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1120 E Water Street

Tucson, AZ 85719
  • $449,000
  • STATUS: Active
  • ID#: 22615965
UPDATED: 54 min ago
$449,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,652
    SQFT
  • $272
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1996
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Courtesy of Rincon Ventures, Inc..

Description

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!

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2026-07-17T22:06:55.147.
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 Tucson Property Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.tucsonproperty.com/homes/178178709
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1120 E Water Street Tucson, AZ 85719

  • Price: $449,000
  • Status: Active
  • On Site: Days
  • Updated: 54 min ago
  • ID#: 22615965
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1,652
SQFT
$272
$/SQFT
1996
Built
Neighborhood:
N/A
County:
Pima
Area:
Central
Elementary School:
Holaway
Middle School:
Amphitheater
High School:
Amphitheater
School District:
Amphitheater
Property Description
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!
Exterior Features

Architectural Style BungalowSouthwestern Construction Materials BrickConcrete BlockFrame - Stucco Exterior Features None Fencing Wood Lot Features Adjacent to AlleyDecorative Gravel Other Structures [] Parking Features [] Parking Total 4 Patio And Porch Features None Pool Features None Roof Shingle Spa Features None Structure Type [] View City Window Features Double Pane Windows

Interior Features

Accessibility Features None Appliances Electric RangeDishwasherRefrigerator Cooling Central AirZoned Cooling YN Yes Flooring CarpetCeramic Tile Heating Forced AirNatural Gas Heating YN Yes Interior Features [] Laundry Features Laundry Room Unit1 Furnished No Unit1 Stories Single Unit2 Furnished No Unit2 Stories Single

Property Features

Association Amenities [] Association Fee2 0 Association YN No Community Features None Contract Information Method Of Title Fee (Simple) Distressed Info None Electric [] Fema Flood Zone2 TBD Gross Income 33000 Gross Scheduled Income 33000 Horse YN No Insurance Expense 0 Listing Terms ConventionalCash Manager Expense 0 Municipal Flood Zone TBD Natural Gas YN Yes Net Operating Income 26604 New Taxes Expense 2721 Operating Expense 6396 Other Equipment [] Other Expense 0 Professional Management Expense 2475 Property Sub Type Duplex Road Responsibility City Road Surface Type Paved Security Features None Sewer [] Special Listing Conditions None Subdivision Restrict Age Restrictions3 No Subdivision Restrict Deed Restrictions4 Yes Supplies Expense 0 Tax Year 2025 Township 13 Utilities Sewer Connected Water Sewer Expense 1200 Water Source [] Zoning Tucson - R2

Listing provided by Shaun Mcclusky of Rincon Ventures, Inc.: 520-881-2258. Listing information © 2026 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2026-07-17T22:06:55.147.
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 Tucson Property Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Tucson Property Executives
180 W Magee Rd #110
Tucson AZ, 85704
Courtesy of Rincon Ventures, Inc..