2524 E Lester St., New Tucson, AZ

Multi-family for Sale - $575,000


Agent Info

Scott Hotchkiss
Coldwell Banker Commercial Realty

Property Info

CIMLS#1193929
Location
  2524 E Lester St.
  New Tucson AZ 85716
UpdatedJuly 15th, 2026
TypeMulti-family
Price$575,000

Property Description

2524 E Lester Street presents a unique Central Tucson value-add opportunity in the desirable Blenman-Elm neighborhood. The property offers a clean, modern residential asset with updated interior finishes, furnishings included, and a setup oriented toward short-term rental use. A separate 320 SF container-style unit has already been placed on site, and utility work for the additional unit has been completed, creating a strong head start for a buyer to finish the interior, stabilize the space, and potentially create an additional income stream. The property is well-positioned near the University of Arizona, Banner - University Medical Center, Central Tucson, neighborhood restaurants, coffee shops, and local destinations including Sonoran House. The location supports multiple rental strategies, including short-term rental where legally permitted, mid-term furnished rental, traveling nurse housing, university-related housing, or traditional rental use.


Financials