$499,000
Flagstaff, AZ 86001
MLS# 205271
4 beds | 2 baths | 1400 sqft
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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
Status: Active
Public Marketing Date: 2026-07-13
List Price: $499,000
Current Price: $499,000
List Price/SqFt: 356.43
Owner/Agent: Yes
Property Sub-Type: Single Family Residence
Land Lease: No
Transaction Type: Sale
New Construction: No
Short Term Rental Allowed (Y/N): Yes
Agent License Number: SA631430000
Firm License Number: CO002872000
Location Tax Legal
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
# Bedrooms: 4
# Bathrooms: 2
Approx SqFt: 1400
Source of SqFt: Owner
Year Built: 1945
Year Built Source: County
Power Production YN: Yes
Lot Acres: 0.16
Approx Lot SqFt: 7000
Separate Guest House: No
Heating
# Heat Furnace: 1
Plumbing
# Water Heaters: 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
Listing Office: Jackson Associates
Last Updated: July - 13 - 2026
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