Stratford Residence

2524 E Lester St, Tucson, AZ 85716

Property Information

  • For Sale $575,000
  • Property Type Other
  • Property Size 1,260 SF
  • Units 2
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2026
  • Date Updated Jul 1, 2026

Description

2524 E Lester Street is positioned in Tucson’s desirable Blenman-Elm neighborhood, one of Central Tucson’s established infill pockets known for its proximity to the University of Arizona, Banner - University Medical Center, neighborhood dining, coffee shops, and everyday services. The property benefits from a central location that supports multiple tenant demand profiles, including university-related stays, medical professionals, traveling nurses, visiting faculty, relocation tenants, and lifestyle-driven renters seeking access to Tucson’s urban core. The surrounding area offers a walkable and bikeable neighborhood feel with quick access to restaurants, local food and beverage options such as Sonoran House, nearby retail amenities, and major corridors connecting to Downtown Tucson, Midtown, Campbell Avenue, Speedway Boulevard, and the broader central city. This location creates a strong foundation for short-term rental, mid-term furnished rental, or traditional residential use, subject to buyer verification of all applicable zoning, permitting, and rental regulations.2524 E Lester Street presents a unique Central Tucson value-add opportunity in the desirable Blenman-Elm neighborhood. The property offers a clean, modern residential asset with updated interior finishes, furnishings included, and a setup oriented toward short-term rental use. A separate 320 SF container-style unit has already been placed on site, and utility work for the additional unit has been completed, creating a strong head start for a buyer to finish the interior, stabilize the space, and potentially create an additional income stream. The property is well-positioned near the University of Arizona, Banner - University Medical Center, Central Tucson, neighborhood restaurants, coffee shops, and local destinations including Sonoran House. The location supports multiple rental strategies, including short-term rental where legally permitted, mid-term furnished rental, traveling nurse housing, university-related housing, or traditional rental use. With the 320 SF unit still needing interior completion, the offering gives investors a clear path to add value through build-out, furnishing, lease-up, operational execution, and improved income performance.

Highlights

  • Absolutely — here’s the revised version with furnishings and short-term rental setup included.
  • Close proximity to University of Arizona, Banner - University Medical Center, restaurants, coffee, neighborhood services, and Central Tucson amenities
  • Flexible investment strategy: traditional rental, mid-term furnished rental, traveling nurse housing, university-related tenant demand, or STR where legally permitted
  • furnishings included setup for short term rental
  • Interior of the 320 SF unit still needs to be completed, creating a value-add opportunity for the next owner
  • Located in the desirable Blenman-Elm neighborhood of Central Tucson
  • Low-maintenance desert yard with private fenced setting
  • Modern, updated interior with clean finishes, stainless appliances, updated kitchen, updated bath, and mini-split HVAC
  • Offered at $575,000 with upside tied to completion of the additional unit and professional rental execution
  • Potential to create an additional rental income stream upon completion of the separate unit, subject to buyer verification of permits, zoning, and rental eligibility
  • Sale Description
  • Separate 320 SF container-style unit has been placed on site
  • Strong repositioning story with opportunity to complete, furnish, lease, stabilize, and potentially refinance or resell after income growth
  • Thought for 5s
  • Utility work for the 320 SF unit has been completed

Contacts

Location

Located at 2524 E Lester St, Tucson, AZ 85716, this property is part of the Blenman - Elm neighborhood and Tucson market.

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