Central Properties over $1,000,000 for Sale

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Newest Central Properties over $1,000,000 for Sale

$3,500,000

16 Beds ⋅ 16 Baths

An extraordinary opportunity to own one of Tucson's most distinctive historic income-producing compounds, generating approximately **$246,000 in annual rental income** with significant additional upside. Behind gated entrances from both Prospect Lane and Limberlost, this unique property features **9 separate residences**, a resort-style pool, mature landscaping, fruit orchards, gardens and approximately **½ acre of undeveloped land with the potential to add up to 12 additional units**. The property offers a diversified income stream through a mix of long-term rentals, short-term rentals and owner-occupied space, while providing exceptional flexibility for a future owner. Continue the current income strategy, expand the existing residential footprint, create a multi-generational family compound, corporate or executive housing destination, boutique retreat, or explore other potential uses. Unlike a typical multi-unit investment, this is an irreplaceable historic compound where each residence has its own character and identity. Extensive improvements have modernized the property while preserving its historic charm, including central A/C throughout, renovated bathrooms, restored fireplaces, updated roofs, plumbing, electrical, windows and appliances, plus upgraded gates, fencing, parking and the addition of a resort-style pool. With approximately $250,000 in current annualized income, 9 residences, potential for 12 additional units, and a rare combination of historic character, privacy and flexibility**, this is far more than an income property--it is a one-of-a-kind compound with immediate cash flow and exceptional future potential.

1492 E Prospect, Tucson

Listing courtesy of Pete M Torrez PLLC from Griggs's Group Powered by The Altman Brothers.

$2,800,000

4 Beds ⋅ 4 Baths

Stunning, spacious, meticulously designed, renovated, and maintained home is a midtown gem situated in historical, tranquil, and sought-after Colonia Solana neighborhood. Great curb appeal with elegant architecture, landscaping, and circle drive. Welcoming foyer leads to comfortable living room with a retractable projection screen, then to the dining room with a wine cooler and wet bar; the flagstone patio, saltwater pool with motorized safety pool cover, grill and fireplace, all perfect for relaxing and entertaining. This is an accessible 4-bedroom, 4 bath, 6,116 sq ft, one level, no steps home. Chef's kitchen with massive island, stainless appliances. 2021 renovation included a 3,060 square foot addition, plumbing, electrical, 3 new heat pumps with separate thermostats for different zones, 3 new gas water heaters, new kitchen, baths, most windows, roof, security w/cameras. Bedroom #1, currently a gym, with Murphy bed, full bath and door to pool and patio area. Off the foyer Bedroom #2 with shower and double vanity. Expansive office w/ built-ins and, large walk-in storage and cool wine storage. Office could be a 5th bedroom. The office shares a Jack and Jill bath with jetted tub and double vanity leading to Bedroom #3. Separate laundry room off the hallway with closet for pet supplies and toys, folding counter and sink. The hallway has bookcases on one side and space for a gallery on the other side. Primary Bedroom #4 is an ensuite with generous walk-in closet including drawers, cabinets, a cedar closet, and dressing room. Bath includes double vanity, a roll-in shower and a door to the patio and pool. Expansive yard with gates allows for RV parking; 6000-gallon tank for rainwater that supplies underground irrigation system to fruit trees and desert plantings; dog run, and 2 sheds. In front, there is a large open area for event parking. Owned solar panels cut costs. Ceiling tracts and lifts to be removed and restored by Seller. Oversized 2 car garage and a separate workshop with a mini split, garage door, and dog door. HOA dues are voluntary, see Documents. Nearby Reid and Randolph Parks with golf, 4+ miles of paved trails, golf, tennis, Zoo, baseball field for the University, classes, picnic areas, dog park, performance center and more. Great local schools, medical care, transportation and shopping nearby. See Virtual Tour in Photos and Features List in Documents for more Information. This is a beautiful home in Historic Colonia Solana, a great community!

