213 W Elm Avenue, Flagstaff, AZ 86001 (MLS# 197138)

$1,076,250
213 W Elm Avenue
Flagstaff, AZ 86001
MLS# 197138
Status: Closed
2278 sqft
213 W Elm Avenue, Flagstaff, AZ 86001
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Property Description
Investors! In the heart of downtown Flagstaff an incredible opportunity to own three income producing units on a .24 acre corner lot and zoned CC. Continuously rented: the main home (unit 213/yellow house) 832 sq.ft. long term rental: 2 bedrooms/ 1 full bath/ laundry room, 1 car garage: 198 sq.ft.) with adjoining flex room/workshop heated 192 sq.ft. Separate duplex built in 1957 features: (Unit 215) Fully furnished/ turn key 30-day short- term rental, 1 bedroom/ 1 bath 655 sq.ft. (Unit 217) 2 bedrooms/ 1 full bath/ laundry room/ large back deck, 791 sq.ft. (long term rental). Each unit has been enhanced over the time but still full of vintage charm. Plenty of parking space for each unit too! Owner will carry terms TBD. See attached documents: seller disclosures and much more.

Details
Maps
Documents
Contract Information
Status: Closed
Listing Agreement Date: 2024-06-11
Current Price: $1,076,250
Sold Price: $1,076,250
List Price/SqFt: 480.68
Property Sub-Type: Multi Family
Transaction Type: Sale
Location Tax Legal
County: Coconino
Area: 145 - Flagstaff Townsite
Street #: 213
Direction: W
Street Name: Elm
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.202943
Geo Lon: -111.650071
Key Words
Sale/Rent Description: For Sale
Net Op Inc: $50,000 - 99,999
Vacancy %: 0%
Cap Rate: 1 - 7.9%
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 6,001 - 12,000 SF
# Units: 3
Down Payment: Submit
General Property Description
# of Units: 3
Year Built: 1947
Year Built Source: County
Status Change Info
Sold Date: 2024-12-03
Sold Price: $1,076,250
Sold Price/SqFt: 472.45
Financing: Conventional
Currently Not Used
Approx SqFt: 2278
Leases
Other: Furnished VRBO
Property Features
To Show: Appt Only/CLO; Drive By/Don't Enter
Leases: 1 Year +
Owner Pays: Exterior Maintenance
Util incld in Rent: Sewer; Trash Collection; Water
Potential Terms: Cash; Conventional; OMC 1st; Submit
Interior Amenities: Carpet/Tile; Disposals; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.; Wood Floors
Exterior Amenities: Deck/Belcony; Laundry Room; Sorage Units
Docs on File: Leases; Security Dpsts
Lot Street Imprvmnts: Street Parking; Unpaved Parking
Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Primary Meter; Sewer
Heating: Central; Natural Gas
Cooling: None
Construction: Frame - Wood
Roof: Asphalt Shingle
Flood Zone: None
Management: Owner/Family

Listing Office: Russ Lyon Sothebys International Realty

Last Updated: January - 30 - 2026

213 W Elm Avenue, Flagstaff, AZ 86001 - MLS# 197138

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