5 months on rocket

531 S Main Ave, Tucson, AZ, 85701

$595,000

Home List Price

$7,066*

Closing Credit

0 Baths
1,712 SqFt
$348/SqFt
Multi

Location

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531 S Main Ave, Tucson$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1920
HeatingElectric, Natural Gas, Zoned
CoolingCentral Air, Zoned
ViewNone
MLS #22411446
Lot Size0.76 Acres
StatusActive

About 531 S Main Ave

Two detached homes on One lot in downtown historic neighborhood. There is a shared backyard and parking is on-street.Home #531. 1075 sqft Zoned AC/Heat, 2 flex-use rooms, washer hookup in the laundry room, secluded patio, covered front porch, recently painted exterior, updated sewer and water lines. Currently leased at $1295/mo until 2/28/25. Home #529, 637 sqft, Central AC/forced air heat, washer hookup on covered back porch, recently painted exterior, updated sewer and water lines, on-street parking. Currently leased at $995/mo until 3/31/2025 Both homes offer different amenities and rental rates providing varied investment strategies. If you are interested in viewing the properties, showings can be scheduled upon accepted offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo
  • Year Built: 1920
  • Living Area: 1,712 SqFt

Listing Office:

  • Office Name: Northpoint Asset Management
  • Office Phone: (520) 300-5127

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Interior: Ceiling Fan(s), Smoke Detector

Exterior Features

Exterior Information:

  • View: None
  • Exterior: None

Lot Features

Lot Information:

  • Lot: East/West Exposure
  • Lot Size: 0.76 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Tusd - Distance Learning Program, Public District Grades 6-12
  • Tucson Magnet High School, Public Magnet Grades 9-12
  • University High School, Public District Grades 9-12
  • Safford Engineering/Technology Magnet Middle School, Public Magnet Grades KG-8
  • Carrillo Intermediate Magnet School, Public Magnet Grades PK-5
  • Drachman Primary Magnet School, Public Magnet Grades PK-6

Other

Directions Information:

  • Directions: From Broadway/Stone go South to Cushing West to Main Ave South to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $348/SqFt

Tax Information:

  • Annual Amount: $1,706
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Tucson, AZ.

Med. List Price

$385.3K

Med. Price/SqFt

$231

Avg. Days On Market

68

# of Sold Homes

7

531 S Main Ave vs Tucson

176 DAYS ON ROCKET

+108 Days

$595,000

+$209.6K More

$348/SqFt

+$116 More

KEY TAKEAWAY

This property is $209.6K more than the Median List Price and $116/SqFt more than other homes in Tucson, AZ.

Based on homes listed in September 2024

MLS Details

MLS Information:

  • MLS Number: #22411446

Listing Office:

  • Office Name: Northpoint Asset Management
  • Office Phone: (520) 300-5127

IDXThe data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than this broker are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,706$11,526
2020$1,706$11,526
2019$1,646$15,022
2017$1,638$9,957

History based on county public records data.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-812358
7
/10
  • Carrillo Intermediate Magnet School

  • 440 S Main Ave

  • 0.06 miles

  • Public Magnet Grades PK-5

school-card-donut-812359
5
/10
  • Drachman Primary Magnet School

  • 1085 S 10th Ave

  • 0.42 miles

  • Public Magnet Grades PK-6

Middle School

school-card-donut-812360
1
/10
  • Safford Engineering/Technology Magnet Middle School

  • 200 E 13th St

  • 0.51 miles

  • Public Magnet Grades KG-8

High School

school-card-donut-812361
4
/10
  • Tusd - Distance Learning Program

  • 440 S Park Ave

  • 1.02 miles

  • Public District Grades 6-12

school-card-donut-812362
7
/10
  • Tucson Magnet High School

  • 400 N 2nd Ave

  • 1.13 miles

  • Public Magnet Grades 9-12

school-card-donut-812363
10
/10
  • University High School

  • 421 N Arcadia Ave

  • 5.06 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,750. Most Tucson, AZ residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Arizona›Pima County›Tucson›85701›531 S Main Ave

This home is located at 531 S Main Ave in Tucson, AZ and zip code 85701 in the Ward 6 neighborhood. This 1,712 square foot home, which was built in 1920, sits on a 0.76 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $595,000.

Between August 2024 and September 2024, Tucson, AZ real estate market has seen increase in the number of listings by 54.8%. While the average time on the market in September 2024 was 68 days, the median list price was $385,300.

From Rocket Homes Real Estate and based on county public records data.

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