309 N Humphreys Street, Flagstaff, AZ 86001 (MLS# 6993146)

309 N Humphreys Street, Flagstaff, AZ 86001

$1,550,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,550,000 Last Modified: 3/04/2026

Description

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.

Supplements: 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.

More Information MLS# 6993146

Contract Info

Current Price: $1,550,000 List Price: $1,550,000 Status: Active List Date: 2026-03-04 Ownership: Fee Simple

Location Tax Legal

House Number: 309 Compass: N Street Name: Humphreys St Suffix: Street City/Town Code: Flagstaff State/Province: AZ Zip Code: 86001 County Code: Coconino Subdivision: Flagstaff Townsite Assessor Number: 100-09-001-E Tax Year: 2025

General Property Description

Lot Size Dimensions: Appox 78' x 134' Year Built: 1943 Uncvrd Parking Spcs: 13 Total # of Units: 5 # of Buildings: 1 Zoning: CC Flood Zone: TBD Elementary School District: Flagstaff Unified District High School District: Flagstaff Unified District Elementary School: Eva Marshall Elementary School Jr. High School: Eva Marshall Elementary School

Remarks Misc

Cross Street: Cherry Ave Directions: Route 66, north on Humphreys St to the NW corner of Humphreys St and Cherry Ave Geo Lat: 35.201333 Geo Lon: -111.650124

Legal Info

Lot Number: 3 & 4

Income Expenses

Gross Annual Sch Inc: 124480 Net Operating Income: 63542

Showing Notification Methods

Showing Service: Aligned Showings

Efficiency Units

# Efficiency Units: 1 Avg SqFt: 500 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 1500 Avg SqFt: 675 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1975 Avg SqFt: 900 # Baths: 1

Property Features

Project Type: 5 - 12 Units Other Type: Other (See Remarks) Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Laminate; Tile; Wood; Carpet Sale Includes: Building(s) Only; Land & Building; Personal Property; Laundry Equipment Community Features: No Pool Exterior Amenities: Rain Gutters; Partially Fenced; Curb(s) & Gutter(s); Sidewalk(s); Patio/Balcony; Separate Storage Interior Features: Partially Furnished; Fire/Smoke Alarm(s); Mini Blinds; Drapes; Basement Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Dishwasher; Washer/Dryer; W/D Hookup Heating: Hot Water; Natural Gas Cooling: Window/Wall Unit; 2 or More Units; Other Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS Gas: Unisource Parking Features: Assigned; Paved; Off Street Road Access Type: Alley; City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping Tenant Pays: None; Other (See Remarks) Source of Fincl Data: Owner; Tax Return Special: Owner/Agent; Incorporated Area Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks; None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange Environmental: None
Listing Office: Linton Real Estate, LLC
Last Updated: March - 04 - 2026
309 N Humphreys Street, Flagstaff, AZ 86001- MLS# 6993146
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