# 1435 E Benson Highway, Tucson, AZ 85714

> **TL;DR:** commercial, $900,000 ($194/sqft), built 1948, 4,651 sqft. Est. $4,814/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $900,000 |
| Price/sqft | $194 |
| Square Feet | 4,651 |
| Year Built | 1948 |
| Lot Size | 47,045 sqft (1.08 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,551 |
| Estimated Insurance | $263 |
| **Total** | **$4,814** |

## Property Highlights

- Built in 1948
- 1.08 acre lot

## Description

### Agent Description
This Class C value-add multifamily property is located in South Tucson / Ward 5, immediately south of downtown Tucson near the I-10/I-19 interchange. The property consists of approximately 16 units in a 1-story, stucco/block construction built in 1947 on 1.09 acres of C-2 zoned land. The asset represents a well-positioned investment opportunity in an active trade corridor with solid in-place cash flow and clear value-add potential through utility expense reduction. FY2025 operations produced $140,051 in total income against $75,328 in operating expenses, generating $64,723 of net operating income with a 46.2% NOI margin. The property currently operates as an all-bills-paid community with owner-paid utilities totaling $33,846 annually (approximately 24% of gross income), presenting a straightforward opportunity for NOI growth through RUBS conversion or utility bill-back programs. The subject property sits within a small, active corridor of 1940s-vintage Class C apartment trades along Benson Highway that have produced cap rates of 7.16%-9.10%, confirming investor demand for this product type. The location benefits from proximity to Banner-University Medical Center South and the Tucson VA Medical Center, both consistent generators of workforce rental demand. At an estimated $54,000-$58,000 per unit, the asset trades well below Tucson's average $133,503 per-unit multifamily pricing and far below new-construction replacement cost.

## Location

- **Address:** 1435 E Benson Highway, Tucson, AZ 85714
- **County:** Pima
- **Coordinates:** 32.175702, -110.948963
- **Google Maps:** https://www.google.com/maps?q=32.175702,-110.948963

## Listing Agent

- **Name:** Marc E Luety II
- **Brokerage:** Real Broker AZ, LLC
- **Phone:** 5208504000
- **Broker Phone:** (855) 450-0442
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/TARAZ/22622120/?channel=propsimple)

## Photos

![1435 E Benson Highway - Photo 1](http://lh.rdcpix.com/3ff562eb45534299b132f57b0a750559l-f2767814190r.jpg)

![1435 E Benson Highway - Photo 2](http://lh.rdcpix.com/3ff562eb45534299b132f57b0a750559l-f2493694654r.jpg)

---

**MLS#:** 22622120 | **Updated:** 2026-09-12
**Source:** listhub

*Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1435-e-benson-highway-tucson-az-85714-22622120)

---

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