1 E TERRACE Avenue 1&2, Flagstaff, AZ 86001

Property Description

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!

Listing Status:

Active

Date Added:

January 7, 2026

Data Last Updated:

March 12, 2026 at 7:08AM

Listing Office:

RealtyONEGroup Mountain Desert : 928-774-3392

Listing Agent:

Amanda Maestas : 928-814-3552

MLS ID:

6964784

Interior

• Flooring: CarpetVinyl
• A/C: Ceiling Fan(s)
• Heating: ElectricNatural GasCeiling

Exterior

• Parking: PavedAdd'l Parking AvailParking spaces: 6

Construction

• Roofing: Other
• General: Wood SidingWood Frame

Location

• Originating MLS: Arizona Regional Multiple Listing Service 2
• School District: Flagstaff Unified District
• County: Coconino

Lot

• Zoning: HR10123024

Utilities

• Water: City Franchise
• Sewer: Public Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2