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715 W Summit Avenue, Flagstaff, AZ 86001

$1,249,900

Property Type: Multi-Family Square Footage: 3,357 Status: Active

Current Price: $1,249,900 List Date: 4/25/2026 Last Modified: 8/13/2026

Overview

Description

4-unit income property at 715 W Summit Ave in the Flagstaff Townsite neighborhood, Flagstaff, AZ 86001, consisting of a private detached house and a separate 3-unit apartment building on a single 10,593 SF parcel. This configuration is rare in downtown Flagstaff (grandfathered, legally established nonconforming multi-family) and gives a buyer two distinct options: acquire as a pure investment property with four income-producing units, or live in the detached house and collect rent from the three apartments to offset housing costs. The detached house, Unit A, is a 1945 single-story cottage with 2 bedrooms, 1 bathroom, and 732 square feet. The apartment building, constructed in 1985, contains three 2-bedroom, 1.5-bathroom units of approximately 875 square feet each.

Listing Details MLS# 204206

Location, Tax & Legal

County: Coconino
Area: 145 - Flagstaff Townsite
Street #: 715
Direction: W
Street Name: Summit
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Region: 10 - North West City
APN: 10029009a
Zip + 4: 5331
Cross Street: W Summit Ave and W Santa Fe Ave
Legal Description: SUBDIVISION: FLAGSTAFF TOWNSITE BLOCK: 2J LOT: 16 THRU:- LOT: 18 SIXTEENTH: NE QUARTER: SW SECTION: 16 TOWNSHIP: 21N RAN
Zoned: R1
Taxes: 4796
Tax Year: 2025

Contract Information

Public Marketing Date: 2026-03-30
List Price/SqFt: 372.33
Owner/Agent: No
Property Sub-Type: Quadruplex
Transaction Type: Sale

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): 3,000 - 5,999
Land Size: 6,001 - 12,000 SF
# Units: 4
Down Payment: Submit

General Property Description

# of Units: 4
Year Built: 1945
Year Built Source: County

Currently Not Used

Approx SqFt: 3357

To Show

Other: 48 hr MINIMUM req'd
Appt Only/CLO: Yes

More Information

Management

Other: Pivot Point
Mgmt. Co.: Yes

Remarks & Misc

Directions: Milton Rd to W Santa Fe Ave. Turn left onto W Summit Ave. House is on the left.

Pets

Cats OK: Yes
Dogs OK: Yes

Leases

Month To Month: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes
Internet: Yes

Util incld in Rent

Sewer: Yes
Trash Collection: Yes
Water: Yes

Potential Terms

Cash: Yes
Conventional: Yes

Interior Amenities

Carpet/Tile: Yes
Duo-Pane Wind.: Yes
Laundry Area: Yes
Range/Ovens: Yes
Refrigerators: Yes
Smoke/Heat Det.: Yes

Docs on File

Easements: Yes
Leases: Yes

Exterior Amenities

Fenced: Yes
Porch/Patio: Yes
Priv Yards: Yes

Flood Zone

C-Minimal: Yes

Lot Street Imprvmnts

Alley: Yes
Paved Street: Yes
Sidewalks: Yes
Street Parking: Yes
Unpaved Parking: Yes

Utilities

Cable Available: Yes
City Water: Yes
Electricity Available: Yes
Natural Gas: Yes
Sewer: Yes

Heating

Central: Yes
Natural Gas: Yes

Cooling

None: Yes

Construction

Frame - Wood: Yes

Roof

Asphalt Shingle: Yes

Property Features

To Show: Appt Only/CLO Leases: Month To Month Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Cable TV; Electricity; Gas; Internet Pets: Cats OK; Dogs OK Util incld in Rent: Sewer; Trash Collection; Water Potential Terms: Cash; Conventional Interior Amenities: Carpet/Tile; Duo-Pane Wind.; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det. Exterior Amenities: Fenced; Porch/Patio; Priv Yards Docs on File: Easements; Leases Lot Street Imprvmnts: Alley; Paved Street; Sidewalks; Street Parking; Unpaved Parking Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Sewer Heating: Central; Natural Gas Cooling: None Construction: Frame - Wood Roof: Asphalt Shingle Flood Zone: C-Minimal Management: Mgmt. Co.

IDX

Listing Office: Real Broker AZ

Last Updated: August - 13 - 2026

715 W Summit Avenue, Flagstaff, AZ 86001 (MLS# 204206)