903 W Clay Ave Flagstaff, AZ 86001
Estimated payment $5,841/month
About This Home
INVESTOR SPECIAL!! Two Single Family homes on one lot! Close to NAU, shopping, restaurants and downtown Flagstaff. Larger home built in 2007, smaller home in 1948. Larger home is 3 bdrm, 2.5 baths; smaller home is 3 bdrm, 1 bath. Larger home has in-floor heating throughout and gas fireplace. Smaller home is furnace. Neither units have central AC. Both homes have been well maintained, are close to NAU, and would make excellent rental properties for students or families for years to come. Both homes have in-home washer & dryer. Unit 1 has a completed upstairs attic, but needs some adjusting to make the entry way larger/accessible. It is closed off currently. Could unlock much bigger space for more rent.
Listing Agent
Set in Stone Realty & Property Mgmt License #BR640143000 Listed on: 10/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,800
Year Built
- Built in 2007
Home Design
- Wood Frame Construction
- Composition Roof
- Metal Roof
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- No Cooling
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 103-02-022
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 6691
- Riordan Addition Subdivision
Building Details
- Operating Expense $3,800
- Gross Income $50,400
- Net Operating Income $46,600
Map
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 | $17 | $238 | -- | -- |
| 2024 | $17 | $238 | -- | -- |
| 2023 | $17 | $238 | $0 | $0 |
| 2022 | $228 | $4,728 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2026 02/24/26 | Price Changed | $1,050,000 | -4.5% | -- | |
| 10/28/2025 10/28/25 | For Sale | $1,100,000 | +44.7% | -- | |
| 02/28/2023 02/28/23 | Sold | $760,000 | -13.5% | $222 / Sq Ft | View Prior Sale |
| 01/09/2023 01/09/23 | Pending | -- | -- | -- | |
| 11/29/2022 11/29/22 | For Sale | $879,000 | -- | $257 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Pioneer Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6939403
APN: 103-02-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.