$1,200,000

Estimated payment $6,925/month

Total Views 35,489
-- Bed
-- Bath
2,470 Sq Ft
$486 Price per Sq Ft

About This Home

**CROSS LISTED UNDER RES.(203103)** Discover an exceptional income-producing opportunity at 1 E Terrace Ave, Units 1 & 2-Where versatility, comfort, and location come together in one remarkable property.
Perfect for owner-occupants or investors, this rare duplex allows you to live in one spacious unit while generating income from the other. Both residences are thoughtfully designed with full kitchens, in-unit washer and dryer sets, and their own private 1-car garages—a true luxury in Flagstaff. Each unit also features its own private backyard, offering outdoor space that's ideal for relaxing, entertaining, or enjoying Flagstaff's four beautiful seasons. Located just seconds from downtown, you'll enjoy the convenience of city living while still being tucked into your own private setting. From the balcony, take in sweeping views overlooking Flagstaff's natural beauty, a daily reminder of why this area is so sought after.
Inside, each unit offers its own unique character. One features a newly added rock wall with a 3D fireplace, creating a stunning focal point and a warm, inviting atmosphere. The other showcases a custom Flagstaff mural wall, adding artistic charm and a sense of place that guests and tenants will love.
With ample parking, spacious interiors, and thoughtful upgrades, this property is perfectly positioned for long-term rental, short-term rental, or multigenerational living. Whether you're looking to offset your mortgage or expand your investment portfolio, 1 E Terrace Ave delivers flexibility and financial potential without compromising comfort or style.
A rare find in an unbeatable location, schedule a tour today!

Listing Agent

Amanda Maestas

Realty One Group, Mountain Desert License #SA660892000 Listed on: 01/07/2026

Realty One Group, Mountain Desert

Co-Listing Agent

Virginia Britt

Realty One Group, Mountain Desert License #BR020370000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,638

Year Built

  • Built in 2003

Parking

  • Garage

Home Design

  • 2,470 Sq Ft Home
  • Asphalt Shingled Roof

Additional Features

  • Lot Dimensions are 129.46x29.52x123.19x48.74
  • Heating System Uses Natural Gas

Community Details

  • Association fees include water, sewer, gas, electricity
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10123024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,638

Year Built

Built in 2003

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 2003
  • NAV29_Unit_1_Appliances: Dishwashers, Refrigerators
  • Co List Office Mls Id: 143001116
  • Co List Office Phone: 928-774-3392
  • Co List Office Phone: 928-774-3392
  • MLS Status: Active
  • Location Tax Legal:Taxes2: 4638.0
  • Roof:Asphalt Shingle: Yes
  • General Property Description:Lot Dimensions: 129.46x29.52x123.19x48.74
  • Utilities:Electric3: Yes
  • Utilities Sewer: Yes
  • General Property Description:_pound_ of Units: 2
  • Special Features: None

Interior Features

  • Utilities: Electricity Available, Sewer Connected, Natural Gas Available
  • Cross Street: Birch and Terrace
  • Heating System: Natural Gas

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes

Utilities

  • Water Source: City Water
  • HeatingYN: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer, Gas, Electricity

Lot Info

  • Lot Dimensions: 129.46x29.52x123.19x48.74
  • Parcel Number: 10123024

Rental Info

  • Lease Term: Month to Month, Weekly

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4638.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,638 $75,474
2024 $4,501 $74,069
2023 $4,329 $61,006 $0 $0
2022 $4,064 $53,334 $0 $0
2021 $3,951 $51,617 $0 $0
2020 $3,841 $49,494 $0 $0
2019 $3,768 $41,459 $0 $0
2018 $3,685 $40,196 $0 $0
2017 $3,466 $37,811 $0 $0
2016 $3,552 $37,099 $0 $0
2015 $3,430 $36,255 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2026 01/07/26 For Sale $1,200,000 +26.1% $486 / Sq Ft
02/08/2024 02/08/24 Sold $952,000 -2.4% $385 / Sq Ft View Prior Sale
01/04/2024 01/04/24 Pending -- -- --
11/05/2023 11/05/23 Price Changed $975,000 -4.9% $395 / Sq Ft
10/17/2023 10/17/23 Price Changed $1,025,000 -2.4% $415 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,050,000 -2.3% $425 / Sq Ft
08/21/2023 08/21/23 For Sale $1,075,000 -- $435 / Sq Ft
Source: Northern Arizona Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed -- Clear Title
Warranty Deed -- Clear Title
Deed Of Distribution -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Warranty Deed $365,000 Fidelity National Title
Warranty Deed $356,000 Pioneer Title Agency Inc
Cash Sale Deed $60,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $706,500 New Conventional
Previous Owner $706,500 New Conventional
Previous Owner $292,000 New Conventional
Previous Owner $284,800 New Conventional
Source: Public Records

Source: Northern Arizona Association of REALTORS®

MLS Number: 203002

Northern Arizona Association of REALTORS®

APN: 101-23-024

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