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531 S Main Ave, Tucson, AZ, 85701

2beds
2baths
1,712sqft
$504,000
$294price/sqft
$3,166/moest. monthly cost
$126,640/yrincome needed

About This Home

Welcome to this rare opportunity in a downtown historic neighborhood—two detached homes on one lot, offering endless flexibility for living, investing, or operating a small business (per zoning). The main house features one bedroom and one bathroom, along with two versatile flex rooms that can serve as an office, studio, or guest space. It includes a washer hookup in the laundry room, a secluded private patio tucked behind the home, a welcoming covered front porch, and zoned AC and heat for year-round comfort.The detached guest house offers its own one bedroom/ one bathroom, central AC with forced-air heating, and a washer hookup conveniently located on the covered back porch. Both homes have been freshly painted on the exterior and benefit from updated sewer and water lines, creating peace of mind for future maintenance. A shared backyard sits between the homes, perfect for outdoor enjoyment or creating separate private areas. Parking is on-street, consistent with the character of historic urban living. This property's location, flexibility, and dual-home setup make it ideal as a multi-generational living space, long-term rental, or a charming small business site in the heart of downtown.

Getting Around

72
WalkingVery Walkable
65
TransitGood Transit
95
BikeBiker's Paradise

Schools

6/10
4/10
Tucson Magnet High SchoolGrades 8-121.1 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Metal,Built-Up - Reflect
  • Construction materials: Adobe,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Pueblo
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Gas Range
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Ceramic Tile,Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: Mini-Split
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,712
  • Total interior livable area: 1,712 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 117143150
  • Zoning: Tucson - HO3
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None
  • Spa features: None
  • Fencing: Wrought Iron
  • Has view: Yes
  • View description: Residential

Lot

  • Lot size: 3,484 sqft
  • Features: Decorative Gravel,East/West Exposure
  • Lot size dimensions: Irregular

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters in Pima County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,548$30,576
Home Insurance $109$1,308
Property Taxes $293$3,516
Electricity $216$2,603
Total$3,166$37,992

Income You'd Need if You Spent...

35% on housing$108,548/yr
40% on housing$94,980/yr
45% on housing$84,426/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$294This listing

vs Other Active Listings

Avg $/sqft

ZIP 85701$293
Pima County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 85701$363
Pima County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-09Price change$509,000
2025-12-02Listed for sale$519,000
2025-10-16Listing removed$1,295
2025-08-15Listed for rent$1,295
2025-06-19Listing removed$529,000
2025-05-02Price change$529,000
2025-03-29Listed for sale$545,000
2025-02-13Listing removed$595,000
2024-05-08Listed for sale$595,000
2019-12-22Listing removed$995
2019-09-20Price change$995
2019-09-11Price change$1,000
2019-08-21Listed for rent$1,100

For Sale by Agent

AgentClaudia Valenzuela
BrokerageTierra Antigua Realty

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