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$ 1,600,000
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Active
1412-1414 N 1st Avenue Tucson, AZ 85719
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $320
MLS Listing ID 22604054
Year Built 1948
Annual Tax Amount $6,296
Tax Year 2025
Lot Size 8,146 Sqft
Acres 0.19
Property Sub-Type Apartment
Property Description
Steel Village is a 17-bed, 9-bath shared student housing property located in Central Tucson within the University Homes Addition, approximately one mile from the University of Arizona. The property is operated under a master lease with an in-place lease through July 2027, providing near-term income stability.Originally constructed in 1948, the property was substantially rebuilt and repurposed in 2012 with new electrical, plumbing, and interior systems. In 2019, the owner completed significant capital improvements, including interior upgrades and enhanced outdoor common areas with a cocktail pool and gathering spaces. On-site laundry included.Ideal for an investor seeking simplified operations and predictable income.
Location
State AZ
County Pima
Area Central
Zoning Tucson - C1
Interior
Heating Electric, Zoned
Cooling Zoned
Exterior
Garage Spaces 8.0
Building
Sewer Connected
Copyright 2026 MLS of Southern Arizona
Listed by ABI Multifamily, LLC
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