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2528 E Lester Street, Tucson, AZ 85716

$270,000
Property Type: Multi-Family Square Footage: 3,424 Lot Size (sq. ft.): 13,200 Status: Closed
Current Price: $270,000 List Date: 10/03/2012 Last Modified: 9/09/2026

Overview

Description

Well maintained 4-plex, 100% occupied! Recently upgraded to Air Conditioning from Evap coolers on all 4 units. Tenants pay electric. Attractive, with double carports w/extra storage for each unit. Washer/Dryer Hookups inside each unit!

Listing Details MLS# 21224176

Address Information

Street #
2528
Direction
E
Street Name
Lester
Suffix
Street
State/Province
AZ
Zip Code
85716
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
123-02-247B
Area
Central
Subdivision
New Deal Acres

General Property Information

Dwelling Type
Quadruplex
Lot Dimensions
96x145
Lot Acres
0.3
Lot Sqft
13200
Lot Size Source
Other
Combined SqFt
3424
Year Built
1983
List Price/SqFt
87.62
Lot Size Price/SqFt
22.73

Property Features

Construction: Brick Main Cooling: Central Air Main Heating: Electric; Forced Air Sewer: Connected Water: Public Security: None Terms: Cash; Conventional Property Disclosures: Unknown

Contract Information

Distressed Info
None

Status Change Info

Off Market Date
2012-10-08
Pending Date
2012-10-29
Sold Date
2012-10-31
Sold Price/SqFt
78.86
Lot Sz Sold Prc/SqFt
20.45
How Sold
Cash

More Information

Showing Information

Directions
From Grant/Tucson Blvd, S to Lester St, E to address

Unit Info

# of Units/2 BR
4
Avg Mo Rent/2 BR
695

Analysis

Cap Rate %
6.92
Gross Rent Multi
8.99
Exp/SqFt
3.68
Exp % of Gross
37.81

Income

Gross Scheduled Rent
33360
Adjusted Gross
33360
Total Expenses
12612
Net Opp Income
20748

Expenses

Insurance
2200
Maintenance Supplies
1000
Management
4003
Taxes/Assessments
3009
Water/Sewer
2400
Figures Presented
Actual

Interior Features

Interior Steps
No

Miscellaneous

Master Elec Meter
No
Master Gas Meter
No
Master Water Meter
Yes
Package Available
No
IDX
Listing Office: Imagine Realty Services
Last Updated: September - 09 - 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 2026 MLS of Southern Arizona. All Rights Reserved.

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