4741 E 1st St Tucson, AZ 85711
Swan Way Park NeighborhoodEstimated payment $2,390/month
Highlights
- RV Access or Parking
- Ranch Style House
- Granite Countertops
- Mountain View
- Great Room
- 4-minute walk to Swan Way Park
About This Home
Modern Central Tucson Duplex with Expansion Potential (R-2 + Plans Included) New-construction duplex in central Tucson offering immediate rental income and future upside. Each unit features an open-concept layout, ceramic tile throughout, modern kitchen with granite countertops, custom backsplash, stainless steel appliances, and in-unit washer/dryer. Bathrooms include clean, contemporary shower/tub combos. Located on an R-2 lot with ability to add a single-family home and ADU (plans included with the sale), providing rare flexibility for added value. Low-maintenance build with strong rental appeal near shopping, dining, and major employment. Adjacent duplex also available, rare opportunity to scale and acquire multiple units with expansion potential. With ADU-friendly regulations in place, the sale includes plans for an additional unit--creating a clear path to increase density, boost income, and enhance long-term value. Ideally located just minutes from shopping, dining, and only 10 minutes from the University of Arizona, this property is perfectly positioned for strong rental demand. Currently set up for short-term rentals, projected Airbnb income is based on comparable properties in the area, making this a compelling opportunity for investors seeking immediate cash flow. Whether you're looking to hold as a high-performing rental, expand the footprint, or reposition for a higher future return, this property checks all the boxes. A rare opportunity to acquire a centrally located asset with both current income and built-in growth potential.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024
Lot Details
- 43 Sq Ft Lot
- Chain Link Fence
Home Design
- Duplex
- Ranch Style House
- Frame With Stucco
- Frame Construction
- Shingle Roof
Interior Spaces
- Bathtub and Shower Combination in Primary Bathroom
- 1,209 Sq Ft Home
- Ceiling Fan
- Great Room
- Combination Dining and Living Room
- Ceramic Tile Flooring
- Mountain Views
- Laundry closet
Kitchen
- Electric Range
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Parking
- 2 Parking Spaces
- RV Access or Parking
Location
- Ground Level
Schools
- Howell Elementary School
- Vail Middle School
- Rincon High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Natural Gas Not Available
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $3,577 | $25,727 | -- | -- |
| 2025 | $3,577 | $7,275 | -- | -- |
| 2024 | $923 | $6,929 | -- | -- |
| 2023 | $871 | $6,599 | $0 | $0 |
| 2022 | $875 | $6,284 | $0 | $0 |
| 2021 | $870 | $5,700 | $0 | $0 |
| 2020 | $844 | $5,700 | $0 | $0 |
| 2019 | $897 | $5,850 | $0 | $0 |
| 2018 | $898 | $6,000 | $0 | $0 |
| 2017 | $987 | $6,000 | $0 | $0 |
| 2016 | $1,000 | $6,000 | $0 | $0 |
| 2015 | $1,086 | $6,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Price Changed | $388,500 | -1.5% | $321 / Sq Ft |
| 03/25/2026 03/25/26 | For Sale | $394,500 | -- | $326 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | Pioneer Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $515,000 | Commercial |
Source: MLS of Southern Arizona
MLS Number: 22607862
APN: 127-05-0820
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Ask me questions while you tour the home.