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$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.

$350,000
6 Beds 4 Baths
Discover the perfect blend of comfort and flexibility in this spacious 6-bedroom home with a private guest quarters! Save on electricity with the installed Solar. The inviting interior boasts wood-look flooring, recessed lighting, and an open great room ideal for gatherings. The chef's kitchen features stainless steel appliances, granite counters, and a breakfast bar for casual dining. The primary suite offers a private retreat with its own bath, while the guest quarters provide extra privacy--ideal for multigenerational living or hosting guests. Enjoy a fenced-in pool, covered patio, and a generous backyard for outdoor entertaining. Located in a peaceful neighborhood close to shopping and dining, this home is a rare find.

6219 E Rosewood St, Tucson

Listing courtesy of Richard Jacome from eXp Realty.

$975,555
7 Beds 5 Baths
Rare Jefferson Park investment opportunity featuring two detached single-family homes plus a separate casita, all within walking distance of Banner University Medical Center and the University of Arizona. Offering a total of 7 bedrooms and 5 bathrooms, this versatile triplex is ideal for investors, owner-occupants, student housing, or medical professionals. Each residence enjoys its own private yard, providing privacy and independence rarely found in multi-unit properties. A wraparound deck showcases beautiful Catalina Mountain views, while ample off-street parking accommodates approximately 8-10 vehicles. Prime central location with strong rental demand and exceptional income potential.

1733 E Lester St, Tucson

Listing courtesy of Rachel Spears from Tierra Antigua Realty.

$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.

$260,000
6 Beds 2 Baths
MOTIVATED SELLER!!This rare seen property offers 2,091 sq. ft. of living space, including a 1,707 sq. ft. main home plus an attached casita, The remodeled kitchen features abundant cabinetry and stainless steel appliances. Enjoy the inviting front courtyard with nicely attached BBQ area, flagstone patio, and low-maintenance synthetic turf. The property is fully fenced, with a block wall in front and covered chain-link fencing in back, plus alley access for RV or additional vehicle parking. Conveniently located just minutes from Reid Park, golf, tennis, pickleball, the zoo, walking paths, El Con Mall, Park Place Mall, dining, and more. Great value with flexible living space! Come see it before it's gone!

3650 E March Pl, Tucson

Listing courtesy of Sayda O Armenta from United Real Estate Specialists.

$440,000
7 Beds 3 Baths
Rare central Tucson investment opportunity featuring a City of Tucson Certificate of Occupancy and a flexible 7-bedroom, 3-bathroom layout. Ideal for investors or operators exploring residential care, behavioral health, adult care, group home, co-living, or similar residential use opportunities, subject to buyer verification and any required approvals. The property offers multiple private rooms, generous common areas, tile flooring throughout, fresh interior paint, upgraded bathrooms, and a renovated kitchen with white cabinetry, ample counter space, and stainless steel appliances. The fully gated property provides added privacy and includes an automatic gate, covered patio, storage shed, and detached rear ADU with potential for rental income or flexible use. Conveniently located near Reid Park, golf, restaurants, shopping, and central Tucson amenities, this property offers a versatile layout, income potential, and multiple possible use cases rarely found in this location. Add a unique Tucson asset to your portfolio, schedule your showing today.

3456 E 27th St, Tucson

Listing courtesy of Angela Marie Kuzma from Keller Williams Integrity First.

$850,000
6 Beds 4 Baths
Exceptional Multi-Generational Living + Proven Income Opportunity in Central Tucson! Welcome to a rare and versatile desert retreat located in the desirable Richland Heights area of Tucson. Designed for flexibility and lifestyle, this unique property features three private living spaces, making it ideal for multi-generational living, extended family, or a high-performing short-term rental investment. The main residence (1,778 sq ft) offers 3 bedrooms and 2 bathrooms, highlighted by a warm and inviting great room with vaulted ceilings, a cozy fireplace, and a beautifully styled Southwest kitchen that captures the essence of Tucson living. The attached guest quarters (1,086 sq ft) provide 2 bedrooms and 1& 1/2 bath, complete with charming wood beam ceilings and a cozy wood-burning fireplace A separate studio casita (518 sq ft) adds even more flexibility, featuring its own kitchenette with electric stove. This is ideal for guests, rental income, or private workspace. Step outside to your own desert sanctuary--complete with a pebble tec pool, expansive entertaining patio, natural desert landscaping, and breathtaking mountain views. The oversized lot is fully enclosed with block wall construction, offering exceptional privacy and a peaceful, secluded feel. No HOA provides added freedom, while the property's established $40,000/year average rental income makes it a standout opportunity for investors or owner-occupants looking to offset their mortgage. Perfectly located near the University of Arizona, The Loop trail system, and St. Philip's Plaza, you'll enjoy easy access to dining, nightlife, farmers markets, parks, medical facilities, and major commuting routes including I-10. Nearby "Winterhaven" adds seasonal charm with its beloved Festival of Lights tradition. A truly rare find that is offering lifestyle, income, and flexibility all in one. Very low solar loan, and the electric utility costs are so low! Nicely sized fully organic garden with irrigation. Do not miss out on this retreat.

1951 E Greenlee Rd, Tucson

Listing courtesy of Anthony T Payne from OMNI Homes International.

$599,995
6 Beds 5 Baths
Rare opportunity to own a substantial 5,524 sq ft residence in a prime central Tucson location with exceptional income-producing potential. This expansive property offers 6 bedrooms and 5 bathrooms, featuring an intelligently designed layout with oversized bedrooms that allow for flexible living arrangements. Several bedrooms are large enough to accommodate multiple occupants, making the home well-suited for high-occupancy use and shared housing. With its generous square footage and functional floor plan, the property has the capacity to comfortably house 10 or more residents while still providing adequate bathroom access and common living areas. This configuration creates a compelling investment opportunity for parents of University of Arizona students looking to offset ownership costs through rental income, as well as for investors seeking a strong-performing student rental in a high-demand market. Low maintenance costs with owned solar. The home includes multiple large living spaces that support group living, studying, and entertaining. Outdoor amenities are highlighted by a private swimming pool, a highly desirable feature in the Tucson climate that enhances tenant appeal and long-term rental demand. The exterior space provides additional room for recreation and relaxation, further strengthening the property's rental profile. Located just minutes from the University of Arizona, this property benefits from close proximity to campus, major transportation corridors, dining, shopping, and everyday conveniences. The central location supports consistent rental demand while offering easy access to downtown Tucson and surrounding employment centers. Whether utilized as a student-focused rental, a multi-tenant income property, or a long-term investment with future flexibility, this 5,524 sq ft home presents a rare combination of size, location, and income potential. An outstanding opportunity to acquire a high-capacity property in one of Tucson's most reliable rental corridors.

3206 E Glenn St, Tucson

Listing courtesy of Jim Storey from Long Realty.

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