Real Estate Investment Properties for Sale in Flagstaff, AZ

Looking for investment property in Flagstaff, AZ with high ROI ?

Explore a variety of short-term homes & houses in Flagstaff, AZ. Invest wisely with VRBO & Flagstaff, AZ Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Flagstaff, AZ

Search for Townhouse for Sale in Flagstaff, Arizona. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 66 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1401 N Fourth St #152 Flagstaff, AZ 1401 N. Fourth St, Unit 152 is your Northern Arizona get-away. Beautiful ground floor unit...	2 beds \| 2 baths \| 1,104 sq.ft.	$425,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.22% Airbnb Rental Income: $1577 Traditional Rental Income: $2164 Airbnb ROI: 0.61% Traditional ROI: 3.22%
2545 W Cripple Creek Dr Flagstaff, AZ Exceptional townhome in Railroad Springs! Step into this large exquisite multi-level home ...	4 beds \| N/A baths \| 1,923 sq.ft.	$558,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 2.79% Airbnb Rental Income: $2181 Traditional Rental Income: $2423 Airbnb ROI: 1.27% Traditional ROI: 2.79%
425 E Woodland Dr Flagstaff, AZ Pine Knoll End Unit townhome close to NAU. Move in ready condition. Gourmet kitchen with k...	3 beds \| N/A baths \| 1,990 sq.ft.	$614,900	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.46% Airbnb Rental Income: $2118 Traditional Rental Income: $3207 Airbnb ROI: 0.77% Traditional ROI: 3.46%
2477 W Mission Timber Cir Flagstaff, AZ Your luxurious retreat in the pines has arrived and may come FULLY FURNISHED with the righ...	4 beds \| 4 baths \| 2,316 sq.ft.	$650,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 3.68% Airbnb Rental Income: $2181 Traditional Rental Income: $3287 Airbnb ROI: 0.99% Traditional ROI: 3.68%
2209 W Mission Timber Cir Flagstaff, AZ Discover one of the best-located townhomes in the community! This 4-bedroom, 2.5-bath home...	4 beds \| N/A baths \| 1,827 sq.ft.	$650,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.76% Airbnb Rental Income: $2181 Traditional Rental Income: $2661 Airbnb ROI: 1.06% Traditional ROI: 2.76%
2370 N Whispering Pines Way Flagstaff, AZ	2 beds \| N/A baths \| 1,270 sq.ft.	$490,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.55% Airbnb Rental Income: $1577 Traditional Rental Income: $2293 Airbnb ROI: 0.08% Traditional ROI: 2.55%
11 E Sullivan Ave Flagstaff, AZ Opportunities like this simply do not exist in Downtown Flagstaff--especially not in newer...	6 beds \| 4 baths \| 3,277 sq.ft.	$1,300,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.62% Airbnb Rental Income: $1577 Traditional Rental Income: $2672 Airbnb ROI: -0.59% Traditional ROI: 0.62%
2489 W Mission Timber Cir Flagstaff, AZ True single-level living in Presidio! This beautifully maintained 3-bedroom, 2-bath Miramo...	3 beds \| N/A baths \| 1,530 sq.ft.	$535,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 4.54% Airbnb Rental Income: $2118 Traditional Rental Income: $3122 Airbnb ROI: 1.5% Traditional ROI: 4.54%
4590 E Wild Elk Trl Flagstaff, AZ Experience the sense of calm that defines this home, where clean design and abundant natur...	3 beds \| N/A baths \| 1,666 sq.ft.	$635,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.72% Airbnb Rental Income: $2118 Traditional Rental Income: $2638 Airbnb ROI: 0.93% Traditional ROI: 2.72%
1825 N Spencer Cir Flagstaff, AZ This move-in ready townhome offers both convenience and affordability in a premium locatio...	2 beds \| N/A baths \| 1,263 sq.ft.	$500,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 2.46% Airbnb Rental Income: $1577 Traditional Rental Income: $2007 Airbnb ROI: 0.63% Traditional ROI: 2.46%
3104 S Hannah Ln Flagstaff, AZ Your vision of your Flagstaff home is a beautifully designed, lock and leave retreat that ...	3 beds \| N/A baths \| 2,320 sq.ft.	$765,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 2.85% Airbnb Rental Income: $2118 Traditional Rental Income: $3047 Airbnb ROI: 0.69% Traditional ROI: 2.85%
2551 W Pikes Peak Dr Flagstaff, AZ Move-In Ready Mountain Retreat \| Coconino National Forest Views \| Railroad Springs Townhom...	4 beds \| N/A baths \| 1,605 sq.ft.	$524,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 2.81% Airbnb Rental Income: $2181 Traditional Rental Income: $2263 Airbnb ROI: 1.55% Traditional ROI: 2.81%
2747 N Fairview Dr Flagstaff, AZ Situated on the 9th green of Continental Country Club, this well-appointed 2-bedroom, 2-ba...	2 beds \| N/A baths \| 1,476 sq.ft.	$549,999	Airbnb cash on cash: 0.59% Traditional cash on cash: 1.58% Airbnb Rental Income: $1577 Traditional Rental Income: $1672 Airbnb ROI: 0.59% Traditional ROI: 1.58%
2532 W Josselyn Dr Flagstaff, AZ Experience the perfect blend of luxury, comfort, and nature at The Enclave at Presidio in ...	3 beds \| N/A baths \| 1,715 sq.ft.	$649,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 3.39% Airbnb Rental Income: $2118 Traditional Rental Income: $2697 Airbnb ROI: 1.37% Traditional ROI: 3.39%
2404 N Whispering Pines Way Flagstaff, AZ Owner/Agent. Welcome to your beautifully remodeled, private retreat nestled in the tall pi...	3 beds \| N/A baths \| 1,523 sq.ft.	$529,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.75% Airbnb Rental Income: $2118 Traditional Rental Income: $2220 Airbnb ROI: 0.52% Traditional ROI: 1.75%
