Introducing a premier investment opportunity in the heart of downtown Flagstaff: a bundled portfolio featuring 601 W Dale Ave and 315 N Bonito St. This offering comprises three buildings housing a total of 12 spacious 2- and 3-bedroom units, delivering both immediate rental income and long-term appreciation potential.
Property Overview
Total Units: 12 (mix of 2- and 3-bedroom units)
Total Buildings: 3
Combined Square Footage: Approximately 13,972 sq ft
Lot Sizes: 601 W Dale Ave - 6,970 sq ft; 315 N Bonito St - 14,374 acres
Year Built: 1966 (601 W Dale Ave), 1973 (315 N Bonito St) Prime Downtown Flagstaff Location
Both properties are situated within walking distance to downtown Flagstaff, Northern Arizona University, and major employers. The neighborhood is known for its historic charm, tree-lined streets, and proximity to parks, schools, and public transportation.
Investment Highlights
Strong Rental Demand: The mix of unit sizes caters to a broad tenant base, including families, students, and professionals.
Value-Add Potential: Opportunities exist to enhance property value through interior upgrades and modern amenities.
Stable Income Stream: The properties' prime location ensures consistent occupancy rates.
Unified Sale: Both properties are to be sold together, providing a substantial foothold in Flagstaff's rental market.
Nearby Amenities
Education: Flagstaff High School, Eva Marshall Elementary, San Francisco de Asis Catholic School
Recreation: Thorpe Park, Flagstaff Urban Trail System
Transportation: Easy access to public transit and major roadways
For sale
$5,300,000
315 N Bonito St, Flagstaff, AZ 86001
32beds
12baths
13,972sqft
Est.:
Duplex, Triplex, 4-Plex, 8-Plex
Built in 1973
-- sqft lot
$-- Zestimate®
$379/sqft
$-- HOA
What's special
Modern amenitiesTree-lined streetsInterior upgrades
- 90 days
- on Zillow |
- 994 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 11:45am
Listed by:
Jacqueline A Kellogg 928-699-3445,
West USA Realty Flagstaff,
Timothy C Allen 928-600-0385,
West USA Realty Flagstaff
Source: NAZMLS,MLS#: 200628

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 12
Heating
- Natural Gas, Central
Features
- Has fireplace: No
Interior area
- Total structure area: 13,972
- Total interior livable area: 13,972 sqft
Property
Details
- Parcel number: 10007012b
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Triplex, 4-Plex, 8-Plex
Materials
- Roof: Asphalt,Metal,Pitched
Condition
- Year built: 1973
Utilities & green energy
- Water: City Water
- Utilities for property: Sewer Connected, Electricity Available, Natural Gas Available, Phone Available, Cable Available
Community & HOA
Location
- Region: Flagstaff
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $1,575,273
- Annual tax amount: $13,231
- Date on market: 5/11/2025
- Listing terms: Cash,Conventional
- Lease term: 1 Year +
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