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    1 E Terrace Ave, Unit unit 1&2 Flagstaff, AZ 86001

    Sponsored
    For Sale
    $1,200,000

    MULTI_FAMILY - Flagstaff, AZ

    Days on Market:
    2
    Last Refresh:
    Jan 10 at 9:06 am

    Property Features for 1 E Terrace Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    HR
    Rooms
    Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 3
    Bedrooms
    5
    APN
    101-23-024
    Appliances
    Dishwasher, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Ceiling, Natural Gas, Electric (Heating)
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    2003
    Number of units
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    Wood Siding, Wood Frame

    Realty ONE Group Mountain Desert (928) 680-7350 [email protected]

    Listing agent Amanda Maestas (928) 814-3552

    Listing date Jan 9, 2026

    MLS# 6964784 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flagstaff Duplex: Income Opportunity

    This property at 1 E Terrace Ave, Units 1 & 2, in Flagstaff, AZ, presents an income-producing opportunity suitable for owner-occupants or investors. This duplex features two residences, each equipped with a full kitchen, in-unit washer and dryer, and a private one-car garage. Each unit also includes a private backyard. Located near downtown, the property offers views overlooking Flagstaff's natural beauty. One unit features a waterfall wall with a gas fireplace, while the other showcases a custom Flagstaff mural wall. The property is zoned HR and is positioned for long-term rental, short-term rental, or multi-generational living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mountainscapers Landscaping Bbq Area

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.642478
    Latitude
    35.196124

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex near downtown Flagstaff with private garages and backyards.
    Where is this duplex located?
    The property is located at 1 E Terrace Ave, Unit unit 1&2 Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Income-producing duplex in a prime location seconds from downtown Flagstaff.; - Each unit has a full kitchen, in-unit washer/dryer, and a private 1-car garage.; - Private backyards for each unit, ideal for outdoor living.
    (928) 814-3552
    Request Owner's contact information
    1 E Terrace Ave, Unit unit 1&2 Flagstaff, AZ 86001
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    Flagstaff, AZ 86001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 E Terrace Ave, Unit unit 1&2 Flagstaff, AZ 86001
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