5037&5039 E 1st Street, Tucson, AZ 85711
$299,000
Property Type:
Multi-Family
Square Footage:
1,085
Lot Size (sq. ft.):
35
Status:
Active
Current Price:
$299,000
List Date:
7/25/2025
Last Modified:
9/02/2025
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.
More Information MLS# 22519337
Address Information
Country: USA
Street #: 5037&5039
Direction: E
Street Name: 1st
Suffix: Street
State/Province: AZ
Zip Code: 85711
County: Pima
Location, Tax & Legal
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
Tax Code: 127-04-0480
Area: Central
Subdivision: Speedway Tracts
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $299,000
List Price: $299,000
Listing Date: 2025-07-23
Status: Active
Showing Information
Directions: Rosemont/Speedway, South on Rosemont, West on 1st Street, Property on the North side of road.
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
Total Parking: 4
Lot Sqft: 8451
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Howell
Middle School: Vail
High School: Rincon
Horse Facilities: No
List Price/SqFt: 275.58
Lot Size Price/SqFt: 35.38
Combined SqFt: 1085
Year Built: 1947
Unit Info
# of Units/Studios: 2
Avg Mo Rent/1 BR: 872.5
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 850
# Beds: 1
# Full Baths: 1
SqFt: 542
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 20940
Total Expenses: 2782.45
Gross Scheduled Rent: 20940
Net Opp Income: 18157.55
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 895
# Beds: 1
# Full Baths: 1
SqFt: 542
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 14.28
Vacancy Rate %: 0
Exp/SqFt: 2.56
Exp % of Gross: 13.29
Cap Rate %: 6.07
Construction
Concrete Block: 1
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 1000
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 1782.45
Water/Sewer: 0
Other Expenses: 0
Style
Contemporary: 1
Sewer
Connected: 1
Roof
Built-Up: 1
Water
Public: 1
Living Areas
Living Room: 1
Dining Areas
Dining in LR/GR: 1
Fence
Chain Link: 1
Wood: 1
Dining Room
None: 1
View
None: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Countertops: Granite
Gas Range: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
North/South Exposure: 1
Subdivided: 1
Main Cooling
Other: mini-split X2 per un
Laundry
None: 1
Neighborhood Features
Paved Street: 1
Main Heating
Other: mini-split X2 per un
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Ceiling Fan(s): 1
Interior Steps: No
Smoke Detector: 1
Bathroom Features
Shower & Tub/Hall: 1
Pedestal Sink(s): 1
Terms
Cash: 1
Conventional: 1
FHA Loan: 1
VA Loan: 1
Floor Covering
Ceramic Tile: 1
Submit With Offer
Digital Signatures: Yes
Income Property Addendum: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Seller Title Company: Stewart Title
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
High Speed Internet: 1
Security
None: 1
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Patio/Deck
Slab: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Pool
None: 1
Property Disclosures
Insurance Claims History Report: 1
Lead Based Paint: 1
Military Airport Vct: 1
Seller Prop Disclosure: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
To Property Line: 1
RV Parking
Space Available: 1
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Assoc Amenities
None: 1
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.235551
Geo Lon: -110.884848
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
Lead Based Paint ›Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: September - 02 - 2025
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.