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$1,050,000
903 W CLAY Avenue
Flagstaff, AZ 86001
MLS# 6939403



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Property Description
INVESTOR SPECIAL!! Two Single Family homes on one lot! Close to NAU, shopping, restaurants and downtown Flagstaff. Larger home built in 2007, smaller home in 1948. Larger home is 3 bdrm, 2.5 baths; smaller home is 3 bdrm, 1 bath. Larger home has in-floor heating throughout and gas fireplace. Smaller home is furnace. Neither units have central AC. Both homes have been well maintained, are close to NAU, and would make excellent rental properties for students or families for years to come. Both homes have in-home washer & dryer. Unit 1 has a completed upstairs attic, but needs some adjusting to make the entry way larger/accessible. It is closed off currently. Could unlock much bigger space for more rent.

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,050,000
List Price: $1,050,000
Status: Active
List Date: 2025-10-28
Location, Tax & Legal
Assessor's Map #: 2
Legal Description (Abbrev): SUBDIVISION: RIORDAN ADD BEG AT THE INTERSEC OF S LINE OF ARMORY AVE & E LINE OF BLACKBIR D ROOST AS
Assessor's Parcel #: 22
Add'l Parcels: No
Tax Municipality: Flagstaff
Census Tract: 1102
Taxes: 3800
Legal: SUBDIVISION: RIORDAN ADD BEG AT THE INTERSEC OF S LINE OF ARMORY AVE & E LINE OF BLACKBIR D ROOST AS
Marketing Name: None
House Number: 903
Compass: W
Street Name: CLAY
St Suffix: Avenue
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Zip4: 6200
County Code: Coconino
Subdivision: RIORDAN ADDITION
Assessor Number: 103-02-022
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 6691
Total # of Units: 2
Elementary School District: Flagstaff Unified District
High School District: Flagstaff Unified District
Year Built: 2007
Zoning: Residential
Legal Info
Range: 07E
Section: 21
Township: 21N
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Wood Siding: 1
Roofing
Composition: 1
Metal: 1
Floors
Tile: 1
Vinyl: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3800
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 50400
Pmt & Rate Info
Cap Rate: 4.24
Equity: 1100000
Down Payment %: 220000
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Other: 1
See Remarks: 1
Cooling
None: 1
Exterior Amenities
Fenced: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Built-In Electric Oven: 1
Built-In Gas Oven: 1
Disposal: 1
Refrigerator: 1
Washer/Dryer: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
No Carry: 1
1031 Exchange: 1
Special
Accept Backups (CLO): 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2100
Avg SqFt: 1700
# Baths: 35
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 35.195604
Geo Lon: -111.660872
Income Expenses
Gross Annual Sch Inc: 50400
Net Operating Income: 46600
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Wood Siding
Roofing: Composition; Metal
Floors: Tile; Vinyl
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Fenced
Interior Features: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Built-In Electric Oven; Built-In Gas Oven; Refrigerator; Disposal; Washer/Dryer
Heating: Natural Gas; Other; See Remarks
Cooling: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking Features: On Street; >1 Space Per Unit; Add'l Parking Avail
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Accept Backups (CLO)
Showing Notification Methods: Text
Lockbox Type: Combo
Existing 1st Loan: Conventional
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Environmental: None

IDX
Listing Office: Set in Stone Realty & Property Mgmt

Last Updated: April - 09 - 2026

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