1412-1414 N 1st Avenue, Tucson, AZ 85719 (MLS# 22608063)

$1,600,000

1412-1414 N 1st Avenue
Tucson, AZ 85719
MLS# 22608063
5000 sqft

1 / 13

Property 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..

Details

Maps

Address Information

Country: USA

Street #: 1412-1414

Direction: N

Street Name: 1st

Suffix: Avenue

State/Province: AZ

Zip Code: 85719

County: Pima

Location, Tax & Legal

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

Tax Code: 123-15-1110

Area: Central

Contract Information

Method of Title: Fee (Simple)

Short Sale: No

Current Price: $1,600,000

List Price: $1,600,000

Listing Date: 2026-02-26

Status: Active

General Property Information

Property Sub-Type: Other

Construction Status: Existing

Lot Dimensions: 81 x 100.4

Lot Acres: 0.19

Lot Sqft: 8146

Lot Size Source: Assessor

Source of SqFt: Assessor

List Price/SqFt: 320

Lot Size Price/SqFt: 196.42

Year Built: 1948

Combined SqFt: 5000

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.

Electric

Electric Company: TEP

Construction

Brick: 1

Sewer

Connected: 1

Unit Information

Other: Group Housing

Apartment Unit Information

# of Units/Other: 17

Property Features

Fire Sprinklers: 1

Main Cooling

Zoned: 1

Main Heating

Electric: 1

Zoned: 1

Remarks Misc

Geo Lat: 32.239925

Geo Lon: -110.960786

Income

Gross Scheduled Rent: 158100

Property Features

Property Features: Fire Sprinklers

Construction: Brick

Main Cooling: Zoned

Main Heating: Electric; Zoned

Sewer: Connected

Supplements

Originally constructed in 1948 and substantially rebuilt in 2012, the property includes updated electrical, plumbing, mechanical systems, and interior finishes. Additional improvements completed in 2019 include a renovated kitchen with a large island, updated flooring, outdoor common areas, and a pool.

The layout includes multiple common areas and shared amenities designed to accommodate large-group living and full-building occupancy.

Due to zoning and location, opportunities to acquire group housing of this scale in close proximity to the University of Arizona are limited.

Also marketed under a separate MLS listing (MLS #22604054).

Listing Office: ABI Multifamily, LLC

Last Updated: March – 27 – 2026

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