3448 E Via Esperanza, Tucson

Listing courtesy of Lee Unger from Butera Real Estate, Inc..

$1,299,000

6 Beds ⋅ 5 Baths

Exceptional Central Tucson Opportunity Thoughtfully Remodeled Home with Detached Guest House Thoughtfully remodeled to preserve its original character while introducing a warm, timeless transitional design, this exceptional Central Tucson home beautifully blends historic charm with modern comfort. Ideally located just minutes from Banner - University Medical Center Tucson, the University of Arizona, the Arizona Inn, downtown Tucson, and the area's premier dining, shopping, and cultural attractions, this property offers an unbeatable central location. The approximately 3,490 sq. ft. residence features 5 bedrooms, including two private primary suites, offering exceptional flexibility for multigenerational living, guests, or work-from-home needs A detached guest house with its own private backyard entrance provides endless possibilities as a guest retreat, home office, creative studio, or potential rental opportunity. The spacious, pool-sized backyard offers exceptional privacy and plenty of room to create your ideal outdoor oasis. A rare opportunity to own a beautifully updated home in one of Tucson's most established and desirable neighborhoods, where classic Tucson character meets timeless transitional design.

1940 E Elm St, Tucson

Listing courtesy of Hedy H Ramani from Engel & Volkers Tucson.

$1,099,000

4 Beds ⋅ 4 Baths

The Rubi Mansion--arguably one of Downtown Tucson's most iconic historic residences--stands proudly in the heart of Tucson's vibrant Commercial and Infill District, directly across from Armory Park. Built in 1907 for Senator Owen T. Rouse, this extraordinary property has been thoughtfully restored-preserving the craftsmanship and character that define its rich history while seamlessly blending modern comfort. Throughout the home, original architectural details remain beautifully intact, including the original doors, intricate moldings, hardwood floors, grand wood staircase and banisters, built-in cabinetry, hand-painted concrete tile, and the original City of Tucson Seal showcased on the front porch. On the main level, a grand entry foyer welcomes guests and flows... See more into elegant formal living and dining rooms, each anchored by a historic fireplace. A spacious family room and thoughtfully updated kitchen which is perfect provide comfortable everyday living while honoring the home's timeless character. The second-floor features four spacious bedrooms, two of which have access to original wrought-iron balconies, along with two beautifully appointed bathrooms. Completing the property is the carriage house, offering exceptional flexibility as a guest suite, artist's studio, private office, or creative workspace. Rich in history, architectural significance, and endless possibilities, The Rubi Mansion has served as a distinguished private residence, an art museum, and a venue for countless memorable gatherings. Today, it presents a rare opportunity to own one of Tucson's most celebrated landmarks and write the next chapter in its remarkable story.

175 E 12th St, Tucson

Listing courtesy of Anna Cuevas-Blue from Real Broker.

$1,699,000

4 Beds ⋅ 6 Baths

Tucked away just rear of the existing 1908 old adobe School House ruins and sun-dried adobe brick walls that sit gently north and west of the property, this beautiful newly constructed home reflects the lands rich preserved history in Tucson's Old Fort Lowell Historic Neighborhood. As you step onto the property you're taken back to the village of El Fuerte, aka ''The Fort'', where the Old School House was built for the children of the community, across the street enjoy views & a short walk to the Historic San Pedro Chapel. A unique and rare preserved piece of history that welcomes you day to day with serene desert living beauty & relaxation. 9-10 ft ceilings, modern open concept living, gorgeous kitchen with waterfall island, elegant quartz countertops, plentiful cabinetry, a spacious walk-in pantry, rustic wood beams, and a courtyard pool, all so perfect for family gatherings & entertaining. Each ensuite shows attention to design work & detail providing comfort, privacy & space for all. Study/office offers flexibility to work from home or use as a creative bonus room. Exceptional craftsmanship throughout shows the dedication, time & commitment in the design build of this beautiful new home, in keeping with timeless preserved historical significance this property holds, a true rich value in itself. Seller licensed to buy/sell real estate in state of AZ, Owner/Agent; Listing Agent has a financial interest in property, treat as Owner/Agent. Please do not enter historic adobe ruins.

