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404 S Verde Street, Flagstaff, AZ 86001

$499,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,400 Lot Size (sq. ft.): 7,000 Status: Active

Current Price: $499,000 List Date: 7/13/2026 Last Modified: 7/24/2026

Overview

Description

This rare 7,000 sq ft lot is in an unbeatable location, just blocks from NAU. It already has rental potential or buyer could add to that by redeveloping and adding an accessory dwelling unit (ADU), a rear alley facing second house, or pursuing full multi-unit redevelopment. New zoning rules allow for four units using the City of Flagstaff's new faster approval process. The parcel also conveys with a binding waiver of enforcement of the city's onerous High Occupancy Housing (HOH) Ordinance. Similar neighboring parcels are being fully redeveloped into lucrative high-density student housing duplexes and complexes. The property has been a rental for the past 5 years at 2,500/month. Rent the property while you plan the next steps for your investment! Owner is a licensed agent.

Listing Details MLS# 205271

Location, Tax & Legal

County: Coconino
Area: 160 - Southside/ Brannen
Street #: 404
Direction: S
Street Name: Verde
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Region: 10 - North West City
APN: 10402028
Subdivision: Brannen Add
Zip + 4: 5750
Cross Street: Butler Ave
Legal Description: SUBDIVISION: BRANNEN ADD BLOCK: 16 LOT: 9 SIXTEENTH: SW QUARTER: NW SECTION: 22 TOWNSHIP: 21N RANGE: 07E
Zoned: HR or T4N.1
Taxes: 1584
Tax Year: 2025
HOA 1 Primary Assoc: No

Contract Information

Public Marketing Date: 2026-07-13
List Price/SqFt: 356.43
Owner/Agent: Yes
Property Sub-Type: Single Family Residence
Land Lease: No
Transaction Type: Sale
New Construction: No
Short Term Rental Allowed (Y/N): Yes
Agent License Number: SA631430000
Firm License Number: CO002872000

General Property Description

Vegetation: Mixed
Terrain: Level
# Bedrooms: 4
# Bathrooms: 2
Approx SqFt: 1400
Source of SqFt: Owner
Year Built: 1945
Year Built Source: County
Power Production YN: Yes
Lot Acres: 0.16
Approx Lot SqFt: 7000
Separate Guest House: No

Heating

# Heat Furnace: Yes
Forced Air: Yes

Plumbing

# Water Heaters: Yes
Gas Water Heater: Yes

Remarks & Misc

Directions: From Butler turn left on S O'Leary St, right on Ashurst, right on S Verde. House is on right.

More Information

Seller's Option

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

Possession

At COE: Yes

Utilities Available

Cable Available: Yes
Public Sewer: Yes

Water Source

Public: Yes

HOA/POA Mgt Company

None: Yes

Living Room Features

None: Yes

Dining Room Features

None: Yes

Fireplace

None: Yes

Family Room Features

None: Yes

Kitchen Features

Gas Range: Yes
Refrigerator: Yes

Primary Bedroom

Split Floorplan: Yes
Tub/Shower Combo: Yes

Laundry

In Hall: Yes

Cooling

None: Yes

Floor Coverings

Carpet: Yes
Vinyl: Yes

Construction

Frame-Wood: Yes

Garage Type

Garage Capacity: 0

Roof

Asphalt Shingle: Yes

Style

Multi-Level: Yes

Property Features

Possession: At COE Seller's Option: 1031 Exchange; Cash; Conventional; FHA Living Room Features: None Family Room Features: None Kitchen Features: Gas Range; Refrigerator Primary Bedroom: Split Floorplan; Tub/Shower Combo Laundry: In Hall Floor Coverings: Carpet; Vinyl Dining Room Features: None Fireplace: None Heating: Forced Air Cooling: None Plumbing: Gas Water Heater Utilities Available: Cable Available; Public Sewer Water Source: Public Style: Multi-Level Construction: Frame-Wood Roof: Asphalt Shingle

IDX

Listing Office: Jackson Associates

Last Updated: July - 24 - 2026

404 S Verde Street, Flagstaff, AZ 86001 (MLS# 205271)