● For sale

$1,200,000

1 E TERRACE Avenue 1&2, Flagstaff, AZ 86001

RAILROAD ADDITION · Coconino County

Built 2003 No HOA
145 days on market

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!

Property details

Interior

Bathrooms

  • Total Bathrooms: 0

Appliances

  • Refrigerator
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Built-In Gas Oven

Heating and Cooling

  • Cooling Features: Ceiling Fan(s)
  • Heating Features: Electric, Natural Gas, Ceiling, Forced Air
Exterior

Land Info

  • Lot Size Dimensions: 129.46x29.52x123.19x48.74

Garage and Parking

  • Attached Garage: No
  • Parking Features: Paved
Community

Neighborhood

  • Subdivision: RAILROAD ADDITION
Listing

Other Property Info

  • Annual Tax Amount: $4,638
  • Source Listing Status: Active
  • County: Coconino
  • Directions: Go East on Birch, Right on Terrace, Property is on the Left
  • Parcel Number: 101-23-024
  • Zoning: HR
  • Postal City: Flagstaff
  • Listing Date: 1/7/2026
  • MLS#: 6964784
Features

Building and Construction

  • Year Built: 2003
  • Property Age: 23
  • Construction Materials: Wood Frame, Wood Siding
  • Roof: Other

Utilities

  • Water Source: City Franchise

Contact Us

Contact Us

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Listed by Amanda Maestas RealtyONEGroup Mountain Desert

Listing updated: January 16, 2026

MLS#: 6964784

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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