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$1,395,000
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.
Full Property Details
Full Property Details for 1221 E 3rd St
General
- Price: $1,395,000
- Taxes: $2,695 (2023)
- Status: Active
- Type: Single Family
- Source: 1912
- MLS ID: 200996
- Updated: 7/14/2026
- Added to Site: 492 day(s) ago
Rental Information
- Lease Info: Month To Month
- Lease Terms: Monthly
Interior
- Interior Features: Laundry
Location
- Area: 20 - Winslow
- County: Navajo
- Cross Streets: Alder
- Driving Directions: 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.
Community
- Mgmt. Company: Manager
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Natural Gas, Electric
Utilities
- Cable Available: Yes
- Utility Description: Phone Available, Electricity Available, Cable Available, Sewer Connected, Natural Gas Available
Structural Information
- Construction: Two Story
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 10,408
- Year Built: 1962
Unit Information
- # Tenants: 20 - 49
Lot Features
- Lot Size (Acres): 0.53
- Zoning: C66
Financial Considerations
- Price Per Sq. Ft.: $134
- For Sale/Rent/Lease: Sale
- Tax Amount: $2,695
- Tax Year: 2023
- Terms: Submit
Disclosures and Reports
- APN: 10334003b
Listed by Linton Real Estate, Michelle M Linton
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Schools
Schools serving 1221 E 3rd St
School District:Winslow Unified District
| Name | Grades | Distance |
|---|---|---|
Washington School 300 West Oak Street, Winslow, AZ 86047 | K-6 | 0.9 mi |
Jefferson Elementary School, Winslow, AZ 1100 West Mahoney Street, Winslow, AZ 86047 | K-2 | 1.5 mi |
Bonnie Brennan School 100 Cochise Drive, Winslow, AZ 86047 | 3-6 | 2.7 mi |
Winslow Junior High School 1100 North Colorado Avenue, Winslow, AZ 86047 | 7-8 | 0.8 mi |
Winslow High School 600 East Cherry Street, Winslow, AZ 86047 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1221 E 3rd St
Date
Details
Price
Change
Source
7/13/2026
Price Reduced
$1,395,000
-12.26%
MLS
6/05/2025
Listed
$1,590,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1221 E 3rd St
1221 E 3rd Street, Winslow, AZ 86047 (MLS# 200996) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1221 E 3rd Street is currently listed for $1,395,000 and was received on June 05, 2025. Want to learn more about 1221 E 3rd Street? Do you have questions about finding other Single Family real estate for sale in Winslow? You can browse all Winslow real estate or contact a Coldwell Banker agent to request more information.