Exceptional investment opportunity in Flagstaff's premier rental corridor! This fully stabilized 19,639 SF multifamily property at 3325-3395 E Lockett Rd spans four well-maintained buildings with a dynamic unit mix of 3/2, 2/2, 2/1, 1/1 units. Each one boasts a private single-car garage and carport— a rare find in the Flagstaff market. Built in 1995 and recently repainted, the property is professionally managed, 100 occupied, and offers three on-site laundry facilities plus 11 surface parking spaces. Zoned High Density Residential, it provides both reliable income and future redevelopment potential. Across from Thomas Elementary and steps from Bushmaster Park, this prime location ensures strong tenant appeal. With under-market rents and unmatched amenities.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.57 Acres
Year renovated
1995
Sq. Ft.
6,523
Year built
1995
Style
Other
County
Coconino County
APN
10832004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 2026.
HR
High Density Residential Zone
The High Density Residential (HR) zone applies to areas of the City appropriate for medium to high density multiple-family residential development. This zone is intended to provide an environment having maximum living amenities on-site while providing Affordable Housing, residential design flexibility, more efficient use of Common Space, and better separation of pedestrian and vehicular traffic. This zone allows affordable and planned residential development that allow for higher densities.
Permitted uses
Include but are not limited to:
Religious facility
Housing
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Public service
Educational/school
Communications tower
Property details
Exterior
Building Information
Building Area Total: 19,639
Lot Information
Parcel Number: 10832004
Property Information
Property Sub Type: Apt Building (9+ Units)
Financial
Tax Information
Tax Annual Amount: $18,630
Tax Year: 2024
Location
Multi-Unit Information
# of Units Total: 18
Location Information
Directions: Lockett Road across from Thomas Elementary School.
Unparsed Address: 3325 E Lockett Road, Flagstaff, AZ 86004
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,523
Stories: 2.0
Lot Size: 0.57 acres
Style: Other
Year Built: 1995
Year Renovated: 1995
County: Coconino County
APN: 10832004
Home facts updated by county records on Sep 24, 2026
Around this home
Schools
John Q Thomas Elementary School
Public PreK-5 • Assigned • 0.0mi
1/10
Sinagua Middle School
Public 6-8 • Assigned • 1.6mi
3/10
Coconino High School
Public 9-12 • Assigned • 1.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Flagstaff, AZ • 86004
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Sun exposure
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