Value-Add Furnished Rental Asset Near UA & Banner | 320 SF Casita/ADU Upside

Highlights:

• Lot Dimension: 43' × 130' × 55' × 30' × 100'

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.

---

Report Listing This listing was syndicated through:

Listing ID: 928c8688-f933-445a-80bc-b4545922255e