5813 E 23rd St

Tucson, AZ 85711
  • $534,000

    Price
  • 8

    Bed
  • 8

    Bath
  • 2,900

    SqFt

About the Listing 5791 - 640063

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.

Listing Highlights

Status Active
Days on Site 24
Property Type Multi-Family
MLS ® 22608649
Year Built 1976
Total Square Footage 2,900
Lot/Acreage 0.33
County Pima
Neighborhood N/A
School District Tusd
Elementary School Wheeler
Middle School Vail
High School Palo Verde

Interior Details

  • Bedrooms: 8
  • Bathrooms: 8 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor: Ceramic Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: 2 Primary Baths,Walk-In Closet(s),Refrigerator,Living Room,No Interior Steps
  • Water: Public

Exterior Details

  • Lot Description: Shrubs,Trees,East/West Exposure,No
  • Garage Capacity: N/A
  • Lot Dimensions: 00x00
  • Zoning: Tucson - R2
  • Roof: Built-Up - Reflect
  • Others:
  • Sewer: Connected

Financial Details

  • Tax Amount: $2,340
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 131-09-022C
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

5813 E 23rd St Tucson, AZ 85711

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way