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$690,500
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Property Description
Affordable Living in the Heart of South Tucson! Discover a rare investment opportunity in a vibrant, well-connected community. This multi-unit property offers a mix of housing options, perfect for generating steady rental income: 5 spacious apartments, 1 cozy studio unit & 8 well-maintained mobile homes. Highlights & Location Benefits: "¢ Prime South Tucson location near shopping, dining, schools, and public transportation "¢ Quick access to I-10 and downtown Tucson "¢ Established neighborhood with a strong sense of community "¢ On-site parking and green space Ideal for investors or owner-operators looking for a property with multiple income streams in a high-demand rental market. Increased Income Potential
Full Property Details
Full Property Details for 4040 S 5th Ave
General
- Sold For: $690,500
- Taxes: $2,187 (2023)
- Status: Closed
- Type: Commercial
- Source: MLSSAZ
- MLS ID: 22524788
Additional Information
- Security/Safety: None
Parking
- Total Spaces: 14
- Parking Type: Private Parking
Location
- Area: South
- County: Pima
- Driving Directions: Ajo to 6th South to 5th, East to corner of Palmdale & 5th
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Evaporative Cooling, Wall Unit(s), Window Unit(s)
- Heating Type: Heat Pump, Natural Gas
Utilities
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 14
- Construction Status: Existing
- Construction: Frame - Stucco
- Roof: Rolled
- Square Feet: 1,404
- Sq. Ft. Source: Assessor
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 21,039
- Lot Size Source: Assessor
- Lot Dimensions: 166' x 126' x 167' x 126'
- Street/Road Desc.: Paved
- Fence: Yes
- Lot Features: North/South Exposure, Corner Lot
- Zoning: Tucson - R3
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $2,187
- Tax Year: 2023
- Terms: Conventional, Cash
Disclosures and Reports
- Ownership: Fee (Simple)
- Special Conditions: None
- Legal Description: From Parcel:001010010 /Amended Government Heights No 2 Lots 6 7 & 8 Blk 15
- Disclosures/Reports: Public Airport Vcty, Lead Based Paint
- APN: 120-06-1990
Listed by Realty Executives Arizona Territory
Sold by Keller Williams Southern Arizona
Get Pre-Approved Today
Schools
Schools serving 4040 S 5th Ave
School District:Tucson Unified District
| Name | Grades | Distance |
|---|---|---|
Van Buskirk Elementary School 725 East Fair Street, Tucson, AZ 85714 | PK-5 | 0.5 mi |
Miles-Exploratory Learning Center 1400 East Broadway Boulevard, Tucson, AZ 85719 | PK-8 | 3.3 mi |
Pueblo High Magnet School 3500 South 12th Avenue, Tucson, AZ 85713 | 9-12 | 0.8 mi |
Utterback Middle School 3233 South Pinal Vista, Tucson, AZ 85713 | 6-8 | 2 mi |
Catalina Online Learning Experience 3645 East Pima Street, Tucson, AZ 85716 | 6-12 | 5.6 mi |
University High School 421 North Arcadia Avenue, Tucson, AZ 85711 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
4040 S 5th Avenue, Tucson, AZ 85714 (MLS# 22524788) is a Commercial property that was sold at $690,500 on January 09, 2026. Want to learn more about 4040 S 5th Avenue? Do you have questions about finding other Commercial real estate for sale in South? You can browse all South real estate or contact a Coldwell Banker agent to request more information.

