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795 E Ponderosa Parkway, Flagstaff, AZ 86001

$999,000

Property Type: Multi-Family Square Footage: 2,896 Status: Active

Current Price: $999,000 List Date: 2/19/2026 Last Modified: 8/04/2026

Overview

Description

This is the unicorn property investors dream of! Welcome to 795 Ponderosa Parkway, a like- new, single family home on a beautifully wooded lot near downtown Flagstaff, the Hospital and Buffalo Park, designed and functioning as a three-unit rental! Note: this is not a multi unit with separate utilities. It is zoned SFR but brilliantly designed as three separate units for flexibility as long or short term rentals. Unique! The upper and second levels create a 3 bedroom home. With 3 ensuite bedrooms and 3 private decks, you can also decide to rent individual bedrooms. The lower level is a 1 bedroom unit with a separate entrance. There is also an additional 1 bedroom apartment with a separate entrance! The owner built this home with interior access to all areas of the home, creating

Supplements: endless opportunities for living and renting! Worried about parking? With a two car garage, a 2 space driveway and three additional dedicated spaces, parking is a dream. Utilities are all on one bill. The upper unit has radiant heat. The lower level and apartment have heat pumps/mini splits. The home is all electric - no natural gas. Please call o ... (Read more)

Listing Details MLS# 203382

Location, Tax & Legal

County: Coconino
Area: 135 - Switzer Mesa
Street #: 795
Direction: E
Street Name: Ponderosa
Suffix: Parkway
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Region: 10 - North West City
APN: 10129067
Zip + 4: 3372
Legal Description: SUBDIVISION: SWITZER MESA UNIT 02 LOT: 82 SIXTEENTH: SW QUARTER: NE SECTION: 15 TOWNSHIP: 21N RANGE: 07E SIXTEENTH: NW Q
Taxes: 4744
Tax Year: 2025

Contract Information

Public Marketing Date: 2026-02-18
List Price/SqFt: 344.95
Owner/Agent: No
Property Sub-Type: Single Family Residence
Transaction Type: Sale
Short Term Rental Allowed (Y/N): Yes
Lease Expiration Date: 2026-05-01

Key Words

Sale/Rent Description: For Sale
Net Op Inc: $50,000 - 99,999
Vacancy %: 1%
Cap Rate: 1 - 7.9%
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 12,001 - 21,799 SF
# Units: 3
Down Payment: Submit

General Property Description

# of Units: 3
Year Built: 2020
Year Built Source: County

Currently Not Used

Approx SqFt: 2896

Exterior Amenities

Other: (2) covered decks

More Information

Remarks & Misc

Directions: Rte 66 to Switzer Mesa, to Turquoise, to Ponderosa Parkway, home is on your right. Cedar to Turquoise, left on Ponderosa Parkway, home is on your right.

Heating

Electric: Yes

Roof

Asphalt Shingle: Yes

Property Features

Heating: Electric Roof: Asphalt Shingle

IDX

Listing Office: Real Broker AZ

Last Updated: August - 04 - 2026

795 E Ponderosa Parkway, Flagstaff, AZ 86001 (MLS# 203382)