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Rodeo Duplexes 4509 7th Ave 4 Unit Apartment Building $839,000 ($209,750/Unit) 6.40% Cap Rate Tucson, AZ 85714
Investment Highlights
- New Construction Attracts Best Tenants
- Neighborhood proven tenant market
- Easily Accessible and Visible
- Spacious floor plan
- Central Location
Executive Summary
Proven cash flow new construction duplexes located in high rental demand area . 3br-2ba / 2br 1 ba with upgrade finishes of granite counter tops
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $839,000 | Building Class | B |
| Price Per Unit | $209,750 | Lot Size | 0.48 AC |
| Sale Type | Investment | Construction Status | Proposed |
| Cap Rate | 6.40% | Building Size | 4,000 SF |
| Gross Rent Multiplier | 12.4 | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2027 |
| Property Subtype | Apartment | Cross Streets | Michigan |
| Apartment Style | Low-Rise | ||
| Zoning | R2 - Multifamily residential | ||
| Price | $839,000 |
| Price Per Unit | $209,750 |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Gross Rent Multiplier | 12.4 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.48 AC |
| Construction Status | Proposed |
| Building Size | 4,000 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 2027 |
| Cross Streets | Michigan |
| Zoning | R2 - Multifamily residential |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Oven
- Tub/Shower
- Yard
- Patio
Site Amenities
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Storage Space
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $1,650 | - |
| 2+1 | 2 | $1,350 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $26,596 (2026) | |
| Land Assessment | $0 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$26,596 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Rodeo Duplexes | 4509 7th Ave
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