24 SHADY Lane Duncan, AZ $ 649,999
24 SHADY Lane
$ 649,999
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24 SHADY Lane

Duncan, AZ, 85534
$ 649,999
Baths0.0

Monthly Estimate*

$ 4,320

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Studio

Multi-Family Home for sale in Duncan, AZ

for $649,999. This home was built in 2001.

Seize this lucrative investment opportunity with a 15.58% cap rate in a high-demand rental area near the Morenci Mine. This property spans 41,102 sq. ft. and features 7 park owned mobile homes. 5 Single-Wide Homes with 840 sf, each with 3 bed, 2 baths. 2 Double-Wide Homes with one at 1456 sf, the other with 1120 sf, both with 3 bed, 2 baths. Individually metered for gas/electric, 3 septic systems and a well water supply. Duncan is known for its rich history & serene environment, offering a welcoming vibe. Town provides local dining, shops and annual events while outdoor enthusiasts enjoy hiking & fishing in nearby Greenlee County. Close to US Route 70 ensures convenient access to nearby cities & amenities. This property is easy to manage with steady tenancy & excellent returns.

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Multi-Family Active

Price

$ 649,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,163

Style

Multiple Dwellings

Year Built

2001

Town/City

Duncan

County/Region

Greenlee

MLS | Web ID

6783049

Features
General
Sewer Septic in & Cnctd Septic Tank
Heating Central Natural Gas
Cooling Central Air Ceiling Fan(s) Window/Wall Unit
Roof Other Composition
Zoning MHP
Construction Materials Steel Frame Wood Frame Siding Painted
Year Built 2001
Electric Individual Meter
Township 06S
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 111720.0
Community Features No Pool
County Greenlee
Net Operating Income 101259.0
Operating Expense 10461.0
Insurance Expense 2863.0
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Active
Directions I-10 E to US-60 E to Main St to property.
High School Duncan High School
City Duncan
Disclosures None Seller Prop Disc Stm
High School District Duncan Unified District
Open Parking Spaces 7.0
Number Of Units Total 7
Lot Size Square Feet 0.0
Carport Y/N N
Electric On Property Y/N N
Elementary School Duncan Elementary
Tax Annual Amount 1163.0
Electric Expense 4267.0
Fuel Expense 1683.0
Middle/Junior High School Duncan Elementary
Trash Expense 0.0
Water Sewer Expense 288.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Duncan Unified District
Tax Lot N/A
Cap Rate 15.58
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Carpet Vinyl Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source See Remarks Domestic Well
Total Parking 7.0
Lot Size Area 0.0
Number of Buildings 7
Spa N
Lot Dimensions 432.98 x 97.81 x 422.19 x 98.59
Lot Size Acres 0.0
Road Surface Type Gravel Dirt Private Street
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 24
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

danielarubiosjf@gmail.com

Email

Affordability Calculator

$4,417
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4944665 Elementary School
4944665 Middle School
Duncan High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2025$649,999 -13.33% Price Down
2/26/2025$749,999 -6.25% Price Down
2/1/2025$799,999 -20.00% Price Down
11/12/2024$999,999 Listed Price

Map


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24 SHADY Lane, Duncan, AZ, 85534 is a Multi-Family Home for sale at $649,999. 24 SHADY Lane is a studio with 0.0 baths and was built in 2001. The property's zip code is 85534 which is in Duncan, AZ