345 FAIRWAY OAKS Drive 1-3, Sedona, AZ 86351

New Listing
$1,100,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,100,000 List Date: 3/18/2026 Last Modified: 3/18/2026

Description

INVESTMENT OPPORTUNITY This recently updated three-unit rental property offers ample parking and dedicated storage for each unit; features tenants value and investors appreciate. One spacious 2-bedroom/2-bath unit and two 1-bedroom/1-bath units Updated kitchens, generous living areas, and functional layouts throughout All three units feature covered patios with direct adjacency to the Oak Creek Country Club Golf Course. The location is a major draw. Tenants enjoy immediate access to restaurants, golf, hiking, biking, and sightseeing, with Uptown and West Sedona just minutes away--home to upscale shopping and renowned art galleries. Ideally situated for regional exploration: under an hour to Flagstaff, Historic Old Town Cottonwood, and Jerome, and approx. 2 hrs to the Gran

More Information MLS# 6999971

Contract Info

Ownership: Fee Simple Current Price: $1,100,000 List Price: $1,100,000 Status: Active List Date: 2026-03-17

Location, Tax & Legal

Unit #: 1-3 Assessor's Map #: 27 Assessor's Parcel #: 349 Add'l Parcels: No Tax Municipality: Yavapai - COUNTY Taxes: 2793 Legal: (04-02) RENTAL RESIDENTIAL Marketing Name: INVESTORS! Sedona Triplex House Number: 345 Street Name: FAIRWAY OAKS St Suffix: Drive City/Town Code: Sedona State/Province: AZ Zip Code: 86351 County Code: Yavapai Subdivision: Fairway Oaks Assessor Number: 405-27-349 Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 4 Lot Size Dimensions: 9586 sq ft Flood Zone: No Total # of Units: 3 Elementary School District: Sedona-Oak Creek JUSD #9 High School District: Sedona-Oak Creek JUSD #9 Elementary School: Red Rock Academy Jr. High School: Sedona Red Rock Junior/Senior High School High School: Sedona Red Rock Junior/Senior High School Year Built: 1985 Zoning: R2-2

Legal Info

Range: 5E Section: 13 Township: 16N Lot Number: 10

Project Type

Tri-Plex: 1

Construction

Wood Frame: 1 Steel Frame: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1 Tile: 1

Floors

Laminate: 1

Sale Includes

Land & Building: 1 Personal Property: 1 Laundry Equipment: 1

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 330 Operating Exp: 3123 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 78090

Pmt & Rate Info

Cap Rate: 7.02 Equity: 1100000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

See Private Remarks: 1

Community Features

No Pool: 1 Clubhouse: 1 Tennis Court(s): 1 Play Area: 1 Golf: 1 Other: 1

Heating

Forced Air: 1 Heat Pump: 1 2 or More Units: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 2 or More Units: 1

Exterior Amenities

Desert Landscaping: 1 Patio/Balcony: 1 Separate Storage: 1

Interior Features

Unfurnished: 1 Partially Furnished: 1 Fire/Smoke Alarm(s): 1 Fire Sprinklers: 1 Vertical Blinds: 1 Drapes: 1 Shutters: 1

Tenant Pays

Trash Collection: 1 Cable TV: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Built-In Range: 1 Washer/Dryer: 1 W/D Hookup: 1

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Road Responsibility

City Maintained Road: 1

Water Source

Private: 1 Individual Meter: 1

Sewer

Septic Tank: 1

Parking Features

Carport: 1 1 Space/Unit: 1 Paved: 1 Attached Carport: 1

Electric

Individual Meter: 1

Gas

Individual Meter: 1

Owner Pays

Water: 1 Landscaping: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1

Special

Accept Backups (CLO): 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 1950 Avg SqFt: 800 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 2900 Avg SqFt: 1087 # Baths: 2

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: Bell Rock Road and Fairway Oaks Dr Directions: From West Sedona Highway 179 to Bell Rock Blvd, Right on Bell Rock Blvd, Left on Fairway Oaks Drive (opposite Oak Creek CC) to Triplex on right From Phoenix I-17 to Highway 179; turn Left on Verde Valley Rd; Right on Bell Rock Blvd, Right on Fairway Oaks Drive (opposite Oak Creek CC) to Triplex on right Geo Lat: 34.782255 Geo Lon: -111.771819

Income Expenses

Gross Annual Sch Inc: 82200 Net Operating Income: 77200

Property Features

Project Type: Tri-Plex Construction: Wood Frame; Steel Frame Const - Finish: Stucco Roofing: Composition; Tile Floors: Laminate Sale Includes: Land & Building; Personal Property; Laundry Equipment Community Features: No Pool; Clubhouse; Tennis Court(s); Play Area; Golf; Other Exterior Amenities: Desert Landscaping; Patio/Balcony; Separate Storage Interior Features: Unfurnished; Partially Furnished; Fire/Smoke Alarm(s); Fire Sprinklers; Vertical Blinds; Drapes; Shutters Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Forced Air; Heat Pump; 2 or More Units Cooling: Ceiling Fan(s); Central Air; 2 or More Units Water Source: Private; Individual Meter Sewer: Septic Tank Electric: Individual Meter Gas: Individual Meter Parking Features: Carport; 1 Space/Unit; Paved; Attached Carport Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Landscaping Tenant Pays: Trash Collection; Cable TV Source of Fincl Data: Owner Special: Accept Backups (CLO) Lockbox Type: See Private Remarks New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
Listing Office: RE/MAX Desert Showcase
IDX
Last Updated: March - 18 - 2026
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