For sale

$539,000

503 E Waverly St, Tucson, AZ 85705

5beds

2,400sqft

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Single Family Residence

Built in 1946

0.29 Acres Lot

$519,000 Zestimate^®

$225/sqft

$-- HOA

What's special

Completely renovated and turnkey, this exceptional R2-zoned property offers endless possibilities for investors, owner-occupants, and multigenerational living. Situated on a spacious quarter-acre lot just 1 mile from Downtown Tucson, the University of Arizona, Banner Hospital, and I-10, the location is unbeatable. Everything is new from top to bottom, including the roof, HVAC system, ductwork, plumbing, electrical, windows, doors, water heater, appliances, fixtures, and interior/exterior paint. The oversized lot features side and rear access for RVs, boats, or future development, plus additional off-street parking and a tandem driveway. With R2 zoning and ample space to add another structure, this is an outstanding opportunity for student housing, long-term rentals, or future expansion.

40 days

614

34

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Exhaust Fan, Dishwasher, Disposal, Electric Range, Electric Cooktop, Electric Oven, Gas Hookup Available
Laundry: In Kitchen, Storage, Gas Dryer Hookup, Electric Dryer Hookup

Features

Kitchen Island, Beamed Ceilings, Walk-In Closet(s), Built-in Features
Flooring: Concrete
Number of fireplaces: 1
Fireplace features: Wood Burning, Family Room, Living Room

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Parking features: None

Accessibility

Accessibility features: Accessible Entrance, Handicap Convertible, Level, Roll-In Shower, Wide Doorways, Wide Hallways

Features

Levels: One
Stories: 1
Entry location: 1
Patio & porch: Covered, Slab, Patio
Exterior features: Native Plants
Pool features: None
Spa features: None
Fencing: Block,Chain Link
Has view: Yes
View description: Mountain(s), Sunset, Panoramic, Residential, Sunrise

Lot

Size: 0.29 Acres
Dimensions: 81 x 156 x 80 x 156
Features: Decorative Gravel, Flower Beds, Graded, Subdivided, Adjacent to Alley, North/South Exposure

Details

Additional structures: Workshop
Parcel number: 115022490
Zoning: Tucson - R2
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary,Ranch,Southwestern
Property subtype: Single Family Residence

Materials

Brick, Frame - Stucco, Wood Frame
Roof: Built-Up - Reflect

Condition

Year built: 1946

Utilities & green energy

Sewer: Sewer Connected
Water: Public

Community & HOA

Community

Features: None
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Subdivision: Mansfield Heights

HOA

Has HOA: No

Location

Region: Tucson

Financial & listing details

Price per square foot: $225/sqft
Tax assessed value: $350,301
Annual tax amount: $3,113
Date on market: 6/2/2026
Cumulative days on market: 41 days
Listing terms: FHA,VA Loan,Conventional,Cash
Road surface type: Paved

Estimated market value

$519,000

$493,000 - $545,000

$2,356/mo

Price history

Date	Event	Price
6/2/2026	Listed for sale	$539,000+162.9%$225/sqft
Source: MLS of Southern Arizona #22613902 Report a problem
12/12/2025	Sold	$205,000-8.9%$85/sqft
Source: MLS of Southern Arizona #22523501 Report a problem
10/6/2025	Pending sale	$225,000$94/sqft
Source: MLS of Southern Arizona #22523501 Report a problem
10/4/2025	Contingent	$225,000$94/sqft
Source: MLS of Southern Arizona #22523501 Report a problem
9/28/2025	Listed for sale	$225,000$94/sqft
Source: MLS of Southern Arizona #22523501 Report a problem
9/18/2025	Contingent	$225,000$94/sqft
Source: MLS of Southern Arizona #22523501 Report a problem
9/9/2025	Listed for sale	$225,000$94/sqft
Source: MLS of Southern Arizona #22523501 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,629 +6.7%	$35,030 +6.5%
2024	$2,464 -0.8%	$32,905 +20.6%
2023	$2,483 -0.3%	$27,285 +9.5%
2022	$2,491 +4.2%	$24,921 +2.7%
2021	$2,391 +3%	$24,264 +11.5%
2020	$2,323	$21,754 +8.3%
2019	$2,323 +4.8%	$20,084 +26.1%
2018	$2,216 +4.8%	$15,927
2017	$2,115 +2.6%	$15,927 +5%
2016	$2,062 +10.2%	$15,169 +5%
2015	$1,872	$14,446
2014	--	--
2013	--	$146,911
2012	--	--
2011	--	--
2010	--	--
2009	--	--
2007	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	$1,540 +5.1%	--
2000	$1,466	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Northwest

Getting around

56 / 100

Somewhat Walkable

47 / 100

Some Transit

93 / 100

Biker's Paradise

Nearby schools

GreatSchools rating

9/10
Miles-Exploratory Learning Center
Grades: PK-8Distance: 1.9 mi
2/10
Tucson Unified Virtual Academy
Grades: K-12Distance: 2.9 mi
5/10
Blenman Elementary School
Grades: PK-5Distance: 2.1 mi

Schools provided by the listing agent

Elementary: Blenman
Middle: Doolen
High: Catalina

Source: MLS of Southern Arizona. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.