$562,500
Tucson, AZ 85719
MLS# 22619551
Status: Active Contingent
3628 sqft
1 / 37
Property Description
Discover this exceptional four-unit property situated in the heart of central Tucson, just minutes from popular shopping centers and a great variety of local restaurants. This well-designed fourplex offers a smart mix of unit sizes to appeal to a wide range of tenants: Two spacious 3-bedroom, 2-bathroom units and two comfortable 2-bedroom, 2-bathroom units featuring roll-in showers with grab bars. Each unit is complete with kitchen appliances and in-unit laundry hookups. Every unit includes its own private, gated outdoor space, giving tenants a secure and personal area to relax outside. Parking is a breeze with two dedicated spaces per unit, ensuring residents and guests always have room to park. Recent upgrades include a brand-new roof, offering peace of mind and reduced maintenance
Details
Maps
Address Information
Street #: 4118
Direction: N
Street Name: 1st Avenue Bldg 2
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA
Location Tax Legal
Tax Code: 108-20-019F
Area: Central
Subdivision: N/A
Contract Information
Current Price: $562,500
List Price: $562,500
Listing Date: 2026-08-11
Status: Active Contingent
Method of Title: Fee (Simple)
Distressed Info: None
Status Change Info
Off Market Date: 2026-09-28
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.29
Lot Sqft: 12838
Lot Size Source: Assessor
Combined SqFt: 3628
Year Built: 1998
Total Parking: 8
School District: Amphitheater
Elementary School: Rio Vista
Middle School: Amphitheater
High School: Amphitheater
Horse Property: No
Horse Facilities: No
List Price/SqFt: 155.04
Lot Size Price/SqFt: 43.82
Remarks Misc
Geo Lat: 32.281663
Geo Lon: -110.959304
Showing Information
Directions: From 1st Ave and Roger, head North. Go just passed the Fry's Shopping center and turn east on 1st Ave. Follow 1st Ave to the end, just before the gated entrance to an apartment complex. Property is located on north side of the street.
Unit Info
# of Units/2 BR: 2
# of Units/3 BR: 2
Unit 1 Information
Monthly Rent: 895
# Beds: 2
# Full Baths: 2
SqFt: 800
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 930
# Beds: 2
# Full Baths: 2
SqFt: 800
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 1300
# Beds: 3
# Full Baths: 2
SqFt: 1000
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Unit 4 Information
Monthly Rent: 1200
# Beds: 3
# Full Baths: 2
SqFt: 1000
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 8.36
Gross Rent Multi: 9.38
Vacancy Rate %: 0.01
Exp/SqFt: 3.57
Exp % of Gross: 21.59
Income
Gross Scheduled Rent: 60000
Vacancy Loss: 5
Adjusted Gross: 59995
Total Expenses: 12951.56
Net Opp Income: 47043.44
Expenses
Maintenance Supplies: 2500
Resident Manager: 7500
Taxes/Assessments: 2951.56
Figures Presented: Proforma
Interior Features
Interior Steps: No
Electric
Electric Company: TEP
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Driveway
Paved: Asphalt
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: Yes
CC&Rs: Yes
Home Protection
Offered: No
Property Features
Construction: Frame - Stucco
Style: Ranch
Roof: Shingle
Living Areas: Living Room
Dining Areas: Breakfast Bar; Dining in LR/GR; Eat-In Kitchen
Dining Room: Area
Breakfast: Bar; Eat-In
Kitchen Features: Breakfast Bar; Double Sink; Electric Range; Dishwasher; Refrigerator
Bathroom Features: Shower & Tub/Primary; Shower & Tub/Hall; Shower Only/Primary
Laundry: Laundry Closet
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile
Window Covering: Stay
Technology: Cable TV; High Speed Internet
Main Cooling: Ceiling Fan(s); Central Air
Main Heating: Electric
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: Roll-In Shower
Security: None
Pool: None
Spa: None
Fence: Chain Link; Wood
Landscape - Front: None
Landscape - Rear: None
View: None
Road Type: Paved
Exterior Feature: None
Lot Features: Subdivided
Neighborhood Features: None
Terms: Cash; Conventional; FHA Loan; VA Loan
Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure; Insurance Claims History Report
Special Conditions: None
Supplements
for years to come.
Whether you're an investor looking for a turnkey income property or seeking a well-located multi-family home, this central Tucson fourplex checks all the boxes: location, accessibility, privacy, and low-maintenance ownership.
Don't miss this rare opportunity!
Listing Office: Tierra Antigua Realty
Last Updated: September - 28 - 2026
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