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Flagstaff, AZ Multifamily Homes & Duplexes for Sale

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  • /36

    $1,525,000

    • 3,366 Sq Ft

    11 E Sullivan Ave, Flagstaff, AZ 86004

    Modern Downtown Flagstaff Duplex - Prime Investment Opportunity!Check out this stunning, newly built (2022) duplex located in the vibrant heart of downtown Flagstaff. Each side of this beautifully designed property offers 3 spacious bedrooms, 2.5 modern bathrooms, and an attached 2-car garage, all thoughtfully laid out across 1,650 sq ft of contemporary living space.Perfectly

    Agent Photo

    Jacquie Kellogg

    West USA Realty Flagstaff

    (520) 677-1553

    11 E Sullivan Ave, Flagstaff, AZ 86004
  • /35

    $5,300,000

    • 13,972 Sq Ft

    315 N Bonito St, Flagstaff, AZ 86001

    Introducing a premier investment opportunity in the heart of downtown Flagstaff: a bundled portfolio featuring 601 W Dale Ave and 315 N Bonito St. This offering comprises three buildings housing a total of 12 spacious 2- and 3-bedroom units, delivering both immediate rental income and long-term appreciation potential.Property OverviewTotal Units: 12 (mix of 2- and 3-bedroom

    Agent Photo

    Jacquie Kellogg

    West USA Realty Flagstaff

    (520) 614-0216

    315 N Bonito St, Flagstaff, AZ 86001
  • /39

    $1,050,000

    203 & 205 S Spring St, Flagstaff, AZ 86001

    An exceptional opportunity in one of Flagstaff's most sought-after neighborhoods, just blocks from downtown! This unique property features two detached homes on one lot, combining historic charm with unmatched convenience. Perfect for investors, multi-generational living, or future redevelopment potential.This one-of-a-kind property includes a beautifully preserved single-level 3-bed/ 1-bath

    Valerie Caro Flagstaff Top Producers Real Estate

    203 & 205 S Spring St, Flagstaff, AZ 86001
  • /48

    $1,389,000

    • 1,476 Sq Ft

    1662 E Mountain View Ave, Flagstaff, AZ 86004

    Unlock the possibilities with this exceptional property featuring two charming homes in a prime Flagstaff location—just minutes from downtown and a short drive to Snowbowl, Sedona, and the Grand Canyon. Whether you're an investor seeking a high-performing short-term rental (STR) or a homeowner looking for a unique living arrangement with income potential, this turn-key property is a must-see!

    Kelly Broaddus eXp Realty

    1662 E Mountain View Ave, Flagstaff, AZ 86004
  • /12

    $599,000

    • 1,488 Sq Ft

    2502 N Main St, Flagstaff, AZ 86004

    Investment opportunity! This Duplex sits on a treed corner lot with ample parking. 2/1 and a 1/1. Laminate and tile flooring. Fenced yard and 3 storage sheds. 0 percent vacancy history.

    Elisa Kelley Realty One Group, Mountain Desert

    2502 N Main St, Flagstaff, AZ 86004
  • /39

    $999,000

    • 4 Beds
    • 2.5 Baths
    • 1,866 Sq Ft

    4240 S Lariat Loop, Flagstaff, AZ 86001

    Stunning 4-bedroom, 2.5-bath home on the 4th fairway in the Troon managed, 24/7 guard-gated Flagstaff Ranch Golf Club community. Featuring soaring ceilings, a cozy fireplace, and a gourmet kitchen with granite counters, stainless appliances, and gas cook top. The primary suite offers a walk-in closet, dual vanities, soaking tub, and tiled shower. Relax on the covered back deck overlooking the

    Marie Dagenais Russ Lyon Sotheby's International Realty

    4240 S Lariat Loop, Flagstaff, AZ 86001
  • /13

    $950,000

    • 2,400 Sq Ft

    607 W Tucson Ave, Flagstaff, AZ 86001

    Investor opportunity close to NAU and downtown! This 4-Plex has had long term tenants and a 0 percent vacancy history. Four 1 bedroom/1 bathroom units with separate backyards. Separate gas and electric meters. A lucrative opportunity!

