$799,000
Flagstaff, AZ 86001
MLS# 204243
3253 sqft
1 / 57
Property Description
Location, Location, Location! This 5 unit multi-family property is located just a stone's throw from the south campus of NAU. The front house has two separate rentals, Downstairs is a 2 bed 1 bath and upstairs is a 1 bed 1 bath. The third unit is a 1 bed 1 bath, #4 is a 2 bed 1 bath and #5 is another 1 bed 1 bath. All of these units have newer carpet and paint, newer appliances, hot water heaters, etc. There also is a laundry room on site that has one set of coin operated washer and dryers and hookups for another. All units are separately metered for gas and electric. The vacancy rate on this property is very low! Don't miss out on this investment opportunity!
Details
Contract Information
Owner/Agent: No
List Price/SqFt: 245.61
Short Term Rental Allowed (Y/N): Yes
Transaction Type: Sale
Status: Active
Public Marketing Date: 2026-04-27
Current Price: $799,000
List Price: $799,000
Property Sub-Type: Multi Family
Location, Tax & Legal
Region: 20 - South West City
APN: 10316011
Unit #: 1-5
Cross Street: Franklin
Legal Description: SUBDIVISION: NORMAL SCHOOL ADD BLOCK: 176 LOT: 19 AND:- LOT: 20 SIXTEENTH: SE QUARTER: NE SECTION: 21 TOWNSHIP: 21N RANG
Taxes: 2975
Tax Year: 2025
County: Coconino
Area: 299 - Other SouthWest City
Street #: 505
Direction: S
Street Name: San Francisco
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.191487
Geo Lon: -111.651081
General Property Description
Year Built: 1945
Year Built Source: County
Key Words
Sale/Rent Description: For Sale
Net Op Inc: $20,000 - 49,999
Cap Rate: 1 - 7.9%
Vacancy %: 1%
Down Payment: Submit
Imprv Sz (Gross SF): 3,000 - 5,999
Land Size: 6,001 - 12,000 SF
# Units: 5 - 8
Remarks & Misc
Directions: Route 66 and then go south on San Francisco
Inc/Exp (Annual)
Scheduled Income $: 83400
- Vacancy $: 834
Vacancy Rate %: 1
+ Other Income: 2400
= Gross Op Income $: 84966
- Op Expenses $: 26000
To Show
Appt Only/CLO: 1
Leases
1 Year +: 1
Owner Pays
Common Area Maintenance: 1
Hot Water: 1
HVAC Maintenance: 1
Insurance: 1
Management: 1
Sewer: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Water: 1
Exterior Maintenance: 1
Repairs: 1
Tenant Pays
Electricity: 1
Gas: 1
Pest Control: 1
Util incld in Rent
Sewer: 1
Trash Collection: 1
Water: 1
Potential Terms
Cash: 1
Other: Commercial loan
Interior Amenities
Carpet/Tile: 1
Duo-Pane Wind.: 1
Range/Ovens: 1
Refrigerators: 1
Exterior Amenities
Laundry Room: 1
Flood Zone
A-100Yr: 1
Lot Street Imprvmnts
Paved Street: 1
Sidewalks: 1
Street Parking: 1
Utilities
Cable Available: 1
City Water: 1
Electricity Available: 1
Indiv. Metered: 1
Natural Gas: 1
Phone Available: 1
Sewer: 1
Heating
Natural Gas: 1
Cooling
None: 1
Management
Mgmt. Co.: 1
Construction
Masonry: 1
Roof
Asphalt Shingle: 1
Currently Not Used
Approx SqFt: 3253
Property Features
To Show: Appt Only/CLO
Leases: 1 Year +
Owner Pays: Common Area Maintenance; Hot Water; HVAC Maintenance; Insurance; Management; Sewer; Snow Removal; Taxes; Trash Collection; Water; Exterior Maintenance; Repairs
Tenant Pays: Electricity; Gas; Pest Control
Util incld in Rent: Sewer; Trash Collection; Water
Potential Terms: Cash
Interior Amenities: Carpet/Tile; Duo-Pane Wind.; Range/Ovens; Refrigerators
Exterior Amenities: Laundry Room
Lot Street Imprvmnts: Paved Street; Sidewalks; Street Parking
Utilities: Cable Available; City Water; Electricity Available; Indiv. Metered; Natural Gas; Phone Available; Sewer
Heating: Natural Gas
Cooling: None
Construction: Masonry
Roof: Asphalt Shingle
Flood Zone: A-100Yr
Management: Mgmt. Co.
IDX
Listing Office: Sun Mountain Properties
Last Updated: June - 04 - 2026
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