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$1,395,000
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Property 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, 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.
Full Property Details
Full Property Details for 21 W Lalo Way
General
- Price: $1,395,000
- HOA FEE: $30
- Taxes: (2024)
- Status: Active
- Type: Multi-Family
- Source: MLSSAZ
- MLS ID: 22527438
Interior
- Interior Features: Built-in Features, Entrance Foyer
- Appliances: Electric Range, Dishwasher, Refrigerator
- Flooring: Other, Concrete, Ceramic Tile
Rooms
Other Rooms
- Laundry: Laundry Closet, Laundry Closet
Additional Information
- Shared Amenities: None
- Pool Description: None
- Security/Safety: None
Exterior
- Exterior Features: Balcony, None
- Deck/Patio: Covered, Deck
- Porch/Patio/Deck: Covered, Deck
Parking
- Parking Features: None
Location
- Area: Central
- County: Pima
- Driving Directions: Stone/18th-West to address.
School Information
- School District: TUSD
- High School District: TUSD
- Elementary School: Carrillo
- Middle School: Safford K-8 Magnet
- High School: Tucson
Community
- Community Name: None
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- Architectural Style: Other, Contemporary
- Construction Status: New Construction
- Construction: Frame - Stucco, Masonry Stucco, Stucco Finish
- Roof: Built-Up - Reflect
- Windows: Double Pane Windows
- Square Feet: 2,346
- Living Area: 2,346 Sq. Ft.
- Year Built: 2025
Unit Information
- Units in Building: 4
Lot Features
- Property View: Residential
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,394
- Lot Size Range: 13
- Lot Size Source: Assessor
- Lot Dimensions: irregular
- Street/Road Desc.: Paved
- Road Maintenance: City
- Fence: Yes
- Lot Features: Borders Common Area, North/South Exposure, Subdivided, Decorative Gravel
- Zoning: Tucson - C3
- Fencing (Description): Wood
Financial Considerations
- Association Fee: Yes
- Association Fee: $30
- Tax Year: 2024
- Terms: VA Loan, Conventional, Cash
Disclosures and Reports
- Ownership: Fee (Simple)
- Special Conditions: None
- Legal Description: 18 West 18th Street Sq20211440619 Lot 17
- APN: 117-07-3620
Listed by Long Realty
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Schools
Schools serving 21 W Lalo Way
School District:Tucson Unified District
| Name | Grades | Distance |
|---|---|---|
W V Whitmore Elementary School 5330 East Glenn Street, Tucson, AZ 85712 | PK-5 | 0.8 mi |
Catalina High Magnet School 3645 East Pima Street, Tucson, AZ 85716 | 9-12 | 1.6 mi |
Doolen Middle School 2400 North Country Club Road, Tucson, AZ 85716 | 6-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 21 W Lalo Way
21 W Lalo Way, Tucson, AZ 85701 (MLS# 22527438) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 21 W Lalo Way is currently listed for $1,395,000 and was received on October 22, 2025. Want to learn more about 21 W Lalo Way? Do you have questions about finding other Multi-Family real estate for sale in Central? You can browse all Central real estate or contact a Coldwell Banker agent to request more information.

