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Overview

Investor alert! This 1976-built 4-plex is priced at $564,000 with a 6.40% stabilized CAP rate at full occupancy -- no additional capital required. Four spacious 2BD/2BA units, each with private en suite bathrooms, drive strong rental demand and low turnover. Utilities are fully tenant-paid and parking for up to 6 vehicles adds everyday convenience. All 4 units feature brand new HVAC systems, and one unit was completely remodeled in 2025 with modern finishes -- move-in ready. Current rents are below market with 2 units vacant, offering immediate lease-up upside. The heavy lifting is already done. Gross Potential Rent: $52,800/yr | Stabilized NOI: $30,782 | GRM: 10.68.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,906
Lot size (acres)
0.33
Year built
1976

Interior features

Laundry
Outside

Utilities

Heating
Forced Air
Cooling
Central Air
Water
Public Water

Estimated monthly costs

Insurance
$312

Public schools

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Sourced from: MLS of Southern Arizona MLS®#: 22608649 Last checked:

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