MLS# 6964784 – 1 E Terrace Avenue Unit 1&2, Flagstaff, AZ 86001

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$1,200,000 - Br/Ba - for Sale in Railroad Addition, Flagstaff
Price: $1,200,000
Units: 2
Property Type: Multiple Dwellings
Status: Active
Year Built: 2003
Neighborhood: Railroad Addition
Days on Website: 147

Courtesy of RealtyONEGroup Mountain Desert

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Property Description

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 waterfall wall with a gas 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, come see it today!

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Property Details and Features

  • Appliances & Equipment
  • “Dishwasher”
  • “Refrigerator”
  • “Built-In Gas Oven”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 2003
  • Construction materials: “Wood Siding”, “Wood Frame”
  • 2 total units
  • Cooling
  • “Ceiling Fan(s)”
  • Floors
  • “Carpet”
  • “Vinyl”
  • Heating
  • “Forced Air”
  • “Electric”
  • “Natural Gas”
  • “Ceiling”
  • Listing
  • Listing ID: 6964784
  • Standard status: Active
  • 147 days on market
  • Location
  • Subdivision name: RAILROAD ADDITION
  • Parking
  • “Paved”
  • “Add’l Parking Avail”
  • 6 total parkings
  • Property
  • Zoning: HR
  • Schools
  • Elementary school: Eva Marshall Elementary School
  • High school: Coconino High School
  • High school district: Flagstaff Unified District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $4,638
  • Lot: 14,1&4
  • Utilities
  • “City Electric”

Property Map

$1,200,000 – 1 E Terrace Avenue Unit 1&2, Flagstaff, AZ 86001

Street View

Nearby Schools

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Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Request More Information

Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Schedule a Showing

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This content last updated on June 3, 2026 10:17AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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