1150 N Magnolia Avenue, Tucson, AZ 85712 (MLS# 22608030)

1150 N Magnolia Avenue, Tucson, AZ 85712

$407,500
Property Type: Multi-Family Square Footage: 1,792 Lot Size (sq. ft.): 52 Status: Active
Current Price: $407,500 List Date: 3/27/2026 Last Modified: 4/16/2026

Overview

Description

Rare corner lot with mountain views and incredible income potential! This property features two separate structures: a 2-bedroom main house and a rear duplex with mirrored units. The main house is fully fenced with a large front yard, covered porch, and side patio. Inside, enjoy a bright living/dining room with laminate flooring and recessed lighting. The galley kitchen features a stainless fridge and gas range, while sizable bedrooms offer great natural light. The secluded backyard with a covered patio is perfect for entertaining. The duplex units each feature Saltillo tile floors, a full kitchen, a living/dining area, and a bedroom with closet and bathroom. Live in the main house and rent the duplex -- a perfect house-hacking setup. Don't miss this versatile investment opportunity!

Listing Details MLS# 22608030

Address Information

Street #
1150
Direction
N
Street Name
Magnolia
Suffix
Avenue
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
121-12-0460
Area
Central
Subdivision
Avondale
Tax Year
2025
Taxes
2157.73
Taxes For
Dwelling & Land
Legal Description
From Parcel:001010010 /Avondale N65' S75' Of Lot 6 Blk 3
Township
14
Community
None
Range
14
Section
2
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Dwelling Type
Triplex
Attached/Detached
Detached
Construction Status
Existing
Lot Dimensions
Irregular
Lot Acres
0.17
Lot Sqft
7797
Lot Size Source
Assessor
Combined SqFt
1792
Year Built
1953
Total Parking
6
School District
TUSD
Elementary School
Whitmore
Middle School
Doolen
High School
Catalina
Horse Property
No
Horse Facilities
No
List Price/SqFt
227.4
Lot Size Price/SqFt
52.26

Property Features

Construction: Frame - Stucco Style: Bungalow; Contemporary Roof: Shingle Living Areas: Great Room Dining Areas: Breakfast Nook Dining Room: Area Breakfast: Nook Kitchen Features: Gas Range; Disposal; Refrigerator Bathroom Features: Shower & Tub/Hall; Shower Only/Primary Laundry: Outside; Dryer Included; Washer Included Extra Room: None Interior Features: Ceiling Fan(s) Floor Covering: Carpet; Ceramic Tile; Mexican Tile Window Covering: Stay Technology: Cable TV; High Speed Internet; Telephone Main Cooling: Central Air; Evaporative Cooling; Wall Unit(s) Main Heating: Floor Furnace Water Heater: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: Window Bars Pool: None Spa: None Fence: Wood Landscape - Front: Low Care Landscape - Rear: Low Care View: Mountain(s) Road Type: Paved RV Parking: Space Available Exterior Feature: None Lot Features: Adjacent to Alley; East/West Exposure Neighborhood Features: Sidewalks; Street Lights Assoc Amenities: None Terms: Cash; Conventional; FHA Loan Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Lead Based Paint Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Distressed Info
None

More Information

Showing Information

Directions
Craycroft/Speedway - West to Magnolia, north to address.

Unit Info

# of Units/1 BR
2
Avg Mo Rent/1 BR
895
# of Units/2 BR
Yes
Avg Mo Rent/2 BR
1350

Unit 1 Information

Monthly Rent
1350
# Beds
2
# Full Baths
Yes
SqFt
792
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 2 Information

Monthly Rent
895
# Beds
Yes
# Full Baths
Yes
SqFt
500
Occupancy
Yes
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Unit 3 Information

Monthly Rent
895
# Beds
Yes
# Full Baths
Yes
SqFt
500
Occupancy
No
Stories
Single
Floor
1st
Furnished
No
Parking
On Property

Analysis

Cap Rate %
7.33
Gross Rent Multi
11.63
Vacancy Rate %
5.31
Exp/SqFt
2.93
Exp % of Gross
14.73

Income

Gross Scheduled Rent
37680
Vacancy Loss
2000
Adjusted Gross
35680
Total Expenses
5257
Net Opp Income
30423
Other Income
0

Expenses

Insurance
1400
Maintenance Supplies
500
Taxes/Assessments
2157
Water/Sewer
1200
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Management
0
Resident Manager
0
Other Expenses
0

Kitchen Features

Appliance Color
White
Countertops
Formica
Oven
Yes
Gas Range
Yes
Disposal
Yes
Refrigerator
Yes

Interior Features

Interior Steps
No
Ceiling Fan(s)
Yes

Electric

Electric Company
TEP

Utilities Paid

Cable TV
Owner
Electric
Tenant
Gas
Tenant
Insurance
Owner
Landscaping
Tenant
Sewer
Owner
Taxes
Owner
Trash
Tenant
Water
Owner

Driveway

Paved
Gravel

Subdivision Restrict

Age Restrictions
No
Deed Restrictions
Yes
CC&Rs
Yes

Home Protection

Offered
No

Gas

Natural
Yes

Construction

Frame - Stucco
Yes

Style

Bungalow
Yes
Contemporary
Yes

Sewer

Connected
Yes

Roof

Shingle
Yes

Water

Public
Yes

Living Areas

Great Room
Yes

Dining Areas

Breakfast Nook
Yes

Fence

Wood
Yes

Dining Room

Area
Yes

View

Mountain(s)
Yes

Breakfast

Nook
Yes

Road Type

Paved
Yes

Road Maintenance

City
Yes

Lot Features

Adjacent to Alley
Yes
East/West Exposure
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes
Wall Unit(s)
Yes

Laundry

Outside
Yes
Dryer Included
Yes
Washer Included
Yes

Neighborhood Features

Sidewalks
Yes
Street Lights
Yes

Main Heating

Floor Furnace
Yes

Extra Room

None
Yes

Water Heater

Natural Gas
Yes

Association & Fees

HOA
No

Bathroom Features

Shower & Tub/Hall
Yes
Shower Only/Primary
Yes

Terms

Cash
Yes
Conventional
Yes
FHA Loan
Yes

Floor Covering

Carpet
Yes
Ceramic Tile
Yes
Mexican Tile
Yes

Submit With Offer

Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Window Covering

Stay
Yes

Accessibility Option

None
Yes

Technology

Cable TV
Yes
High Speed Internet
Yes
Telephone
Yes

Security

Window Bars
Yes

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Patio/Deck

Covered
Yes
Patio
Yes

Pool

None
Yes

Property Disclosures

Lead Based Paint
Yes

Spa

None
Yes

Special Conditions

None
Yes

RV Parking

Space Available
Yes

Exterior Feature

None
Yes

Assoc Amenities

None
Yes
Listing Office: Realty Executives Arizona Territory
IDX
Last Updated: April - 16 - 2026
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 the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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