Description
The North Ralph Avenue Duplex Portfolio in central Tucson presents an exceptional investment opportunity with 12 newly constructed units across five contiguous lots. This community features six duplexes, three of which are already framed with drywall in progress and available for tours, while the remaining units are advancing quickly toward completion. Designed with a mix of 1-, 2-, and 3-bedroom layouts, each unit offers modern open floorplans, quality finishes, and efficient construction that reduces maintenance and maximizes long-term value. Unit configurations include 2122 N Ralph Ave (2 Bed / 2 Bath per side, 2,176 SF, $440,000), 2126 N Ralph Ave (1 Bed / 1 Bath per side, 1,665 SF, $395,000), 2130 N Ralph Ave (2 Bed / 2 Bath per side, 2,036 SF, $435,000), 2136 N Ralph Ave (3 Bed / 2 Bath on one side, 2 Bed / 1 Bath on the other, 1,182 SF, $440,000), and 2140 N Ralph Ave (two duplexes, 3 Bed / 2 Bath per side, 2,158 SF each, $900,000). This 12-unit portfolio can be acquired as a whole or purchased individually. With strong projected returns and cap rates near 9.9%, it offers investors a turnkey opportunity in a high-demand central Tucson location. The portfolio’s scale, modern design, and diversified unit mix make it an attractive long-term investment for both seasoned and new investors.
Listing Details
- Cap Rate
9.9%
- Tenancy
Multi
- Space Type
Multifamily
- Sub Category
Apartments Building
- Date Listed
9/29/2025
Property Specifics
- Property Name
Ralph Square
- No of Buildings
6
- No of Stories
1
- No of Units
12
- Year Built
2025
- Building Size
11,375 SF
- APN
122-05-032A
- Zoning
R2