Discover an exceptional opportunity to invest in a centrally located multi-family lot in Flagstaff's prime rental area. Boasting valuable high-density zoning, this property offers unmatched flexibility for various development possibilities. Conveniently situated near shopping, the medical center, downtown, and hiking trails. Comprising one older home and one mobile home, this ensemble presents a canvas for visionary investors. Positioned in an area of high demand and with zoning that allows for significant development. This opportunity allows the flexibility to embark on a revitalization project or to maintain the current fully leases property. Also listed with 2 additional adjoining parcels for $1.5m. All three Parcels available separately.
Discover a rare opportunity with this trio of properties (sale includes parcel numbers 10910051, 10910050, 10910049) each boasting a coveted high-density residential zoning status. Comprising three older homes and three mobile homes, this ensemble presents a canvas for visionary investors. The city has indicated the potential for a 12 - 14 unit apartment building on the premises, offering an exciting prospect for those seeking a strategic investment. Buyer to verify. Positioned in an area of high demand and with zoning that allows for significant development. Whether you aspire to embark on a revitalization project or prefer to maintain the current tenancy, the possibilities are as vast as the potential returns. Currently, the properties are fully leased, ensuring immediate income.
Discover an exceptional opportunity to invest in a centrally located multi-family lot in Flagstaff's prime rental area. Boasting valuable high-density zoning, this property offers unmatched flexibility for various development possibilities. Conveniently situated near shopping, the medical center, downtown, and hiking trails. Comprising one older home and one mobile home, this ensemble presents a canvas for visionary investors. Positioned in an area of high demand and with zoning that allows for significant development. This opportunity allows the flexibility to embark on a revitalization project or to maintain the current fully leases property. Also listed with 2 additional adjoining parcels (MLS 195725)
*estimated completion: 6/1/2025* This is an investor's dream - a new duplex in the heart of east Flagstaff's booming 4th Street corridor! Forget maintenance and upkeep, this property is brand new with a 2 year builder's warranty and will save you expensive maintenance headaches for years to come. This beautiful property is located right in the middle of town, with convenient access to everything Flagstaff has to offer. Walking distance to dining and shopping. Don't miss this lucrative opportunity! Photos are of a recently completed project with exact same floor plan. Waiting on permit issuance from COF. Estimated completion date: 5/31/25. Note pending lot split (see photos). Owner/Agent
Here it is! The Coconino Estates home with an ADU you've been waiting for! Main house house has a split floor plan with the converted garage turned into a luxurious Primary suite. Wood accents throughout the home provide warmth and coziness. The landscaped front and back yard are perfect for entertaining family and friends. Just a short walk to the grocery store, Mama Burger, Frances Short Pond, Thorpe Park, and the tree park! The ADU is 1 bed 1 bath with a sizable living area and full kitchen! New roof and furnace in 2020. 3 custom doors in 2023 (3 year warranty). New Carpet 2023. Both units are currently rented out (Call agent for details). Don't miss your chance to see this incredible income producing property!
Terrific centrally located triplex with monthly income totaling $4,400. All utilities metered separately and paid by tenants except the water/sewer for units 1&3. Tenants on yearly leases that end in May/May/July 2023.Several recent updates among the units.Seller is a licensed real estate agent in the state of Arizona.
Flagstaff Villas offers investors a unique opportunity to capitalize on a well-maintained investment property in the heart of Flagstaff, AZ. The new owner of this investment property will have a prime opportunity to take advantage of Flagstaff's popularity with a mix of short-term or long-term rental opportunities.8-Unit, Garden-Style Property, Built in 1963. Favorable Mix of 100% 2-Bed / 1-Bath Units. All Units Recently Renovated With Vinyl Flooring, White Shaker Cabinetry, Quartz Countertops, & Stainless Steel Appliances. All Units Feature In-Suite Stackable Washer & Dryer. Large On-Site Laundry/Maintenance Room With New Plumbing & Electrical, Allows for Addition of a Studio Unit.
A property like this does not go on the market very often; it is amazing. In addition to a three-bedroom, one-bath, single family residence, there is also a separate duplex on the property. Each apartment of the duplex has four bedroom suites, each with a private bathroom. The single family residence is a bit dated but has a lot of potential. Please speak to the listing agent to understand the available options as building permits have already been obtained for the property. It is located less than a mile from the NAU campus, and has been used as very profitable short-term rental.
Very well-maintained triplex. Front unit is the original home from 1935 that has loads of charm and the back duplex unit was built in 1984 and is thoughtfully laid out. All units have been fully renovated within the last 5 years. New copper/pex waterlines, siding, flooring, paint, porches, fencing, and double-pane windows throughout. Each unit has two off-street parking spots. Excellent location, close to stores and restaurants and just a couple blocks away from the new Killip Elementary School. Great income property with 100% occupancy. This is an outstanding investment opportunity or would offer a great live-in option for a potential buyer. Multi-family properties within Flagstaff are in short supply, do not let this one slip by!
GREAT INVESTMENT PROPERTY! College student rental. This duplex consists of a total of 10 bedrooms and 10 bathrooms, all rooms have private baths and are lockable. Common area includes HUGE living/dining/kitchen. Consistently rented to the same sorority for 8 years, but always have a waiting list. 2 leases with 5 per lease. Gross rent is $8000/month, leased until August. Built in 2013 by Hope Construction, high quality builder and very energy efficient property. Very popular due to being very close to the University AND downtown Flagstaff. Room for rents to go up. Get this great CASH FLOW property!! Owner/agent
The median home value in Flagstaff, AZ is $695,000. This is higher than the county median home value of $572,100. The national median home value is $338,100. The average price of homes sold in Flagstaff, AZ is $695,000. Approximately 39.26% of Flagstaff homes are owned, compared to 47.73% rented, while 13.01% are vacant. Flagstaff real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Flagstaff real estate agent to arrange a tour today!
Flagstaff, Arizona has a population of 76,228. Flagstaff is more family-centric than the surrounding county with 33.21% of the households containing married families with children. The county average for households married with children is 28.76%.
The median household income in Flagstaff, Arizona is $61,026. The median household income for the surrounding county is $61,888 compared to the national median of $69,021. The median age of people living in Flagstaff is 25.8 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 20.7 inches per year, with 81 inches of snow per year.