Five-Unit Residential Income
For Sale
$325,000
123 W Illinois Street, Tucson, AZ 85714
MULTI_FAMILY - Tucson, AZ
Property Size3,168 SF
Lot Size0.35 Acres
Price / SF$102.59
Days on Market49
Property Features for 123 W Illinois Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Tucson - R2
Fencing
Chain Link
Appliances
Gas Range
Subdivision
National City NO. 4
Lot features
Subdivided
Elementary school
Hollinger
Middle school
Maxwell K-8
High school
Pueblo
Elementary school district
TUSD
Middle school district
TUSD
High school district
TUSD
Directions
From Ajo & 6th Ave. Go South on 6th Ave. to Illinois Street. Turn West on Illinois. Turn South onto 7th Ave. Turn West onto Illinois St.
Standard status
Active
APN
120081750
Size
3,168 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NATIONAL CITY NO 4 LOT 4 EXC S7.5' FOR ALLEY BLK 64 & NATIONAL CITY NO 4 LOT 5 EXC S7.5' FOR ALLEY BLK 64
Legal Description
NATIONAL CITY NO 4 LOT 4 EXC S7.5' FOR ALLEY BLK 64 & NATIONAL CITY NO 4 LOT 5 EXC S7.5' FOR ALLEY BLK 64
Utilities
Heating system
Wall Furnace
Cooling system
Evaporative Cooling
Water source
Public
Building Details
Year built
1954
Number of units
4
Flooring type
Tile - Ceramic, Concrete
Building materials
Block
Roof type
Shingle
Listing Agency:
Tierra Antigua Realty
(520) 544-2335
Listed By:
Cynthia Gomez
(520) 548-4232
Added: Jun 25
Changed: Jul 24
Last Checked: Aug 12 at 5:06PM
MLS# 22615985
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Investment Insights
Based on property information with market context.
This five-unit residential income property is arranged across 2 parcels and includes one 2-bedroom, 1-bath main home, a duplex with two 1-bedroom, 1-bath units, and two detached 1-bedroom, 1-bath casitas. The property totals 5 residential units and is being sold as-is. Two units are currently rented on month-to-month leases, providing flexibility for ongoing management decisions.
Located in Tucson, AZ 85714 in Pima County, the property is zoned R2. With multiple unit types in place, the site offers an owner an all-in-one setup for operating a small rental portfolio.
For investors or buyers seeking a manageable income property with a mix of unit configurations, the existing layout provides both larger and smaller floor plans. The month-to-month occupancy on two units may allow an owner to adjust leasing and management strategy over time, while the remaining homes offer opportunities for future leasing once prepared in accordance with the new owner’s operational plan. Prospective buyers should plan for due diligence given the property’s as-is sale status.
Located in Tucson, AZ 85714 in Pima County, the property is zoned R2. With multiple unit types in place, the site offers an owner an all-in-one setup for operating a small rental portfolio.
For investors or buyers seeking a manageable income property with a mix of unit configurations, the existing layout provides both larger and smaller floor plans. The month-to-month occupancy on two units may allow an owner to adjust leasing and management strategy over time, while the remaining homes offer opportunities for future leasing once prepared in accordance with the new owner’s operational plan. Prospective buyers should plan for due diligence given the property’s as-is sale status.
Key Highlights
- 5 total residential units across 2 parcels: 1 main 2 bed/1 bath home, 1 duplex (two 1 bed/1 bath units), and 2 detached 1 bed/1 bath casitas
- Two units currently rented on month‑to‑month leases for immediate occupancy status
- Block construction with shingle roof
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 85714, AZ
14,232
Population
5,589
Households
2.5
Avg Household Size
38
Median Age
10%
College-Educated
69%
High-School Grad
5.6 sq mi
ZIP Area
2,541
Density / Sq Mi
$47,093
Median Household Income
$30,204
Median Earnings
$879
Median Rent
$177,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five rental homes across two parcels, including a duplex and three 1-bedroom casitas, sold as-is for investor use.
Where is this apartment building located?
The property is located at 123 W Illinois Street Tucson, AZ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 5 total residential units across 2 parcels: 1 main 2 bed/1 bath home, 1 duplex (two 1 bed/1 bath units), and 2 detached 1 bed/1 bath casitas; Two units currently rented on month‑to‑month leases for immediate occupancy status; Block construction with shingle roof
