$1,895,000

Estimated payment $10,367/month

Total Views 130
-- Bed
-- Bath
6,300 Sq Ft
$301 Price per Sq Ft

About This Home

Single level, 8-Plex Investment Property located in a high-demand area. Centrally located in the mountain town of Flagstaff, AZ this property is situated near shopping, stores, restaurants, and schools. This 8-plex offers consistent rental income with valuable Community Commercial Zoning, providing flexibility for future opportunities. Each unit is single level and has been updated. Newer Roof, New Exterior Paint and Newly Upgraded Electrical Panel. Solid investment for those seeking steady cash flow in a desirable, high-traffic area. Whether you're looking to expand your portfolio or capitalize on the strong rental market, this property offers endless potential and significant upside. Per FEMA Flood Map this property is not in a designated Flood Zone. Please do not disturb tenants.

Listing Agent

Rosa Jo Leonardis

da Vinci Realty License #SA646837000 Listed on: 10/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1972

Home Design

  • 6,300 Sq Ft Home
  • Wood Frame Construction
  • Pitched Roof
  • Asphalt Shingled Roof

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 10911086

Community Details

Overview

  • Association fees include water, sewer, trash collection
  • 8 Units

Building Details

  • Operating Expense $17,500
  • Gross Income $119,400
  • Net Operating Income $101,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,565

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex, Triplex, 4-Plex, 8-Plex
  • Property Type: Multi-Family
  • Year Built: 1972
  • Total Gross Income: 119400.0
  • Co List Office Phone: 928-779-3800
  • MLS Status: Active
  • Location Tax Legal:Taxes2: 4565.0
  • Roof:Asphalt Shingle: Yes
  • Location Tax Legal:Zoned: CC
  • Utilities:Electric3: Yes
  • Utilities:Telephone2: Yes
  • Utilities Sewer: Yes
  • Special Features: None

Interior Features

  • Utilities: Sewer Connected, City Water, Electricity Available, Natural Gas Available, Phone Available, Cable Available
  • Cross Street: E Colanthe Ave
  • Inc Exp Annual Gross Op Income: 119400.0
  • Inc Exp Annual Op Expenses: 17500.0
  • Inc Exp Annual Scheduled Income: 119400.0
  • Heating System: Natural Gas

Exterior Features

  • Roof: Asphalt, Pitched
  • Construction:Frame - Wood: Yes
  • ConstructionSiding:Roof Pitched: Yes

Utilities

  • HeatingYN: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer, Trash Collection

Lot Info

  • Parcel Number: 10911086

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4565.0

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 101900.0
  • Annual Operating Expense: 17500.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $2,215 $48,996 -- --
2024 $2,215 $44,227 -- --
2023 $2,000 $35,678 $0 $0
2022 $2,000 $33,309 $0 $0
2021 $1,945 $31,776 $0 $0
2020 $1,890 $31,163 $0 $0
2019 $1,854 $27,519 $0 $0
2018 $1,804 $25,541 $0 $0
2017 $1,697 $24,201 $0 $0
2016 $1,687 $18,685 $0 $0
2015 $1,588 $16,787 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 For Sale $1,895,000 -- $301 / Sq Ft
Source: Northern Arizona Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $225,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $316,251 Seller Take Back
Source: Public Records

Source: Northern Arizona Association of REALTORS®

MLS Number: 202577

Northern Arizona Association of REALTORS®

APN: 109-11-086