309 N Humphreys Street Flagstaff, AZ $ 1,550,000
309 N Humphreys Street
$ 1,550,000
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309 N Humphreys Street

Flagstaff, AZ, 86001
$ 1,550,000
Baths0.0

Monthly Estimate*

$ 9,544

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Studio

Multi-Family Home for sale in Flagstaff, AZ

for $1,550,000. This home was built in 1943.

Discover this investment opportunity on a high-profile corner lot in the heart of Historic Downtown Flagstaff. The iconic Lindemann House, circa 1906, blends timeless character with exceptional income potential. The property features five well-appointed residences, offering strong, diversified income. Zoned Community Commercial, this versatile property has also supported a wide range of commercial uses over the years. Seller financing is available for qualified buyers, offering the opportunity to avoid costly conventional lender fees. Seller prefers seller-financed terms. Down payment and monthly payments are negotiable and will be determined by mutually agreeable terms. Owner/Agent. Three fully furnished and successful short-term rentals include a spacious studio, a two-bedroom/one-bath apartment, and a one-bedroom/one-bath apartment. Complementing these are two long-term rentals: a furnished two-bedroom/one-bath penthouse apartment and an unfurnished one-bedroom/one-bath apartment. With a solid rental history and multiple income streams, this property offers both stability and opportunity for future growth. A large, paved parking lot provides rare and valuable off-street parking in the center of downtown Flagstaff. Previous commercial uses have included a retail running store and hair salon as well as attorney and engineering offices--demonstrating the property's flexibility and prime location.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,991

Style

Multiple Dwellings

Year Built

1943

Town/City

Flagstaff

County/Region

Coconino

MLS | Web ID

6993146

Features
General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling Other Window/Wall Unit 2 or More Units
Roof Composition
Zoning CC
Construction Materials Wood Frame Stucco
Year Built 1943
Electric APS
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 118256.0
Community Features No Pool
County Coconino
Net Operating Income 63542.0
Operating Expense 6991.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name Flagstaff Townsite
Garage Y/N N
Status Active
Directions Route 66 north on Humphreys St to the NW corner of Humphreys St and Cherry Ave
City Flagstaff
Disclosures Seller Prop Disc Stm
High School District Flagstaff Unified District
Open Parking Spaces 13.0
Number Of Units Total 5
Carport Y/N N
Elementary School Eva Marshall Elementary School
Tax Annual Amount 6991.0
Middle/Junior High School Eva Marshall Elementary School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Flagstaff Unified District
Tax Lot 3 & 4
Cap Rate 4.1
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s) Rain Gutters
Parking Features Off Street Paved Assigned
Water Source Master Meter City Franchise
Total Parking 13.0
Number of Buildings 1
Spa N
Lot Dimensions Appox 78' x 134'
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile Laminate Carpet Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 309
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* Excluded Features
List By
Linton Real Estate, Llc

Broker

brucebourne8@gmail.com

Email

Affordability Calculator

$10,126
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$583
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4897691 Elementary School
4897691 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2026$1,550,000 Listed Price

Map


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309 N Humphreys Street, Flagstaff, AZ, 86001 is a Multi-Family Home for sale at $1,550,000. 309 N Humphreys Street is a studio with 0.0 baths and was built in 1943. The property's zip code is 86001 which is in Flagstaff, AZ