534 N Ash Avenue, Tucson, AZ 85705
$550,000
Property Type:
Multi-Family
Square Footage:
1,728
Lot Size (sq. ft.):
83
Status:
Active
Current Price:
$550,000
List Date:
12/16/2025
Last Modified:
3/13/2026
Description
Located in the heart of downtown, this high-demand four-plex enjoys unbeatable proximity to Fourth Avenue, the modern streetcar, The University of Arizona, Pima College Helen St Annex, The Downtown Entertainment District, and everything else Downtown Tucson has to offer.
The property features four historic railroad-style apartments, each with off-street parking and private yards enclosed by artistic steel fencing. With wood floors throughout, a brand-new roof, fresh exterior paint, and minimal landscaping needs, this investment offers strong cash flow with low operating cost.
More Information MLS# 22531842
Address Information
Country: USA
Street #: 534
Direction: N
Street Name: Ash
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2025
Taxes: 3173.47
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Tucson W100' Lot 4 Blk 57
Township: 14
Community: None
Range: 13
Section: 12
Municipality/Zoning: Tucson - C3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 117-04-2040
Area: Central
Subdivision: Tucson
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $550,000
List Price: $550,000
Listing Date: 2025-12-16
Status: Active
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: Existing
Lot Dimensions: 98' x 65' x 98' x 65'
Lot Acres: 0.15
Total Parking: 6
Lot Sqft: 6621
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Davis Bilingual Magnet
Middle School: Mansfeld
High School: Tucson
Horse Facilities: No
List Price/SqFt: 318.29
Lot Size Price/SqFt: 83.07
Combined SqFt: 1728
Year Built: 1915
Showing Information
Directions: Stone and 6th, North to 5th St, West to Ash Ave, S to address.
Unit Info
# of Units/1 BR: 4
Avg Mo Rent/1 BR: 693.75
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 800
# Beds: 1
# Full Baths: 1
SqFt: 425
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 33300
Total Expenses: 11920
Gross Scheduled Rent: 33300
Net Opp Income: 21380
Gas
Natural: 1
Unit 2 Information
Monthly Rent: 675
# Beds: 1
# Full Baths: 1
SqFt: 407
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 17.27
Vacancy Rate %: 0
Exp/SqFt: 6.9
Exp % of Gross: 35.8
Cap Rate %: 3.72
Construction
Brick: 1
Wood Frame: 1
Unit 3 Information
Monthly Rent: 650
# Beds: 1
# Full Baths: 1
SqFt: 407
Occupancy: Yes
Stories: Single
Furnished: No
Parking: On Property
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 0
Insurance: 2023
Maintenance Supplies: 1000
Management: 4524
Resident Manager: 0
Taxes/Assessments: 3173
Water/Sewer: 1200
Other Expenses: 0
Style
Bungalow: 1
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 650
# Beds: 1
# Full Baths: 1
SqFt: 425
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Roof
Shingle: 1
Water
Water Company: Tucson Water
Living Areas
None: 1
Dining Areas
Eat-In Kitchen: 1
Fence
Wrought Iron: 1
Dining Room
None: 1
View
City: 1
Breakfast
Eat-In: 1
Road Type
Paved: 1
Kitchen Features
Gas Range: 1
Pantry: Cabinet
Appliance Color: White
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
East/West Exposure: 1
Main Cooling
Dual: 1
Laundry
None: 1
Neighborhood Features
Historic: 1
Paved Street: 1
Sidewalks: 1
Street Lights: 1
Main Heating
Baseboard: 1
Wall Furnace: 1
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
Pedestal Sink(s): 1
Terms
Cash: 1
Conventional: 1
Submit: 1
Floor Covering
Ceramic Tile: 1
Wood: 1
Submit With Offer
Digital Signatures: Yes
Earnest Check: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Window Covering
Some: 1
Accessibility Option
None: 1
Window Features
Double Pane Windows: 1
Technology
Cable TV: 1
Telephone: 1
Security
None: 1
Landscape - Front
Flower Beds: 1
Shrubs: 1
Trees: 1
Landscape - Rear
Graded: 1
Patio/Deck
None: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
Insurance Claims History Report: 1
Lead Based Paint: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
Car(s) Pad: 1
RV Parking
Other: None
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: Yes
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.228617
Geo Lon: -110.972316
Property Features
Construction: Brick; Wood Frame
Style: Bungalow
Roof: Shingle
Living Areas: None
Dining Areas: Eat-In Kitchen
Dining Room: None
Breakfast: Eat-In
Kitchen Features: Gas Range; Refrigerator
Bathroom Features: Pedestal Sink(s)
Laundry: None
Extra Room: None
Interior Features: Ceiling Fan(s); Smoke Detector
Floor Covering: Ceramic Tile; Wood
Window Covering: Some
Window Features: Double Pane Windows
Technology: Cable TV; Telephone
Main Cooling: Dual
Main Heating: Baseboard; Wall Furnace
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wrought Iron
Landscape - Front: Flower Beds; Shrubs; Trees
Landscape - Rear: Graded
Road Type: Paved
Driveway: Car(s) Pad
Exterior Feature: None
Lot Features: East/West Exposure
Neighborhood Features: Historic; Paved Street; Sidewalks; Street Lights
Terms: Cash; Conventional; Submit
Submit With Offer: Earnest Check; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Lead Based Paint; Insurance Claims History Report
Special Conditions: None
Documents
Lead Paint Discl ›Listing Office: Tierra Antigua Realty
Last Updated: March - 13 - 2026
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