5259 E Fort Lowell Rd, Tucson

Listing courtesy of Haydee Sanchez from Tierra Antigua Realty.

$2,100,000

4 Baths

For the last 55 years this building has been a staple in Tucson's philanthropic social culture. It is now available for sale. This offering consists of: 3.8+ acres of R-2 zoned property, three buildings; Main Building with 19,023sf main floor and 1588sf second floor built in 1971, Warehouse with 2400sf built in 1988 and an outbuilding with 1128sf used for storage. Alta Survey available by Douglas E. Schneider completed 06/29/2021 Seller provided PSA available, Enterprise Zone - City of Tucson Buyer shall investigate if this is a benefit during the due diligence period. The Subject Property is in the Sunshine Mile Historic District which is listed on the National Register of Historic Places. Accepted buyer will consult with the Arizona State Historic Preservation Office for any mods.

450 S Tucson Blvd, Tucson

Listing courtesy of James P Robertson from Realty Executives Arizona Territory.

$1,349,000

3 Beds ⋅ 3 Baths

Set along a historic Tucson street in the Catalina Vista Neighborhood, this thoughtfully designed property features two distinct and refined residences that work together as a cohesive compound. Outdoor spaces are central to the experience, with great attention to detail. A pebble-finish pool and water feature, synthetic lawn, and layered landscape of desert specimen plantings and raised garden beds create a manicured setting for year round enjoyment. An outdoor shower and well equipped kitchen with sink, grill, and Green Egg support year-round use, while a one-car garage and two-car carport integrate with the main residence. The primary house offers two elegant bedrooms, one-and-a-half bathrooms, and a dedicated office oriented toward the spectacular yard. Interior details reflect a balance of Spanish influences and thoughtful updates, including hardwood floors, coved ceilings, Talavera tile accents, custom built-ins, and designer lighting. Plantation shutters frame views to the surrounding outdoor spaces, reinforcing the connection between inside and out. The guest house is designed with intention and clarity, functioning as a one-bedroom residence with a spacious bathroom and its own laundry room. The kitchen includes quartz countertops, ample storage, and integrated dining space, while French doors along the north side of the great room bring in copious natural light. Concrete floors, modern millwork, and vintage enamel lighting create a layered mix of materials that complement the main home. Together, the two structures offer impeccably executed flexibility for multigenerational living, guest accommodations, or a dedicated workspace, all within a setting that emphasizes design continuity, outdoor living, and idyllic Tucson character. This property has Historical Tax status.

225 N Sierra Vista Dr, Tucson

Listing courtesy of Eliza Landon Dray from Long Realty.

$1,200,000

5 Beds ⋅ 3 Baths

Tucson's ultimate midtown retreat is officially on the market. This proven VRBO-favorite sits on a secluded 0.7-acre lot and delivers 5BD/3BA across 3,281 sq ft of iconic Southwestern style -- Saltillo tile, 3 beehive fireplaces, split floor plan, guest quarters, wet bar, and a sparkling pool with full-length covered patio. No HOA. RV parking. Fully equipped kitchen with granite, stainless & butler's pantry. Steps from Tucson Botanical Gardens, Reid Park Zoo & 4th Avenue. Whether you're buying a forever home or a short-term rental powerhouse -- this one's already proven it delivers. Don't sleep on it. Office and storage are not included in the square footage. Office has air conditioning. Office is 12' x 18' storage is 12' x 31' Home has been used as a VRBO in recent years

2539 E Edison St, Tucson

Listing courtesy of John Harings from United Real Estate Specialists.

