tomo logo

$625,000

Beds
5
Baths
3.5
sq ft
2,631

912 North 4th Avenue, Tucson, AZ 85705

912 North 4th Avenue

Tucson, AZ 85705

  • 17 days on market
Historic fourplex with development potential in West University. A rare investment opportunity in Tucson's West University Historic District, this charming fourplex at 912 N. 4th Avenue offers both steady rental income and significant future potential. Situated on a nearly 10,000 square foot R-3 lot, the property includes two character-filled duplexes with ample space for additional development--a unique find in this central, highly walkable and bike-friendly location. The front house, faces Catalina Park and was built in 1924. The property off of Hoff was built in 1903 during the territorial era in Tucson. West University, Arizona's largest historic district, was Tucson's first northern suburb, established in the 1890s alongside the Southern Pacific Railroad. Recognized on the National Register of Historic Places, the neighborhood blends rich architectural history with an unbeatable urban lifestyle. Positioned just two blocks from the vibrant 4th Avenue Historic District, this property is within walking distance of unique shops, locally owned restaurants, and entertainment. It is just eight blocks from the University of Arizona and sits directly across from Catalina Park, with easy access to the streetcaran ideal location for students, professionals, and long-term tenants. With a strong rental history and historically full occupancy, this property has been a consistent income generator. The undeveloped portion of the lot presents incredible possibilitieswhether for an additional unit, an accessory dwelling, or expanded outdoor spaces. Whether you're seeking exceptional coffee, a lively cultural scene, or seamless access to both campus and city life, this neighborhood offers the perfect mix of vibrancy and charm. This is a rare opportunity to own a piece of Tucson's history while capitalizing on its growth and investment potential. Don't miss out on this unique and exceptional find!

Details

Property type

Single Family Residence

Est. home value

$562,592

Lot size

0.23 acres

Price per sq ft

$238

Year built

1903

Annual property taxes

$4,121

Price History

03/14/2025
MLSSAZ

MLSSAZ #22507400

Listed
$625,000
+87.69%
05/01/2018
MLSSAZ

MLSSAZ #21803388

Sold
$333,000
+33.2%
09/28/2004
MLSSAZ

MLSSAZ #2421110

Sold
$250,000
+244.83%

Schools & Community

Neighborhood: 

West University

Elementary school: 

Roskruge

Middle school: 

Mansfeld

High school: 

Tucson

School district: 

TUSD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$342,883
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$232,117
Cash to seller
$342,883

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

April 2018

Original loan amount

$266,400

Est. remaining balance

$232,117

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Christopher Domin and Tin Tin D Chen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 3:05 AM

Listing updated: 03/24/2025 at 3:06 PM

Listed by: Darci Hazelbaker, Tierra Antigua Realty Phone #: (520) 428-3338

MLS: MLSSAZ #22507400

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