1412-1414 N 1st Avenue, Tucson, AZ 85719
New Listing
$1,600,000
Property Type:
Commercial
Square Footage:
5,000
Lot Size (sq. ft.):
196
Status:
Active
Current Price:
$1,600,000
List Date:
3/27/2026
Last Modified:
3/27/2026
Overview
Description
Steel Village is a 17-bedroom/9 bathroom group housing property located approximately one mile from the University of Arizona, specifically suited for fraternity, student organization, or other large-group living use. The property has historically operated as full-building housing for organized student groups and is configured to support that use.
The property is currently leased at $13,175/month under a full-building lease through July 2027, providing near-term income stability..
Supplements: ... (Read more)
Listing Details MLS# 22608063
Address Information
- Street #
- 1412-1414
- Direction
- N
- Street Name
- 1st
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 123-15-1110
- Area
- Central
- Tax Year
- 2025
- Taxes
- 6296.41
- Legal Description
- From Parcel:001010010 /University Homes Lot 10 & N81.35' Lot 9 Blk 10
- Municipality/Zoning
- Tucson - C1
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Other
- Construction Status
- Existing
- Year Built
- 1948
- Lot Dimensions
- 81 x 100.4
- Lot Acres
- 0.19
- Lot Sqft
- 8146
- Lot Size Source
- Assessor
- Combined SqFt
- 5000
- Source of SqFt
- Assessor
- List Price/SqFt
- 320
- Lot Size Price/SqFt
- 196.42
Property Features
Property Features:
Fire Sprinklers
Construction:
Brick
Main Cooling:
Zoned
Main Heating:
Electric; Zoned
Sewer:
Connected
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
More Information
Showing Information
- Directions
- From Speedway and Euclid. North on Euclid. West (L)onto Drachman. North (R) onto 1st, to second property on East (R) side of street.
Income
- Gross Scheduled Rent
- 158100
Unit Information
- Other
- Group Housing
Apartment Unit Information
- # of Units/Other
- 17
Electric
- Electric Company
- TEP
Construction
- Brick
- Yes
Sewer
- Connected
- Yes
Property Features
- Fire Sprinklers
- Yes
Main Cooling
- Zoned
- Yes
Main Heating
- Electric
- Yes
- Zoned
- Yes
Listing Office:
ABI Multifamily, LLC
Last Updated: March - 27 - 2026
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