Skip main navigation
For sale
  • $5,300,000

    315 N Bonito St, Flagstaff, AZ 86001

    32beds
    12baths
    13,972sqft
    : 
    Duplex, Triplex, 4-Plex, 8-Plex
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $379/sqft
    $-- HOA

    What's special

    Modern amenitiesTree-lined streetsInterior upgrades
    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
    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#: 200628MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 315 N Bonito St.

    Next available tour time:Tomorrow at 11am

    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 +
    • Loading
    • Loading