1221 E 3rd St Winslow, AZ 86047
Winslow AreaEstimated payment $7,812/month
About This Home
College View Apartments is a 25-unit multifamily investment spanning two contiguous buildings across two parcels in the heart of Winslow, Arizona. The property is fully occupied, with documented rent growth: Gross Scheduled Income rose from 194,100 to 243,900 during 2025, and current market rent analysis shows room to grow further toward 280,500 annually. Recent capital improvements include new gas water heaters, updated electrical panels and conduit, and unit-level upgrades completed at turnover -- laminate flooring, new appliances, and cabinetry. Full financials, including 2025 operating statements and normalized adjustments, available upon request.
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 $173,961
- Gross Income $199,937
- Net Operating Income $25,976
Map
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 |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | Price Changed | $1,395,000 | -12.3% | $233 / 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®
MLS Number: 201628
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