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
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.