1120 E Water St Tucson, AZ 85719
Mountain First Avenue NeighborhoodEstimated payment $2,692/month
Highlights
- City View
- Secondary bathroom tub or shower combo
- No HOA
- Southwestern Architecture
- Great Room
- Double Pane Windows
About This Home
Charming Updated Duplex at 1120 & 1122 E Water St, Tucson, AZ 85719 - Prime Investment or Owner-Occupied Opportunity! This well-maintained 2-unit duplex, built in 1978 and extensively remodeled, offers approximately 1,652 total square feet on a spacious 7,558 sq ft lot. Perfectly situated just about 1 mile from the University of Arizona, it's ideal for investors seeking strong rental income or buyers looking for a smart owner-occupy setup with supplemental rent from the second unit. Unit Highlights Include:
• Fresh, modern interiors with all-new cabinets, appliances, flooring, and finishes throughout.
• A/C systems for year-round comfort in the Tucson climate.
• Total of 4 bedrooms and 3 bathrooms across both units (typically configured as a 1 bed/1 bath + a 3 bed/2 bath layout) Located in a desirable central Tucson neighborhood (Mountain First Avenue area), this property benefits from excellent walkability, proximity to schools (Holaway Elementary, Amphitheater Middle & High), shopping, dining, and easy access to major routes. The R-2 zoning supports its multi-family use, and its history shows consistent appeal for both students and long-term residents. Whether you're expanding your rental portfolio or looking for an affordable way to live near campus while earning income, this duplex delivers turn-key potential with strong cash flow and pride-of-ownership updates. Don't miss this rare opportunity in a high-demand location--schedule your showing today!
Co-Listing Agent
Michael Zimmerman
Rincon Ventures, Inc.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1996
Lot Details
- 7,579 Sq Ft Lot
- Property fronts an alley
- Desert faces the front and back of the property
- Wood Fence
Home Design
- Duplex
- Southwestern Architecture
- Bungalow
- Brick or Stone Mason
- Frame Construction
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,652 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Great Room
- Combination Dining and Living Room
- City Views
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
- Secondary bathroom tub or shower combo
Parking
- 4 Parking Spaces
- Driveway
- On-Street Parking
Location
- Ground Level
Schools
- Holaway Elementary School
- Amphitheater Middle School
- Amphitheater High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- $2,721 special tax assessment
Community Details
Overview
- No Home Owners Association
- 2 Units
- The community has rules related to deed restrictions
Building Details
- Professional Management Expense $2,475
- Water Sewer Expense $1,200
- New Taxes Expense $2,721
- Operating Expense $6,396
- Gross Income $33,000
- Net Operating Income $26,604
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $2,721 | $23,215 | ||
| 2025 | $2,721 | $22,109 | ||
| 2024 | $2,463 | $21,056 | ||
| 2023 | $2,463 | $20,054 | ||
| 2022 | $2,516 | $19,099 | $0 | $0 |
| 2021 | $2,463 | $11,210 | $0 | $0 |
| 2020 | $1,584 | $11,210 | $0 | $0 |
| 2019 | $1,543 | $11,516 | $0 | $0 |
| 2018 | $1,494 | $9,684 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/17/2026 07/17/26 | For Rent | $900 | 0.0% | -- | |
| 07/01/2026 07/01/26 | Off Market | $900 | -- | -- | |
| 06/27/2026 06/27/26 | For Rent | $900 | 0.0% | -- | |
| 06/26/2026 06/26/26 | For Sale | $449,000 | +38.2% | $272 / Sq Ft | |
| 09/24/2018 09/24/18 | Sold | $325,000 | 0.0% | $197 / Sq Ft | View Prior Sale |
| 08/25/2018 08/25/18 | Pending | -- | -- | -- | |
| 07/30/2018 07/30/18 | For Sale | $325,000 | -- | $197 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Title Security Agency Llc | |
| Cash Sale Deed | $138,500 | Stewart Title & Tr Tucson In | |
| Cash Sale Deed | $139,900 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,750 | New Conventional |
Source: MLS of Southern Arizona
MLS Number: 22615965
APN: 113-09-311A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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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Ask me questions while you tour the home.