    Elisa Kelley Realty One Group, Mountain Desert

    607 W Tucson Ave, Flagstaff, AZ 86001
  • /16

    $1,500,000

    • 6,327 Sq Ft

    102 S O'Leary St, Flagstaff, AZ 86001

    Nestled in the heart of Flagstaff's storied southside district, this rare offering comprises three improved contiguous parcels totaling .58 acres, each zoned for high-density residential for conjoined development. This is a once-in-a-generation opportunity to shape the future of a vibrant, established neighborhood known for its architectural charm, community spirit, and proximity to urban

    Darien Degher Coldwell Banker Northland

    102 S O'Leary St, Flagstaff, AZ 86001
  • /13

    $649,000

    • 1,986 Sq Ft

    609 S O'Leary St, Flagstaff, AZ 86001

    Rare Multi-Family Opportunity Near NAU! Fully occupied with zero vacancy, this well-maintained triplex offers strong income potential in one of Flagstaff's most desirable rental areas. Zoned High-Density Residential, it allows for future flexibility and development options. The location is ideal—just minutes from NAU, Whole Foods and Historic Downtown Flagstaff. The front unit has been fully

    Rosa Jo Leonardis da Vinci Realty

    609 S O'Leary St, Flagstaff, AZ 86001
  • /26

    $1,285,000

    • 2,390 Sq Ft

    815 N Beaver St, Flagstaff, AZ 86001

    Just steps from downtown shops, NAU, festivals, and trails, this fully renovated triplex blends charm and income potential. The 3BD/2BA main house and two 1BD/1BA apartments are currently thriving short-term rentals (150,000+ annual gross revenue and many furnishings included). Each unit is thoughtfully updated and furnished for comfort and style. Stroll to the farmer's market, endless downtown

    Travis Hinton Citiea Realty Group LLC

    815 N Beaver St, Flagstaff, AZ 86001
  • /40

    $1,649,000

    • 3 Beds
    • 2 Baths
    • 1,981 Sq Ft

    1749 E Bent Tree Cir Unit 20, Flagstaff, AZ 86005

    Experience effortless mountain living in this stunning single-level luxury condo located in the heart of Pine Canyon. With no interior steps and a premium main-floor location, this fully furnished, turn-key residence offers expansive views of the golf practice facility, embracing true elegance and comfort. A private courtyard entry surrounded by lush landscaping sets a serene tone, while inside,

    Khyl Clemenshaw Silverleaf Realty

    1749 E Bent Tree Cir Unit 20, Flagstaff, AZ 86005
  • /65

    $887,500

    • 3 Beds
    • 3.5 Baths
    • 2,368 Sq Ft

    3019 N Tam O'Shanter Dr Unit 1, Flagstaff, AZ 86004

    Charming Dual-Unit Home Nestled in the Pines of Country Club Estates yet outside the HOA!Welcome to this beautifully maintained and versatile property tucked into a serene hillside lot in the sought-after Country Club Estates neighborhood. Surrounded by majestic Ponderosa pines and set in a peaceful setting, this unique home features two separate living units under one roof, offering a

    Kelly Broaddus eXp Realty

    3019 N Tam O'Shanter Dr Unit 1, Flagstaff, AZ 86004
  • /23

    $399,900

    • 2 Beds
    • 2 Baths
    • 1,104 Sq Ft

    1401 N 4th St Unit 234, Flagstaff, AZ 86004

    Majestic views of the Peaks and Mt. Elden from this Condo in Summit Park. This 2nd floor unit with 2 bedrooms and 2 full baths has Bamboo floors throughout, a gas fireplace, upgraded appliances a split floor plan. It is ready for you to call this property home!

    Ty Van Dyke Russ Lyon Sotheby's International Realty

    1401 N 4th St Unit 234, Flagstaff, AZ 86004
  • /50

    $550,000

    • 2,064 Sq Ft

    2021 N 3rd St, Flagstaff, AZ 86004

    Rare Opportunity - 2 Homes on 1 Lot in Flagstaff!Don't miss this fully remodeled multi-unit property offering exceptional flexibility and income potential. Unit 1 features 3 spacious bedrooms and 2 full bathrooms, while Unit 2 includes 2 bedrooms and 1 bathroom - perfect for extended family, guests, or tenants. Each unit has been thoughtfully updated with modern finishes and is move-in

    Andrew Meyer RE/MAX Fine Properties

    2021 N 3rd St, Flagstaff, AZ 86004
  • /59

    $1,199,000 Open Sun 12PM - 3PM

    • 5 Beds
    • 4 Baths
    • 3,690 Sq Ft

    2353 N Ricke Ln, Flagstaff, AZ 86004

    This beautifully maintained home sits at the top of Walnut Ridge Estates on a fenced-in 0.39acre corner lot with mountain views. Easy access to the duck pond, Campbell Mesa loops, and the AZ trail provides access to some of the greatest outdoors Flagstaff has to offer! Recent upgrades include: induction stove for clean and fast cooking (gas hookup is available),refrigerator, water

