2313 N 1st Street, Flagstaff, AZ 86004

$600,000
Property Type: Multi-Family Square Footage: 2,017 Status: Closed
Current Price: $600,000 List Date: 7/14/2025 Last Modified: 7/31/2025

Overview

Description

Centrally located multi-unit home near schools and amenities, offering immediate rental income and future flexibility! Live in one unit and rent the other, use it for multi-generational living, or rent both for a steady income. Current tenants in both units are on a month-to-month basis and interested in renewing their leases. This property features two 2-bed/1-bath units (1159 sf and 858 sf) both with reliable tenants, making it a prime investment opportunity. -Unit A is situated at the front of the property, with a welcoming patio and a spacious main living area. -Unit B is above an oversized two-car garage and includes a separate laundry room, along with views of Mount Elden. The 26x33 ft garage adds significant value and features existing plumbing

Supplements: with a downstairs water closet, offering potential for future expansion or conversion.

Listing Details MLS# 200336

Location, Tax & Legal

County
Coconino
Area
400 - Sunnyside
Street #
2313
Direction
N
Street Name
1st
Suffix
Street
City/Town Code
Flagstaff
State/Province
AZ
Zip Code
86004

Contract Information

Public Marketing Date
2025-03-20
List Price/SqFt
297.47
Owner/Agent
No
Property Sub-Type
Multi Family
Transaction Type
Sale
Short Term Rental Allowed (Y/N)
No

Key Words

Sale/Rent Description
For Sale
Net Op Inc
$20,000 - 49,999
Vacancy %
0%
Cap Rate
1 - 7.9%
Imprv Sz (Gross SF)
1,500 - 2,999
Land Size
To 6,000 SF
# Units
2
Down Payment
Submit

General Property Description

# of Units
2
Year Built
1953
Year Built Source
County

Status Change Info

Sold Date
2025-07-31
Sold Price/SqFt
297.47
Financing
Conventional

Currently Not Used

Approx SqFt
2017

More Information

Property Features

To Show: Appt Only/CLO Leases: Month To Month Util incld in Rent: Sewer; Trash Collection; Water Potential Terms: Cash; Conventional Interior Amenities: Carpet/Tile; Dishwashers; Disposals; Duo-Pane Wind.; Fire Alarm; Laundry Area; Range/Ovens; Refrigerators Docs on File: Leases Lot Street Imprvmnts: Paved Parking; Paved Street Utilities: City Water; Electricity Available; Natural Gas; Sewer Heating: Electric; Wall Furnace Cooling: None Construction: Frame - Wood; Masonry Roof: Asphalt Shingle
IDX
Listing Office: Realty One Group, Mountain Desert
Source MLS Verified
Last Updated: July - 31 - 2025
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