Listing provided courtesy of Long Realty- MLS# 22527438MLS ProviderContact Information: 5204903758

21 W Lalo WayTucson, AZ 85701

Multi-Family · 2,346 Sq. ft. | 0.03 Acres
$1,395,000 Active

21 W Lalo Way Overview

Time on Site:
251 days
Visits:
38

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

21 W Lalo Way Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,346
  • Price/Sq.ft. $595
  • Lot 0.03 Acres

Details

General

Association/HOA

  • Association Amenities: None
  • Association Fee (Monthly): $30.00
  • Association: Yes

School Information

  • School District: TUSD
  • Elementary School: Carrillo
  • Middle Or Junior School: Safford K-8 Magnet
  • High School: Tucson

Income/Expenses

  • Gross Income: 108000.0
  • Gross Scheduled Income: 108000.0
  • Insurance Expense: 1962.0
  • Net Operating Income: 103013.51
  • New Taxes Expense: 1024.49
  • Operating Expense: 4986.49

Building Information

  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Pima
  • MLS Area Major: Central
  • MLS Area Minor: Central
  • Subdivision Name: N/A
  • Township: 14

Community/Development

  • Community Features: Sidewalks,Street Lights

Tax Information

  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,VA Loan
  • Ownership: Investor
  • Parcel Number: 117-07-3620
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: Tucson - C3

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2346.0

General Information

  • Accessibility Features: None
  • Appliances: Electric Range,Dishwasher,Refrigerator
  • Flooring: Ceramic Tile,Concrete
  • Interior Features: Entrance Foyer,Built-in Features
  • Laundry Features: Laundry Closet
  • Living Area: 2346.0
  • Security Features: None
  • Spa Features: None
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: None
  • Parking Total: 0

Lot Information

  • Lot Features: Decorative Gravel,Borders Common Area,North/South Exposure,Subdivided
  • Lot Size Dimensions: irregular
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1394.0
  • Lot Size Units: Acres
  • Road Responsibility: City
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Residential

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Construction Materials: Frame - Stucco,Masonry Stucco,Stucco
  • Patio And Porch Features: Deck,Covered
  • Roof: Built-Up - Reflect

General Information

  • Exterior Features: Balcony,None
  • Fencing: Wood
  • Horse: No
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Sewer Connected

21 W Lalo Way Neighborhood

Community

85701 (Tucson) Demographics

35
Median Age
3,650
Population Density (per sq. mile)
58%
College Educated
$45,862
Estimated Median Income
654
Estimated Total Home Owners
2,096
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

21 W Lalo Way Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

21 W Lalo Way Market Data

Based on the last 30 days in this zip code

$504,377
Average List Price
$343
Average Price per Square Foot
4
Properties Sold
95
Average Days on Market
34
Properties for Sale
Calculations provided by Reliance Network

21 W Lalo Way History

Date Event Value Agent
3/6/2026Source: MLSSAZ - Tucson Price Reduction
$1,395,000 -7.0%
Anthony Schaefer - The Schaefer Team
Listing Agent
2/2/2026Source: MLSSAZ - Tucson Added to Database
October 22, 2025
Anthony Schaefer - The Schaefer Team
Listing Agent