$210,000
Prime 2.6-Acre Land Parcel for Sale in Rio Rancho – Flagstaff, AZ
Flagstaff, Arizona
Soft OfferPrime Southside Flagstaff Investment Property Near NAU Campus
324 S San Francisco Street, Flagstaff, Arizona 86001
$595,000
$426 / sq ft Listed 2 days ago
5
Beds
2
Baths
1,398 sqft
Building
7,100 sqft
Lot
1938
Built
About this property
Prime Southside Flagstaff Investment Property Near NAU Campus is a single family for sale in Flagstaff, Arizona, listed at $595,000. Key details: bedrooms 5, bathrooms 2, year built 1938, building size 1,398 sqft. Listed by Darien Degher of COLDWELL BANKER COMMERCIAL NORTHLAND on LoopingCloud and last updated November 9, 2026.
elcome to 324 S San Francisco Street, Flagstaff, AZ 86001—an iconic and well-known local property offering an exceptional turnkey investment opportunity. Offered at $595,000 (MLS #: 205482), this popular 5-bedroom, 2-bathroom single-family residence is strategically positioned in Flagstaff’s historic Southside neighborhood, sitting directly between downtown Flagstaff and the Northern Arizona University (NAU) campus.
Properties of this size, character, and proximity to campus are exceptionally rare in Coconino County, making this a standout addition to any real estate investment portfolio.
Extensive Recent Renovations & Mechanical Upgrades
Unlike many historic campus-area homes, this property has undergone substantial, thoughtful modernizations to minimize ongoing maintenance and maximize rental appeal:
-
Kitchen & Bathrooms: Fully remodeled kitchen featuring updated cabinetry, countertops, pantry space, an eat-in dining area, and a gas range, paired with beautifully updated bathrooms.
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Climate Control & Efficiency: Upgraded with newly installed central A/C, a replacement furnace, an electric water heater, and energy-efficient double-pane windows with aluminum frames.
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Interior Finishes: Fresh interior paint and brand-new flooring across the downstairs level, complementing the charming original wood flooring elements.
Strong Rental Demand & Market Positioning
Flagstaff’s central core faces strict inventory limits for multi-bedroom residential investment assets. 324 S San Francisco Street delivers a proven track record of rental desirability:
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Target Tenant Base: Ideal for student housing, university faculty rentals, or young professionals wanting walkable access to downtown.
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Surface Parking: Features multiple dedicated off-street parking spaces on a level 7,100 square-foot lot.
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Low Annual Carrying Costs: Very manageable annual property taxes of just $1,701 (2026).
Whether you are looking to expand your portfolio with a high-demand rental or secure a prime piece of real estate in Northern Arizona, this property delivers immediate income potential and long-term appreciation.
Property Quick-Facts & Specifications
| Feature / Detail | Specification |
| Address | 324 S San Francisco Street, Flagstaff, AZ 86001 |
| Listing Price | $595,000 |
| Bedrooms / Bathrooms | 5 Bedrooms / 2 Full Bathrooms |
| Living Area | 1,398 SQFT |
| Lot Size | 7,100 SQFT (Level Lot) |
| Year Built | 1938 (Extensively Updated) |
| MLS Number | 205482 |
| Annual Taxes | $1,701 |
| Property Type | Single-Family Investment Home |
| Location Submarket | Southside / Downtown / NAU Campus Corridor |
| Heating & Cooling | Natural Gas Furnace, Central Air Conditioning |
| Interior Features | Eat-In Kitchen, Pantry, Gas Range, Double-Pane Windows |
| Listing Brokerage | Darien Degher, Coldwell Banker Northland |
Key highlights
- Roof Asphalt Shingle
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 |
Property details
Key facts
- Bedrooms
- 5
- Bathrooms
- 2
- Year Built
- 1938
- Building Size
- 1,398 sqft
- Lot Area
- 7,100 sqft
- Stories
- 2
- Kitchens
- 1
- Parking Spaces
- 2
- Heating & Cooling
- Heating and Cooling
- Roofing
- Shingle
- Property Status
- Normal Sale
- Building Status
- Existing
- Total Units
- 8
Pricing and terms
$426
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $595,000 | - | - | - | - |
Features and amenities
Highlights
- Unbeatable Location Near NAU & Downtown: Positioned right in Flagstaff's desirable Southside neighborhood, just steps from Northern Arizona University and vibrant downtown shopping, dining, and nightlife.
- Turnkey Upgrades & Modernized Interiors: Extensively updated by the current owner with a remodeled kitchen and bathrooms, new downstairs flooring, fresh interior paint, and newer kitchen appliances.
- New Mechanical Systems Added: Features major capital improvements including a new electric water heater, upgraded furnace, and newly added central A/C for year-round comfort.
- High-Yield Investment Potential: A rare 5-bedroom, 2-bathroom inventory asset in Flagstaff’s tight rental market, delivering proven student and long-term tenant rental demand.
- Ample Off-Street Parking & Lot Size: Situated on a 7,100 SF level lot featuring convenient surface parking spaces—a highly coveted amenity in the campus corridor.
- Roof: Asphalt Shingle
Location
Address as shown by the lister.
Get directionsAbout this area - Flagstaff
- Population
- 34,207
- Housing units
- 14,740
- Land area
- 734.5 sq mi
- County
- Coconino
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Prime Southside Flagstaff Investment Property Near NAU Campus?
Prime Southside Flagstaff Investment Property Near NAU Campus is listed at $595,000. That works out to about $426 per square foot.
Where is Prime Southside Flagstaff Investment Property Near NAU Campus located?
The property is in 324 S San Francisco Street, Flagstaff, Arizona 86001, Coconino County.
What type of property is this?
This is a single family for sale in the residential category.
How big is the property?
The building is 1,398 sqft. The lot is 7,100 sqft.
Who do I contact about this listing?
Darien Degher of COLDWELL BANKER COMMERCIAL NORTHLAND listed this property. Use the Request Info button to send a message or call (928) 607-3749.
When was this listing published?
It was published on November 9, 2026 and last updated on November 9, 2026.
Listing information
- Listing ID
- RL-Arizona-28910
- Published
- Nov 9, 2026
- Last updated
- Nov 9, 2026
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