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    Flagstaff, AZ Multifamily Properties for Sale

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    Flagstaff Fourplex Investment Opportunity
    Updated: Apr 30
    Flagstaff Fourplex Investment Opportunity

    2420 N West Street, Flagstaff, AZ 86004

    $895,000
    3,150 sqft
    Consistent rental income from a 4‑unit property.
    Valuable Community Commercial Zoning offers flexibility.
    Located in a high‑demand area of Flagstaff, AZ, near amenities.
    Updated units, newer roof, new exterior paint, and upgraded electrical panel.
    Single‑level units in a single building.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2420 N West Street, Flagstaff, AZ 86004

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    • Est. Cap Rate

      3.2%
      NOI ÷ price

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $411K
      Suggested

    • Property Type

      Quadplex
      Built 1972
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    Duplex With One Vacant Unit
    Updated: Jul 10
    Duplex With One Vacant Unit

    906 N Beaver Street, Flagstaff, AZ 86001

    $775,000
    2,683 sqft
    Duplex in downtown Flagstaff; Unit 1 is vacant and Unit 2 has a tenant in place until August 31, 2026
    Year built 1928
    Natural gas heating with natural gas available
    Wood floors
    Asphalt roof
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    Flagstaff Multifamily Investment Opportunity
    Flagstaff Multifamily Investment Opportunity

    1662 E Mountain View Avenue, Flagstaff, AZ 86004

    $1,389,000
    2,952 sqft

    Two homes in Flagstaff, ideal for short-term rental or living.

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    Detached Homes Near 4th Street
    Detached Homes Near 4th Street

    2406 E 4th Avenue, Flagstaff, AZ 86004

    $1,200,000
    3,648 sqft

    Two newer homes near amenities, ideal for investors or occupants.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Flagstaff Multifamily Value-Add Opportunity
    Flagstaff Multifamily Value-Add Opportunity

    2100 E Rte 66, Flagstaff, AZ 86004

    $2,900,000
    6,659 sqft

    22 units on Route 66, full modernization needed.

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    22-Unit Apartment Building
    22-Unit Apartment Building

    2100 E Route 66, Flagstaff, AZ 86004

    $2,900,000
    6,659 sqft

    Property includes 19 studio units and 3 larger units, with roughly 75% currently occupied and requiring modernization.

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    Two-Home Residential Income Property
    Two-Home Residential Income Property

    713 W Birch Avenue, Flagstaff, AZ 86001

    $1,500,000
    2,993 sqft

    Two houses on one Flagstaff lot, with a 1928 front home and a 2005 rear home featuring a two-car garage.

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    Flagstaff Multifamily Portfolio Opportunity
    Flagstaff Multifamily Portfolio Opportunity

    315 N. Bonito St & 601 W Dale Ave, Flagstaff, AZ 86001

    $4,250,000
    13,972 sqft

    Rare 12-unit portfolio in Flagstaff's walkable core.

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    Remodeled Multifamily Investment Opportunity
    Remodeled Multifamily Investment Opportunity

    2010 E Rte 66, Flagstaff, AZ 86004

    $3,695,000
    12,864 sqft 0.90 AC lot

    19-unit property on 0.89 acres in Flagstaff, Arizona.

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    Flagstaff Duplex: Income Opportunity
    Flagstaff Duplex: Income Opportunity

    1 E Terrace Avenue, Flagstaff, AZ 86001

    $1,200,000
    2,470 sqft

    Income-producing duplex near downtown Flagstaff with garages and private yards.

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    Modern Duplex with Two-Car Garages
    Modern Duplex with Two-Car Garages

    11 E Sullivan Avenue, Flagstaff, AZ 86001

    $1,375,000
    3,366 sqft

    Two complete residences on one lot with fee simple ownership and no HOA.

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    Quadplex with Fenced Backyards
    Quadplex with Fenced Backyards

    517 S Wc Riles Street, Flagstaff, AZ 86001

    $2,100,000
    4,480 sqft

    Four identical units positioned across from NAU’s north campus, offering walkable student housing and private outdoor space.

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    New Duplexes in Booming Corridor
    New Duplexes in Booming Corridor

    1919 E Arrowhead Avenue, Flagstaff, AZ 86004

    $2,390,000
    6,688 sqft

    Two new duplexes in Flagstaff's 4th Street corridor.

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    New Duplex in Booming Corridor
    New Duplex in Booming Corridor

    1919 E Arrowhead Avenue, Flagstaff, AZ 86004

    $1,250,000
    3,344 sqft

    New duplex in Flagstaff's 4th Street corridor, convenient location.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Flagstaff, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    The FoxBox
    The FoxBox

    1720 E Sagebrush Rd, Williams, AZ 86046

    $695,000
    1,600 sqft 1.40 AC lot

    Modern Luxury Hillside STR with Amazing Views

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    423 W Gilmore Street, Winslow, AZ 86047

    $249,900
    1,634 sqft

    Two occupied 2-bedroom, 1-bath units provide steady rental income on a compact lot.

