Under contract

Price cut: $4K (12/31)

$395,250

408 Calle Cipres, Rio Rico, AZ 85648

4beds

0baths

2,103sqft

Est.:

Duplex

Built in 2025

-- sqft lot

$392,100 Zestimate^®

$188/sqft

$-- HOA

What's special

Modern designQuality finishes

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!

177 days

13

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 0

Heating

Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Double Sink
Laundry: Laundry Closet

Features

Built-in Features
Flooring: Ceramic Tile

Interior area

Total structure area: 2,103
Total interior livable area: 2,103 sqft

Property

Parking

Total spaces: 5

Accessibility

Accessibility features: None

Features

Patio & porch: Covered
Exterior features: None
Pool features: None
Spa features: None
Fencing: None
Has view: Yes
View description: Pasture, Residential

Lot

Size: 0.32 Acres
Features: Decorative Gravel, Adjacent to Alley

Details

Parcel number: 12401195
Zoning: SCC - MF
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow,Contemporary,Southwestern
Property subtype: Duplex

Materials

Frame, Frame - Stucco, Wood Frame
Roof: Shingle

Condition

Year built: 2025

Utilities & green energy

Sewer: Sewer Connected

Community & HOA

Community

Features: None
Security: None

HOA

Has HOA: No

Location

Region: Rio Rico

Financial & listing details

Price per square foot: $188/sqft
Tax assessed value: $14,500
Annual tax amount: $223
Date on market: 10/4/2025
Cumulative days on market: 138 days
Listing terms: Cash,Conventional,1031 Exchange,Submit,For Rent,FHA Loan,VA Loan
Road surface type: Paved

Estimated market value

$392,100

$372,000 - $412,000

$1,746/mo

Price history

Date	Event	Price
2/11/2026	Contingent	$395,250$188/sqft
Source: MLS of Southern Arizona #22525900 Report a problem
12/31/2025	Price change	$395,250-1%$188/sqft
Source: MLS of Southern Arizona #22525900 Report a problem
11/17/2025	Price change	$399,250-0.2%$190/sqft
Source: MLS of Southern Arizona #22525900 Report a problem
10/4/2025	Listed for sale	$399,995+1532.6%$190/sqft
Source: MLS of Southern Arizona #22525900 Report a problem
1/8/2024	Sold	$24,500+16.7%$12/sqft
Source: Public Record Report a problem
5/16/2022	Sold	$21,000$10/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$223 +2.9%	$2,175 +111.2%
2023	$217 -2.6%	$1,030 -33.3%
2022	$223 -3.6%	$1,545
2021	$231 +10.4%	$1,545
2019	$209	$1,545
2018	$209 -48.1%	$1,545
2017	$403 +82.6%	$1,545
2016	$221 -8%	$1,545 -6.3%
2015	$240	$1,648
2014	--	--
2013	--	--
2012	--	--
2011	--	--
2010	--	--
2009	--	--
2008	$350	--
2007	--	--
2006	$335	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--

Find assessor info on the county website

BuyAbility℠ payment

Est. payment

$2,186/mo

Principal & interest

$1975

Property taxes

$211

More affordability tools

Climate risks

Neighborhood: 85648

Getting around

24 / 100

Car-Dependent

26 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Mountain View School
Grades: K-5Distance: 1.5 mi
3/10
Calabasas Middle School
Grades: PK-8Distance: 1.5 mi
5/10
Rio Rico High School
Grades: 9-12Distance: 1.6 mi

Schools provided by the listing agent

Elementary: Mountain View Elementary
Middle: Calabasas Middle School
High: Rio Rico High School

Source: MLS of Southern Arizona. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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