408 Calle Cipres, Rio Rico, AZ 85648 (MLS# 22525900)

408 Calle Cipres, Rio Rico, AZ 85648

$395,250
Property Type: Multi-Family Square Footage: 2,103 Lot Size (sq. ft.): 28 Status: Active Contingent
Current Price: $395,250 List Date: 10/04/2025 Last Modified: 2/11/2026

Overview

Description

Brand-New 2025 Duplex - Perfect Investment or House Hack Opportunity! Each unit features 2 bedrooms and 2 bathrooms, offering modern design and quality finishes throughout. Estimated rental potential of $1,200-$1,500 per unit, providing strong income potential or the flexibility to live in one unit and rent the other. Enjoy peace of mind with a new build (2025) that includes a 2-year builder warranty. All offers are welcome—don't miss this opportunity to own a turnkey income property in Rio Rico!

Listing Details MLS# 22525900

Address Information

Street #
408
Street Name
Calle Cipres
State/Province
AZ
Zip Code
85648
County
Santa Cruz
Country
USA

Location, Tax & Legal

Tax Code
124-01-195
Area
SCC-Rio Rico West
Subdivision
N/A
Comparable Only Listing
No
Tax Year
2024
Taxes
223.12
Taxes For
Only for Land
Legal Description
Sub Rio Rico Villas Unit No.13 Lot 18 Of Blk 644
Township
22
Community
None
Municipality/Zoning
SCC - MF
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Duplex
Attached/Detached
Attached
Construction Status
New Construction
Lot Dimensions
regular
Lot Acres
0.32
Lot Sqft
13939
Lot Size Source
Assessor
Combined SqFt
2103
Year Built
2025
Total Parking
5
School District
Santa Cruz Valley United School District #35
Elementary School
Mountain View Elementary
Middle School
Calabasas Middle School
High School
Rio Rico High School
Horse Property
No
Horse Facilities
No
List Price/SqFt
187.95
Lot Size Price/SqFt
28.36

Property Features

Construction: Frame; Frame - Stucco; Wood Frame Style: Bungalow; Contemporary; Southwestern Roof: Shingle Living Areas: Family Room Dining Areas: Eat-In Kitchen Dining Room: Area Breakfast: Area Kitchen Features: Double Sink Bathroom Features: 2 Primary Baths Laundry: Laundry Closet Extra Room: None Interior Features: Built-in Features; Ceiling Fan(s) Floor Covering: Ceramic Tile Window Covering: None Technology: Home Automation Main Cooling: Ceiling Fan(s); Central Air Main Heating: Electric Water Heater: Electric Gas: None Sewer: Connected Accessibility Option: None Security: None Pool: None Spa: None Fence: None Landscape - Front: Decorative Gravel Landscape - Rear: Decorative Gravel View: Pasture; Residential Road Type: Paved RV Parking: Space Available Exterior Feature: None Lot Features: Adjacent to Alley Neighborhood Features: None Terms: Cash; Conventional; Exchange; FHA Loan; For Rent; Seller Concessions; Submit; VA Loan Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

Status Change Info

Off Market Date
2026-02-11

More Information

Showing Information

Directions
Driving from Nogales to Tucson: Exit Ruby Road turn west and go north on Frontage Rd. Turn West on Cipres and the property will be to your right.

Unit Info

# of Units/2 BR
2

Unit 1 Information

Monthly Rent
1500
# Beds
2
# Full Baths
2
SqFt
1000
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
1500
# Beds
2
# Full Baths
2
SqFt
1000
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
0.69
Gross Rent Multi
133.33
Exp/SqFt
0.11
Exp % of Gross
7.87
Vacancy Rate %
0

Income

Gross Scheduled Rent
3000
Adjusted Gross
3000
Total Expenses
236
Net Opp Income
2764
Vacancy Loss
0
Other Income
0

Expenses

Taxes/Assessments
236
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Insurance
0
Maintenance Supplies
0
Management
0
Resident Manager
0
Water/Sewer
0
Other Expenses
0

Electric

Electric Company
Unisource

Water

Water Company
Liberty Water

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Tenant
Insurance
Tenant
Landscaping
Owner
Pool/Spa Maintenance
Tenant
Sewer
Tenant
Taxes
Owner
Trash
Tenant
Water
Tenant

Driveway

Paved
Concrete

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Home Protection

Offered
Yes
Plan By
Builder

Gas

None
Yes

Construction

Frame
Yes
Frame - Stucco
Yes
Wood Frame
Yes

Style

Bungalow
Yes
Contemporary
Yes
Southwestern
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Living Areas

Family Room
Yes

Dining Areas

Eat-In Kitchen
Yes

Fence

None
Yes

Dining Room

Area
Yes

View

Pasture
Yes
Residential
Yes

Breakfast

Area
Yes

Road Type

Paved
Yes

Kitchen Features

Double Sink
Yes

Road Maintenance

City
Yes

Lot Features

Adjacent to Alley
Yes

Main Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Laundry

Laundry Closet
Yes

Neighborhood Features

None
Yes

Main Heating

Electric
Yes

Extra Room

None
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Interior Features

Built-in Features
Yes
Ceiling Fan(s)
Yes

Bathroom Features

2 Primary Baths
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes
FHA Loan
Yes
For Rent
Yes
Seller Concessions
Yes
Submit
Yes
VA Loan
Yes

Floor Covering

Ceramic Tile
Yes

Submit With Offer

Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Window Covering

None
Yes

Accessibility Option

None
Yes

Technology

Home Automation
Yes

Security

None
Yes

Landscape - Front

Decorative Gravel
Yes

Landscape - Rear

Decorative Gravel
Yes

Patio/Deck

Covered
Yes

Pool

None
Yes

Property Disclosures

Seller Prop Disclosure
Yes

Spa

None
Yes

Special Conditions

None
Yes

RV Parking

Space Available
Yes

Exterior Feature

None
Yes
Listing Office: HomeSmart
IDX
Last Updated: February - 11 - 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 2020 MLS of Southern Arizona. All Rights Reserved.

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