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For sale by owner
    • $625,000

    1487 E Payton Way, Flagstaff, AZ 86001

    5beds
    2,264sqft
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    Townhouse
    Built in 2006
    2,614 Square Feet Lot
    $-- Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Two car garageNew carpetLow maintenance landscaped backyardTwo separate rentable unitsIncluded all appliances
    Income-Producing Property Near NAU & Downtown Flagstaff! Fantastic investment opportunity in the desirable Rio Homes subdivision! This well-maintained 5 bed, 3.5 bath property features two separate rentable units, making it a perfect income-producing asset or multi-generational living setup. Conveniently located minutes from NAU, CCC, Downtown Flagstaff, and with easy access to the Flagstaff Urban Trail System, this home offers both lifestyle and location. Enjoy new carpet, included all appliances, and a smart layout designed for comfort and functionality. Two car garage and low maintenance landscaped backyard. Whether you're looking to live in one unit and rent the other, or rent both, the possibilities are flexible and rewarding. Do not disturb tenants. Shown by appointment only. Don't miss your chance to own a high-demand rental in one of Flagstaff’s most sought-after communities! Owner is a licensed Reale Estate Agent in AZ.
    19 days
    |
    349
    |
    3
    |
    Listed by:

    Property Owner (928) 530-8818

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Forced air, Other
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      • Laundry: In Unit
      Features
      • Flooring: Tile, Carpet
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,264 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached, Off-street
      Features
      • Exterior features: Wood products, Composition
      Lot
      • Size: 2,614 Square Feet
      Details
      • Parcel number: 10417121

      Construction

      Type & style
      • Home type: Townhouse
      Materials
      • steel
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 2006

      Community & HOA

      Location
      • Region: Flagstaff

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $611,715
      • Annual tax amount: $3,131
      • Date on market: 7/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,489/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$625,000-3.8%$276/sqft
        Source: Owner Report a problem
        4/23/2026Listing removed--
        Source: Owner Report a problem
        1/23/2026Price change$650,000-4.3%$287/sqft
        Source: Owner Report a problem
        11/28/2025Price change$679,000-3%$300/sqft
        Source: Owner Report a problem
        10/3/2025Price change$700,000-2.6%$309/sqft
        Source: Owner Report a problem
        9/1/2025Listed for sale$719,000+242.5%$318/sqft
        Source: Owner Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        7/19/2019Listing removed$2,500$1/sqft
        Source: Owner Report a problem
        6/18/2019Listed for rent$2,500+4.2%$1/sqft
        Source: Owner Report a problem
        4/8/2014Listing removed$2,400$1/sqft
        Source: Postlets Report a problem
        1/10/2014Price change$2,400-4%$1/sqft
        Source: Postlets Report a problem
        1/7/2014Listed for rent$2,500$1/sqft
        Source: Postlets Report a problem
        11/14/2012Listing removed$209,900$93/sqft
        Source: CENTURY 21 Flagstaff Realty #150719 Report a problem
        9/20/2012Pending sale$209,900$93/sqft
        Source: CENTURY 21 Flagstaff Realty #150719 Report a problem
        9/5/2012Price change$209,900-24.7%$93/sqft
        Source: Homepath #150719 Report a problem
        8/4/2012Listed for sale--
        Source: Homepath Report a problem
        6/7/2011Sold$278,893-32%$123/sqft
        Source: Public Record Report a problem
        10/27/2006Sold$410,000$181/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$3,131 +3%$61,171 +2.6%
        2025$3,038 +4%$59,603 +0.4%
        2024$2,922 +6.5%$59,357 +25.2%
        2023$2,743 +2.9%$47,393 +20.9%
        2022$2,667 +2.9%$39,195 +2.3%
        2021$2,593 +1.9%$38,327 +9%
        2020$2,543 +2.8%$35,178 +21%
        2019$2,474 $29,080 +4.8%
        2018$2,474 +6.9%$27,736 +8.2%
        2017$2,315 +5.5%$25,624 +6%
        2016$2,193 $24,176 +4.3%
        2015$2,193 +8%$23,185 +5%
        2014$2,031 +15.9%$22,076 +6.3%
        2013$1,753 $20,769
        2012-- --
        2011-- --
        2010$2,027 +0.6%--
        2009$2,014 +829.8%--
        2008$217 --
        2007-- --
        2006$168 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 86001

        Getting around

        14 / 100
        Car-Dependent
        47 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Flagstaff Unified
        • Middle: Flagstaff Unified
        • High: Flagstaff Unified

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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