1448 E Lester Street, Tucson, AZ 85719

$385,000
Property Type: Multi-Family Square Footage: 2,311 Lot Size (sq. ft.): 55 Status: Closed
Current Price: $385,000 List Date: 7/28/2014 Last Modified: 4/22/2026

Overview

Description

Location is ideal. Blocks from UAMC, streetcar stop, UA, Mtn Ave bike path & cat tram. The main house and studio have 5 bedrooms, 4 bathrooms.3 BR have their own private bathrooms. 2 Bedrooms share a bathroom. All bedrooms are private with no adjoining walls. The main house has high ceilings, stained concrete floors to give it a cool vibe and easy to maintain. Separate living and dining rooms. Large family room opens up to the gourmet kitchen and another dining area. The guest studio is private with a large bathroom, walk-in closet and mini bar. House and studio rented for $2850/mo. Parking is no problem with 2 car garage, 2 spaces in driveway and 3 extra parking spaces through the double gate in the back.Complete with wood blinds, w/d, visual entrance system..to name just a few amenities

Listing Details MLS# 21420903

Address Information

Street #
1448
Direction
E
Street Name
Lester
Suffix
Street
State/Province
AZ
Zip Code
85719
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
123-11-0920
Area
Central
Subdivision
Monterey Add Amended
Tax Year
2013
Taxes
4604
Assessments
0
Legal Description
Monterey Amended Lot 1 & E10' Lot 2 BLK 8
Township
14
Community
None
Range
14
Section
6
Municipality/Zoning
Tucson - R1
Fire Protection
Included in Taxes

General Property Information

Lot Dimensions
50 x 150 x 50 x 150
Lot Acres
0.17
Lot Sqft
7500
Lot Size Source
Assessor
Combined SqFt
2311
Year Built
2002
List Price/SqFt
179.58
Lot Size Price/SqFt
55.33

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Security: Alarm Installed Terms: Cash; Conventional Property Disclosures: Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2014-09-30
Pending Date
2014-10-27
Sold Date
2014-10-30
Sold Price/SqFt
166.59
Lot Sz Sold Prc/SqFt
51.33
How Sold
Conventional

More Information

Showing Information

Directions
Grant/Mountain Ave. South on Mountain to Lester. East on Lester to 1448.

Unit Info

# of Units/Other
Yes
Avg Mo Rent/Other
2850
Avg Mo Rent/Studios
0
Avg Mo Rent/1 BR
0
Avg Mo Rent/2 BR
0
Avg Mo Rent/3 BR
0

Analysis

Cap Rate %
6.31
Gross Rent Multi
11.26
Exp/SqFt
4.29
Exp % of Gross
28.99
Vacancy Rate %
0

Income

Gross Scheduled Rent
34200
Adjusted Gross
34200
Total Expenses
9914
Net Opp Income
24286
Vacancy Loss
0
Other Income
0

Expenses

Insurance
842
Maintenance Supplies
808
Management
3420
Taxes/Assessments
4604
Other Expenses
240
Figures Presented
Proforma
Admin Expenses
0
Capital Expenses
0
Contract Services
0
Gas/Electric
0
Resident Manager
0
Water/Sewer
0

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Cash
Yes
Conventional
Yes

Security

Alarm Installed
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Tierra Antigua Realty
Last Updated: April - 22 - 2026
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

Search Like a Tucson Pro: Full MLS Access

Stop using “lite” versions of the market. I’ve unlocked the professional-grade FlexMLS tool for you—the same system used by Tucson Realtors. Access real-time sold data, private documents, and upcoming open houses that haven’t hit the big sites yet.

Your Local Tucson Expert Real Estate Partner

Blaine Bond - Tucson Real Estate Agent and Neighborhood Tour Expert

Moving is a major life milestone. You deserve a partner who knows the Tucson dirt as well as the local market data.

Real estate is more than just a transaction—it’s one of the most powerful ways to build lasting wealth for your family. Whether you are stepping into your first home, searching for a second mountain getaway, or managing an investment portfolio, I’m here to ensure the process is smooth, transparent, and profitable for you.

Why Work With Us?

  • Market Intelligence: We don’t guess; we track the data. Get exclusive access to our Monthly Market Reports so you can see exactly where Tucson home values are heading before you buy or sell.

  • Strategic Results: The right guidance means more equity in your pocket at closing.

  • Zero Pressure: No sales tactics—just honest assistance tailored to your goals.

Ready to get started? Whether you need a formal home valuation or just have a quick question about a neighborhood, reach out to Blaine and the team today.

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.