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Renovated Apartment Building
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411 South Verde Street, Flagstaff, AZ 86001

Two residential structures combine updated duplex units with a newly built, three-story apartment building in a high-density residential district.

Property Size8,462 SF
Lot Size0.24 Acres
Price / SF$443.16
Days on Market118

Property Features for 411 South Verde Street

General Information

Standard status Active
Size 8,462 SF
Total Parking Spaces 17
Lot size 0.24 Acres
Property subtype Multifamily
Zoning high-density residential
Occupancy 100%
Investment Type Stabilized
Net Operating Income $206,640

Additional Details

Asking Price $3,750,000

Amenities

washer/dryer
air conditioning
laundry room
deck

Building Details

Year Built 1950
Year Renovated 2024
Buildings 2
Stories 3
Units 5
Listing Agency: Kelly and Call Commercial Real Estate
Listed By: Trevor Call · License #SA720933000
Source: Crexi
Added: May 6 Changed: Aug 30 Last Checked: Aug 30 at 12:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelly and Call Commercial Real Estate

Investment Insights

Based on property information with market context.

This apartment property includes two residential structures on a 0.24-acre parcel. The 1,026-square-foot front duplex was rebuilt in 2024 with a new slab, underground utilities, roof, windows, doors, stucco, and interior finishes. Its two one-bedroom, one-bathroom units include air conditioning, built-in stack washer/dryers, and four parking spaces per unit.

The rear improvement is a new three-story building with 13 parking spaces beneath and around the structure. The first floor contains a one-bedroom, one-bathroom apartment with a private washer and dryer. Each of the upper floors provides six bedrooms, six bathrooms, a full kitchen, shared living space, laundry facilities, and an exterior deck. The property is zoned for high-density residential use and is located less than a quarter mile from Northern Arizona University in Flagstaff. It is fully leased.

Key Highlights

  • 0.24‑acre high‑density residential parcel in Flagstaff
  • Front 1,026‑square‑foot duplex rebuilt in 2024
  • Duplex includes two 1‑bedroom/1‑bathroom units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 86001, AZ

37,093
Population
15,364
Households
2.4
Avg Household Size
27
Median Age
55%
College-Educated
96%
High-School Grad
290.4 sq mi
ZIP Area
128
Density / Sq Mi
$62,587
Median Household Income
$24,346
Median Earnings
$1,505
Median Rent
$570,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two residential structures combine updated duplex units with a newly built, three-story apartment building in a high-density residential district.
Where is this apartment building located?
The property is located at 411 South Verde Street Flagstaff, AZ.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 0.24‑acre high‑density residential parcel in Flagstaff; Front 1,026‑square‑foot duplex rebuilt in 2024; Duplex includes two 1‑bedroom/1‑bathroom units
(928) 440-5450 Call to check price and availability
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