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38742 State Route 373, Greer, AZ, 85927

17beds
17baths
8,000sqft
$1,195,000
$149price/sqft
$7,679/moest. monthly cost
$307,160/yrincome needed

About This Home

Multi-Family or Business Opportunity in Greer, Arizona - Cabins, RV Hookups & Restaurant on 2.5 Acres! A rare find in Greer, Arizona! This 2.5-acre property offers outstanding potential for multi-family living or income generation. The property includes ten rental cabins, six RV hookups, and a restaurant with fixtures, all nestled in the cool pines of one of Arizona's most scenic mountain destinations. With a private well and utilities on site, this property is ready for a new owner to restore and reimagine. The cabins are not all currently rented, and the restaurant is not in operation, providing a fantastic opportunity to create multiple income streams—whether for long-term rentals, family use, or short-term vacation stays. Enjoy the charm, location, and incredible versatility this property offers. Prime setting, endless potential within existing improvements, and an ideal layout for multi-family or business usea truly special opportunity in the sought-after mountain community of Greer, Arizona. See Mls for Commercial listing 258486

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

7/10
6/10
Round Valley High SchoolGrades 9-1210.9 mi
3/10

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Shingle,Metal,Pitched
  • Construction materials: Wood Frame,Log Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Chalet
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Utility Room,In Kitchen

Bedrooms & Bathrooms

  • Bedrooms: 17
  • Bathrooms: 17

Features

  • Tub,Shower,Tub/Shower,Double Vanity,Dressing Area,Full Bath,Pantry
  • Fireplace features: Wood Burning Stove,Gas,Pellet Stove
  • Fireplace: Yes

Heating

  • Heating features: Pellet Stove,Forced Air,Wood

Interior Area

  • Total structure area: 8,000
  • Total interior livable area: 8,000 sqft

Property

Details

  • Parcel number: 10308033

Features

  • Levels: One,Two
  • Stories: 2
  • Fencing: Privacy,Wire

Lot

  • Lot size: 2.54 Acres
  • Features: Wooded

Parking

  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Landslide
    LandslideRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Landslide
Cold Wave

FEMA Declared Disasters in Apache County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,042$72,504
Home Insurance $581$6,972
Property Taxes $209$2,508
Electricity $847$10,166
Total$7,679$92,148

Income You'd Need if You Spent...

35% on housing$263,280/yr
40% on housing$230,370/yr
45% on housing$204,773/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -3.3%
-3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 85927$260
Apache County$196

vs Homes Sold Last Month

Median $/sqft

ZIP 85927
Apache County$186

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-02Listed for sale$1,295,000

For Sale by Agent

AgentJody Emerald
BrokerageRealty Executives AZ Territory - Show Low

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