2545 W CRIPPLE CREEK Drive Flagstaff, AZ Exceptional townhome in Railroad Springs! Step into this large exquisite multi-level home ...	4 beds \| 4 baths \| 1,923 sq.ft.	$558,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.1% Airbnb Rental Income: $2181 Traditional Rental Income: $2958 Airbnb ROI: 1.55% Traditional ROI: 4.1%
2876 W Presidio Drive Flagstaff, AZ Welcome to this beautifully appointed 2,380 SF home that blends style & an exceptional set...	3 beds \| 3 baths \| 2,340 sq.ft.	$739,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 0.02% Airbnb Rental Income: $2118 Traditional Rental Income: $1083 Airbnb ROI: 0.74% Traditional ROI: 0.02%
3304 S Hannah Ln Flagstaff, AZ This home for rent is a tri-level townhouse, one and a half miles from Northern Arizona Un...	3 beds \| N/A baths \| 2,306 sq.ft.	$769,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 2% Airbnb Rental Income: $2284 Traditional Rental Income: $2781 Airbnb ROI: 0.64% Traditional ROI: 2%
617 N San Francisco St #B Flagstaff, AZ Move-In-Ready I Short Term Rental Approved I Downtown Flagstaff I Experience the perfect b...	2 beds \| 2 baths \| 1,334 sq.ft.	$749,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.26% Airbnb Rental Income: $1577 Traditional Rental Income: $2297 Airbnb ROI: -0.41% Traditional ROI: 1.26%
2955 N Fairview Dr Flagstaff, AZ Welcome to your mountain retreat nestled along the 9th fairway of Continental Country Club...	3 beds \| N/A baths \| 1,170 sq.ft.	$575,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 1.72% Airbnb Rental Income: $2118 Traditional Rental Income: $1756 Airbnb ROI: 1.4% Traditional ROI: 1.72%
4385 W Arabian Trail Flagstaff, AZ Luxury mountain-modern townhome with gorgeous mountain views in the prestigious Flagstaff ...	3 beds \| 3 baths \| 2,783 sq.ft.	$1,130,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.44% Airbnb Rental Income: $2118 Traditional Rental Income: $3058 Airbnb ROI: 0.03% Traditional ROI: 1.44%
2324 N Whispering Pines Way Flagstaff, AZ Welcome to this move-in-ready 3-bedroom townhome in Flagstaff's desirable Elk Run communit...	3 beds \| N/A baths \| 1,419 sq.ft.	$449,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 3.43% Airbnb Rental Income: $2118 Traditional Rental Income: $2138 Airbnb ROI: 2.1% Traditional ROI: 3.43%
3189 S Salvestrin Ln Flagstaff, AZ Tucked away on a quiet cul-de-sac and perched along the ridge of the development, this bea...	2 beds \| N/A baths \| 2,179 sq.ft.	$724,200	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.4% Airbnb Rental Income: $1577 Traditional Rental Income: $2680 Airbnb ROI: 0.09% Traditional ROI: 2.4%
2451 W Pikes Peak Dr Flagstaff, AZ This 4 bed, 3 bath townhome stands out from the rest with some of the best views in the co...	4 beds \| N/A baths \| 1,605 sq.ft.	$534,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 2.88% Airbnb Rental Income: $2181 Traditional Rental Income: $2292 Airbnb ROI: 1.56% Traditional ROI: 2.88%
2601 W Cripple Creek Dr Flagstaff, AZ Location, layout, and opportunity all come together in this beautifully positioned end-uni...	4 beds \| N/A baths \| 1,845 sq.ft.	$529,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 4.09% Airbnb Rental Income: $2181 Traditional Rental Income: $2929 Airbnb ROI: 1.52% Traditional ROI: 4.09%
532 N Otto Drive N #10 Flagstaff, AZ Switzer Canyon Village Townhome near downtown Flagstaff with 3 bedrooms and 2.5 baths. Thi...	3 beds \| 3 baths \| 2,962 sq.ft.	$950,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.48% Airbnb Rental Income: $2118 Traditional Rental Income: $3538 Airbnb ROI: 0.26% Traditional ROI: 2.48%
2502 W Washburn Ct #129 Flagstaff, AZ Railroad Springs 4 bedroom 3 bath townhome on west side of Flagstaff near NAU. Guest Parki...	4 beds \| N/A baths \| 1,629 sq.ft.	$494,900	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.35% Airbnb Rental Income: $2181 Traditional Rental Income: $2362 Airbnb ROI: 1.76% Traditional ROI: 3.35%
1078 W Deadwood Court Flagstaff, AZ Stop scrolling and start planning your next hike! This stunning, squeaky-clean townhome pu...	3 beds \| 3 baths \| 1,509 sq.ft.	$493,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 3.35% Airbnb Rental Income: $2118 Traditional Rental Income: $2270 Airbnb ROI: 1.85% Traditional ROI: 3.35%
2296 N Earle Dr Flagstaff, AZ Escape to the mountains in this beautifully updated end-unit townhome in Elk Run, perfectl...	3 beds \| N/A baths \| 1,928 sq.ft.	$669,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 2.93% Airbnb Rental Income: $2118 Traditional Rental Income: $2874 Airbnb ROI: 0.89% Traditional ROI: 2.93%
2574 W Josselyn Dr Flagstaff, AZ Charming single level 2bed/2bath 1259 sq. ft. townhome in Presidio. Corner lot- fenced lar...	2 beds \| N/A baths \| 1,259 sq.ft.	$540,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.57% Airbnb Rental Income: $1577 Traditional Rental Income: $2127 Airbnb ROI: 0.64% Traditional ROI: 2.57%
1519 E Payton Way Flagstaff, AZ This Rio Homes townhome offers a convenient location in Flagstaff, AZ, just minutes from N...	4 beds \| N/A baths \| 2,264 sq.ft.	$645,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.93% Airbnb Rental Income: $2181 Traditional Rental Income: $2769 Airbnb ROI: 1.06% Traditional ROI: 2.93%
1568 E Sejarez Way Flagstaff, AZ Tucked along the peaceful edge of the community, this beautifully designed 3-bedroom, 3-ba...	3 beds \| N/A baths \| 1,428 sq.ft.	$475,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 2.75% Airbnb Rental Income: $2118 Traditional Rental Income: $2067 Airbnb ROI: 1.69% Traditional ROI: 2.75%

