315 N Bonito Street, Flagstaff, AZ 86001
Local realty services provided by:Better Homes and Gardens Real Estate Grand View North
315 N Bonito Street,Flagstaff, AZ 86001
$4,900,000
- - Beds
- - Baths
- 13,972 sq. ft.
- Multi-family
- Active
Listed by: jacqueline a kellogg, timothy c allen
Office: west usa realty flagstaff
MLS#:200628
Source:AZ_NAAR
Price summary
- Price:$4,900,000
- Price per sq. ft.:$350.7
About this home
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
Contact an agent
Home facts
- Year built:1973
- Listing ID #:200628
- Added:177 day(s) ago
- Updated:November 14, 2025 at 03:15 PM
Rooms and interior
- Living area:13,972 sq. ft.
Heating and cooling
- Heating:Central, Heating, Natural Gas
Structure and exterior
- Year built:1973
- Building area:13,972 sq. ft.
Utilities
- Water:City Water
- Sewer:Sewer Connected
Finances and disclosures
- Price:$4,900,000
- Price per sq. ft.:$350.7
- Tax amount:$13,231
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