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Brick Quadplex with Four Units
For Sale
$450,000

472 W Walnut Street, Nogales, AZ 85621

Residential Income, Territorial, Nogales, AZ

Property Size5,369 SF
Lot Size0.23 Acres
Price / SF$83.81
Days on Market353

Property Features for 472 W Walnut Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Nogales - MFR4
Parking 6
Window features ENERGY STAR Qualified WIndows
Patio and Porch features Patio
Interior features Vaulted Ceiling(s)
Fencing Chain Link
Appliances Double Sink, Gas Range, Refrigerator
Subdivision Downtown
Lot features East/ West Exposure
Middle school Wade Carpenter
High school Nogales
Elementary school district Nogales Unified School District #1
Middle school district Nogales Unified School District #1
High school district Nogales Unified School District #1
Directions South on I-19 to exit 1B Western, Left on Target Range Road, Right to Macnab Dr., Left to Walnut, Property on Left.
Standard status Active
APN 101-42-033
Size 5,369 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Sub Herold Lot 5 Blk 1
Legal Description Sub Herold Lot 5 Blk 1

Utilities

Heating system Forced Air, Electric (Heating), Radiant
Cooling system Wall Unit(s), Ceiling Fan(s), Evaporative Cooling, Window Unit(s)

Amenities

fireplace
washer/dryer room
porch
front yard
fenced yard

Building Details

Year built 1915
Number of units 4
Flooring type Vinyl, Tile - Ceramic, Carpet, Wood
Building materials Brick
Roof type Rolled Hot Mop
Architectural style Other
Listing Agency: United Real Estate Specialists
Listed By: Elise Danielle Teyechea
Added: Oct 15, 2025 Changed: Sep 14 Last Checked: Oct 2 at 6:06AM
MLS# 22526712

Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1915, this two-story brick quadplex contains 5,369 square feet on a 0.23-acre lot. The unit mix includes three 2-bedroom, 1-bath residences measuring 1,106 square feet each, plus one 3-bedroom, 1-bath residence with 1,526 square feet. Every unit includes a fireplace and a dedicated washer and dryer room.

The ground-floor residences open to a shared porch and enclosed front yard, while the property also includes a rear lot area. Electricity and gas are separately metered for each unit. Interior features include vaulted ceilings, ceramic tile, carpet, wood and vinyl flooring, along with gas ranges and refrigerators. Current occupants are on month-to-month tenancies.

Located in downtown Nogales on West Walnut Street, the property is within walking distance of amenities in Nogales, Arizona, and Nogales, Sonora. Zoning is Nogales - MFR4.

Key Highlights

  • Four‑unit brick property built in 1915
  • Three 2‑bedroom, 1‑bath units at 1,106 square feet each
  • One 3‑bedroom, 1‑bath unit measuring 1,526 square feet

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby

Demographics for 85621, AZ

21,730
Population
8,244
Households
2.6
Avg Household Size
38
Median Age
19%
College-Educated
69%
High-School Grad
284.9 sq mi
ZIP Area
76
Density / Sq Mi
$41,309
Median Household Income
$31,270
Median Earnings
$700
Median Rent
$173,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-story residential income property with fireplaces, washer and dryer rooms, and individually metered utilities.
Where is this quadplex located?
The property is located at 472 W Walnut Street Nogales, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit brick property built in 1915; Three 2‑bedroom, 1‑bath units at 1,106 square feet each; One 3‑bedroom, 1‑bath unit measuring 1,526 square feet
More about this property
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