$450,000

472 W Walnut St Nogales, AZ 85621

Estimated payment $2,811/month

Total Views 1,683
-- Bed
-- Bath
5,369 Sq Ft
$84 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Secondary bathroom tub or shower combo
  • Territorial Architecture
  • Wood Flooring
  • No HOA
  • Covered Patio or Porch

About This Home

Discover a rare investment opportunity in downtown Nogales, AZ, with this charming 1915 two-story brick territorial four-plex located on historic Walnut Street. Its prime location places it within walking distance of all amenities in both Nogales, AZ, and Nogales, Sonora. The building comprises of 3 spacious 2bd/1 bathroom units, each measuring 1,106 sq. ft., and a 1,526 sq. ft. 3bd/ 1 bathroom unit. Each unit has its own fireplace and washer/dryer room. The ground-level units share a welcoming porch and a front yard, securely enclosed by a fence. The lot in back has ample space for more units/income! Each unit is separately metered for electricity and gas. Current tenants are month to month. Listing agent is related to seller

Listing Agent

Elise Teyechea

United Real Estate Specialists Listed on: 10/15/2025

United Real Estate Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 45 Sq Ft Lot
  • Lot Dimensions are 54x206x50x185
  • Desert faces the back of the property
  • East or West Exposure
  • Chain Link Fence
  • Landscaped with Trees

Home Design

  • Territorial Architecture
  • Quadruplex
  • Brick or Stone Mason
  • Rolled or Hot Mop Roof

Interior Spaces

  • 5,369 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Combination Dining and Living Room
  • Breakfast Room
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Dual Sinks
  • Secondary bathroom tub or shower combo

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Parking Pad
  • On-Street Parking

Schools

  • Aj Mitchell Elementary School
  • Wade Carpenter Middle School
  • Nogales High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Radiant Heating System
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessible Hallway
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • $1,145 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,114
  • Maintenance Expense $950
  • Manager Expense $1,200
  • Professional Management Expense $2,610
  • Water Sewer Expense $3,888
  • New Taxes Expense $1,145
  • Operating Expense $10,907
  • Gross Income $25,200
  • Net Operating Income $14,293

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Unit Info Average Monthly Rent Two Bedroom: 550.0
  • Unit Info Average Monthly Rent Three Bedroom: 550.0
  • Horses: No
  • Lot Size: 54x206x50x185
  • Road Surface Type: Paved, Chip And Seal
  • CapRate: 3.18
  • Professional Management Expense: 2610.0
  • Supplies Expense: 950.0
  • Co List Office Mls Id: 5947
  • Subdivision Name: Downtown
  • General Property Information: List Price/SqFt: 83.81
  • General Property Information: Lot Size Price/SqFt: 45.0
  • Special Features: None

Interior Features

  • Interior Amenities: Vaulted Ceiling(s), Energy Star Windows
  • Interior Steps: No
  • Appliances: Double Sink, Gas Range, Refrigerator

Exterior Features

  • ExteriorFeatures: None
  • Roof: Rolled
  • View: Residential
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Patio

Utilities

  • Electric Electric Company: UniSource Energy Ser
  • Utilities: Sewer Connected
  • Laundry Features: Laundry Room
  • Cooling: Ceiling Fan(s), Evaporative Cooling, Wall Unit(s), Window Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Expenses Figures Presented: Actual
  • Expenses Maintenance Supplies: 950.0
  • Expenses Resident Manager: 1200.0
  • Expenses Taxes Assessments: 1145.0
  • Annual Water Sewer Expense: 3888.0

Schools

  • Junior High Dist: Nogales Unified School District #1
  • Middle Or Junior School: Wade Carpenter

Lot Info

  • Lot Features: East/West Exposure
  • Lot Size Sq Ft: 45.0
  • Zoning: Nogales - MFR4

Building Info

  • Year Built: 1915

Rental Info

  • Utilities Paid Landscaping: Tenant
  • Utilities Paid Trash: Owner

Tax Info

  • Tax Year: 2024
  • New Taxes Expense: 1145.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 25200.0
  • Insurance Expense: 1114.0
  • Resident Manager Expense: 1200.0
  • Property Net Operating Income: 14293.0
  • Annual Operating Expense: 10907.0

MLS Schools

  • Elementary School: AJ Mitchell
  • High School: Nogales

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $450,000 -- $84 / Sq Ft
Source: MLS of Southern Arizona

Source: MLS of Southern Arizona

MLS Number: 22526712

MLS of Southern Arizona
Arizona Santa Cruz County Nogales 85621

472 W Walnut St, Nogales, AZ

For Sale

MultiFamily

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.

MLS of Southern Arizona 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.

Nearby Homes
Listing Agent
Elise Teyechea
Section Image
United Real Estate Specialists
(520) 389-6848