403 S Wc Riles St, Flagstaff, AZ 86001

This fully remodeled Southside Flagstaff duplex presents a compelling investment opportunity in one of the city's most desirable, walkable rental locations, less than two blocks from Northern Arizona University and close to downtown Flagstaff's dining, shopping, trails, and year-round recreation. Set on a spacious corner lot, the property offers two distinct income-producing residences: a primary 3-bedroom, 2.5-bath home with a single-car garage, inviting front porch, private backyard access, and flexible space for owner occupancy or premium rental use; plus a separate 1-bedroom, 1-bath loft-style unit featuring open-concept living and a farmhouse-inspired kitchen. The recently completed remodel elevates the property's appeal for modern long-term tenants, university-adjacent renters, visiting professionals, and short-term guests. A spacious backyard with a spa creates an inviting outdoor amenity for relaxing, entertaining, and enhancing the guest experience--an especially valuable feature for Flagstaff's four-season vacation-rental market. Currently operating as a highly rated Airbnb, the property offers buyers a proven hospitality-oriented setup and the flexibility to continue short-term rentals, pursue a house-hack strategy, lease both units long term, or implement a hybrid rental plan aligned with their investment goals. Properties that combine a renovated two-unit layout, outdoor space, a spa, garage parking, and proximity to both NAU and downtown are increasingly difficult to find in Flagstaff's high-demand Southside market. Short-term-rental performance, occupancy, revenue, and licensing should be independently verified by buyers.