Your search for investment property begins and ends here

Townhouses for Sale in Flagstaff, AZ

1401 N Fourth St #152

Flagstaff, AZ

2 beds | 2 baths | 1,104 sq.ft.

$425,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $1577

Traditional Rental Income: $2164

Airbnb ROI: 0.61%

Traditional ROI: 3.22%

2545 W Cripple Creek Dr

Flagstaff, AZ

4 beds | N/A baths | 1,923 sq.ft.

$558,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $2181

Traditional Rental Income: $2423

Airbnb ROI: 1.27%

Traditional ROI: 2.79%

425 E Woodland Dr

Flagstaff, AZ

3 beds | N/A baths | 1,990 sq.ft.

$614,900

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $2118

Traditional Rental Income: $3207

Airbnb ROI: 0.77%

Traditional ROI: 3.46%

2477 W Mission Timber Cir

Flagstaff, AZ

4 beds | 4 baths | 2,316 sq.ft.

$650,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $2181

Traditional Rental Income: $3287

Airbnb ROI: 0.99%

Traditional ROI: 3.68%

2209 W Mission Timber Cir

Flagstaff, AZ

4 beds | N/A baths | 1,827 sq.ft.

$650,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $2181

Traditional Rental Income: $2661

Airbnb ROI: 1.06%

Traditional ROI: 2.76%

2370 N Whispering Pines Way

Flagstaff, AZ

2 beds | N/A baths | 1,270 sq.ft.

$490,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $1577

Traditional Rental Income: $2293

Airbnb ROI: 0.08%

Traditional ROI: 2.55%

11 E Sullivan Ave

Flagstaff, AZ

6 beds | 4 baths | 3,277 sq.ft.

$1,300,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 0.62%

Airbnb Rental Income: $1577

Traditional Rental Income: $2672

Airbnb ROI: -0.59%

Traditional ROI: 0.62%

2489 W Mission Timber Cir

Flagstaff, AZ

3 beds | N/A baths | 1,530 sq.ft.

$535,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $2118

Traditional Rental Income: $3122

Airbnb ROI: 1.5%