Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3260 Toho Trail Flagstaff, AZ 86005

    View on Map
    For Sale
    Under Contract
    $600,000

    MULTI_FAMILY - Flagstaff, AZ

    Property size:
    2,070 SF
    Added:
    Feb 19, 2026
    Days on Market:
    40
    Last Refresh:
    Mar 31 at 9:06 pm

    Property Features for 3260 Toho Trail

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Appliances
    Dishwashers
    Standard status
    Active Under Contract
    APN
    11619024
    Size
    2,070 SF

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    SUBDIVISION: KACHINA VILLAGE UNIT 05 LOT: 312 SIXTEENTH: NW QUARTER: NW SECTION: 30 TOWNSHIP: 20N RANGE: 07E
    TaxAnnualAmount
    3444

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas

    Building Details

    Year built
    2000
    Number of units
    2
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Jesse S Calvin

    Listing agent Jesse S Calvin

    Listing office Realty One Group, Mountain Desert 513 N Beaver St., Lake Havasu City, AZ

    Listing date Feb 19, 2026

    MLS# 203492

    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.

    Overview

    Flagstaff Multifamily with Income Potential

    This multifamily property in Flagstaff offers flexible living arrangements and income potential. The 2,070 square foot property includes an upper level with 3 bedrooms and 2 bathrooms. The lower level features a studio-style suite with a private entrance, bathroom, living area, and kitchenette. The lower level was previously operated as a successful short-term rental, presenting strong income potential. Shared utilities and laundry are available. Approximately 900 square feet of unfinished space provides value-add potential. Additional features include an oversized 2-car garage, multiple decks, and a large treed lot surrounded by Ponderosa Pines. The roof was replaced in 2023. The property is vacant and ready for occupancy or rental.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store 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
    -111.701555
    Latitude
    35.09037

    Nearby Similar for Sale

    • $2,525,000
      10,000 SF

      Freestanding Commercial Building in Flagstaff

      10,000 SF commercial building in high-traffic Flagstaff location.
      460 N Switzer Canyon Drive, Flagstaff, AZ 86001
      View Details
    • $899,000

      Turnkey Equestrian Facility in Flagstaff

      10-acre horse property with arena, stalls, and stunning views.
      13170 STOCKMENS Road unit: 0, Flagstaff, AZ 86004
      View Details
    • $899,000

      Turnkey Equestrian Facility on 10 Acres

      10-acre Flagstaff horse property with arena, stalls, and storage.
      13170 Stockmens Road, Flagstaff, AZ 86004
      View Details
    • $925,000
      2,500 SF

      Historic Flagstaff Commercial Building

      Fully occupied, modernized historic building in Flagstaff's southside district.
      117 S San Francisco Street, Flagstaff, AZ 86001
      View Details
    • $7,500
      5,350 SF

      Downtown Flagstaff Restaurant/Bar Opportunity

      Rare restaurant/bar lease with rooftop patio in downtown Flagstaff.
      101 S San Francisco Street, Flagstaff, AZ 86001
      View Details
    • $1,850,000
      4,777 SF

      Historic Route 66 Landmark

      Iconic Flagstaff venue on Historic Route 66.
      3404 E Route 66, Flagstaff, AZ 86004
      View Details
    • $3,610
      1,604 SF

      Flagstaff Warehouse with Mezzanine Offices

      Flexible warehouse spaces with mezzanine offices in prime location.
      3111 N Caden Court unit: 150/160, Flagstaff, AZ 86004
      View Details
    • $305,000
      1,620 SF

      Flagstaff Luxury Storage Condo

      Luxury storage condo in Flagstaff's exclusive Boat/RV storage facility.
      5590 Dark Sky Drive unit: A103, Flagstaff, AZ 86001
      View Details
    • $3,300
      711 SF

      Professional Space Near Flagstaff Medical

      Remodeled medical/wellness space with shared amenities and convenient location.
      1300 N Rim Drive unit: A, Flagstaff, AZ 86001
      View Details
    • $1,950,000
      6,029 SF

      Downtown Flagstaff Commercial Flex Space

      6,000 SF commercial space in the heart of Flagstaff.
      417 W Santa Fe Avenue, Flagstaff, AZ 86001
      View Details
    • $1,895,000
      6,300 SF

      Flagstaff Multifamily Investment Opportunity

      Updated 8-plex in high-demand Flagstaff location near amenities.
      2420 N West Street, Flagstaff, AZ 86004
      View Details
    • $3,200,000
      10,200 SF

      Flagstaff Multifamily Investment Opportunity

      Ten-unit Flagstaff residential income property with strong rental history.
      1715 N First Street, Flagstaff, AZ 86004
      View Details

    FAQs

    What type of property is this?
    Duplex - Multifamily property in Flagstaff with income and flexible living.
    Where is this duplex located?
    The property is located at 3260 Toho Trail Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Income potential from lower‑level studio suite with private entrance and kitchenette, previously a successful short‑term rental.; Flexible living arrangements with a 3 bed, 2 bath upper level and separate lower‑level suite.; Value‑add potential with approximately 900 sq ft of unfinished space.
    (928) 606-4628
    We can help!
    Listing Contact
    Jesse S Calvin
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!