$534,000
5813 23rd
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.
FROM CRAYCROFT AND 22ND EAST TO VAN BUREN, SOUTH ON VAN BUREN TO 23RD ST, EAST TO
Map to 5813 23rd, Tucson, AZ 85711
MLS #
22608649
Date Listed
2026-04-02
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Quadruplex
Square Feet
2906 sqft
Annual Taxes
$2,339.97
Year Taxes Payable
2025
Year Built
1976
Days on Market
16
Zoning
Tucson - R2
External Features
Lot Size
14,244 sq ft
Acreage
0.33 Acres
Lot Dimensions
00x00
Fence
None
Location
Area
Central
County
Pima
Subdivision
N/A
City
Tucson
State
AZ
Zip
85711
Flood Zone
No
Schools
School District
TUSD
Elementary
Wheeler
Middle School
Vail
High School
Palo Verde
Financial
Usage
Quadruplex
Assoc. Dues
$0.00
| MLS # | 22608649 |
|---|---|
| Date Listed | 2026-04-02 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Quadruplex |
| Square Feet | 2906 sqft |
| Annual Taxes | $2,339.97 |
| Year Taxes Payable | 2025 |
| Year Built | 1976 |
| Days on Market | 16 |
| Zoning | Tucson - R2 |
| Lot Size | 14,244 sq ft |
|---|---|
| Acreage | 0.33 Acres |
| Lot Dimensions | 00x00 |
| Fence | None |
| Area | Central |
|---|---|
| County | Pima |
| Subdivision | N/A |
| City | Tucson |
| State | AZ |
| Zip | 85711 |
| Flood Zone | No |
| School District | TUSD |
|---|---|
| Elementary | Wheeler |
| Middle School | Vail |
| High School | Palo Verde |
| Usage | Quadruplex |
|---|---|
| Assoc. Dues | $0.00 |
MLS# 22608649
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 Tierra Antigua Realty 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.
Listing Provided Courtesy of Anthony Dee
OMNI Homes International
Listing updated April 17, 2026 at 8:51 am
Last checked 27 minutes ago
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