$1,500,000
Flagstaff, AZ 86001
MLS# 204943
7897 sqft
1 / 23
Property Description
Here we have a 5 unit complex that is looking for its next owner. There are 5 units equaling 21 doors total with four of them having four bedrooms and four baths, Unit 5 has 5 units and 5 baths. The complex has been rented as dorm style living so each tenant shares the common area Living room, kitchen, and coin-op laundry also located in the kitchen. three of the 5 units has been refreshed with new flooring and paint with the other two on the schedule to be addressed in the coming months. The potential is here to make it your own. Call today for more information
Details
Maps
Documents
Contract Information
Status: Active
Public Marketing Date: 2026-06-16
Current Price: $1,500,000
List Price: $1,500,000
List Price/SqFt: 189.95
Owner/Agent: No
Property Sub-Type: Multi Family
Transaction Type: Sale
Short Term Rental Allowed (Y/N): Yes
Location Tax Legal
County: Coconino
Area: 150 - Flagstaff Old Town
Street #: 101
Direction: S
Street Name: Park
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.197589
Geo Lon: -111.655593
Key Words
Sale/Rent Description: For Sale
Net Op Inc: $100,000 - 149,999
Vacancy %: 5% - 9.9%
Cap Rate: 1 - 7.9%
Imprv Sz (Gross SF): 6,000 - 47,999
Land Size: 12,001 - 21,799 SF
# Units: 9 - 64
Down Payment: Submit
General Property Description
# of Units: 21
Year Built: 1990
Year Built Source: County
Currently Not Used
Approx SqFt: 7897
Property Features
To Show: Appt Only/CLO; Call Manager; Drive By/Don't Enter
Leases: Month To Month
Owner Pays: All Utilities; Grounds Care; HVAC Maintenance; Management; Pest Control; Snow Removal; Trash Collection; Repairs
Tenant Pays: None
Pets: Cats OK; Dogs OK
Util incld in Rent: Electicity; Natural Gas; Trash Collection; Water
Potential Terms: Cash; Conventional
Interior Amenities: Carpet/Tile; Cement Slab; Dishwashers; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.
Exterior Amenities: Wooded
Docs on File: Aerial Photo; Appraisal; Current P & L; Leases; Security Dpsts
Lot Street Imprvmnts: Alley; Paved Street; Sidewalks; Street Parking
Utilities: City Water; Natural Gas
Heating: Natural Gas
Cooling: None
Construction: Frame - Wood
Roof: Asphalt Shingle
Flood Zone: D-Undetermined
Management: Mgmt. Co.
SPDS 
Listing Office: Flagstaff Property Management
Last Updated: June - 17 - 2026
Copyright 2021 Northern Arizona Association of Realtors®. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.