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    Winslow Portfolio: Multifamily and Restaurant
    Winslow Portfolio: Multifamily and Restaurant

    1914 West 3rd Street, Winslow, AZ 86047

    $21,500,000
    104,760 sqft

    202 apartment units, vacant restaurant in Winslow, Arizona.

    View details
    Downtown Williams Mixed-Use Investment
    Downtown Williams Mixed-Use Investment

    112 & 116 S 1st ST, Williams, AZ 86046

    $1,950,000

    High-performing mixed-use property in downtown Williams, Arizona.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Rimrock Land Ready to Build
    Rimrock Land Ready to Build

    3580 N Kit Carson Trail, Rimrock, AZ 86335

    $220,000
    6.57 AC lot

    6.73-acre property ready for construction in Rimrock, Arizona.

    View details
    Commercial Land with Lot Split
    Commercial Land with Lot Split

    871 N NORTHLAND Road, Williams, AZ 86046

    $48,000
    10.00 AC lot

    10-acre parcel near US Highway 64 and within about 4,000 feet of APS electricity, currently undergoing a minor lot split.

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    Residential Land in Paulden, Arizona
    Residential Land in Paulden, Arizona

    25285 N Lakeside Drive, Paulden, AZ 86334

    $49,900
    0.25 AC lot

    Residential land with utilities nearby and septic permit in place.

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    25 Acres Land in Paulden
    25 Acres Land in Paulden

    25070 N Midget Lane, Paulden, AZ 86334

    $245,000
    25.00 AC lot

    25 acres of land, split into 5 lots possible.

    View details

    Off-Market Properties in Flagstaff, AZ

    Consider similar Off-Market properties in Flagstaff, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    230 Dunnam St
    APARTMENT HOUSE (5+ UNITS)

    230 Dunnam St, Flagstaff, AZ 86001-2412

    $500,000
    Estimated value
    3,576 sqft 0.33 AC lot
    View details
    3400 Lk Mary Rd
    APARTMENT HOUSE (100+ UNITS)

    3400 Lk Mary Rd, Flagstaff, AZ 86005-9392

    $605,000
    Estimated value
    2,025 sqft 5.17 AC lot
    View details
    419 Leroux St
    APARTMENT HOUSE (5+ UNITS)

    419 Leroux St, Flagstaff, AZ 86001-5647

    Value Estimation by Request
    4,545 sqft 0.13 AC lot
    View details
    555 Frst Mdws St
    APARTMENT HOUSE (100+ UNITS)

    555 Frst Mdws St, Flagstaff, AZ 86001-3600

    Value Estimation by Request
    6,493 sqft 6.07 AC lot
    View details
    1201 Ponderosa Pkwy
    APARTMENT HOUSE (100+ UNITS)

    1201 Ponderosa Pkwy, Flagstaff, AZ 86001-3373

    $28,050,000
    Estimated value
    495 sqft 4.59 AC lot
    View details
    1550 Ft Vly Rd
    APARTMENT HOUSE (5+ UNITS)

    1550 Ft Vly Rd, Flagstaff, AZ 86001-1274

    Value Estimation by Request
    16,896 sqft 2.01 AC lot
    View details
    2578 Tovar Trl, Unit 73
    MOBILE HOME PARK, TRAILER PARK

    2578 Tovar Trl, Flagstaff, AZ 86005-3913

    Unit 73
    Value Estimation by Request
    12.98 AC lot
    View details
    520 Verde St
    APARTMENT HOUSE (5+ UNITS)

    520 Verde St, Flagstaff, AZ 86001-7614

    Value Estimation by Request
    4,200 sqft 0.51 AC lot
    View details
    7700 Majestic Mtn Ln
    MOBILE HOME PARK, TRAILER PARK

    7700 Majestic Mtn Ln, Flagstaff, AZ 86004-9513

    Value Estimation by Request
    1,385 sqft 2.44 AC lot
    View details
    1033 Sawmill Rd
    APARTMENT HOUSE (100+ UNITS)

    1033 Sawmill Rd, Flagstaff, AZ 86001-5833

    $535,000
    Estimated value
    12.26 AC lot
    View details

    Flagstaff, AZ Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Flagstaff, AZ, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 75,928 square feet of properties for sale, with an estimated market value of $27,819,000.

    Sale prices for multifamily properties in Flagstaff, AZ start at $775,000, averaging $1,987,071, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Quadplexes 4
    Short term rental properties 4
    Apartment buildings 3

    Demographics Overview

    Population 100K
    Population Growth (5Y) +192.4%
    Median Household Income $72,995
    College Educated 52.9%

    High-Yield Neighborhoods for Investment

    Identify Flagstaff submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    86001 $1.9M
    86004 $2.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Coconino County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Flagstaff fall within the 100,000+ square foot range.

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