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

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

Location, Tax & Legal

Assessor's Map #: 9 Assessor's Parcel #: 1 Assessor Parcel Ltr: E Add'l Parcels: No Tax Municipality: Flagstaff Census Tract: 12.01 Taxes: 6991 Legal: SUBDIVISION: FLAGSTAFF TOWNSITE BLOCK: 4B BEG SLY COR LOTS 3 & 4; TH N 68-57-01 W 2.00' TPOB(Legal to follow in escrow) Marketing Name: Flagstaff Townsite 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

# of Buildings: 1 Uncvrd Parking Spcs: 13 Lot Size Dimensions: Appox 78' x 134' Flood Zone: TBD Total # of Units: 5 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 Year Built: 1943 Zoning: CC

Project Type

5 - 12 Units: 1

Other Type

Other (See Remarks): 1

Construction

Wood Frame: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1

Floors

Laminate: 1 Tile: 1 Wood: 1 Carpet: 1

Sale Includes

Building(s) Only: 1 Land & Building: 1 Personal Property: 1 Laundry Equipment: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 6991 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 118256

Pmt & Rate Info

Cap Rate: 4.1 Equity: 1550000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1 None: 1

Community Features

No Pool: 1

Heating

Hot Water: 1 Natural Gas: 1

Cooling

Window/Wall Unit: 1 2 or More Units: 1 Other: 1

Exterior Amenities

Rain Gutters: 1 Partially Fenced: 1 Curb(s) & Gutter(s): 1 Sidewalk(s): 1 Patio/Balcony: 1 Separate Storage: 1

Interior Features

Partially Furnished: 1 Fire/Smoke Alarm(s): 1 Mini Blinds: 1 Drapes: 1 Basement: 1

Tenant Pays

None: 1 Other (See Remarks): 1

Appliances Included

Dishwasher: 1 Free-Standing Gas Oven: 1 Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1 W/D Hookup: 1

Road Access Type

Alley: 1 City Street: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1 Tax Return: 1

Road Responsibility

City Maintained Road: 1

Water Source

City Franchise: 1 Master Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Paved: 1 Assigned: 1 Off Street: 1

Electric

APS: 1

Gas

Unisource: 1

Owner Pays

Water: 1 Sewer: 1 Electric: 1 Gas: 1 Trash Collection: 1 Landscaping: 1

New Financing

Cash: 1 Conventional: 1 Owner May Carry: 1 1031 Exchange: 1

Special

Owner/Agent: 1 Incorporated Area: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

# Efficiency Units: 1 Avg Rent: 0 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

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

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

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