$1,650,000
$149K PRICE DROP

Estimated payment $9,353/month

Total Views 11,371
-- Bed
-- Bath
3,648 Sq Ft
$452 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Cooling Available
  • 4-minute walk to Wheeler Park
  • Wood Flooring
  • Heating System Uses Natural Gas

About This Home

Discover this updated income property located on a high-profile corner lot in the heart of Historic Downtown Flagstaff. Wonderful Historic Downton property circa 1906 Lindemann House.. Zoned Community Commercial with a variety of prior commercial uses.

This property features five fine residences: 3 fully furnished and highly successful short term rentals (STR's) and 2 long term rentals - a 2 bedroom 1 bath penthouse apartment and a 1 bedroom 1 bath apartment. The STR's include a large studio apartment, a 2-bedroom, 1-bath apartment and a 1-bedroom, 1-bath apartment. Solid income with lots of additional possibilities.

SELLER FINANCING is available to a qualified Buyer. Avoid expensive conventional lender fees. Seller prefers a Seller financed sale. Owner/Agent. A huge paved parking lot provides ample parking in the center of town. Prior commercial uses have included a retail running store, hair salon and attorney and engineering offices.

Listing Agent

Bruce Bourne

Linton Real Estate License #BR102094000 Listed on: 01/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 1943

Parking

  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Asphalt Shingled Roof
  • Rolled or Hot Mop Roof

Interior Spaces

  • 3,648 Sq Ft Home
  • Wood Flooring

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • Association fees include water, sewer, gas, electricity, snow removal, trash collection
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 10009001e

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,730

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi-Family
  • Year Built: 1943
  • Co List Office Phone: 928-779-4411
  • MLS Status: Active
  • Location Tax Legal:Taxes2: 6730.0
  • Location Tax Legal:Tax Year2: 2023
  • Roof:Asphalt Shingle: Yes
  • General Property Description:Lot Dimensions: Irreg approx 78' x 134'
  • Location Tax Legal:Zoned: CC
  • Utilities:Electric3: Yes
  • Heating Other2: Yes
  • Utilities Sewer: Yes
  • General Property Description:_pound_ of Units: 5
  • Special Features: None

Interior Features

  • Cooling System: Individual A/C Units
  • Utilities: Sewer Connected, Indiv Metered, City Water, Electricity Available, Natural Gas Available
  • Cross Street: Cherry Ave
  • Inc Exp Annual Scheduled Income: 122292.0
  • Heating System: Natural Gas

Exterior Features

  • Roof: Asphalt, Pitched, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • ConstructionSiding:Roof Rolled: Yes

Garage/Parking

  • Parking Features: RV Access/Parking

Utilities

  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water, Sewer, Gas, Electricity, Snow Removal, Trash Collection

Association/Amenities

  • Interior Amenities:Wood Floors: Yes

Lot Info

  • Lot Dimensions: Irreg approx 78' x 134'
  • Parcel Number: 10009001e

Rental Info

  • Lease Term: No Pets, Month to Month

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6730.0

Multi Family

  • Number Of Units Total: 5

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,889 $166,794 -- --
2024 $6,889 $163,795 -- --
2023 $6,730 $133,560 $0 $0
2022 $6,423 $92,005 $0 $0
2021 $6,334 $86,631 $0 $0
2020 $6,154 $84,240 $0 $0
2019 $6,039 $69,897 $0 $0
2018 $5,872 $66,439 $0 $0
2017 $5,519 $62,693 $0 $0
2016 $14 $58,859 $0 $0
2015 $5,243 $55,421 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $1,650,000 -2.9% $452 / Sq Ft
03/30/2025 03/30/25 Price Changed $1,699,000 -5.6% $466 / Sq Ft
01/03/2025 01/03/25 For Sale $1,799,000 -- $493 / Sq Ft
Source: Northern Arizona Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- First American Title Ins Co
Interfamily Deed Transfer -- Transnation Title Ins Co
Quit Claim Deed -- --
Cash Sale Deed $250,000 Transnation Title Ins Co
Source: Public Records

Source: Northern Arizona Association of REALTORS®

MLS Number: 199204

Northern Arizona Association of REALTORS®

APN: 100-09-001E