$1,949,000

4 Beds ⋅ 4 Baths

Situated in the coveted historic neighborhood of El Encanto Estates, this must-see luxury residence offers the perfect balance of privacy and modern living in the heart of Tucson. A renovated kitchen features modern appliances and beautiful custom finishes. The spacious family room is highlighted by a seamless indoor/outdoor bar area. The oversized primary suite serves as a true retreat complete with a private balcony. Step outside to your own private oasis in a serene setting with mature landscaping, large ramada with fireplace, and resort-style saltwater pool and spa. This property has a water well, and is listed on the National Historic Registry, providing valuable tax advantages. The premier central location is just moments away from the best amenities that the city has to offer!

95 N Camino Espanol, Tucson

Listing courtesy of Melissa Manning Bishop from Neal Manning Company Realtors.

$1,078,888

4 Beds ⋅ 4 Baths

A truly remarkable piece of Tucson history, this meticulously restored Queen Anne-era residence, originally constructed in 1910, seamlessly blends historic grandeur with modern livability. Located in the heart of Tucson's historic Iron Horse District, this extraordinary property offers an unforgettable setting where timeless architectural character meets thoughtfully designed modern comfort. Originally built for Peter and Mary Ziegler, the home carries a fascinating connection to Tucson's early railroad history, with Peter Ziegler recognized as Tucson's first railroad engineer. The property is situated within the historic Iron Horse District, an enclave established for some of Tucson's earliest railroaders, giving this residence a depth of history and provenance that cannot be replicate The thoughtfully reconfigured floor plan was designed to meet the needs of today's lifestyle while honoring the home's original architectural integrity. Much of the original stained glass has been carefully preserved, complemented by beautifully restored wood floors and distinctive architectural details that exemplify the craftsmanship of the early 20th century. The home has undergone a comprehensive restoration, including new electrical, plumbing, and HVAC systems. Additional upgrades include five mini-split systems upstairs for enhanced comfort, sound-reducing flooring on the upper level, and numerous other thoughtful improvements that provide modern efficiency and convenience without compromising the home's historic character. Offering four bedrooms and four full bathrooms, the property also features ample storage and a basement--rare and valuable attributes for a home of this era. The spacious layout and exceptional amenities also make the residence particularly well suited for use as a luxury short-term rental, offering guests a distinctive opportunity to experience Tucson's history, architecture, and vibrant downtown setting. Outside, the fully landscaped grounds showcase original brick pavers in the front yard, further highlighting the home's historic charm. The oversized rear parking area, secured by an automatic gate, accommodates up to six vehicles--an exceptional and rare feature for a historic property. A beautifully paved side yard provides a versatile outdoor space ideal for gatherings and entertaining, offering endless possibilities for enjoying the property. This exceptional residence is a masterful restoration of Tucson history, combining timeless elegance, modern comfort, and unparalleled character. Whether envisioned as a distinguished private residence or a luxury short-term rental, this one-of-a-kind property offers an extraordinary opportunity to own a piece of Tucson's past while enjoying all the comforts of today.

126 N 1st Ave, Tucson

Listing courtesy of Jeffrey M Ell from Ambrell Realty.

$1,749,000

Owner/Agent. Seize the opportunity to own prime real estate in highly desired Historic Armory Park downtown Tucson, Live/Work in a Walker's-Biker's Paradise! Historically, Amado's Compound between 1840 - 1940's & Tucson's Youth Music Ctr., the Fiddle Thrift Shop between 1970's - 2022. Historic Architectural & Adobe charm meet the needs of today's modern live/work functionality offering 8 Studios or Creative Office spaces each with a new bathroom & kitchenette option! Addl features incl. 2 laundry rooms with 5 stackable hooks ups, a spacious indoor storage or bonus rm & a courtyard! HC-3 Zoning provides for variety use of Office & permitted Residential use; see Commercial MLS 22519690. Public parking/spaces on 15th St & Stone Av. Excellent Walking/Biking score 91/100 & TUGO Bikeshare!

