309 N Humphreys Street, Flagstaff, AZ 86001 (MLS# 205569)

309 N Humphreys Street, Flagstaff, AZ 86001

$1,490,000
Property Type: Multi-Family Square Footage: 3,648 Status: Active
Current Price: $1,490,000 List Date: 8/06/2026 Last Modified: 9/23/2026

Overview

Description

Discover a rare investment opportunity in the heart of Historic Downtown Flagstaff. The iconic circa 1906 Lindemann House occupies a high-profile corner lot and includes an expansive paved parking lot--an exceptional amenity in downtown Flagstaff. Rich in history, character, and income potential, this unique property offers flexibility for investors, business owners, or those seeking a mixed-use opportunity. The property features five residential units, including two 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and one studio apartment. Currently operated with a combination of short- and long-term rentals, all units are transitioning to long-term rentals, providing stable income with additional upside potential.

Supplements: SELLER FINANCING is available to qualified Buyers, and the Seller prefers a Seller Financed sale. Flagstaff's desirable Community Commercial (CC) zoning allows for a wide variety of commercial and residential uses. Over the years, the property has successfully housed a retail running store, hair salon, attorney's office, engineering office, and re ...

Listing Details MLS# 205569

Location, Tax & Legal

County
Coconino
Area
145 - Flagstaff Townsite
Street #
309
Direction
N
Street Name
Humphreys
Suffix
Street
City/Town Code
Flagstaff
State/Province
AZ
Zip Code
86001

Contract Information

Public Marketing Date
2026-08-06
List Price/SqFt
408.44
Owner/Agent
Yes
Property Sub-Type
Multi Family
Transaction Type
Sale
Short Term Rental Allowed (Y/N)
Yes

Key Words

Sale/Rent Description
For Sale
Net Op Inc
$50,000 - 99,999
Vacancy %
1%
Cap Rate
1 - 7.9%
Imprv Sz (Gross SF)
3,000 - 5,999
Land Size
6,001 - 12,000 SF
# Units
5 - 8
Down Payment
Submit

General Property Description

# of Units
5
Year Built
1943
Year Built Source
County
Lot Dimensions
Irreg approx 78' x 134'

Currently Not Used

Approx SqFt
3648

Leases

Other
STR

More Information

Interior Amenities

Other
Portable A/C units

Flood Zone

Other
AE & X

Property Features

To Show: Appt Only/CLO; No Sign on Prop Leases: 1 Year + Owner Pays: All Utilities; Electricity; Gardener; Gas; Grounds Care; Hot Water; HVAC Maintenance; Insurance; Sewer; Snow Removal; Taxes; Trash Collection; Water; Exterior Maintenance; Repairs Tenant Pays: Internet; See Remarks Util incld in Rent: Electicity; Natural Gas; Sewer; Snow Removal; Trash Collection; Water Potential Terms: Cash; Conventional; OMC 1st Interior Amenities: Basement; Carpet/Tile; Cement Slab; Dishwashers; Disposals; Duo-Pane Wind.; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.; Wood Floors Exterior Amenities: Deck/Belcony; Landscaped; Porch/Patio; RV Access/Parking Docs on File: Aerial Photo; Leases; Legal Descrip.; Security Dpsts Lot Street Imprvmnts: Alley; Curb/Gutters; Paved Parking; Paved Street; Sidewalks; Street Parking Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Primary Meter; Sewer Heating: Natural Gas Cooling: Other Construction: Frame - Wood Roof: Asphalt Shingle; Rolled Management: Owner/Family
IDX
Listing Office: Linton Real Estate
Source MLS Verified
Last Updated: September - 23 - 2026
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