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315 N Bonito Street, Flagstaff, AZ 86001

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For Sale

$5,300,000

13,972 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $379.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Introducing a premier investment opportunity in the heart of downtown Flagstaff: a bundled portfolio featuring 601 W Dale Ave and 315 N Bonito St. This offering comprises three buildings housing a total of 12 spacious 2- and 3-bedroom units, delivering both immediate rental income and long-term appreciation potential. Property Overview Total Units: 12 (mix of 2- and 3-bedroom units) Total Buildings: 3 Combined Square Footage: Approximately 13,972 sq ft Lot Sizes: 601 W Dale Ave - 6,970 sq ft; 315 N Bonito St - 14,374 acres Year Built: 1966 (601 W Dale Ave), 1973 (315 N Bonito St) Prime Downtown Flagstaff Location Both properties are situated within walking distance to downtown Flagstaff, Northern Arizona University, and major employers. The neighborhood is known for its historic charm, tree-lined streets, and proximity to parks, schools, and public transportation. Investment Highlights Strong Rental Demand: The mix of unit sizes caters to a broad tenant base, including families, students, and professionals. Value-Add Potential: Opportunities exist to enhance property value through interior upgrades and modern amenities. Stable Income Stream: The properties' prime location ensures consistent occupancy rates. Unified Sale: Both properties are to be sold together, providing a substantial foothold in Flagstaff's rental market. Nearby Amenities Education: Flagstaff High School, Eva Marshall Elementary, San Francisco de Asis Catholic School Recreation: Thorpe Park, Flagstaff Urban Trail System Transportation: Easy access to public transit and major roadways
MLS# 200628

Courtesy Of PB Flagstaff, LLC

(928) 779-5354

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Asphalt, Metal

Map and Directions

Directions to 315 N Bonito Street, Flagstaff, AZ 86001

Home seller CENTURY 21 Northwest Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northwest Realty

(623) 979-0065
Learn More About Us

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Copyright © 2025 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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