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    Two-Unit Residential Income Duplex Title is generated by Realmo AI

    423 W Gilmore Street, Winslow, AZ 86047

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    Claim this Listing
    New
    For Sale
    $249,900

    MULTI_FAMILY - Winslow, AZ

    Property size:
    1,634 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $152/SF
    Added:
    Jun 19, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 20 at 12:06 am

    Property Features for 423 W Gilmore Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Appliances
    Refrigerators
    Standard status
    Active
    APN
    10314119
    Size
    1,634 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    MAHONEY ADDN: LOTS 13 & 14,BLOCK 16 XGR-1; XGR-2
    Tax Annual Amount
    679

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Natural Gas
    Cooling system
    Multi Units, Evaporative Cooling

    Building Details

    Year built
    1935
    Number of units
    2
    Roof type
    Metal, Rolled Hot Mop

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    Listing Contact
    Carla M Pavlik
    Carla M Pavlik

    Listing agent Carla M Pavlik License #SA113641000

    Listing office Coldwell Banker Northland 5200 E Cortland Blvd., Ste. D, Flagstaff, AZ

    Listing date Jun 19, 2026

    MLS# 204988 Listing URL

    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.

    HighLights

    • Two separate 2‑bedroom, 1‑bath units totaling 1,634 SF on a 0.16‑acre lot
    • Both units are currently occupied by tenants
    • Year built: 1935
    • Natural gas heating and natural gas service available
    • Cooling includes multi‑unit cooling and evaporative cooling
    • Roof includes metal and rolled hot mop

    Overview

    This duplex features two separate 2-bedroom, 1-bathroom units totaling 1,634 square feet. The property sits on a 0.16-acre lot and is fully occupied by tenants, making it a turn-key option for an owner looking to acquire residential income.

    Located at 423 W Gilmore Street in Winslow, Arizona, the property is positioned for convenient access to local amenities. Winslow is described as a town known for Route 66 charm, supporting a practical, community-oriented residential setting.

    For buyers seeking a small residential income property, the existing tenant occupancy and clear two-unit configuration are key considerations. Each unit’s layout is straightforward, with two bedrooms and one bathroom, which can simplify leasing and day-to-day management compared with larger mixed-use portfolios. Schedule a showing to review the units and confirm details with the seller.

    Local 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 $20.0k $12.24
    − Vacancy −$1.5k −$0.93
    EGI $18.5k $11.31
    − OpEx −$5.5k −$3.39
    NOI $12.9k $7.92
    1,634 SF · lease $12.24/SF/yr · vacancy 7.60% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $184.8K
    $161.7K – $215.6K (±1% cap)
    NOI $12,936 @ 7.0% cap · market cap 5.18%
    Second Best
    Apartment 5plus
    $164.4K
    $143.9K – $191.8K (±1% cap)
    NOI $11,509 @ 7.0% cap · market cap 4.61%
    Theoretical Best
    Specialty Retail
    $444.0K
    $388.5K – $518.0K (±1% cap)
    NOI $31,082 @ 7.0% cap · market cap 12.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Winslow
    County
    Navajo
    State
    Arizona
    Longitude
    -110.698862
    Latitude
    35.033265

    FAQs

    What type of property is this?
    Duplex - Two occupied 2-bedroom, 1-bath units provide steady rental income on a compact lot.
    Where is this duplex located?
    The property is located at 423 W Gilmore Street Winslow, AZ.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Two separate 2‑bedroom, 1‑bath units totaling 1,634 SF on a 0.16‑acre lot; Both units are currently occupied by tenants; Year built: 1935
    More about this property
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