Flagstaff Fourplex Investment
2420 N West Street Flagstaff, AZ 86004
For Sale
Under Contract
$895,000
MULTI_FAMILY - Flagstaff, AZ
Property Size3,150 SF
Price / SF$284.13
Days on Market91
Property Features for 2420 N West Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Appliances
Dishwashers, Refrigerators
Standard status
Active Under Contract
APN
10911086
Size
3,150 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
To be provided in escrow.
Tax Annual Amount
2283
Utilities
Utilities
Cable Available
Heating system
Natural Gas
Building Details
Year built
1972
Number of units
4
Roof type
Asphalt
Listing Agency:
da Vinci Realty
(928) 779-3800
Listed By:
Rosa J Leonardis · License #SA646837000
(928) 607-8026
Added: Apr 30
Changed: Jun 4
Last Checked: Jul 29 at 11:06PM
MLS# 204299
Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-level, four-unit investment property is located in Flagstaff, Arizona. The property is situated near shopping, stores, restaurants, and schools. The building offers consistent rental income and has Community Commercial Zoning, providing flexibility for future opportunities. Each unit is single level and has been updated. The property features a newer roof, new exterior paint, and a newly upgraded electrical panel. This property is suitable for those seeking steady cash flow in a desirable, high-traffic area. This property offers potential and upside in the rental market. According to the FEMA Flood Map, this property is not in a designated Flood Zone. The property size is 3150 square feet.
Key Highlights
- Consistent rental income from a 4‑unit property.
- Valuable Community Commercial Zoning offers flexibility.
- Located in a high‑demand area of Flagstaff, AZ, near amenities.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $13.80 |
| − Vacancy | −$2.4k | −$0.76 |
| EGI | $41.1k | $13.04 |
| − OpEx | −$12.3k | −$3.91 |
| NOI | $28.8k | $9.13 |
3,150 SF · lease $13.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$410.8K
$359.4K – $479.3K
NOI $28,755 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$380.9K
$333.3K – $444.4K
NOI $26,663 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$870.9K
$762.0K – $1.02M
NOI $60,960 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property in high-demand Flagstaff location near amenities.
Where is this quadplex located?
The property is located at 2420 N West Street Flagstaff, AZ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Consistent rental income from a 4‑unit property.; Valuable Community Commercial Zoning offers flexibility.; Located in a high‑demand area of Flagstaff, AZ, near amenities.
