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127 N 1st Avenue

Tucson, AZ 85719
  • $475,000
  • STATUS: Active Under Contract
  • ID#: 22510328
Under Contract
$475,000
  • 3
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,788
    SQFT
  • $266
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1921
County:
Pima
Area:
Central

School Information

Elementary School:
Roskruge
Middle School:
Mansfeld
High School:
Tucson
School District:
TUSD
School Ratings & Info
Courtesy of Tucson Property Executives.

Description

Unique opportunity to own your own multi family home! Great income possibility, live in one and rent the others, or get income from all three. This 1921 property with railroad style floor plan, has historic charm and modern conveniences. The 1,326 sq ft duplex accommodates 2 units, a 2 bedroom 2 bath and a 1 bedroom 1 bath. 2 bedroom unit has been fully renovated and updated. 1 bedroom unit and studio has had updates, but not fully renovated, and has endless possibilities for personal touches.Home is nestled in the heart of downtown and just minutes away from the 4th Ave allure, close to restaurants and shops, and the Tucson streetcar for a quick trip to downtown entertainment. Remaining tenants are currently on month to month leases.1 bedroom unit and studio will only be shown with accepted contract. Please DO NOT disturb tenants

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2025-04-21T00:08:02.357.
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 Engel & Völkers Tucson are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.tucsonselecthomes.com/homes/162510448
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127 N 1st Avenue Tucson, AZ 85719

  • Price: $475,000
  • Status: Active Under Contract
  • On Site: Days
  • ID#: 22510328
3
Beds
4
Baths
0
½ Baths
0.11
Acres
1,788
SQFT
$266
$/SQFT
1921
Built
Neighborhood:
N/A
County:
Pima
Area:
Central
Elementary School:
Roskruge
Middle School:
Mansfeld
High School:
Tucson
School District:
TUSD
Property Description
Unique opportunity to own your own multi family home! Great income possibility, live in one and rent the others, or get income from all three. This 1921 property with railroad style floor plan, has historic charm and modern conveniences. The 1,326 sq ft duplex accommodates 2 units, a 2 bedroom 2 bath and a 1 bedroom 1 bath. 2 bedroom unit has been fully renovated and updated. 1 bedroom unit and studio has had updates, but not fully renovated, and has endless possibilities for personal touches.Home is nestled in the heart of downtown and just minutes away from the 4th Ave allure, close to restaurants and shops, and the Tucson streetcar for a quick trip to downtown entertainment. Remaining tenants are currently on month to month leases.1 bedroom unit and studio will only be shown with accepted contract. Please DO NOT disturb tenants
Exterior Features

Construction Masonry StuccoOther Driveway Paved Gravel Exterior Feature None Fence Stucco FinishWood Landscape Front Low CareShrubsTrees Landscape Rear Low CareShrubsTrees Patio Deck CoveredPatioPaver Pool None Road Type Paved Roof MetalShingle Spa None Unit1 Information Parking On Street Unit2 Information Parking On Street Unit3 Information Parking On Property View Mountain(s)Residential

Interior Features

Bathroom Features Shower & Tub/HallShower Only/Primary Breakfast Eat-In Dining Areas Eat-In Kitchen Dining Room None Extra Room None Floor Covering VinylWood Interior Features Ceiling Fan(s)Smoke Detector Interior Features Interior Steps No Kitchen Features Gas RangeRefrigerator Kitchen Features Countertops Laminate Kitchen Features Pantry Cabinet Laundry Dryer IncludedOutsideWasher Included Living Areas Living Room Main Cooling Ceiling Fan(s)Wall Unit(s) Main Heating Wall Technology Cable TVHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 728 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 598 Unit3 Information Furnished No Unit3 Information Number Half Baths 0 Unit3 Information Sqft 462 Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 0.60 Analysis Exp Percent Of Gross 8.10 Analysis Exp Sqft 0.14 Analysis Gross Rent Multi 153.23 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Assoc Amenities None Association And Fees Hoa No Attached Detached Attached Community None Contingent Active Contingent Country USA Distressed Info None Dwelling Type 3 Plex Electric Electric Company TEP Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 0.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 130.00 Expenses Water Sewer 121.25 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Green Valley Rec No Horse Facilities No Horse Property No Income Adjusted Gross 3100.00 Income Gross Scheduled Rent 3100.00 Income Net Opp Income 2848.75 Income Other Income 0.00 Income Total Expenses 251.25 Income Vacancy Loss 0.00 Lot Dimensions 94x51x94x52 Lot Features East/West ExposureSubdivided Lot Size Source Assessor Lot Sqft 4850.00 Municipal Flood Zone No Municipality Zoning Tucson - C3 Neighborhood Features Sidewalks Property Disclosures Insurance Claims History ReportLead Based PaintMilitary Airport VctPublic Airport VctySeller Prop Disclosure Road Maintenance City Section 12 Security None Sewer Connected Special Conditions None Style Bungalow Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs Yes Subdivision Restrict Deed Restrictions Yes Tax Year 2024 Taxes 2534.93 Taxes For Dwelling & Land Terms CashConventionalFHA Loan Total Parking 1 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 1200 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 1100 Unit2 Information Stories Single Unit3 Information Monthly Rent 800 Unit3 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

Listing provided by Tucson Property Executives: (520) 284-2780. Listing information © 2025 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2025-04-21T00:08:02.357.
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 Engel & Völkers Tucson are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Engel & Völkers Tucson
2905 E Skyline Drive
Tuscon AZ, 85718
Courtesy of Tucson Property Executives.