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About This Home
This 0-bedroom, 0-bathroom residential multi family at 5813 E 23rd Street in Tucson, AZ is listed for $564,000 ($194 per sqft). Built in 1976, the home offers 2,906 sqft of living space on a 0.33 acres lot.
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.
Key Features
- Built in 1976
- 0.33 acre lot
- 6 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,016/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5813 E 23rd Street
Tucson, AZ 85711
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 5813 E 23rd Street is listed at $564,000 ($194/sqft). The estimated monthly payment is $2,444 based on 20% down at 6.5% interest.
Key features include: Built in 1976, 0.33 acre lot, 6 parking spaces. Interior Features: Walk-In Closet(s).
This property is listed by Anthony Dee and can be reached at 5202821671 or adee49@gmail.com.
