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

$1,100,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,100,000 List Date: 3/18/2026 Last Modified: 3/18/2026

Overview

Description

INVESTMENT OPPORTUNITYThis 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 unitsUpdated kitchens, generous living areas, and functional layouts throughoutAll 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

Listing Details MLS# 6999971

Location, Tax & Legal

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
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

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 9586 sq ft
Year Built: 1985
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: Yes
Zoning: R2-2
Flood Zone: No
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

Remarks Misc

Cross Street: Bell Rock Road and Fairway Oaks Dr
Directions: From West SedonaHighway 179 to Bell Rock Blvd, Right on Bell Rock Blvd, Left on Fairway Oaks Drive (opposite Oak Creek CC) to Triplex on rightFrom PhoenixI-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

Legal Info

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

Income Expenses

Gross Annual Sch Inc: 82200
Net Operating Income: 77200

More Information

Showing Notification Methods

Showing Service: Aligned Showings

1 Bedroom Units

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

2 Bedroom Units

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

Project Type

Tri-Plex: Yes

Construction

Wood Frame: Yes
Steel Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes
Tile: Yes

Floors

Laminate: Yes

Sale Includes

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

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

Lockbox Type

See Private Remarks: Yes

Community Features

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

Heating

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

Cooling

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

Exterior Amenities

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

Interior Features

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

Tenant Pays

Trash Collection: Yes
Cable TV: Yes

Appliances Included

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

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

Private: Yes
Individual Meter: Yes

Sewer

Septic Tank: Yes

Parking Features

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

Electric

Individual Meter: Yes

Gas

Individual Meter: Yes

Owner Pays

Water: Yes
Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Special

Accept Backups (CLO): Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

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

Last Updated: March - 18 - 2026