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    315 N Bonito St Flagstaff, AZ 86001

    For Sale
    $4,900,000

    MULTI_FAMILY - Flagstaff, AZ

    Property size:
    13,972 SF
    Days on Market:
    70
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 315 N Bonito St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    10007012b
    Size
    13,972 SF

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas, Central

    Building Details

    Year built
    1973
    Number of units
    12
    Roof type
    Metal, Asphalt

    PB Flagstaff, LLC (928) 699-3445 [email protected]

    Listing agent Jacqueline A Kellogg (928) 779-5354

    Listing date Oct 6, 2025

    Copyright © 2025 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.

    Overview

    Flagstaff Multifamily Investment Opportunity

    This portfolio features 601 W Dale Ave and 315 N Bonito St, presenting an investment opportunity in downtown Flagstaff. The offering comprises three buildings with a total of 12 units, featuring a mix of 2- and 3-bedroom layouts. Constructed in 1966 and 1973, the properties combine for approximately 13,972 square feet of living space. The lot at 601 W Dale Ave measures 6,970 square feet, while 315 N Bonito St spans 14,374 acres. Both properties are located within walking distance of downtown Flagstaff, Northern Arizona University, and major employers. The neighborhood offers historic charm, tree-lined streets, and proximity to parks, schools, and public transportation. The location ensures consistent occupancy rates. Nearby amenities include Flagstaff High School, Eva Marshall Elementary, San Francisco de Asis Catholic School, Thorpe Park, and the Flagstaff Urban Trail System. Easy access to public transit and major roadways is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.654436
    Latitude
    35.203069

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    FAQs

    What type of property is this?
    Apartment building - Portfolio of 12 units near downtown Flagstaff and NAU.
    Where is this apartment building located?
    The property is located at 315 N Bonito St Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Prime Downtown Flagstaff Location: Walk to downtown, Northern Arizona University, and major employers.; - Substantial Rental Income: Portfolio of 12 units (2- and 3-bedroom) provides immediate and stable income.; - Value-Add Potential: Opportunities for interior upgrades and modern amenities to increase property value.
    (928) 779-5354
    Request Owner's contact information
    315 N Bonito St 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    315 N Bonito St Flagstaff, AZ 86001
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