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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

1 E Terrace Avenue (unit 1&2), Flagstaff, AZ – $1,200,000

  • $1.2M Price
  • $1.2M Price

1 E Terrace Avenue (unit 1&2)

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 waterfall wall with a gas 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, come see it today!

Essential Information

  • MLS® #6964784
  • Price$1,200,000
  • Year Built2003
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address1 E Terrace Avenue (unit 1&2)
  • SubdivisionRAILROAD ADDITION
  • CityFlagstaff
  • CountyCoconino
  • StateAZ
  • Zip Code86001

Amenities

  • AmenitiesNo Pool
  • Parking Spaces6
  • ParkingPaved, Add'l Parking Avail

Interior

  • HeatingElectric, Natural Gas, Ceiling
  • CoolingCeiling Fan(s)

Appliances

Dishwasher, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer

Exterior

  • RoofOther
  • ConstructionWood Siding, Wood Frame

School Information

  • DistrictFlagstaff Unified District
  • ElementaryEva Marshall Elementary School
  • MiddleMount Elden Middle School
  • HighCoconino High School

Additional Information

  • ZoningHR

Listing Details

  • OfficeRealtyONEGroup Mountain Desert
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RealtyONEGroup Mountain Desert.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on February 4th, 2026 at 3:43am MST.