2816 N 3rd Street, Flagstaff, AZ 86004 (MLS# 206227)


$2,360,000
2816 N 3rd Street
Flagstaff, AZ 86004
MLS# 206227
5760 sqft


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Flagstaff_Villas_-_Courtyard_edited 2816 N Third St, Unit 3-4 2816 N Third St, Unit 3-3 IMG_3273 2816 N Third St, Unit 3-6 2816 N Third St, Unit 3-7 2816 N Third St, Unit 3-10 2816 N Third St, Unit 3-8 2816 N Third St, Unit 3-9 2816 N Third St, Unit 3-16 2816 N Third St, Unit 3-12 2816 N Third St, Unit 3-11 2816 N Third St, Unit 3-15 2816 N Third St, Unit 3-14 2816 N Third St, Unit 3-13 2816 N Third St, Unit 3-5 Photo Feb 17, 9 27 24 AM (1)

Property Description
Flagstaff Villas is an 8-unit garden-style community in Flagstaff's Sunnyside neighborhood offering all 2 bed / 1 bath units. Built in 1963 with extensive renovations since 2020: new roofs, fascia, gutters, sewer and water service lines, electrical lines and sub panels, full interior upgrades, concrete walkways, exterior paint, landscaping and driveway. Interiors feature vinyl flooring, white shaker cabinetry, quartz countertops, stainless steel appliances, new HVAC and water heaters, and in-suite washer/dryers. Electric individually metered; water billed back via RUBS. Large on-site maintenance room with new plumbing and electrical allows for potential addition of a studio unit. Minutes to the Sawmill District, NAU and Downtown Flagstaff. Sale includes 2 parcels. Owner/Agent Sale.

Details
Contract Information
Status: Active
Public Marketing Date: 2026-09-24
Current Price: $2,360,000
List Price: $2,360,000
List Price/SqFt: 409.72
Owner/Agent: Yes
Property Sub-Type: Multi Family
Transaction Type: Sale
Location, Tax & Legal
County: Coconino
Area: 400 - Sunnyside
Street #: 2816
Direction: N
Street Name: 3rd
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Geo Lat: 35.215833
Geo Lon: -111.614232
General Property Description
# of Units: 8
Year Built: 1963
Year Built Source: County
Lot Dimensions: 11,992 SF (2 lots)
Key Words
Sale/Rent Description: For Sale
Net Op Inc: $100,000 - 149,999
Vacancy %: 3%
Cap Rate: 1 - 7.9%
Imprv Sz (Gross SF): 3,000 - 5,999
Land Size: 6,001 - 12,000 SF
# Units: 5 - 8
Down Payment: $0 - 4,999
Currently Not Used
Approx SqFt: 5760
Property Features
To Show: Appt Only/CLO
Leases: 1 Year +
Owner Pays: Grounds Care; Insurance; Management; Sewer; Taxes; Trash Collection; Water; Repairs
Tenant Pays: Electricity; Gas
Potential Terms: Cash; Conventional
Interior Amenities: Dishwashers; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.
Exterior Amenities: Landscaped; Laundry Room; Porch/Patio
Docs on File: Aerial Photo; Current P & L; Leases; Legal Descrip.; Owner Op Stmnt
Lot Street Imprvmnts: Paved Street; Unpaved Parking
Utilities: City Water; Electricity Available; Indiv. Metered; Natural Gas; Sewer
Heating: Central; Natural Gas
Cooling: Central Air
Construction: Masonry
Roof: Asphalt Shingle; Pitched
Management: Mgmt. Co.

IDX
Listing Office: ABI Multifamily
Source MLS Verified

Last Updated: October - 07 - 2026

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