404 S Verde Street, Flagstaff, AZ 86001 (MLS# 205271)

$499,000

404 S Verde Street
Flagstaff, AZ 86001
MLS# 205271
4 beds | 2 baths | 1400 sqft

1 / 7

Property Description
This rare 7,000 sq ft lot is in an unbeatable location, just blocks from NAU. It already has rental potential or buyer could add to that by redeveloping and adding an accessory dwelling unit (ADU), a rear alley facing second house, or pursuing full multi-unit redevelopment. New zoning rules allow for four units using the City of Flagstaff's new faster approval process. The parcel also conveys with a binding waiver of enforcement of the city's onerous High Occupancy Housing (HOH) Ordinance. Similar neighboring parcels are being fully redeveloped into lucrative high-density student housing duplexes and complexes. The property has been a rental for the past 5 years at 2,500/month. Rent the property while you plan the next steps for your investment! Owner is a licensed agent.

Details

Maps

Contract Information

List Price/SqFt: 356.43

Owner/Agent: Yes

Short Term Rental Allowed (Y/N): Yes

Transaction Type: Sale

Land Lease: No

Agent License Number: SA631430000

Firm License Number: CO002872000

New Construction: No

Status: Active

Public Marketing Date: 2026-07-13

List Price: $499,000

Current Price: $499,000

Property Sub-Type: Single Family Residence

Location, Tax & Legal

Region: 10 - North West City

APN: 10402028

Subdivision: Brannen Add

Zip + 4: 5750

Cross Street: Butler Ave

Legal Description: SUBDIVISION: BRANNEN ADD BLOCK: 16 LOT: 9 SIXTEENTH: SW QUARTER: NW SECTION: 22 TOWNSHIP: 21N RANGE: 07E

Zoned: HR or T4N.1

Taxes: 1584

Tax Year: 2025

HOA 1 Primary Assoc: No

County: Coconino

Area: 160 - Southside/ Brannen

Street #: 404

Direction: S

Street Name: Verde

Suffix: Street

City/Town Code: Flagstaff

State/Province: AZ

Zip Code: 86001

Geo Lat: 35.191915

Geo Lon: -111.648012

General Property Description

Vegetation: Mixed

Terrain: Level

Lot Acres: 0.16

Approx Lot SqFt: 7000

Source of SqFt: Owner

Year Built: 1945

Year Built Source: County

Power Production YN: Yes

Separate Guest House: No

# Bedrooms: 4

# Bathrooms: 2

Approx SqFt: 1400

Remarks & Misc

Directions: From Butler turn left on S O'Leary St, right on Ashurst, right on S Verde. House is on right.

Seller's Option

1031 Exchange: 1

Cash: 1

Conventional: 1

FHA: 1

Possession

At COE: 1

Utilities Available

Cable Available: 1

Public Sewer: 1

Water Source

Public: 1

HOA/POA Mgt Company

None: 1

Living Room Features

None: 1

Dining Room Features

None: 1

Fireplace

None: 1

Family Room Features

None: 1

Kitchen Features

Gas Range: 1

Refrigerator: 1

Primary Bedroom

Split Floorplan: 1

Tub/Shower Combo: 1

Laundry

In Hall: 1

Heating

# Heat Furnace: 1

Forced Air: 1

Cooling

None: 1

Floor Coverings

Carpet: 1

Vinyl: 1

Construction

Frame-Wood: 1

Garage Type

Garage Capacity: 0

Roof

Asphalt Shingle: 1

Style

Multi-Level: 1

Plumbing

# Water Heaters: 1

Gas Water Heater: 1

Property Features

Possession: At COE

Seller's Option: 1031 Exchange; Cash; Conventional; FHA

Living Room Features: None

Family Room Features: None

Kitchen Features: Gas Range; Refrigerator

Primary Bedroom: Split Floorplan; Tub/Shower Combo

Laundry: In Hall

Floor Coverings: Carpet; Vinyl

Dining Room Features: None

Fireplace: None

Heating: Forced Air

Cooling: None

Plumbing: Gas Water Heater

Utilities Available: Cable Available; Public Sewer

Water Source: Public

Style: Multi-Level

Construction: Frame-Wood

Roof: Asphalt Shingle

IDX

Listing Office: Jackson Associates

Last Updated: July - 24 - 2026