    Renee Gaun Russ Lyon Sotheby's International Realty

    2353 N Ricke Ln, Flagstaff, AZ 86004
  • /58

    $1,699,999

    • 5 Beds
    • 3.5 Baths
    • 4,021 Sq Ft

    4536 N Brackin Ranch Rd, Flagstaff, AZ 86001

    This stunning log sided home with a metal roof is situated on 2.19 acres backed by Forest Service and has a direct view, from the wraparound porch, of the San Francisco Peaks. Boasting 5 bedrooms and 3.5 baths, this home features a primary suite and another bedroom with a private bath are on the main floor. In addition, there is a pool/ping pong room, a spacious living room with an enormous

    Phebe Knorr RE/MAX Fine Properties

    4536 N Brackin Ranch Rd, Flagstaff, AZ 86001
  • /40

    $1,650,000

    • 3,648 Sq Ft

    309 N Humphreys St, Flagstaff, AZ 86001

    Discover this updated income property located on a high-profile corner lot in the heart of Historic Downtown Flagstaff. Wonderful Historic Downton property circa 1906 Lindemann House.. Zoned Community Commercial with a variety of prior commercial uses.This property features five fine residences: 3 fully furnished and highly successful short term rentals (STR's) and 2 long term rentals - a

    Bruce Bourne Linton Real Estate

    309 N Humphreys St, Flagstaff, AZ 86001
  • /8

    $2,390,000

    • 6,688 Sq Ft

    1919 E Arrowhead Ave, Flagstaff, AZ 86004

    OWNER MAY CARRY WITH SIGNIFICANT DOWN PAYMENT AT 6 PERCENT INTEREST. This is an investor's dream - TWO new duplexes in the heart of east Flagstaff's booming 4th Street corridor! Same floorplan, next door to each other. 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

    Tim Shinkle Core Realty Professionals

    1919 E Arrowhead Ave, Flagstaff, AZ 86004
  • /14

    $1,195,000

    1921 E Arrowhead Ave, Flagstaff, AZ 86004

    OWNER MAY CARRY WITH SIGNIFICANT DOWN PAYMENT AT 6 PERCENT INTEREST. 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,

    Tim Shinkle Core Realty Professionals

    1921 E Arrowhead Ave, Flagstaff, AZ 86004
  • /8

    $1,250,000

    • 3,344 Sq Ft

    1919 E Arrowhead Ave, Flagstaff, AZ 86004

    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

    Tim Shinkle Core Realty Professionals

    1919 E Arrowhead Ave, Flagstaff, AZ 86004

Why Live in Flagstaff

Flagstaff's outdoor recreation scene centers around the Arizona Snowbowl, which provides skiing in winter and scenic gondola rides in summer. The city stands as a gateway to ancient Native American sites, including the cliff dwellings at Walnut Canyon National Monument and the pueblos at Wupatki National Monument. The historic downtown features local restaurants like Fat Olives, known for Napoletana-style pizza, and Pizzicletta, which specializes in wood-fired Neapolitan pizza with homemade gelato. The Flagstaff Urban Trails System connects residents to Buffalo Park and numerous outdoor spaces.

The real estate landscape in Flagstaff spans diverse price points across distinct neighborhoods. The median sale price for homes is $725,000. Forest Highlands commands the highest median single family home prices at $3,487,500, while Cheshire's median single family home price sits at $696,000. Woodlands Village presents more affordable options with median one bedroom condo prices at $294,800 and two bedroom condos at $359,900.

Living costs in Flagstaff run 21.2% above the national average. A family with school-age children needs approximately $127,000 annually to live comfortably, while renters should aim for $68,000. The property tax rate is 0.49%, with a combined sales tax rate of 8.41%. Monthly grocery costs average $1,600 for families and $700 for renters. Housing expenses typically reach $3,600 monthly for families and $2,800 for renters.

The city experiences all four seasons at its 7,000-foot elevation, with summer highs in the low 80s Fahrenheit and significant snowfall averaging 100 inches annually. Commute times average 15 to 20 minutes. Northern Arizona University serves as a major employer alongside Gore Medical Products. Top-rated public schools include Sechrist Elementary and Manuel Demiguel Elementary, both rated A minus by Niche.

Home Trends in Flagstaff, AZ

Housing Trends

Median Sale Price
$739,355
Median Single Family Sale Price
$825,000
Median Townhouse Sale Price
$740,000
Median 2 Bedroom Sale Price
$344,900
Median 1 Bedroom Sale Price
$315,000
Average Price Per Sq Ft
$1,340
Number of Homes for Sale
310
Last 12 months Home Sales
1,228
Months of Supply
3.00
Median List Price
$763,194
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%
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