About This Home

This 0-bedroom, 0-bathroom residential multi family at 1221 E 3rd Street in Winslow, AZ is listed for $1,395,000 ($134 per sqft). Built in 1962, the home offers 10,413 sqft of living space on a N/A lot.

Key Features

  • Built in 1962

Property Details

1962

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$7,461/mo

20% down · 6.5% · 30 years

Principal$1,009
Interest$6,045
Insurance$407

Estimates only. Actual payments may vary.

Location

1221 E 3rd Street

Winslow, AZ 86047

Property Details

Heating

Electric (Heating)Natural Gas

Cooling

Multi Units

Appliances

Refrigerators

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1221 E 3rd Street is listed at $1,395,000 ($134/sqft). The estimated monthly payment is $7,461 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962.

This property is listed by Michelle M Linton.

ML

Michelle M Linton

Agent at Linton Real Estate, LLC

Listed by Linton Real Estate, LLC · Broker phone: (928) 699-3499 · View on Broker Site · Broker website

MLS# 201628· Source: Northern Arizona Multiple Listing Service· 483 days on PropertySimple

Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1221 E 3rd Street, Winslow, AZ 86047

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