21 W Lalo Way Tucson, AZ $ 1,250,000
21 W Lalo Way
$ 1,250,000
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21 W Lalo Way

Tucson, AZ, 85701
$ 1,250,000
Bedrooms-- Baths0.0 Sq 2,346

Monthly Estimate*

$ 8,633

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Multi-Family Home for sale in Tucson, AZ

for $1,250,000. This 2,346 square foot home was built in 2025 on a lot size of 0.03.

Welcome to the epitome of upscale urban living in Tucson's vibrant Five Points neighborhood, where modern sophistication meets historic charm. A Rare Investment Opportunity in Tucson's Iconic Five Points District. This exclusive 4-plex represents an exceptional opportunity for investors seeking high-demand multi-family property in one of Tucson's most dynamic and walkable urban hubs! This modern desert 4-plex features four premium residences two spacious studios and two elegant 2-bedroom units. Live in one or rent all and maximize returns! (SEE ATTACHED DOCUMENT FOR RENTAL INCOME BREAKDOWN). Each thoughtfully designed to maximize natural light, functionality, and long-term appeal. Constructed with smooth white stucco and authentic adobe brick accent walls, these homes blend timeless character with a clean, modern aesthetic. Designed by HA|RU Architects in collaboration with Durazo Construction, every detail honors the ethos of Southern Arizona architecture combining craftsmanship, energy efficiency, and contemporary comfort. Custom Davis Kitchen cabinetry, open-concept layouts, and quality finishes create homes that attract discerning tenants who value both design and lifestyle. Located in the heart of Tucson's historic Five Points, where five distinct neighborhoods converge, residents enjoy unmatched walkability to artisan coffee shops, local markets, organic grocers, and celebrated restaurants. With a Walk Score of 84 and a Bike Score of 98, this property offers tenants a true urban lifestyle ensuring steady rental demand and long-term appreciation potential. Whether you're an experienced investor expanding your portfolio or seeking a high-performing asset in Tucson's fast-growing market, The Row at 18 W. 18th delivers a rare combination of location, design, and stability. Seize the opportunity to own a piece of Tucson's futurean investment where modern luxury, cultural vibrancy, and historic charm align perfectly.

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Multi-Family Active

Price

$ 1,250,000

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.03

Year Built

2025

Town/City

Tucson

County/Region

Pima

MLS | Web ID

22527438

Features
General
Living Area 2346.0
Heating Heat Pump
Cooling Central Air
Utilities Sewer Connected
Roof Built-Up - Reflect
Appliances Electric Range Dishwasher Refrigerator
Zoning Tucson - C3
HOA Fee 30.0
Patio/Porch Features Covered Deck
Architectural Style Other Contemporary
Pool Features None
Security Features None
Construction Materials Frame - Stucco Masonry Stucco Stucco Finish
Year Built 2025
View Residential
Township 14
Property Subtype Quadruplex
Tax Year 2024
Parcel Number 117-07-3620
Gross Income 108000.0
Community Features Sidewalks Street Lights
Accessibility None
HOA Fee 2 0.0
County Pima
Net Operating Income 103013.51
Operating Expense 4986.49
Insurance Expense 1962.0
Property Type Multi-Family
Association Amenities None
HOA Y
Subdivision Name N/A
Garage Y/N N
Status Active
Directions Stone/18th-West to address.
High School Tucson
City Tucson
Disclosures Public Report Site Plan CC&Rs
High School District TUSD
Number Of Units Total 4
MLS Area Central
Lot Size Units Acres
Lot Size Square Feet 1394.0
Carport Y/N N
Spa Features None
Elementary School Carrillo
Land Lease Y/N N
Fuel Expense 0.0
Middle/Junior High School Safford K-8 Magnet
Water Sewer Expense 0.0
Lease Renewal Y/N N
MLS Area Minor Central
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Taxes 1024.49
Cap Rate 7.38
Legal Description 18 West 18th Street Sq20211440619 Lot 17
New Construction None
Water Body Access Y/N None
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Interior
Interior Amenities Built-in Features Entrance Foyer
Flooring Other Concrete Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Double Pane Windows
Laundry Features Laundry Closet
Total Baths 0
Dishwasher True
Refrigerator True
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Exterior
Exterior Amenities Balcony None
Fencing Wood
Parking Features None
Lot Features Borders Common Area North/South Exposure Subdivided Decorative Gravel
Water Source Public
Total Parking 0.0
Lot Size Area 0.03
Building Area Total 2346.0
Lot Dimensions irregular
Lot Size Acres 0.03
Road Surface Type Paved
Lot Size Source Assessor
Crops Included Y/N N
Road Responsibility City
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 21
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* Excluded Features
List By
Anthony D Schaefer

Listing Agent

5204903758

Contact

Affordability Calculator

$8,633
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,633
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
406926 Elementary School
946620 Middle School
Tucson High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$1,250,000 -10.39% Price Down
3/6/2026$1,395,000 -6.99% Price Down
10/22/2025$1,499,900 Listed Price

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21 W Lalo Way, Tucson, AZ, 85701 is a Multi-Family Home for sale at $1,250,000 with 2,346 sqft and a lot size of 0.03. 21 W Lalo Way has 0.0 baths and was built in 2025. The property's zip code is 85701 which is in Tucson, AZ