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Rented Three-Unit Property
For Sale
$699,000

511 South Verde Street, Flagstaff, AZ 86001

Residential income property with two one-bedroom units and one two-bedroom unit, all currently rented.

Property Size1,613 SF
Price / SF$433.35
Days on Market366

Property Features for 511 South Verde Street

General Information

Standard status Active
Size 1,613 SF
Property subtype Multi-Family / Multi-Plex
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,236

Amenities

Yes
MLS
.00

Building Details

Year Built 1940
Listing Agency: Best Flagstaff Homes Realty
Listed By: Jessica C Garard · License #BR577728000
Source: Compass
Added: Aug 31, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:32AM

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 Best Flagstaff Homes Realty

Investment Insights

Based on property information with market context.

Built in 1940, this 1,613-square-foot residential income property contains three units. The configuration includes two one-bedroom, one-bath units and one two-bedroom, one-bath unit. All three units are currently rented, and the property is being sold in as-is condition.

The property is located on South Verde Street in Flagstaff, near Northern Arizona University and Downtown Flagstaff. Most of the main water line has recently been replaced, providing a documented capital improvement to the property’s core plumbing infrastructure.

Key Highlights

  • Three‑unit property with two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • All units are currently rented
  • 1,613 square feet on South Verde Street in Flagstaff

Property Analytics

Current Use

DJ Carma Nightclub

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 86001, AZ

37,093
Population
15,364
Households
2.4
Avg Household Size
27
Median Age
55%
College-Educated
96%
High-School Grad
290.4 sq mi
ZIP Area
128
Density / Sq Mi
$62,587
Median Household Income
$24,346
Median Earnings
$1,505
Median Rent
$570,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Residential income property with two one-bedroom units and one two-bedroom unit, all currently rented.
Where is this triplex located?
The property is located at 511 South Verde Street Flagstaff, AZ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three‑unit property with two 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; All units are currently rented; 1,613 square feet on South Verde Street in Flagstaff
More about this property
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