203 & 205 S Spring Street Flagstaff, AZ $ 950,000
203 & 205 S Spring Street
$ 950,000
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203 & 205 S Spring Street

Flagstaff, AZ, 86001
$ 950,000
Baths0.0

Monthly Estimate*

$ 5,927

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Studio

Multi-Family Home for sale in Flagstaff, AZ

for $950,000. This home was built in 1917.

An exceptional opportunity in one of Flagstaff's most sought-after neighborhoods, just blocks from downtown! This unique property features two detached homes on one lot, combining historic charm with unmatched convenience. Perfect for investors, multi-generational living, or future redevelopment potential. This one-of-a-kind property includes a beautifully preserved single-level 3-bed/ 1-bath Craftsman bungalow, built in 1917! Rich with character, it showcases original woodwork and timeless architectural details that reflect its heritage. The spacious layout and welcoming ambiance make it a standout primary residence or income-producing rental. The second home is a 1-bed, 1-bath cottage with a unique backstory. Stories have been told that it once served as the spring house, with a well in the basement! With its rock wall construction and historical significance, it's said the street name was inspired by this very home, adding unique value and storybook charm. Both homes have a strong rental history and are located just a short distance to Flagstaff's beloved Sunday farmers market, local trails, and some of the city's best dining and coffee spots. The designated off-street parking for both properties is a life-saver during Winter months! Opportunities like this are rare, where historic charm, location, and versatility come together in the heart of Flagstaff. Owner carry options available. Foundation repair is scheduled for November 24-26.

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Multi-Family Contingent

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,391

Style

Multiple Dwellings

Year Built

1917

Town/City

Flagstaff

County/Region

Coconino

MLS | Web ID

6856013

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Ceiling Fan(s)
Roof Composition Rolled/Hot Mop
Zoning R1N
Construction Materials Wood Siding Wood Frame Stone
Year Built 1917
Electric APS
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 0.0
Community Features No Pool
County Coconino
Net Operating Income 0.0
Operating Expense 4391.14
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status UCB (Under Contract-Backups)
Directions Head west on Santa Fe Ave. Turn left onto W Summit Ave. Turn left at the 2nd cross street onto S Spring St. Property is on the corner of Summit and Spring.
City Flagstaff
Disclosures Seller Prop Disc Stm
High School District Flagstaff Unified District
Open Parking Spaces 4.0
Number Of Units Total 2
Lot Size Square Feet 0.0
Carport Y/N N
Elementary School Eva Marshall Elementary School
Tax Annual Amount 4391.14
Middle/Junior High School Mount Elden Middle School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=RcupjuRez3H&mls=1
Standard Status Active Under Contract
Occupancy Type Vacant
Elementary School District Flagstaff Unified District
Tax Lot 10028023A
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Carpet Ceramic Tile Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved Free >1 Space Per Unit
Water Source City Franchise
Total Parking 4.0
Lot Size Area 0.0
Number of Buildings 2
Spa N
Lot Dimensions 106x75
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 203205
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* Excluded Features
List By
Flagstaff Top Producers Real Estate

Broker

valerie@flagstaffhouses.com

Email

Affordability Calculator

$6,293
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$366
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4897691 Elementary School
4897693 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$950,000 -4.52% Price Down
10/8/2025$995,000 -5.24% Price Down
8/18/2025$1,050,000 -4.55% Price Down
4/23/2025$1,100,000 Listed Price

Map


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203 & 205 S Spring Street, Flagstaff, AZ, 86001 is a Multi-Family Home for sale at $950,000. 203 & 205 S Spring Street is a studio with 0.0 baths and was built in 1917. The property's zip code is 86001 which is in Flagstaff, AZ