Views - Primary on Main
Address
1 E Terrace Avenue 1&2, Flagstaff, AZ
Price
$ 1,200,000
Property Attributes
  • MLS#203103
  • TypeSingle Family
  • Listing Status Active
  • CountyCoconino
  • CityFlagstaff
  • AreaPinecrest-Cherry Hill
  • Zip86001
  • StyleSingle Family Residence
  • Year Built2003
  • Taxes$ 4637
  • Price$ 1,200,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2470
  • Lot Size0.15 Acres
Data Source:
Northern Arizona Association of REALTORS® (NAAR)
Property Description

**2 UNIT SINGLE FAMILY RESIDENCE** CROSS POSTED UNDER MULTIFAMILY (203002) 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 rock wall with a 3D 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, schedule a tour today!

Price History
1/21/2026 Listed $1,200,000

General Features

Utilities Electricity Available,Natural Gas Available
Possession Close Of Escrow
Topography Level
Property Subtype Single Family Residence
Tax Year 2025
County Coconino
Property Type Residential
Status Active
Directions Go East on Birch, Right on Terrace, Property is on the left.
City Flagstaff
MLS Area 140 - Pinecrest/Cherry Hill
Lot Size Units Acres
Lot Size Square Feet 6389
Tax Annual Amount 4637
MLS Area Minor 140 - Pinecrest/Cherry Hill
Standard Status Active
View Panoramic
Heating Natural Gas
Appliances Electric Range
Garage Spaces 2
Year Built 2003
Levels Multi/Split
Attached Garage true
Year Built Source County
Unit Number 1&2
Cooling Ceiling Fan(s)

Interior Features

Total Baths 3
Interior Amenities Pantry,Breakfast Bar
Flooring Carpet,Vinyl
Heating Y/N true
Window Features Double Pane Windows
Laundry Features In Hall,Separate Room,Washer/Dryer
Total Bedrooms 5
Pantry true
Air Conditioning Y/N true

Exterior Features

Lot Size Area 0.15
Lot Size Acres 0.15
Road Surface Type Paved
Building Area Total 2470
Fencing Perimeter
Foundation Details Slab
Road Responsibility Public Maintained Road
Lot Features Landscaped

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 86001

Price
AVG $1.67M
$1.2M
Taxes
AVG $3,996
$4,637
Year Built
AVG 1999
2003

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