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1 E Terrace Avenue, 
Flagstaff, AZ 86001

$1,200,000


Bed


Bath


2,470

Sq Ft


Multi-Family

Active

Listed by

Amanda Maestas

Virginia K Britt

Realty One Group, Mountain Desert

928-774-3392

Last updated:

January 9, 2026, 08:56 PM

MLS#

203002

Source:

AZ NAAR

About This Home

1 E Terrace Avenue

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 rock wall with a 3D 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, schedule a tour today!

Home Facts

Multi-Family

Built in 2003

Price Summary

1,200,000

$485 per Sq. Ft.

MLS #:

203002

Last Updated:

January 9, 2026, 08:56 PM

Added:

11 day(s) ago


Rooms & Interior

Interior

Living Area:

2,470 Sq. Ft.


Structure

Structure

Building Area:

2,470 Sq. Ft.

Year Built:

2003


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$485 per Sq. Ft.

Source:AZ NAAR
The information being provided by Northern Arizona Association Of REALTORS® Mls is for the consumer’s 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 information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Northern Arizona Association Of REALTORS® Mls All rights reserved.
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1 E Terrace Avenue
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Sat, Jan 17
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Sun, Jan 18
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.