101 S Park Street, Flagstaff, AZ 86001 (MLS# 204943)

101 S Park Street, Flagstaff, AZ 86001

$1,500,000
Property Type: Multi-Family Square Footage: 7,897 Status: Active
Current Price: $1,500,000 List Date: 6/17/2026 Last Modified: 6/17/2026

Overview

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

Listing Details MLS# 204943

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
Region
10 - North West City
APN
10038022
Zip + 4
5466
Cross Street
Phoenix Ave
Legal Description
SUBDIVISION: FLAGSTAFF TOWNSITE BLOCK: 3-X LOT: 21 SUBDIVISION: FLAGSTAFF TOWNSITE BLOCK: 3X LOT: 22 THRU:- LOT: 24 SIXT
Taxes
7081
Tax Year
2025

Contract Information

Public Marketing Date
2026-06-16
List Price/SqFt
189.95
Owner/Agent
No
Property Sub-Type
Multi Family
Transaction Type
Sale
Short Term Rental Allowed (Y/N)
Yes

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

Remarks & Misc

Directions
Take Milton then a right on Phoenix Ave, then a left onto Park, unit is on the corner of Park and Phoenix Ave.

More Information

Inc/Exp (Annual)

= Gross Op Income $
166363.55
= Net Op Income(NOI)
115911.35
Cap Rate %
7.7

Exis Fee/Docs

Free & Clear
Yes

To Show

Appt Only/CLO
Yes
Call Manager
Yes
Drive By/Don't Enter
Yes

Pets

Cats OK
Yes
Dogs OK
Yes

Leases

Month To Month
Yes

Owner Pays

All Utilities
Yes
Grounds Care
Yes
HVAC Maintenance
Yes
Management
Yes
Pest Control
Yes
Snow Removal
Yes
Trash Collection
Yes
Repairs
Yes

Tenant Pays

None
Yes

Util incld in Rent

Electicity
Yes
Natural Gas
Yes
Trash Collection
Yes
Water
Yes

Potential Terms

Cash
Yes
Conventional
Yes

Interior Amenities

Carpet/Tile
Yes
Cement Slab
Yes
Dishwashers
Yes
Laundry Area
Yes
Range/Ovens
Yes
Refrigerators
Yes
Smoke/Heat Det.
Yes

Docs on File

Aerial Photo
Yes
Appraisal
Yes
Current P & L
Yes
Leases
Yes
Security Dpsts
Yes

Exterior Amenities

Wooded
Yes

Flood Zone

D-Undetermined
Yes

Lot Street Imprvmnts

Alley
Yes
Paved Street
Yes
Sidewalks
Yes
Street Parking
Yes

Utilities

City Water
Yes
Natural Gas
Yes

Heating

Natural Gas
Yes

Cooling

None
Yes

Management

Mgmt. Co.
Yes

Construction

Frame - Wood
Yes

Roof

Asphalt Shingle
Yes

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.

Documents

IDX
Listing Office: Flagstaff Property Management
Source MLS Verified
Last Updated: June - 17 - 2026
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