21 W Lalo Way, Tucson, AZ 85701
$1,499,900
Property Type:
Multi-Family
Square Footage:
2,346
Lot Size (sq. ft.):
1,075
Status:
Active
Current Price:
$1,499,900
List Date:
10/22/2025
Last Modified:
12/04/2025
Description
BUILDER INCENTIVE RATE %4.99%!!! 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,
Supplements: 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.
More Information MLS# 22527438
Address Information
Country: USA
Street #: 21
Direction: W
Street Name: Lalo
Suffix: Way
State/Province: AZ
Zip Code: 85701
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2024
Taxes: 1024.49
Taxes For: Only for Land
Legal Description: 18 West 18th Street Sq20211440619 Lot 17
Township: 14
Community: None
Range: 13
Section: 13
Municipality/Zoning: Tucson - C3
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 117-07-3620
Area: Central
Subdivision: N/A
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $1,499,900
List Price: $1,499,900
Listing Date: 2025-10-22
Status: Active
Showing Information
Directions: Stone/18th-West to address.
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Attached
Construction Status: New Construction
Lot Dimensions: irregular
Lot Acres: 0.03
Total Parking: 0
Lot Sqft: 1394
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Carrillo
Middle School: Safford K-8 Magnet
High School: Tucson
Horse Facilities: No
List Price/SqFt: 639.34
Lot Size Price/SqFt: 1075.97
Combined SqFt: 2346
Year Built: 2025
Unit Info
# of Units/Studios: 2
# of Units/2 BR: 2
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 1750
# Beds: 1
# Full Baths: 1
SqFt: 391
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 108000
Total Expenses: 4986.49
Gross Scheduled Rent: 108000
Net Opp Income: 103013.51
Gas
None: 1
Unit 2 Information
Monthly Rent: 1750
# Beds: 1
# Full Baths: 1
SqFt: 391
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Street
Analysis
Gross Rent Multi: 13.89
Vacancy Rate %: 0
Exp/SqFt: 2.13
Exp % of Gross: 4.62
Cap Rate %: 6.87
Construction
Frame - Stucco: 1
Masonry Stucco: 1
Stucco Finish: 1
Unit 3 Information
Monthly Rent: 2750
# Beds: 2
# Full Baths: 1
SqFt: 782
Occupancy: No
Stories: Single
Floor: 2nd
Furnished: No
Parking: On Street
Expenses
Admin Expenses: 1000
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 1962
Maintenance Supplies: 1000
Management: 0
Resident Manager: 0
Taxes/Assessments: 1024.49
Water/Sewer: 0
Other Expenses: 0
Style
Contemporary: 1
Other: Desert Contemporary
Sewer
Connected: 1
Unit 4 Information
Monthly Rent: 2750
# Beds: 2
# Full Baths: 1
SqFt: 782
Occupancy: No
Stories: Single
Floor: 3rd
Furnished: No
Parking: On Street
Roof
Built-Up - Reflect: 1
Water
Public: 1
Living Areas
Living Room: 1
Dining Areas
Dining in LR/GR: 1
Fence
Wood: 1
Dining Room
Area: 1
View
Residential: 1
Breakfast
Eat-In: 1
Road Type
Paved: 1
Kitchen Features
Electric Range: 1
Appliance Color: Stainless
Oven: 1
Dishwasher: 1
Refrigerator: 1
Road Maintenance
City: 1
Lot Features
Borders Common Area: 1
North/South Exposure: 1
Subdivided: 1
Main Cooling
Central Air: 1
Laundry
Laundry Closet: 1
Neighborhood Features
Paved Street: 1
Sidewalks: 1
Street Lights: 1
Main Heating
Heat Pump: 1
Extra Room
None: 1
Water Heater
Electric: 1
Association & Fees
HOA Amt (Monthly): 30
HOA: Yes
Interior Features
Built-in Features: 1
Entrance Foyer: 1
Smoke Detector: 1
Bathroom Features
Dual Sinks/Primary: 1
Terms
Cash: 1
Conventional: 1
VA Loan: 1
Floor Covering
Ceramic Tile: 1
Concrete: 1
Other: LVP
Submit With Offer
Digital Signatures: Yes
Lender Pre-Approval: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Seller Title Company: Premier Title/CSTA
Window Covering
None: 1
Accessibility Option
None: 1
Window Features
Double Pane Windows: 1
Technology
Cable TV: 1
High Speed Internet: 1
Security
None: 1
Landscape - Front
Decorative Gravel: 1
Desert Plantings: 1
Low Care: 1
Landscape - Rear
Decorative Gravel: 1
Low Care: 1
Patio/Deck
Balcony: 1
Covered: 1
Deck: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Sewer: Tenant
Taxes: Owner
Trash: Tenant
Water: Tenant
Pool
None: 1
Property Disclosures
Public Report: 1
Site Plan: 1
CC&Rs: 1
Spa
None: 1
Special Conditions
None: 1
Driveway
None: 1
RV Parking
Other: None
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: Yes
Deed Restrictions: Yes
Assoc Amenities
None: 1
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.212393
Geo Lon: -110.96944
Property Features
Construction: Frame - Stucco; Masonry Stucco; Stucco Finish
Style: Contemporary
Roof: Built-Up - Reflect
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: Eat-In
Kitchen Features: Electric Range; Dishwasher; Refrigerator
Bathroom Features: Dual Sinks/Primary
Laundry: Laundry Closet
Extra Room: None
Interior Features: Built-in Features; Entrance Foyer; Smoke Detector
Floor Covering: Ceramic Tile; Concrete
Window Covering: None
Window Features: Double Pane Windows
Technology: Cable TV; High Speed Internet
Main Cooling: Central Air
Main Heating: Heat Pump
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Wood
Landscape - Front: Decorative Gravel; Desert Plantings; Low Care
Landscape - Rear: Decorative Gravel; Low Care
View: Residential
Road Type: Paved
Driveway: None
Exterior Feature: None
Lot Features: Borders Common Area; North/South Exposure; Subdivided
Neighborhood Features: Paved Street; Sidewalks; Street Lights
Assoc Amenities: None
Terms: Cash; Conventional; VA Loan
Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Public Report; Site Plan; CC&Rs
Special Conditions: None
Documents
CC & R's ›
1st Floor - Floor Plan ›
Listing Office:
Long Realty
Last Updated: December - 04 - 2025
Broker Attribution:
5204903758
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