$450,000
Nogales, AZ 85621
MLS# 22526712
5369 sqft
1 / 47
Property Description
Discover a rare investment opportunity in downtown Nogales, AZ, with this charming 1915 two-story brick territorial four-plex located on historic Walnut Street. Its prime location places it within walking distance of all amenities in both Nogales, AZ, and Nogales, Sonora. The building comprises of 3 spacious 2bd/1 bathroom units, each measuring 1,106 sq. ft., and a 1,526 sq. ft. 3bd/ 1 bathroom unit. Each unit has its own fireplace and washer/dryer room. The ground-level units share a welcoming porch and a front yard, securely enclosed by a fence. The lot in back has ample space for more units/income! Each unit is separately metered for electricity and gas. Current tenants are month to month. Listing agent is related to seller
Details
Maps
Documents
Address Information
Street #: 472
Direction: W
Street Name: Walnut
Suffix: Street
State/Province: AZ
Zip Code: 85621
County: Santa Cruz
Country: USA
Location Tax Legal
Tax Code: 101-42-033
Area: SCC-Nogales East
Subdivision: Downtown
Contract Information
Current Price: $450,000
List Price: $450,000
Listing Date: 2025-10-15
Status: Active
Method of Title: Fee (Simple)
Distressed Info: None
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 54x206x50x185
Lot Acres: 0.23
Lot Sqft: 10000
Lot Size Source: Appraiser
Combined SqFt: 5369
Year Built: 1915
Total Parking: 6
School District: Nogales Unified School District #1
Elementary School: AJ Mitchell
Middle School: Wade Carpenter
High School: Nogales
Horse Property: No
Horse Facilities: No
List Price/SqFt: 83.81
Lot Size Price/SqFt: 45
Remarks Misc
Geo Lat: 31.340657
Geo Lon: -110.94418
Showing Information
Directions: South on I-19 to exit 1B Western, Left on Target Range Road, Right to Macnab Dr., Left to Walnut, Property on Left.
Unit Info
# of Units/2 BR: 3
Avg Mo Rent/2 BR: 550
# of Units/3 BR: 1
Avg Mo Rent/3 BR: 550
Unit 1 Information
Monthly Rent: 550
# Beds: 2
# Full Baths: 1
SqFt: 1106
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 2 Information
Monthly Rent: 550
# Beds: 3
# Full Baths: 1
SqFt: 1526
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Unit 3 Information
Monthly Rent: 550
# Beds: 2
# Full Baths: 1
SqFt: 1106
Occupancy: Yes
Stories: Two
Floor: 2nd
Furnished: No
Parking: On Street
Unit 4 Information
Monthly Rent: 550
# Beds: 2
# Full Baths: 1
SqFt: 1106
Occupancy: Yes
Stories: Two
Floor: 2nd
Furnished: No
Parking: On Property
Analysis
Cap Rate %: 3.18
Gross Rent Multi: 17.86
Exp/SqFt: 2.03
Exp % of Gross: 43.28
Income
Gross Scheduled Rent: 25200
Adjusted Gross: 25200
Total Expenses: 10907
Net Opp Income: 14293
Expenses
Insurance: 1114
Maintenance Supplies: 950
Management: 2610
Resident Manager: 1200
Taxes/Assessments: 1145
Water/Sewer: 3888
Figures Presented: Actual
Extra Room
Other: Enclosed Balcony
Interior Features
Interior Steps: No
Electric
Electric Company: UniSource Energy Ser
Water
Water Company: City of Nogales
Security
Other: Some Bars
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Landscaping: Tenant
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
RV Parking
Other: None
Subdivision Restrict
Age Restrictions: No
Deed Restrictions: No
CC&Rs: No
Submit With Offer
Seller Title Company: First American Title
Home Protection
Offered: No
Property Features
Construction: Brick
Style: Territorial
Roof: Rolled
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Room
Kitchen Features: Double Sink; Gas Range; Refrigerator
Bathroom Features: Shower & Tub/Hall
Laundry: Laundry Room
Interior Features: Ceiling Fan(s); Smoke Detector; Vaulted Ceiling(s)
Floor Covering: Carpet; Ceramic Tile; Vinyl; Wood
Window Covering: None
Window Features: ENERGY STAR Qualified Windows
Technology: High Speed Internet
Main Cooling: Ceiling Fan(s); Evaporative Cooling; Wall Unit(s); Window Unit(s)
Main Heating: Electric; Forced Air; Radiant
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Accessibility Option: Wide Hallways
Security: Window Bars
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Low Care; Trees
Landscape - Rear: Natural Desert
View: Residential
Road Type: Chip/Seal
Driveway: Car(s) Pad
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: Paved Street; Sidewalks
Assoc Amenities: None
Terms: Cash; Conventional; Submit; VA Loan
Submit With Offer: Dual Agency Consent; Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Seller Prop Disclosure
Special Conditions: None
Lead Paint Discl 
Listing Office: United Real Estate Specialists
Last Updated: October - 03 - 2026
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