823 W Clay Ave

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Address: 823 W Clay Ave, Flagstaff, AZ 86001, USA
Phoenix & Southwest + Apartment Buildings
Created date: June 1, 2026
Date last updated: June 2, 2026
Price: $890,000Investment Analyzer NEW!
  • Close Proximity to Northern Arizona University
  • Zoned Highway Commercial
  • Build up to 8 Townhomes
  • Flexible Zoning
  • Strategic location in Flagstaff area

Property Description

Explore the potential of this prime 2,422 SF building, boasting a historic legacy dating back to 1935. Zoned HC and situated in the thriving Flagstaff area, this property presents a compelling opportunity for a multifamily or mid-rise investor. With its timeless architectural charm and versatile layout, the building offers endless possibilities for creative reimagining and adaptation to suit contemporary needs. Embrace the allure of this distinguished property, strategically positioned to capitalize on the burgeoning real estate market of Flagstaff. With its rich heritage and robust zoning, this building stands as a promising canvas for a multifamily or mid-rise venture in this sought-after location.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $890,000
No. of Units: 8
Year Built: 1935
Lot Size: 0.31 Acres
Opportunity Zone: No
Price per unit: $111,250
Property Website Click Here
Address: 823 W Clay Ave, Flagstaff, AZ 86001, USA
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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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