$1,590,000
$100K PRICE DROP

1221 E 3rd St Winslow, AZ 86047

Estimated payment $8,569/month

Total Views 5,591
-- Bed
-- Bath
5,984 Sq Ft
$266 Price per Sq Ft

About This Home

Presenting the College View Apartments, a stabilized and upgraded multifamily investment located in the heart of Winslow, Arizona. This offering includes two contiguous apartment complexes totaling 25 units across two parcels, fully leased and a clear opportunity for long-term rent growth. With thoughtful capital improvements already completed, College View offers a rare chance to acquire a cash-flowing asset with the potential to reposition rents to market and add operational value. Financials available upon request.

Listing Agent

Michelle Langmack

Linton Real Estate License #BR553422000 Listed on: 07/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 100' x 230'

Home Design

  • 5,984 Sq Ft Home
  • Wood Frame Construction
  • Asphalt Shingled Roof

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10334003b

Community Details

Overview

  • Association fees include water, sewer, cable TV, gas, electricity, trash collection
  • 25 Units

Building Details

  • Operating Expense $137,699
  • Gross Income $210,631
  • Net Operating Income $72,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,561

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Multi-Family
  • Year Built: 1962
  • NAV29_Unit_1_Appliances: Refrigerators
  • Total Gross Income: 210631.0
  • Co List Office Phone: 928-779-4411
  • MLS Status: Active
  • Location Tax Legal:Taxes2: 1561.0
  • Roof:Asphalt Shingle: Yes
  • General Property Description:Lot Dimensions: 100' x 230'
  • Location Tax Legal:Zoned: C66
  • Utilities:Electric3: Yes
  • Utilities:Telephone2: Yes
  • Utilities Sewer: Yes
  • General Property Description:_pound_ of Units: 25
  • Special Features: None

Interior Features

  • Cooling System: Individual A/C Units
  • Utilities: Sewer Connected, City Water, Electricity Available, Natural Gas Available, Phone Available, Cable Available
  • Inc Exp Annual Gross Op Income: 210631.0
  • Inc Exp Annual Op Expenses: 137699.0
  • Inc Exp Annual Other Income: 3631.0
  • Inc Exp Annual Scheduled Income: 207000.0
  • Heating System: Natural Gas, Electric

Exterior Features

  • Roof: Asphalt
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer, Cable TV, Gas, Electricity, Trash Collection

Lot Info

  • Lot Dimensions: 100' x 230'
  • Parcel Number: 10334003b

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1561.0

Multi Family

  • Number Of Units Total: 25
  • Net Operating Income: 72662.0
  • Annual Operating Expense: 137699.0

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Price Changed $1,590,000 -5.9% $266 / Sq Ft
07/30/2025 07/30/25 For Sale $1,690,000 -- $282 / Sq Ft
Source: Northern Arizona Association of REALTORS®

Source: Northern Arizona Association of REALTORS®

MLS Number: 201628

Northern Arizona Association of REALTORS®