Seller's Agent in 2025
Marni Allen
Tucson Property Executives
(520) 245-8489
1 in this area
85 Total Sales
127 N 1st Ave Tucson, AZ 85719
Iron Horse Neighborhood
3
Beds
4
Baths
1,788
Sq Ft
4,850
Sq Ft Lot
Highlights
- Mountain View
- Eat-In Kitchen
- Living Room
- Covered Patio or Porch
- Bathtub with Shower
- 1-minute walk to Iron Horse Park
About This Home
As of May 2025Unique opportunity to own your own multi family home! Great income possibility, live in one and rent the others, or get income from all three. This 1921 property with railroad style floor plan, has historic charm and modern conveniences. The 1,326 sq ft duplex accommodates 2 units, a 2 bedroom 2 bath and a 1 bedroom 1 bath. 2 bedroom unit has been fully renovated and updated. 1 bedroom unit and studio has had updates, but not fully renovated, and has endless possibilities for personal touches.Home is nestled in the heart of downtown and just minutes away from the 4th Ave allure, close to restaurants and shops, and the Tucson streetcar for a quick trip to downtown entertainment. Remaining tenants are currently on month to month leases.
Last Buyer's Agent
Marsee Wilhems
Long Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,535
Year Built
- Built in 1921
Lot Details
- 4,850 Sq Ft Lot
- Lot Dimensions are 94x51x94x52
- East or West Exposure
- Wood Fence
- Block Wall Fence
- Shrub
- Landscaped with Trees
- Back Yard
Home Design
- Triplex
- Bungalow
- Shingle Roof
- Built-Up Roof
- Metal Roof
- Masonry
- Adobe
Interior Spaces
- 1,788 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Living Room
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Gas Range
- Laminate Countertops
Flooring
- Pavers
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- Bathtub with Shower
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Located Outside
- Dryer
- Washer
Parking
- 1 Parking Space
- Gravel Driveway
- On-Street Parking
Schools
- Roskruge Elementary School
- Mansfeld Middle School
- Tucson High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Rain Water Catchment
- Covered Patio or Porch
- Ground Level
Listing and Financial Details
- $130 special tax assessment
Community Details
Overview
- The community has rules related to deed restrictions
Recreation
- Park
Building Details
- Water Sewer Expense $121
- Gross Income $3,100
- Net Operating Income $2,849
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
May 2, 2025
Sold by
Denissen Murdock Trust and Denissen John
Bought by
Dm 2021 Business Trust and Dunham Trust
Seller's Agent
Marni Allen
Tucson Property Executives
Buyer's Agent
Marsee Wilhems
Long Realty
List Price
$475,000
Sold Price
$462,500
Premium/Discount to List
-$12,500
-2.63%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,108
Avg. Annual Appreciation
28.67%
Original Mortgage
$439,375
Outstanding Balance
$437,024
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$91,584
Purchase Details
Listed on
Apr 11, 2025
Closed on
Apr 28, 2025
Sold by
Denissen Murdock Trust and Dm 2021 Business Trust
Bought by
Stuart Austin and Stuart Christopher
Seller's Agent
Marni Allen
Tucson Property Executives
Buyer's Agent
Marsee Wilhems
Long Realty
List Price
$475,000
Sold Price
$462,500
Premium/Discount to List
-$12,500
-2.63%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,375
Outstanding Balance
$437,024
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$91,584
Purchase Details
Closed on
Dec 6, 2018
Sold by
Denissen John A and Murdock Steven
Bought by
Denissen John and Murdock Steven Allen
Purchase Details
Closed on
Dec 15, 2006
Sold by
Denissen John A
Bought by
Denissen John A
Purchase Details
Closed on
Apr 12, 2005
Sold by
Bolz John F and Bolz Patricia C
Bought by
Denissen John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,900
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 2002
Sold by
Gray Donald L
Bought by
Bolz John F and Bolz Patricia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
7.13%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Pima Title | |
| Warranty Deed | $462,500 | First American Title Insurance | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $187,000 | Long Title Agency | |
| Warranty Deed | $121,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $439,375 | New Conventional | |
| Previous Owner | $130,900 | Commercial | |
| Previous Owner | $90,750 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $462,500 | -2.6% | $259 / Sq Ft |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $475,000 | -- | $266 / Sq Ft |
Source: MLS of Southern Arizona
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $2,632 | $19,897 | -- | -- |
| 2024 | $2,380 | $18,950 | -- | -- |
| 2023 | $2,380 | $18,047 | -- | -- |
| 2022 | $2,394 | $17,188 | $0 | $0 |
| 2021 | $2,380 | $15,590 | $0 | $0 |
| 2020 | $2,308 | $15,590 | $0 | $0 |
| 2019 | $2,724 | $22,625 | $0 | $0 |
| 2018 | $2,664 | $16,109 | $0 | $0 |
| 2017 | $2,649 | $16,109 | $0 | $0 |
| 2016 | $2,585 | $15,342 | $0 | $0 |
| 2015 | $2,479 | $14,612 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marni Allen
-
M
Buyer's Agent in 2025
Marsee Wilhems
Long Realty
-
Bert Jones
B
Buyer's Agent in 2025
Bert Jones
eXp Realty
(520) 907-1767
1 in this area
1,321 Total Sales
-
t
Buyer's Agent in 2025
tar.rets.16298
tar.rets.RETS_OFFICE
Map
Source: MLS of Southern Arizona
MLS Number: 22510328
APN: 117-06-1280
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 2025 MLS of Southern Arizona. All Rights Reserved.
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