236 E 23rd Street, Tucson, AZ 85713 (MLS# 22616074)

236 E 23rd Street, Tucson, AZ 85713

$387,500

Property Type: Multi-Family Square Footage: 1,932 Lot Size (sq. ft.): 7,500 Status: Active

Current Price: $387,500 List Date: 6/27/2026 Last Modified: 8/31/2026

Overview

Description

Excellent Income or Owner-Occupy Opportunity near downtown Tucson! Discover this quality 2023-built duplex offering 1,932Sq Ft of comfortable living space with two identical 2-bedroom, 1-bath units. Thoughtfully designed and meticulously maintained for the past three years, each unit features durable ceramic tile flooring throughout, modern matching stainless steel appliances, an efficient tankless water heater, and a smart thermostat for optimal comfort and energy savings. Additional highlights include a fully fenced yard and security cameras all around for added privacy and peace of mind. This turnkey property is perfect for investors seeking reliable rental income or owner-occupants who want to live in one unit while renting the other.

Listing Details MLS# 22616074

Address Information

Street #: 236
Direction: E
Street Name: 23rd
Suffix: Street
State/Province: AZ
Zip Code: 85713
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 118121130
Area: South
Subdivision: South Park Addition

General Property Information

Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 150 X 50
Lot Acres: 0.17
Lot Sqft: 7500
Lot Size Source: Assessor
Combined SqFt: 1932
Year Built: 2023
Total Parking: 4
School District: TUSD
Elementary School: Borton
Middle School: Safford K-8 Magnet
High School: Tucson
Horse Property: No
Horse Facilities: No
List Price/SqFt: 200.57
Lot Size Price/SqFt: 51.67

Property Features

Construction: Wood Frame; Stucco Finish Style: Contemporary Roof: Tile Living Areas: Living Room Dining Areas: Breakfast Nook Dining Room: Area Breakfast: None Kitchen Features: Electric Range; Dishwasher; Disposal Bathroom Features: Shower Only/Primary Laundry: Laundry Room Extra Room: None Interior Features: Ceiling Fan(s); Smoke Detector; Vaulted Ceiling(s); Walk-In Closet(s) Floor Covering: Ceramic Tile Technology: Cable TV Main Cooling: Ceiling Fan(s); Central Air Main Heating: Heat Pump Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: Closed Circuit Camera(s) Pool: None Spa: None Landscape - Rear: None Road Type: Paved Driveway: To Property Line Exterior Feature: None Lot Features: Subdivided Neighborhood Features: Sidewalks; Street Lights Terms: Cash; Conventional; FHA Loan; Submit; VA Loan Submit With Offer: Proof of Funds Property Disclosures: None Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Distressed Info: None

More Information

Showing Information

Directions: Travel east on 22nd to 4th Ave. South on 4th Ave to 23rd St. West on 23rd St, property on left.

Unit Info

# of Units/2 BR: 2
Avg Mo Rent/2 BR: 1515

Unit 1 Information

Monthly Rent: 1530
# Beds: 2
# Full Baths: Yes
SqFt: 966
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 2 Information

Monthly Rent: 1500
# Beds: 2
# Full Baths: Yes
SqFt: 966
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Analysis

Cap Rate %: 7.55
Gross Rent Multi: 10.82
Exp/SqFt: 3.51
Exp % of Gross: 18.34

Income

Gross Scheduled Rent: 36360
Other Income: 600
Adjusted Gross: 36960
Total Expenses: 6780
Net Opp Income: 30180

Expenses

Admin Expenses: 100
Insurance: 900
Maintenance Supplies: 500
Taxes/Assessments: 4200
Water/Sewer: 1080
Figures Presented: Actual

Kitchen Features

Pantry: Cabinet
Appliance Color: Stainless
Countertops: Quartz
Microwave: Over the Range

Bathroom Features

Countertops/Hall: Quartz

Window Covering

Other: Blinds

Water Heater

None: Tankless

Electric

Electric Company: TEP

Utilities Paid

Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner

Fence

Other: Metal

Landscape - Front

Other: Gravel

RV Parking

Other: None

Subdivision Restrict

Age Restrictions: No
Deed Restrictions: No
CC&Rs: No

Home Protection

Offered: Yes

Listing Office: Carlos Felipe Hernandez

Last Updated: August - 31 - 2026

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.