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4118 N 1st Avenue, Tucson, AZ 85719

New Listing
$562,500
Property Type: Multi-Family Square Footage: 3,628 Lot Size (sq. ft.): 12,838 Status: Active
Current Price: $562,500 List Date: 8/11/2026 Last Modified: 8/12/2026

Overview

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

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 Details MLS# 22619551

Address Information

Street #
4118
Direction
N
Street Name
1st
Suffix
Avenue
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
108-20-019F
Area
Central
Subdivision
N/A
Tax Year
2025
Taxes
2951.56
Taxes For
Dwelling & Land
Legal Description
N118.72' S889.72' E140' W600' LOT 4 EXC S90' W60' THEREOF .26 AC SEC 19-13-14
Township
13
Community
None
Range
14
Section
19
Municipality/Zoning
Tucson - R2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

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

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

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

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
Other Income
0

Expenses

Maintenance Supplies
2500
Resident Manager
7500
Taxes/Assessments
2951.56
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Insurance
0
Management
0
Water/Sewer
0
Other Expenses
0

Interior Features

Interior Steps
No
Ceiling Fan(s)
Yes
Smoke Detector
Yes

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

Gas

None
Yes

Construction

Frame - Stucco
Yes

Style

Ranch
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Water

Public
Yes

Living Areas

Living Room
Yes

Dining Areas

Breakfast Bar
Yes
Dining in LR/GR
Yes
Eat-In Kitchen
Yes

Fence

Chain Link
Yes
Wood
Yes

Dining Room

Area
Yes

View

None
Yes

Breakfast

Bar
Yes
Eat-In
Yes

Road Type

Paved
Yes

Kitchen Features

Breakfast Bar
Yes
Double Sink
Yes
Electric Range
Yes
Dishwasher
Yes
Refrigerator
Yes

Road Maintenance

City
Yes

Lot Features

Subdivided
Yes

Main Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Laundry

Laundry Closet
Yes

Neighborhood Features

None
Yes

Main Heating

Electric
Yes

Extra Room

None
Yes

Water Heater

Electric
Yes

Association & Fees

HOA
No

Bathroom Features

Shower & Tub/Primary
Yes
Shower & Tub/Hall
Yes
Shower Only/Primary
Yes

Terms

Cash
Yes
Conventional
Yes
FHA Loan
Yes
VA Loan
Yes

Floor Covering

Ceramic Tile
Yes

Submit With Offer

Income Property Addendum
Yes
Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Window Covering

Stay
Yes

Accessibility Option

Roll-In Shower
Yes

Technology

Cable TV
Yes
High Speed Internet
Yes

Special Conditions

None
Yes

Security

None
Yes

Landscape - Front

None
Yes

Landscape - Rear

None
Yes

Patio/Deck

None
Yes

Pool

None
Yes

Property Disclosures

Insurance Claims History Report
Yes
Seller Prop Disclosure
Yes

Spa

None
Yes

Exterior Feature

None
Yes
IDX
Listing Office: Tierra Antigua Realty
Last Updated: August - 12 - 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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