$1,100,000
Flagstaff, AZ 86001
MLS# 205951
1994 sqft

1 / 35
Property Description
This fully remodeled Southside Flagstaff duplex presents a compelling investment opportunity in one of the city's most desirable, walkable rental locations, less than two blocks from Northern Arizona University and close to downtown Flagstaff's dining, shopping, trails, and year-round recreation.
Details
Contract Information
Status: Active
Public Marketing Date: 2026-09-10
Current Price: $1,100,000
List Price: $1,100,000
List Price/SqFt: 551.65
Owner/Agent: No
Property Sub-Type: Duplex
Transaction Type: Sale
Short Term Rental Allowed (Y/N): Yes
Location, Tax & Legal
County: Coconino
Area: 299 - Other SouthWest City
Street #: 403
Direction: S
Street Name: Wc Riles
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.192301
Geo Lon: -111.649451
General Property Description
Year Built: 2007
Year Built Source: County
Key Words
Sale/Rent Description: For Sale
Net Op Inc: $100,000 - 149,999
Vacancy %: 5% - 9.9%
Cap Rate: 8 - 8.9%
Imprv Sz (Gross SF): 1,500 - 2,999
Land Size: 6,001 - 12,000 SF
# Units: 2
Down Payment: Submit
Currently Not Used
Approx SqFt: 1994
Property Features
To Show: Appt Only/CLO; No Sign on Prop
Potential Terms: Cash; Conventional
Interior Amenities: Dishwashers; Disposals; Fireplaces/WBS; Laundry Area; Range/Ovens; Refrigerators; Wood Floors
Exterior Amenities: Deck/Belcony; Fenced; Garages; Jac/Spa/Hot Tub; Landscaped; Porch/Patio; Sorage Units; Sprinkler System
Docs on File: Aerial Photo; Current P & L; Legal Descrip.
Lot Street Imprvmnts: Paved Street
Utilities: City Water; Electricity Available; Natural Gas; Sewer
Heating: Central
Cooling: Central Air
Construction: Frame - Wood
Roof: Asphalt Shingle
Supplements
Set on a spacious corner lot, the property offers two distinct income-producing residences: a primary 3-bedroom, 2.5-bath home with a single-car garage, inviting front porch, private backyard access, and flexible space for owner occupancy or premium rental use; plus a separate 1-bedroom, 1-bath loft-style unit featuring open-concept living and a farmhouse-inspired kitchen. The recently completed remodel elevates the property's appeal for modern long-term tenants, university-adjacent renters, visiting professionals, and short-term guests.
A spacious backyard with a spa creates an inviting outdoor amenity for relaxing, entertaining, and enhancing the guest experience--an especially valuable feature for Flagstaff's four-season vacation-rental market. Currently operating as a highly rated Airbnb, the property offers buyers a proven hospitality-oriented setup and the flexibility to continue short-term rentals, pursue a house-hack strategy, lease both units long term, or implement a hybrid rental plan aligned with their investment goals. Properties that combine a renovated two-unit layout, outdoor space, a spa, garage parking, and proximity to both NAU and downtown are increasingly difficult to find in Flagstaff's high-demand Southside market. Short-term-rental performance, occupancy, revenue, and licensing should be independently verified by buyers.
IDX
Listing Office: Real Broker AZ

Last Updated: September - 11 - 2026
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