Blenman-Elm, situated in in-city neighborhoods surrounding The University of Arizona on the east, west, and north, has experienced substantial growth. This development has resulted in only a limited number of vacant parcels. However, when they do become available, they generate a high demand and command high prices.
The typical buyer demographic for these neighborhoods includes:
- Professors
- Graduate students
- Parents with children attending the U of A
- Small builders specializing in rental homes
Property sizes in this area typically range from 5,000 to 12,000 sq. ft., with R-1 or R-2 zoning. Recent zoning updates have introduced the possibility of constructing a second, smaller residential unit on these lots, referred to as ADU (Auxiliary Dwelling Units), although specific restrictions apply. This newfound flexibility enhances the already appealing nature of these highly sought-after communities.
Tucson Central Communities & Neighborhoods
| Average Size | Average Lot Prices | Average Home Price | |
|---|---|---|---|
| Blenman-Elm | 7000 acres | $125,000 | $450K-$1M |
| Rincon Heights | 5500 acres | $200,000 | $450K-$1M |
| Indian House Village | 22000 acres | $350,000 | $600K-$1.5M |
