Five unit well maintained apartment complex located in the north University sub-market. The property is comprised of two buildings with a courtyard on a .4 acre corner lot completely walled with off street parking and covered patios. All units are 2/1 floor plans and include central AC/heat, washer and dryer, plank vinyl and ceramic flooring and fire places in each unit. All tenants are on leases through 7/31/2021. Four or the five tenants are long term with an occupancy of 3-5 years paying under market rents. Similar units in the immediate are are a minimum of $950 per month. Out of state owner manages the property with an onsite tenant/resident manager with a $200 per month rent decrease. numbers shown area based on 2020 expenses and current rent roll. Financials under documents tab.
Multi-familyProperty Type
1979Year Built
0.42 acresLot Size
10 spacesParking
Listed by Steven J. Fowler• Better Homes & Gardens Real Estate SJ Fowler
Custom Crafted 5-plex Near U-a. New Roofs, Coolers, Fireplaces In All Units. Outstanding Construction In Top Condition. Original Owner Is Retiring From Real Estate. Rents Are Low For U-a Proximity. Show This Beauty To Your quality Turn-key Buyer...They Won't Be Disappointed!!!
Public Records
Aug 1, 1978
Sold
$17,500
Year
Property tax
Land + Additions
Assessment*
2025
$3,912 (+4.2%)
2024
$3,753 (+6.0%)
2023
$3,541 (−0.5%)
2022
$3,558 (−0.5%)
2021
$3,578 (+3.1%)
2020
$3,469 (−3.4%)
2019
$3,591 (+2.2%)
2018
$3,512 (+0.6%)
2017
$3,492 (−2.7%)
2016
$3,590 (−1.7%)
2015
$3,653 (−4.5%)
2014
$3,824 (+4.7%)
$5,208 + $17,334
$22,542
2013
$3,652
$5,208 + $17,334
$22,542
Tax history for 602 E Lester St
Year
Property tax
Land + Additions
Assessment*
2025
$3,912 (+4.2%)
2024
$3,753 (+6.0%)
2023
$3,541 (−0.5%)
2022
$3,558 (−0.5%)
2021
$3,578 (+3.1%)
2020
$3,469 (−3.4%)
2019
$3,591 (+2.2%)
2018
$3,512 (+0.6%)
2017
$3,492 (−2.7%)
2016
$3,590 (−1.7%)
2015
$3,653 (−4.5%)
2014
$3,824 (+4.7%)
$5,208 + $17,334
$22,542
2013
$3,652
$5,208 + $17,334
$22,542
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.4 Acres
Year renovated
1979
Sq. Ft.
2,296
Year built
1979
Style
Multi-Family (5+ Unit)
County
Pima County
APN
11502145C
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R-2
Residence
This zone provides for medium density, single-family and multifamily, residential development, together with schools, parks, and other public services necessary for an urban residential environment. Select other uses, such as day care and urban agriculture, are permitted that provide reasonable compatibility with adjoining residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Office
Fire house
Police station
Agriculture-Cropland
Cemetery
Park & open space
Apr 28, 2025 • Final
Commercial addition/alteration
Permit preexisting washer and dryer hookups and electrical work installed by a previous owner.
Electrical
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.