5813 E 23rd, Tucson, AZ 85711

Tucson
Local realty services provided by:Habitation Realty ERA Powered
5813 E 23rd,Tucson, AZ 85711
$534,000
  • - Beds
  • - Baths
  • 2,906 sq. ft.
  • Multi-family
  • Active
Listed by: anthony dee
Office: omni homes international
MLS#:22608649
Source:TU

Price summary

  • Price:$534,000
  • Price per sq. ft.:$183.76

About this home

Investor alert! This 1976-built 4-plex is priced at $564,000 with a 5.46% stabilized CAP rate and a clear path to 6.40% 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.

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Home facts

  • Year built:1976
  • Listing ID #:22608649
  • Added:47 day(s) ago
  • Updated:May 20, 2026 at 02:47 PM

Rooms and interior

  • Flooring:Ceramic Tile
  • Living area:2,906 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Year built:1976
  • Building area:2,906 sq. ft.
  • Lot area:0.33 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Wood Frame

Utilities

  • Water:Public

Finances and disclosures

  • Price:$534,000
  • Price per sq. ft.:$183.76

Features and amenities

  • Appliances:Refrigerator
  • Amenities:int_fea_Walk-In Closet(s), secu_None

Parking

  • Total parking spaces:6
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