309 N Humphreys Street, Flagstaff, AZ 86001
- $1,490,000
- 7
- BD
- 5
- BA
- List Price
- $1,490,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 7065265
- City
- Flagstaff
- Bedrooms
- 7
- Bathrooms
- 5
- Subdivision
- Flagstaff Townsite
- Year Built
- 1943
Property Description
Discover a rare investment opportunity in the heart of Historic Downtown Flagstaff. The iconic circa 1906 Lindemann House occupies a high-profile corner lot and includes an expansive paved parking lot--an exceptional amenity in downtown Flagstaff. Rich in history, character, and income potential, this unique property offers flexibility for investors, business owners, or those seeking a mixed-use opportunity. The property features five residential units, including two 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and one studio apartment. Currently operated with a combination of short- and long-term rentals, all units are transitioning to long-term rentals, providing stable income with additional upside potential. SELLER FINANCING is available to qualified Buyers, and the Seller prefers a Seller Financed sale. Flagstaff's desirable Community Commercial (CC) zoning allows for a wide variety of commercial and residential uses. Over the years, the property has successfully housed a retail running store, hair salon, attorney's office, engineering office, and residential apartments, creating exceptional flexibility for future ownership. The oversized paved parking lot provides abundant off-street parking--an increasingly valuable asset in Historic Downtown Flagstaff. Whether you continue its successful income-producing history, establish your own business, redevelop the site within zoning allowances, or create a unique live/work environment, the possibilities are extensive. This is a one-of-a-kind historic downtown property offering character, strong income potential, outstanding visibility, abundant parking, flexible zoning, and exceptional long-term investment value. Owner/Agent.
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Additional Information
- Elementary School
- Eva Marshall Elementary School
- Middle School
- Mount Elden Middle School
- Community Features
- No Pool, See Remarks
- Construction
- Wood Frame, Stucco
- Cooling
- Other, 2 or More Units, Window/Wall Unit, See Remarks, Ceiling Fan(s)
- Electric
- APS
- Exterior Features
- Sidewalk(s)
- Heating
- Natural Gas, Hot Water
- New Financing
- Cash to Loan, Conventional, 1031 Exchange, Owner May Carry, Cash
- Parking Features
- Paved, Assigned, RV Access/Parking, Off Street
- Roofing
- Composition, Rolled/Hot Mop
- Subdivision
- Flagstaff Townsite
- Taxes
- $6,991
- Tax Year
- 2025
- Tenant Pays
- See Remarks
- Units
- 5
- Water
- Master Meter, City Franchise
- Zoning
- CC
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Listing courtesy of Linton Real Estate, LLC.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.