45 Chaparral Drive, Sedona, AZ 86351

$1,790,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,790,000 Last Modified: 3/24/2026

Overview

Description

Exclusive Sedona Investment Opportunity — a rare occupied 4-plex generating immediate cash flow and ideal for 1031 exchange investors. This 2023-built property sits directly on the Oak Creek Country Club Golf Course, offering a luxury, low-maintenance asset in one of Arizona's strongest short- and long-term rental markets. Each of the four spacious units features premium vinyl plank flooring, quartz countertops, stainless appliances, and tiled glass-enclosed showers. Tenants enjoy world-class dining, shopping, golf, hiking, and biking just minutes away, surrounded by Sedona's famous Red Rock views. Secure a stable, appreciating income property in the heart of Sedona—a premier destination where lifestyle and investment returns align.

Listing Details MLS# 6924202

Location, Tax & Legal

House Number: 45
Street Name: Chaparral
St Suffix: Drive
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86351
Zip4: 8852
County Code: Yavapai
Subdivision: Fairway Oaks
Assessor Number: 405-27-402
Tax Year: 2023
Assessor's Map #: 27
Assessor's Parcel #: 402
Add'l Parcels: No
Tax Municipality: Yavapai - COUNTY
Taxes: 1191
Legal: FAIRWAY OAKS LOT 63 624/233
Marketing Name: Village of Oak Creek

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 97.46ft by 118.15ft
Year Built: 2023
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: Yes
Zoning: MF
Elementary School District: Sedona-Oak Creek JUSD #9
High School District: Sedona-Oak Creek JUSD #9
Elementary School: West Sedona Elementary School
Jr. High School: Sedona Red Rock Junior/Senior High School
High School: Sedona Red Rock Junior/Senior High School

Remarks Misc

Cross Street: SR 179 and Bell Rock
Directions: West on Bell Rock, Left on Sugarloaf , Right on Chaparral, property will be on your right. Should GPS for directions.

Legal Info

Township: 16N
Lot Number: 62

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: 4
Avg Rent: 2068
Avg SqFt: 950
# Baths: 2

Project Type

Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Foam: Yes

Floors

Vinyl: Yes
Other: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: Yes
Annual Ownr Asoc Fee: 180
Operating Exp: 1371
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 1800000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes
ENERGY STAR Qualified Equipment: Yes

Cooling

Ceiling Fan(s): Yes
ENERGY STAR Qualified Equipment: Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Cable TV Available: Yes
Patio/Balcony: Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Fire Sprinklers: Yes
Vertical Blinds: Yes
Water Softener(s): Yes

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
1 Space/Unit: Yes
Attached: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

Landscaping: Yes

New Financing

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

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Floors: Vinyl; Other Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Cable TV Available; Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Vertical Blinds; Water Softener(s) Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Heating: ENERGY STAR Qualified Equipment Cooling: Ceiling Fan(s); Electric; ENERGY STAR Qualified Equipment Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Garage; 1 Space/Unit; Attached Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection Source of Fincl Data: Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Cash to Loan; VA; Conventional; 1031 Exchange Environmental: None

Listing Office: Morgan Taylor Realty

Last Updated: March - 24 - 2026