Renovated 8-Unit Garden Apartment
For Sale
$2,360,000
2816 N 3rd St, Flagstaff, AZ 86004
The two-bedroom, one-bath residences include in-suite laundry and individually metered electric service.
Property Size5,760 SF
Price / SF$409.72
Days on Market29
Property Features for 2816 N 3rd St
General Information
Standard status
Active
Size
5,760 SF
Property subtype
Multi-Family
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Additional Details
Utilities to Site
Yes
Amenities
in-suite washer/dryers
Building Details
Year Built
1963
Construction
garden-style
Listing Agency:
ABI Multifamily
Listed By:
Mitchell Drake · License #SA675761000
(602) 714-1289
Source:
Searchflagstaffhouses
Added: Sep 24
Changed: Oct 21
Last Checked: Oct 21 at 2:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ABI Multifamily
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Investment Insights
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This 8-unit garden-style apartment community contains 5,760 square feet across two parcels. Built in 1963, the property has undergone renovations since 2020, including roof, fascia, gutter, sewer and water line, and electrical system work. Interior updates include vinyl flooring, shaker-style cabinetry, quartz countertops, stainless steel appliances, HVAC equipment, water heaters, and in-suite washer/dryers. Concrete walkways, exterior paint, landscaping, and driveway work are also among the improvements.
A large on-site maintenance room has updated plumbing and electrical, with potential to add a studio unit. The property is minutes from the Sawmill District, Northern Arizona University, and Downtown Flagstaff. Electric service is individually metered, and water is billed back through RUBS.
A large on-site maintenance room has updated plumbing and electrical, with potential to add a studio unit. The property is minutes from the Sawmill District, Northern Arizona University, and Downtown Flagstaff. Electric service is individually metered, and water is billed back through RUBS.
Key Highlights
- 8 apartments, each with 2 bedrooms and 1 bathroom
- 5,760 square feet across 2 parcels
- Renovations since 2020 include roof, utility‑line, and electrical work
Property Analytics
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Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,474
Businesses Nearby
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Business Placement
Demographics for 86004, AZ
38,451
Population
16,550
Households
2.3
Avg Household Size
37
Median Age
44%
College-Educated
95%
High-School Grad
914.5 sq mi
ZIP Area
42
Density / Sq Mi
$77,486
Median Household Income
$42,659
Median Earnings
$1,611
Median Rent
$464,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The two-bedroom, one-bath residences include in-suite laundry and individually metered electric service.
Where is this apartment building located?
The property is located at 2816 N 3rd St Flagstaff, AZ.
What is the asking price?
The asking price for this property is $2,360,000.
What are key features of this property?
This property features: 8 apartments, each with 2 bedrooms and 1 bathroom; 5,760 square feet across 2 parcels; Renovations since 2020 include roof, utility‑line, and electrical work
