5037&5039 E 1st Street, Tucson, AZ 85711 (MLS# 22601717)

5037&5039 E 1st Street, Tucson, AZ 85711

$259,900

Property Type: Multi-Family Square Footage: 1,085 Lot Size (sq. ft.): 8,451 Status: Active

Current Price: $259,900 List Date: 1/18/2026 Last Modified: 6/26/2026

Overview

Description

Fantastic opportunity to own a fully remodeled mid-town masonry built duplex featuring two identical 1-bedroom, 1-bathroom units. Each residence boasts stylish 1' x 2' tile flooring throughout, updated kitchens and bathrooms, new windows, upgraded plumbing, and two efficient mini-split A/C systems per unit for personalized climate control. Lovingly maintained and successfully rented for decades by the same meticulous owner, this property reflects pride of ownership throughout. Situated on a generous R-2 lot, the property may allow for additional buildings—perfect for expansion or added rental income (buyer to verify). Ideally located in the heart of Tucson, residents enjoy close proximity to shopping, dining, bus lines, and a charming neighborhood park just around the corner (continued)

Supplements: Whether you're an investor or looking to live in one unit and rent the other, this turnkey duplex delivers flexibility, comfort, and long-term value.

Listing Details MLS# 22601717

Address Information

Street #: 5037&5039
Direction: E
Street Name: 1st
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 127-04-0480
Area: Central
Subdivision: Speedway Tracts
Comparable Only Listing: No
Tax Year: 2025
Taxes: 1782.45
Taxes For: Dwelling & Land
Legal Description: Speedway Tracts W 60' Of S 135' Of N 270' Of L 4 Blk 2
Township: 14
Community: None
Range: 14
Section: 11
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Dwelling Type: Duplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 59' X 142' X 60' X 142'
Lot Acres: 0.19
Lot Sqft: 8451
Lot Size Source: Assessor
Combined SqFt: 1085
Year Built: 1947
Total Parking: 4
School District: TUSD
Elementary School: Howell
Middle School: Vail
High School: Rincon
Horse Property: No
Horse Facilities: No
List Price/SqFt: 239.54
Lot Size Price/SqFt: 30.75

Property Features

Construction: Concrete Block Style: Contemporary Roof: Built-Up Living Areas: Living Room Dining Areas: Dining in LR/GR Dining Room: None Breakfast: None Kitchen Features: Gas Range; Refrigerator Bathroom Features: Shower & Tub/Hall; Pedestal Sink(s) Laundry: None Extra Room: None Interior Features: Ceiling Fan(s); Smoke Detector Floor Covering: Ceramic Tile Window Covering: Stay Technology: High Speed Internet Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: None Pool: None Spa: None Fence: Chain Link; Wood Landscape - Front: Low Care Landscape - Rear: Low Care View: None Road Type: Paved Driveway: To Property Line RV Parking: Space Available Exterior Feature: None Lot Features: North/South Exposure; Subdivided Neighborhood Features: Paved Street Assoc Amenities: None Terms: Cash; Conventional; FHA Loan; VA Loan Submit With Offer: Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Lead Based Paint; Military Airport Vct; 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: Rosemont/Speedway, South on Rosemont, West on 1st Street, Property on the North side of road.

Unit Info

# of Units/1 BR: 2
Avg Mo Rent/1 BR: 872.5

Unit 1 Information

Monthly Rent: 850
# Beds: Yes
# Full Baths: Yes
SqFt: 542
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 2 Information

Monthly Rent: 895
# Beds: Yes
# Full Baths: Yes
SqFt: 542
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Analysis

Cap Rate %: 6.37
Gross Rent Multi: 13.61
Exp/SqFt: 2.56
Exp % of Gross: 13.29
Vacancy Rate %: 0

Income

Gross Scheduled Rent: 20940
Adjusted Gross: 20940
Total Expenses: 2782.45
Net Opp Income: 18157.55
Vacancy Loss: 0
Other Income: 0

Expenses

Insurance: 1000
Taxes/Assessments: 1782.45
Figures Presented: Proforma
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Gas/Electric: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Water/Sewer: 0
Other Expenses: 0

Kitchen Features

Countertops: Granite
Gas Range: Yes
Refrigerator: Yes

Interior Features

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

Main Cooling

Other: mini-split X2 per un

Main Heating

Other: mini-split X2 per un

Electric

Electric Company: TEP

Utilities Paid

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

Subdivision Restrict

Age Restrictions: No
Deed Restrictions: No
CC&Rs: No

Submit With Offer

Digital Signatures: Yes
Seller Title Company: Stewart Title
Income Property Addendum: Yes
Loan Pre-Qualifiaction: Yes
Proof of Funds: Yes

Home Protection

Offered: No

Gas

Natural: Yes

Construction

Concrete Block: Yes

Style

Contemporary: Yes

Sewer

Connected: Yes

Roof

Built-Up: Yes

Water

Public: Yes

Living Areas

Living Room: Yes

Dining Areas

Dining in LR/GR: Yes

Fence

Chain Link: Yes
Wood: Yes

Dining Room

None: Yes

View

None: Yes

Breakfast

None: Yes

Road Type

Paved: Yes

Road Maintenance

City: Yes

Lot Features

North/South Exposure: Yes
Subdivided: Yes

Laundry

None: Yes

Neighborhood Features

Paved Street: Yes

Extra Room

None: Yes

Water Heater

Natural Gas: Yes

Association & Fees

HOA: No

Bathroom Features

Shower & Tub/Hall: Yes
Pedestal Sink(s): Yes

Terms

Cash: Yes
Conventional: Yes
FHA Loan: Yes
VA Loan: Yes

Floor Covering

Ceramic Tile: Yes

Window Covering

Stay: Yes

Accessibility Option

None: Yes

Technology

High Speed Internet: Yes

Special Conditions

None: Yes

Security

None: Yes

Landscape - Front

Low Care: Yes

Landscape - Rear

Low Care: Yes

Patio/Deck

Slab: Yes

Pool

None: Yes

Property Disclosures

Insurance Claims History Report: Yes
Lead Based Paint: Yes
Military Airport Vct: Yes
Seller Prop Disclosure: Yes

Spa

None: Yes

Driveway

To Property Line: Yes

RV Parking

Space Available: Yes

Exterior Feature

None: Yes

Assoc Amenities

None: Yes

Documents

Airport Vicinity Disclosure ›

RLSIR Affiliated Business Disclosure ›

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: June - 26 - 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 2020 MLS of Southern Arizona. All Rights Reserved.

5037&5039 E 1st Street, Tucson, AZ 85711 (MLS# 22601717)

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