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For sale
  • $1,200,000

    1 E Terrace Ave #1&2, Flagstaff, AZ 86001

    5beds
    3baths
    2,470sqft
    : 
    $6,796/mo
    Get pre-qualified
    Single Family Residence
    Built in 2003
    6,534 Square Feet Lot
    $1,139,300 Zestimate®
    $486/sqft
    $-- HOA

    What's special

    Ample parkingWarm inviting atmospherePrivate backyardFull kitchensSpacious unitThoughtful upgradesSpacious interiors
    **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!
    189 days
    |
    373
    |
    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Maestas 928-774-3392,

    Realty One Group, Mountain Desert,

    Virginia K Britt 928-699-3992,

    Realty One Group, Mountain Desert

    Source: NAZMLS,MLS#: 203103MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Natural Gas
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Washer/Dryer
      • Laundry: In Hall, Laundry Room
      Features
      • Pantry, Breakfast Bar
      • Flooring: Carpet, Vinyl
      • Windows: Double Pane Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 2,470
      • Total interior livable area: 2,470 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Multi/Split
      • Fencing: Perimeter
      • Has view: Yes
      • View description: Panoramic
      Lot
      • Size: 6,534 Square Feet
      • Features: Landscaped
      • Topography: Level
      Details
      • Parcel number: 10123024

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • Year built: 2003

      Utilities & green energy

      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available

      Community & HOA

      Location
      • Region: Flagstaff

      Financial & listing details

      • Price per square foot: $486/sqft
      • Annual tax amount: $4,637
      • Date on market: 1/21/2026
      • Cumulative days on market: 190 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $1,139,300

        $1.08M - $1.20M

        $4,412/mo

        Price history

        DateEventPrice
        1/7/2026Listed for sale$1,200,000+26.1%$486/sqft
        Source: ARMLS #6964784 Report a problem
        2/8/2024Sold$952,000-2.4%$385/sqft
        Source: NAZMLS #194432 Report a problem
        1/4/2024Pending sale$975,000$395/sqft
        Source: NAZMLS #194432 Report a problem
        11/5/2023Price change$975,000-4.9%$395/sqft
        Source: NAZMLS #194432 Report a problem
        10/17/2023Price change$1,025,000-2.4%$415/sqft
        Source: NAZMLS #194432 Report a problem
        9/6/2023Price change$1,050,000-2.3%$425/sqft
        Source: NAZMLS #194432 Report a problem
        8/21/2023Listed for sale$1,075,000+43.3%$435/sqft
        Source: NAZMLS #194432 Report a problem
        5/15/2021Listing removed--
        Source: NAZMLS Report a problem
        4/15/2021Pending sale$750,000$304/sqft
        Source: NAZMLS #184489 Report a problem
        2/8/2021Price change$750,000+11.1%$304/sqft
        Source: NAZMLS #184489 Report a problem
        2/5/2021Listed for sale$675,000$273/sqft
        Source: Linton Real Estate #184489 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown Flagstaff

        Getting around

        64 / 100
        Somewhat Walkable
        61 / 100
        Good Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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