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Multifamily & Income Properties for Sale in Flagstaff, AZ
Duplexes, triplexes, fourplexes, and small apartment buildings in Flagstaff, updated automatically from the MLS. Rental demand here comes from Northern Arizona University students and staff, Flagstaff Medical Center, and major employers like W. L. Gore & Associates, while the surrounding Coconino National Forest keeps buildable land scarce.
What I run on every multifamily deal:
• Rent roll and lease review, including how many units turn over with the NAU school year.
• Long-term vs. student vs. furnished/short-term rental strategy, unit by unit.
• Live-in-one-unit (house hack) and creative-financing options, including seller carry where the seller is open to it.
• Deferred maintenance and what Flagstaff winters do to roofs, decks, and parking.
I’ve personally bought 50+ houses and own Arizona rentals. Click Save Search to get new multifamily listings, or call/text Michael Vallee at 480-848-5780 | Real Broker, LLC
14 Featured Properties Available
- Default
- Newest Listings
- Price-High To Low
- Price-Low To High
- Beds (Most)
- Baths (Most)
- Year Built (Newest)
- 1/55 55
New$725,000
6 Beds906 N BEAVER Street #1-2, Flagstaff, AZ 86001
Multi-Family
Listed by Heather Fiser of Realty Executives of Northern Arizona
- 1/28 28
New$780,000
4848 LAKE MARY Road, Flagstaff, AZ 86005
Multi-Family
Listed by Dusty Rhoton of RE/MAX Fine Properties
- 1/31 31
Active$657,400
2,162 SqFt2315 N Center Street, Flagstaff, AZ 86004
Multi-Family
Listed by RE/MAX Fine Properties
- 1/35 35
Active$1,100,000
1,994 SqFt403 S Wc Riles Street, Flagstaff, AZ 86001
Multi-Family
Listed by Real Broker AZ
- 1/53 53
Price Dropped by $50K$725,000
2,683 SqFt906 N Beaver Street #1-2, Flagstaff, AZ 86001
Multi-Family
Listed by Realty Executives of Northern Arizona
- 1/22 22
Active$1,075,000
8 Beds3549 Kachina Trail, Flagstaff, AZ 86005
Multi-Family
Listed by Les Butters of eXp Realty
- 1/13 13
Active Under Contract$749,900
2,496 SqFt2912 N Main Street, Flagstaff, AZ 86004
Multi-Family
Listed by Realty One Group, Mountain Desert
- 1/50 50
Active$1,490,000
7 Beds309 N HUMPHREYS Street, Flagstaff, AZ 86001
Multi-Family
Listed by Bruce Bourne of Linton Real Estate, LLC
- 1/11 11
Active$322,000
0.58 Acres Lot3320 Forest Service Rd 237, Flagstaff, AZ 86005
Multi-Family
Listed by RE/MAX Fine Properties
- 1/17 17
Price Dropped by $175K$1,925,000
4,480 SqFt517 S Wc Riles Street, Flagstaff, AZ 86001
Multi-Family
Listed by Coldwell Banker Northland
- 1/13 13
Active$590,000
1,488 SqFt2502 N Main Street, Flagstaff, AZ 86004
Multi-Family
Listed by ABI Multifamily
- 1/33 33
Active$1,300,000
2,944 SqFt814 W Summit Avenue, Flagstaff, AZ 86001
Multi-Family
Listed by Flagstaff Property Management
- 1/49 49
Active$11,900,000
7,500 SqFt301 S O'Leary Street, Flagstaff, AZ 86001
Multi-Family
Listed by Congress Realty
- 1/125 125
Active$999,900
6 Beds903 W CLAY Avenue, Flagstaff, AZ 86001
Multi-Family
Listed by Ashley A. Duran of Set in Stone Realty & Property Mgmt
- 1