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1940 E Elm St, Tucson, AZ, 85719

6beds
5baths
3,490sqft
$1,299,000
$372price/sqft
$8,082/moest. monthly cost
$323,280/yrincome needed

About This Home

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.

Getting Around

59
WalkingSomewhat Walkable
59
TransitGood Transit
89
BikeVery Bikeable

Schools

5/10
Blenman Elementary SchoolGrades PK-50.9 mi
2/10
Doolen Middle SchoolGrades 6-81.2 mi
2/10

Construction

Condition

  • Year built: 1952

Materials

  • Roof: Tile,Built-Up - Reflect
  • Construction materials: Brick,Burnt Adobe

Type & Style

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

Interior

Appliances

  • Appliances included: Exhaust Fan,Dishwasher,Disposal,Refrigerator,Gas Range,Convection Oven,Electric Oven,Microwave,Wine Cooler
  • Laundry features: Sink,Laundry Room,Electric Dryer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Entrance Foyer,High Ceilings
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Insert,See Remarks,Dining Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Gas Pac,Natural Gas,Zoned,Electric
  • Cooling features: Zoned,Central Air,Ductless

Interior Area

  • Total structure area: 3,490
  • Total interior livable area: 3,490 sqft

Property

Accessibility

  • Accessibility features: Accessible Entrance,Level

Details

  • Parcel number: 123060020
  • Zoning: Tucson - R1

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Patio & porch: Paver,Patio
  • Spa features: None
  • Fencing: Block
  • Has view: Yes
  • View description: Residential

Lot

  • Lot size: 0.32 Acres
  • Features: Decorative Gravel,Flower Beds,Shrubs,Sprinklers In Front,Subdivided,Adjacent to Alley,North/South Exposure
  • Lot size dimensions: 96 x 145

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Garage Door Opener,Detached,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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 WaveRelatively 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 $6,568$78,816
Home Insurance $388$4,656
Property Taxes $757$9,084
Electricity $369$4,435
Total$8,082$96,984

Income You'd Need if You Spent...

35% on housing$277,097/yr
40% on housing$242,460/yr
45% on housing$215,520/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

$372This listing

vs Other Active Listings

Avg $/sqft

ZIP 85719$230
Pima County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 85719$256
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
2026-07-30Listed for sale$1,299,000
2025-04-28Sold$800,000
2025-04-25Pending sale$895,000
2025-04-14Contingent$895,000
2025-04-07Price change$895,000
2025-02-26Price change$985,000
2025-01-11Listed for sale$1,100,000
2016-08-25Sold$490,000
2016-06-29Listed for sale$500,000
2016-06-17Pending sale$500,000
2016-04-15Price change$500,000
2016-03-08Price change$535,000
2016-01-25Price change$574,900
2015-10-11Listed for sale$595,000

For Sale by Agent

AgentHedy H Ramani
BrokerageEngel & Volkers Tucson

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