1221 E 3rd Street, Winslow, AZ 86047 (MLS# 200996)

$1,395,000
1221 E 3rd Street
Winslow, AZ 86047
MLS# 200996
10408 sqft
25 unit multiple family
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25 unit multiple family 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047 Studio Apartment Studio Apartment Studio Apartment Studio Apartment Bathroom College View South facing parking lot Laundry Facility Living room of a 1 bedroom apartment Living room of a 1 bedroom apartment Living room of a 1 bedroom apartment kitchen/living room of a 1 bedroom apartment Kitchen of 1 bedroom apartment Bedroom of 1 bedroom apartment Bedroom of 1 bedroom apartment Bathroom of 1 bedroom apartment Bedroom of 1 bedroom apartment 1221 E 3rd Street, Winslow, AZ 86047 1221 E 3rd Street, Winslow, AZ 86047

Property Description
College View Apartments is a 25-unit multifamily investment spanning two contiguous buildings across two parcels in the heart of Winslow, Arizona. The property is fully occupied, with documented rent growth: Gross Scheduled Income rose from 194,100 to 243,900 during 2025, and current market rent analysis shows room to grow further toward 280,500 annually. Recent capital improvements include new gas water heaters, updated electrical panels and conduit, and unit-level upgrades completed at turnover -- laminate flooring, new appliances, and cabinetry. Full financials, including 2025 operating statements and normalized adjustments, available upon request.

Details
Maps
Contract Info
Status: Active
Public Marketing Date: 2025-06-01
List Price: $1,395,000
Current Price: $1,395,000
List Price/SqFt: 134.03
For Lease YN: No
Owner/Agent: No
Property Sub-Type: Other/Misc
Location Tax Legal
County: Navajo
Area: 20 - Winslow
Street #: 1221
Direction: E
Street Name: 3rd
Suffix: Street
City/Town Code: Winslow
State/Province: AZ
Zip Code: 86047
Geo Lat: 35.019431
Geo Lon: -110.685628
Key Words
Sale/Rent Description: Sale
Net Op Inc: $60,000 - 79,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 5,000 - 11,999
#Tenants/Units: 20 - 49
Land Size: .5 - .9 AC
Trade/Exchange: Not Applicable
General Property Description
Acres: 0.53
Year Built: 1962
Approx SqFt: 10408
Flood Zone
Other: Zone x
Property Features
To Show: Drive By/Don't Enter
Terms of Sale: Submit
Leases: Month To Month
Docs on File: Current P & L; Leases
Interior Amenities: Laundry
Occupancy: Totally Leased
Management: Manager
Construction: Two Story
Roof: Flat
Heating: Electric; Natural Gas
Cooling: Multi Units
Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Sewer
Location: Corner Lot; Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +

Listing Office: Linton Real Estate

Last Updated: July - 14 - 2026

1221 E 3rd Street, Winslow, AZ 86047 - MLS# 200996

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