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2100 E Route 66, Flagstaff, AZ 86004

$2,700,000

Property Type: Multi-Family Square Footage: 6,659 Status: Active

Current Price: $2,700,000 List Date: 4/29/2026 Last Modified: 8/21/2026

Overview

Description

If you've been waiting for a real Flagstaff value-add deal... this is it. 22 total units located directly on Historic Route 66 in the heart of Flagstaff. The property consists of 19 studios and 3 larger units and offers a rare chance to acquire scale in one of Arizona's tightest housing markets. About 75 percent of the units are currently functional and occupied, but make no mistake -- this property needs a full modernization. The upside here is in the reposition. The current affordable housing use does not transfer with the sale. Tenants will not convey, and no financials are being provided. This gives a new owner a clean slate to execute their own business plan and reposition the property however they choose. The opportunities are endless: workforce housing, multifamily conve

Supplements: sober living, transitional housing, boutique hospitality, or a hybrid investment model. Large multi-unit properties with this kind of footprint almost never come available in Flagstaff. For the investor looking for a pretty turnkey property, this probably isn't your deal. For the investor looking for upside, forced appreciation, and long-term pote ... (Read more)

Listing Details MLS# 204264

Location, Tax & Legal

County: Coconino
Area: 400 - Sunnyside
Street #: 2100
Direction: E
Street Name: Route 66
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004

Contract Information

Public Marketing Date: 2026-04-28
List Price/SqFt: 405.46
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: CLO
Vacancy %: 0%
Cap Rate: CLO
Imprv Sz (Gross SF): 6,000 - 47,999
Land Size: .5 - .9 AC
# Units: 9 - 64
Down Payment: Submit

General Property Description

# of Units: 23
Year Built: 1949
Year Built Source: County

Currently Not Used

Approx SqFt: 6659

Potential Terms

Other: CLA

More Information

Property Features

To Show: Appt Only/CLO; Drive By/Don't Enter Leases: Weekly Owner Pays: All Utilities; Common Area Maintenance; Grounds Care; Insurance; Internet; Pest Control; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Exterior Maintenance; Repairs Tenant Pays: None Pets: Cats OK; Dogs OK Potential Terms: Cash; Conventional; Submit Interior Amenities: Cement Slab; Laundry Area; Refrigerators Exterior Amenities: Fenced; Laundry Room; Park/Playground; Rec Center; Sorage Units Docs on File: Aerial Photo; Legal Descrip. Lot Street Imprvmnts: Paved Parking; Paved Street; Sidewalks Utilities: City Water; Natural Gas; Primary Meter; Private Trash Co.; Sewer Heating: Natural Gas; Wall Furnace Cooling: None Construction: Frame - Wood Roof: Asphalt Shingle Flood Zone: A-100Yr Management: On-Site Manager; Owner/Family

IDX

Listing Office: Realty One Group, Mountain Desert

Last Updated: August - 21 - 2026

2100 E Route 66, Flagstaff, AZ 86004 (MLS# 204264)