4254 E WESTERN Drive, Cottonwood, AZ 86326

New Listing

$699,000

24.06.24 Runaway Apartments Great Room 1

24.06.24 Runaway Apartments Great Room 2

Property Type: Multiple Dwellings Status: Active

Current Price: $699,000 List Date: 4/24/2026 Last Modified: 4/24/2026

Overview

Description

Brand-new multifamily opportunity in the heart of Cottonwood offering flexibility, income potential, and modern design. This future property features two townhome-style units, each approximately 1,456 sq ft with 3 bedrooms, 2 bathrooms, attached garage, and front and rear patios--an ideal layout for both owner-occupants and tenants.Built by NSI Construction, this development reflects quality craftsmanship and strong market demand.NO HOA and no rental restrictions provide multiple investment strategies: live in one unit and rent the other, lease both long-term, or utilize short-term rental options.Conveniently located near Old Town Cottonwood and just a short drive to Sedona.

Listing Details MLS# 7018539

Location, Tax & Legal

House Number: 4254
Compass: E
Street Name: WESTERN
St Suffix: Drive
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
Zip4: 5828
County Code: Yavapai
Subdivision: VERDE VILLAGE UNIT 2
Assessor Number: 406-46-360
Tax Year: 2025
Assessor's Map #: 46
Legal Description (Abbrev): LOT 566 VERDE VILLAGE UNIT 2 BOOK 14 PAGE 53
Assessor's Parcel #: 360
Add'l Parcels: No
Tax Municipality: Yavapai - COUNTY
Census Tract: 2002
Taxes: 305
Legal: LOT 566 VERDE VILLAGE UNIT 2 BOOK 14 PAGE 53
Marketing Name: City of Cottonwood

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: .22 acres
Year Built: 2027
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: Yes
Zoning: R2-3
Flood Zone: No
Elementary School District: Cottonwood-Oak Creek Elementary District
High School District: Mingus Union High School District
Elementary School: Cottonwood Community School
Jr. High School: Cottonwood Community School

Remarks Misc

Directions: HWY 260 to Western Drive

Legal Info

Township: 15
Range: 3E
Section: 13
Lot Number: 566

Income Expenses

Gross Annual Sch Inc: 5000

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 2300
Avg SqFt: 1458
# Baths: 2

Project Type

Duplex: Yes

Construction

Wood Frame: Yes

Const - Finish

Lap Siding: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 305
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 4750

Pmt & Rate Info

Equity: 699000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Interior Features

Breakfast Bar: Yes

Tenant Pays

Water: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes
Landscaping: Yes

Appliances Included

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes
Other (See Remarks): Yes

Water Source

Individual Meter: Yes

Sewer

Septic Tank: Yes

Parking Features

Garage: Yes
Garage Door Opener: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

None: Yes

New Financing

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

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes
Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Appraisal: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Lap Siding Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Interior Features: Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave Cooling: Ceiling Fan(s); Central Air Water Source: Individual Meter Sewer: Septic Tank Electric: APS Gas: None Parking Features: Garage; Garage Door Opener Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Electricity; Trash Collection; Cable TV; Landscaping Source of Fincl Data: Projected Proforma; Other (See Remarks) Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear; Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Cash to Loan; VA; FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: Berkshire Hathaway HomeServices Arizona Properties

Last Updated: April - 24 - 2026