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
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.
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!
The median home value in Flagstaff, AZ is $565,400. This is lower 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 $565,400. 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 86004 has a population of 76,228. Flagstaff 86004 is less family-centric than the surrounding county with 15.77% 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 86004 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 86004 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.