5813 E 23rd St, Tucson, AZ 85711
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5813 E 23rd St, Tucson, AZ 85711
5813 E 23rd St, Tucson, AZ 85711
5813 E 23rd St, Tucson, AZ 85711
5813 E 23rd St, Tucson, AZ 85711
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Phoebe Bigelow

Phoebe Bigelow

+1(303) 656-5950
Listed by OMNI Homes International • Anthony Dee
$ 534,000
Est. payment /mo
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Active Under Contract

5813 E 23rd St Tucson, AZ 85711

2,906 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,906 sqft

Price per Sqft $183

MLS Listing ID 22608649

Style Bungalow

HOA Y/N No

Year Built 1976

Tax Year 2025

Lot Size 0.327 Acres

Acres 0.33

Lot Dimensions 00x00

Property Sub-Type Quadruplex

Source MLS of Southern Arizona

Property Description

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

State AZ

County Pima

Area Central

Zoning Tucson - R2

Direction FROM CRAYCROFT AND 22ND EAST TO VAN BUREN, SOUTH ON VAN BUREN TO 23RD ST, EAST TO

Rooms

Kitchen Refrigerator

Interior

Interior Features Walk-In Closet(s)

Heating Forced Air

Cooling Central Air

Flooring Ceramic Tile

Laundry Outside

Exterior

Exterior Feature None

Fence Wood

Pool None

Community Features None

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc City Water

View None

Roof Type Built-Up - Reflect

Porch Covered

Building

Lot Description East/West Exposure, Shrubs

Architectural Style Bungalow

Schools

Elementary Schools Wheeler

Middle Schools Vail

High Schools Palo Verde

School District Tusd

Others

Tax ID 131-09-022C

Acceptable Financing FHA Loan, Conventional, Cash

Horse Property No

Listing Terms FHA Loan, Conventional, Cash

Special Listing Condition None

MLS of Southern Arizona - IDX

Nearby Locations

Phoebe Bigelow
Phoebe Bigelow

REALTOR® | Associate Broker | License ID: BR691729000

+1(303) 656-5950 | phoebe@embarcrealty.com

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5813 E 23rd St