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4088 N 1st Avenue, Tucson, AZ 85719

$499,000
Property Type: Multi-Family Square Footage: 2,450 Lot Size (sq. ft.): 7,231 Status: Active
Current Price: $499,000 List Date: 10/04/2026 Last Modified: 10/13/2026

Overview

Description

This darling enclave of 3 duplexes is centrally located near U of A, mall, shopping, dining Offers Open floor plan with great room, kitchen & dining areas. Refrigerator, range, dishwasher, washer & dryer are included in each unit. 3 nice sized bedrooms, 2 baths, roomy closets, ceiling fans. Central air/heat pump is on separate meter, along with utilities, are paid for by tenants. Seller is licensed Real Estate Agent in Florida.

Listing Details MLS# 22624218

Address Information

Street #
4088
Direction
N
Street Name
1st
Suffix
Avenue
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
108-20-020C
Area
Central
Subdivision
N/A

General Property Information

Dwelling Type
Duplex
Attached/Detached
Attached
Construction Status
Existing
Lot Dimensions
65 x 106
Lot Acres
0.17
Lot Sqft
7231
Lot Size Source
Assessor
Combined SqFt
2450
Year Built
2006
Total Parking
2
School District
Amphitheater
Elementary School
Rio Vista
Middle School
Amphitheater
High School
Amphitheater
Horse Property
No
Horse Facilities
No
List Price/SqFt
203.67
Lot Size Price/SqFt
69.01

Property Features

Construction: Frame - Stucco Style: Santa Fe; Spanish Roof: Built-Up - Reflect Living Areas: Great Room Dining Areas: Breakfast Nook Dining Room: Area Breakfast: Area Kitchen Features: Electric Range; Dishwasher; Refrigerator Bathroom Features: Shower & Tub/Hall Laundry: Dryer Included; Washer Included Extra Room: None Interior Features: Ceiling Fan(s) Floor Covering: Concrete Window Covering: None Window Features: Double Pane Windows Technology: Cable TV; High Speed Internet Main Cooling: Central Air Main Heating: Electric; Heat Pump Water Heater: Electric Gas: None Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: None Landscape - Front: Decorative Gravel; Desert Plantings; Trees Landscape - Rear: Decorative Gravel; Desert Plantings; Trees View: None Road Type: Paved Exterior Feature: None Lot Features: Subdivided Neighborhood Features: None Terms: Cash; Conventional Submit With Offer: Lender Pre-Approval; Loan Status; Proof of Funds Property Disclosures: Seller Prop Disclosure Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
From Limberlost & 1st Ave, S on 1st Ave approx 500',E on road (called 1st Ave to dead end)

Unit Info

# of Units/3 BR
2

Unit 1 Information

Monthly Rent
1220
# Beds
3
# Full Baths
2
SqFt
1225
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
1170
# Beds
3
# Full Baths
2
SqFt
1225
Occupancy
Yes
Stories
Single
Floor
2nd
Furnished
No
Parking
On Property

Analysis

Cap Rate %
4.8
Gross Rent Multi
17.77
Exp/SqFt
1.69
Exp % of Gross
14.73

Income

Gross Scheduled Rent
28080
Adjusted Gross
28080
Total Expenses
4135.08
Net Opp Income
23944.92

Expenses

Insurance
818
Maintenance Supplies
1360
Taxes/Assessments
1389.08
Water/Sewer
338
Other Expenses
230
Figures Presented
Actual

Kitchen Features

Pantry
Closet
Appliance Color
Black
Microwave
Range hood

Floor Covering

Other
TBD

Electric

Electric Company
TEP

Utilities Paid

Cable TV
Tenant
Electric
Tenant
Gas
Owner
Insurance
Tenant
Sewer
Tenant
Taxes
Owner
Trash
Tenant
Water
Tenant

Driveway

Paved
Asphalt

RV Parking

Other
None

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
No
CC&Rs
No

Submit With Offer

Digital Signatures
Yes

Home Protection

Offered
No
IDX
Listing Office: Coldwell Banker Realty
Last Updated: October - 13 - 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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