203 & 205 S Spring St Flagstaff, AZ 86001
Flagstaff Townsite NeighborhoodEstimated payment $5,374/month
Highlights
- Wood Flooring
- Heating System Uses Natural Gas
- 5-minute walk to Thorpe Park
About This Home
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 Craftsman bungalow, built in 1917! Rich with character, it showcases original woodwork and timeless architectural details that reflect its heritage. The spacious layout and welcoming ambiance make it a standout primary residence or income-producing rental.
The second home is a 1-bed, 1-bath cottage with a unique backstory. Stories have been told that it once served as the spring house, with a well in the basement! With its rock wall construction and historical significance, it's said the street name was inspired by this very home, adding unique value and storybook charm. Both homes have a strong rental history and are located just a short distance to Flagstaff's beloved Sunday farmers market, local trails, and some of the city's best dining and coffee spots. The designated off-street parking for both properties is a life-saver during Winter months!
Opportunities like this are rare, where historic charm, location, and versatility come together in the heart of Flagstaff. Call for owner carry options.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,391
Year Built
- Built in 1917
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Pitched Roof
- Asphalt Shingled Roof
- Masonry
Interior Spaces
- 2,698 Sq Ft Home
- Wood Flooring
- Basement
Utilities
- Heating System Uses Natural Gas
- Phone Available
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 10028023a
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Price Changed | $950,000 | -4.5% | $352 / Sq Ft |
| 10/08/2025 10/08/25 | Price Changed | $995,000 | -5.2% | $369 / Sq Ft |
| 08/18/2025 08/18/25 | Price Changed | $1,050,000 | -4.5% | $389 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $1,100,000 | -- | $408 / Sq Ft |
Source: Northern Arizona Association of REALTORS®
MLS Number: 200281
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