1221 E 3rd Street, Winslow, AZ 86047
1221 E 3rd Street, Winslow, AZ 86047
1221 E 3rd Street, Winslow, AZ 86047
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$1,395,000
Est. payment /mo
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10,413 SqFt
Active

1221 E 3rd Street Winslow, AZ 86047

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Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,413 sqft

Price per Sqft $133

MLS Listing ID 201628

Year Built 1962

Annual Tax Amount $1,561

Tax Year 2024

Lot Dimensions 100' x 230'

Property Sub-Type Multi Family

Source Northern Arizona Association of REALTORS®

Property Description

College View Apartments is a 25-unit multifamily investment spanning two contiguous buildings, 10,413 SF total, on two parcels in the heart of Winslow, Arizona. The property is fully occupied, with documented rent growth: gross scheduled income rose from 194,100 at the start of 2025 to 250,500 on the current rent roll, and market rent analysis shows room to grow toward 285,300 annually. Recent capital improvements include new gas water heaters, updated electrical panels and conduit, and unit-level upgrades at turnover: laminate flooring, new appliances, and cabinetry. Owner pays all utilities, with potential reimbursement upside for a buyer to verify; on-site management. Inc/Exp fields show 2025 actual; the current pro forma and itemized adjustments are in the financial package, available.

Location

State AZ

County Navajo

Area 20 - Winslow

Direction From 1-40 and Park Drive, South on Park Drive to N Berry Ave, left on 2nd Street to Alder. There are 2 buildings, 1220 E 2nd Street, and 1221 E 3rd Street.

Interior

Heating Natural Gas, Electric

Cooling Multi Units

Appliance Refrigerators

Exterior

Utilities Available Phone Available, Electricity Available, Cable Available, Sewer Connected, Natural Gas Available

Others

Tax ID 10334003b

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Linton Real Estate

NEARBY SCHOOL & BUSINESS

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Silverleaf Realty

Silverleaf Realty

+1(480) 502-6902

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1221 E 3rd Street