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4 Beds
2 Baths
1,400 sqft

$499,000

404 S Verde Street, Flagstaff AZ, 86001

Price per sqft$356.43
Built in1945
Property size1,400 sqft
Property typeResidential
Courtesy of Jennifer Carpenter with Jackson Associates

Overview

Active

Listed Jul 13, 2026

Updated Jul 25

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.

$3,320/mo

Est. mortgage payment based on a $499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
205271

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$1,584
Tax Frequency
Annually
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Listing Contact:  

Based on information from the Northern Arizona Association of REALTORS® as of 7/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Not representative of the licensee’s transaction history.

©2026 Northern Arizona Association of REALTORS®. All rights reserved.

Data last updated 3:20 AM UTC, 7/25/2026

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