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1 E Terrace Avenue , 1&2

Flagstaff, AZ 86001
  • $1,200,000
  • STATUS: Active
  • ID#: 6964784
UPDATED: 29 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Discover an exceptional income-producing opportunity at 1 E Terrace Ave, Units 1 & 2-Where versatility, comfort, and location come together in one remarkable property. Perfect for owner-occupants or investors, this rare duplex allows you to live in one spacious unit while generating income from the other. Both residences are thoughtfully designed with full kitchens, in-unit washer and dryer sets, and their own private 1-car garages—a true luxury in Flagstaff. Each unit also features its own private backyard, offering outdoor space that's ideal for relaxing, entertaining, or enjoying Flagstaff's four beautiful seasons. Located just seconds from downtown, you'll enjoy the convenience of city living while still being tucked into your own private setting. From the balcony, take in sweeping views overlooking Flagstaff's natural beauty, a daily reminder of why this area is so sought after. Inside, each unit offers its own unique character. One features a newly added waterfall wall with a gas fireplace, creating a stunning focal point and a warm, inviting atmosphere. The other showcases a custom Flagstaff mural wall, adding artistic charm and a sense of place that guests and tenants will love. With ample parking, spacious interiors, and thoughtful upgrades, this property is perfectly positioned for long-term rental, short-term rental, or multigenerational living. Whether you're looking to offset your mortgage or expand your investment portfolio, 1 E Terrace Ave delivers flexibility and financial potential without compromising comfort or style. A rare find in an unbeatable location, come see it today!

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-18T16:13:13.71.
www.arizonahomesearch.com/homes/171807984
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1 E Terrace Avenue , 1&2 Flagstaff, AZ 86001

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • Updated: 29 min ago
  • ID#: 6964784
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2003
Built
Neighborhood:
Railroad Addition
County:
Coconino
Area:
Flagstaff
Elementary School:
Eva Marshall Elementary School
Middle School:
Mount Elden Middle School
High School:
Coconino High School
Property Description
Discover an exceptional income-producing opportunity at 1 E Terrace Ave, Units 1 & 2-Where versatility, comfort, and location come together in one remarkable property. Perfect for owner-occupants or investors, this rare duplex allows you to live in one spacious unit while generating income from the other. Both residences are thoughtfully designed with full kitchens, in-unit washer and dryer sets, and their own private 1-car garages—a true luxury in Flagstaff. Each unit also features its own private backyard, offering outdoor space that's ideal for relaxing, entertaining, or enjoying Flagstaff's four beautiful seasons. Located just seconds from downtown, you'll enjoy the convenience of city living while still being tucked into your own private setting. From the balcony, take in sweeping views overlooking Flagstaff's natural beauty, a daily reminder of why this area is so sought after. Inside, each unit offers its own unique character. One features a newly added waterfall wall with a gas fireplace, creating a stunning focal point and a warm, inviting atmosphere. The other showcases a custom Flagstaff mural wall, adding artistic charm and a sense of place that guests and tenants will love. With ample parking, spacious interiors, and thoughtful upgrades, this property is perfectly positioned for long-term rental, short-term rental, or multigenerational living. Whether you're looking to offset your mortgage or expand your investment portfolio, 1 E Terrace Ave delivers flexibility and financial potential without compromising comfort or style. A rare find in an unbeatable location, come see it today!
Exterior Features

Attached Garage YN No Construction Materials Wood SidingWood Frame Covered Spaces 2 Exterior Features [] Open Parking Spaces 4 Parking Features PavedAdd'l Parking Avail Road Surface Type Asphalt Roof Other

Interior Features

Appliances Included Washer Dryer Yes Cooling Ceiling Fan(s) Cooling YN Yes Heating Forced AirElectricNatural GasCeiling Heating YN Yes Interior Features []

Property Features

Community Features No Pool Disclosures None Flood Zone No Flooring CarpetVinyl Gross Income 0 Listing Terms CTLConventional Owner Pays GasElectricityTrash CollectionWaterSewer Ownership Fee Simple Property Condition [] Security Features [] Sewer Public Sewer Tax Annual Amount 4638 Tax Year 2025 Water Source City Franchise Zoning HR

Arizona Regional MLS logo Listing provided by RealtyONEGroup Mountain Desert: .


Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-18T16:13:13.71.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718