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1400 W Congress Street, Tucson, AZ 85745 (MLS# 22626486)

1400 W Congress Street, Tucson, AZ 85745

New Listing
$650,000
Property Type: Commercial Square Footage: 2,655 Lot Size (sq. ft.): 17,428 Status: Active
Current Price: $650,000 List Date: 10/31/2026 Last Modified: 10/31/2026

Overview

Description

Built in 1940 and set at the foot of A Mountain, is a collection of six historic units. Every roof has been replaced in recent years, nearly all units have traded evaporative cooling for efficient ductless mini-split air conditioning, and several electrical panels have been updated along the way. A dedicated laundry outbuilding, with a well-maintained water heater and coin-operated washer and dryer, adds convenience for tenants and a modest stream of additional income. The location is hard to match. The modern streetcar is close at hand, the Mercado District sits just minutes away, and Saint Mary's Hospital and the full energy of downtown Tucson are within easy reach, a draw for residents who want to live near the city's best restaurants, markets and events.

Supplements: The generous lot leaves real room to grow: an existing storage building could be removed and create a path to expanding the property's income over time. Call agent for a extended walkthrough of upgrades and potential room for improvements.

Listing Details MLS# 22626486

Address Information

Street #
1400
Direction
W
Street Name
Congress
Suffix
Street
State/Province
AZ
Zip Code
85745
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
11621311C
Area
West

General Property Information

Property Sub-Type
Apartment
Multi-Tenant
Yes
Year Built
1940
Lot Dimensions
irregular
Lot Acres
0.4
Lot Sqft
17428
Lot Size Source
Assessor
Combined SqFt
2655
Source of SqFt
Assessor
List Price/SqFt
244.82
Lot Size Price/SqFt
37.3

Property Features

Property Features: Smoke Detector Construction: Masonry Stucco Roof: Built-Up - Reflect; Shingle Fenced Storage: Yes Main Cooling: Ceiling Fan(s); Central Air; Evaporative Cooling Main Heating: Electric; Forced Air; Heat Pump; Wall Furnace Water Heater: Electric; Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Fence: Chain Link Landscape - Front: Decorative Gravel; Low Care; Natural Desert; Trees Landscape - Rear: Decorative Gravel; Low Care; Trees Road Type: Paved Parking: Free; Public Parking Lot Features: Corner Lot; East/West Exposure; North/South Exposure Business Location: Corner Lot; Free Standing Bldg Traffic Count: Unknown Terms: Cash; Conventional; Exchange Possession: Negotiable Submit With Offer: Lender Pre-Approval; Proof of Funds Property Disclosures: Lead Based Paint; Seller Prop Disclosure Special Conditions: None

Contract Information

Short Sale
No

More Information

Showing Information

Directions
W on W Congress Street, units starts at the corner of Congress and S Cuesta Ave.

Income

Gross Scheduled Rent
57600
Vacancy Loss
1165
Other Income
660
Adjusted Gross
57095
Net Opp Income
47107.38

Analysis

Cap Rate %
7.25
Gross Rent Multi
11.38
Vacancy Rate %
2.02

Expenses

Insurance
3235
Taxes/Assessments
2212.62
Water/Sewer
4140
Other Expenses
400

Unit Information

Other
freestanding units

Apartment Unit Information

# of Units/Studios
3
Avg Mo Rent/Studios
666
# of Units/1 BR
2
Avg Mo Rent/1 BR
850
# of Units/2 BR
Yes
Avg Mo Rent/2 BR
1100

Property Features

Entertainment Center Equipped
No

Main Cooling

Other
mini splits

Electric

Electric Company
TEP

Water

Water Company
City of Tucson

Parking

Other
side park for 2 unit
IDX
Listing Office: Tierra Antigua Realty
Last Updated: October - 31 - 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 2026 MLS of Southern Arizona. All Rights Reserved.
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