903 W Clay Avenue, Flagstaff, AZ 86001 (MLS# 202581)

903 W Clay Avenue, Flagstaff, AZ 86001

$999,900

Property Type: Multi-Family Square Footage: 3,423 Status: Active

Current Price: $999,900 List Date: 10/27/2025 Last Modified: 8/04/2026

Overview

Description

INVESTOR SPECIAL!! Two Single Family homes on one lot! Close to NAU, shopping, restaurants and downtown Flagstaff. Larger home built in 2007, smaller home in 1948. Larger home is 3 bdrm, 2.5 baths; smaller home is 3 bdrm, 1 bath. One home could be lived in, while the other is rented out! Larger home has in-floor heating throughout and gas fireplace. Smaller home is furnace. Neither units have central AC. Both homes have been well maintained, are close to NAU, and would make excellent rental properties for students or families for years to come. Both homes have in-home washer & dryer. Unit 1 has a completed upstairs attic, but needs some adjusting to make the entry way larger/accessible. It is closed off currently. Could unlock much bigger space for more rent.

Listing Details MLS# 202581

Location, Tax & Legal

County: Coconino
Area: 150 - Flagstaff Old Town
Street #: 903
Direction: W
Street Name: Clay
Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001

Contract Information

Public Marketing Date: 2025-10-15
List Price/SqFt: 292.11
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: $50,000 - 99,999
Vacancy %: 0%
Cap Rate: CLO
Imprv Sz (Gross SF): 3,000 - 5,999
Land Size: 6,001 - 12,000 SF
# Units: 2
Down Payment: Submit

General Property Description

# of Units: 2
Year Built: 1948
Year Built Source: County

Currently Not Used

Approx SqFt: 3423

To Show

Other: Aligned Showings

More Information

Property Features

Interior Amenities: Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det. Exterior Amenities: Priv Yards; Sorage Units Docs on File: Aerial Photo; Leases; Security Dpsts Lot Street Imprvmnts: Paved Street Utilities: City Water; Electricity Available; Indiv. Metered; Natural Gas; Sewer Heating: Natural Gas; Other; Other Roof: Asphalt Shingle; Metal Management: Mgmt. Co.

IDX

Listing Office: Set in Stone Realty

Last Updated: August - 04 - 2026