443 S Stone Ave, Tucson

Listing courtesy of Haydee Sanchez from Tierra Antigua Realty.

$1,300,000

3 Beds ⋅ 4 Baths

Stunning luxury living in Tucson's oldest barrio! Gorgeous spacious Barrio Libre home by the barrio's master builder, David Carter, for their own personal residence. Mikey block construction, looks and feels like adobe, even better insulating qualities. Finished with many historic materials (from local churches, Mt Lemmon trees harvested after the fire, saguaro ribs from our desert). Two stories and three bedrooms with full baths, each en suite. Downstairs primary suite features hand-laid brick domed ceiling. Lush, ultra-private courtyards with fruit trees, a rooftop deck connecting upper bedrooms. A rare treasure property feels 125 years old, yet has none of the restoration concerns of most Barrio Viejo homes. David Carter pays ultimate homage to the history of his neighborhood.

515 S Convent Ave, Tucson

Listing courtesy of Susan Denis from Long Realty.

$1,250,000

Welcome to the epitome of upscale urban living in Tucson's vibrant Five Points neighborhood, where modern sophistication meets historic charm. A Rare Investment Opportunity in Tucson's Iconic Five Points District. This exclusive 4-plex represents an exceptional opportunity for investors seeking high-demand multi-family property in one of Tucson's most dynamic and walkable urban hubs! This modern desert 4-plex features four premium residences two spacious studios and two elegant 2-bedroom units. Live in one or rent all and maximize returns! (SEE ATTACHED DOCUMENT FOR RENTAL INCOME BREAKDOWN). Each thoughtfully designed to maximize natural light, functionality, and long-term appeal. Constructed with smooth white stucco and authentic adobe brick accent walls, these homes blend timeless character with a clean, modern aesthetic. Designed by HA|RU Architects in collaboration with Durazo Construction, every detail honors the ethos of Southern Arizona architecture combining craftsmanship, energy efficiency, and contemporary comfort. Custom Davis Kitchen cabinetry, open-concept layouts, and quality finishes create homes that attract discerning tenants who value both design and lifestyle. Located in the heart of Tucson's historic Five Points, where five distinct neighborhoods converge, residents enjoy unmatched walkability to artisan coffee shops, local markets, organic grocers, and celebrated restaurants. With a Walk Score of 84 and a Bike Score of 98, this property offers tenants a true urban lifestyle ensuring steady rental demand and long-term appreciation potential. Whether you're an experienced investor expanding your portfolio or seeking a high-performing asset in Tucson's fast-growing market, The Row at 18 W. 18th delivers a rare combination of location, design, and stability. Seize the opportunity to own a piece of Tucson's futurean investment where modern luxury, cultural vibrancy, and historic charm align perfectly.

21 W Lalo Way, Tucson

Listing courtesy of Anthony D Schaefer from Long Realty.

$1,800,000

INCOME GENERATING PROPERTY * * *. * * * 4 NEW CONSTRUCTION DUPLEXES. -Four units 3 Bedroom 2 Bath 1079 Sq Feet and -Four Units 2 Bedroom 1 Bath 803 Sq Feet. Total of 8 Units. Great Investment opportunity ! Beautiful Granite counters through out home, new stainless steel appliances, tile in all areas. Parking lot with EV Ready Outlets. Close to University of Arizona and I-10 for easy commuting as well as shopping around the corner.

4061 E Monte Vista Dr, Tucson

Listing courtesy of Evangelina R Valdez Valenzuela from OMNI Homes International.

$1,300,000

3 Beds ⋅ 4 Baths

NEW CONSTRUCTION! ON OVER A QUARTER ACRE! Welcome to Terraza Moderna, a private, gated enclave of only six architecturally distinct homes thoughtfully crafted by the award-winning team at Rob Paulus Architects and built by The Helios Group.

2811 Bella Terraza Ct N, Tucson

Listing courtesy of Jenifer Miranda from Tierra Antigua Realty.

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The 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 KMS Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.