102 S O'Leary Street, Flagstaff, AZ 86001

$1,200,000
Property Type: Multi-Family Square Footage: 6,327 Status: Closed
Current Price: $1,200,000 List Date: 9/02/2025 Last Modified: 6/08/2026

Overview

Description

Nestled in the heart of Flagstaff's storied southside district, this rare offering comprises three improved contiguous parcels totaling .58 acres, each zoned for high-density residential for conjoined development. This is a once-in-a-generation opportunity to shape the future of a vibrant, established neighborhood known for its architectural charm, community spirit, and proximity to urban amenities. With the emphasis of value on the land not the existing improvements, this property is primed and penciling for a multitude of residential projects—whether you're envisioning modern townhomes, luxury apartments, an innovative multi-family complex, or simply a repurpose and redesign of the existing structures. The generous footprint allows for creative site planning and maximizes density,

Supplements: one that could preserve the community feel or modernize into a new era. Whether you're a seasoned developer, a strategic investor, or someone with a vision to create housing that honors the area's history while embracing its dynamic future, this property delivers the flexibility and promise you need by adding an income-generating asset with flexibi ...

Listing Details MLS# 202038

Location, Tax & Legal

County
Coconino
Area
160 - Southside/ Brannen
Street #
102
Direction
S
Street Name
O'Leary
Suffix
Street
City/Town Code
Flagstaff
State/Province
AZ
Zip Code
86001
Region
10 - North West City
APN
10401070
Cross Street
E. Cottage
Legal Description
Provided in escrow
Zoned
HR
Taxes
6847
Tax Year
2024

Contract Information

Public Marketing Date
2025-08-26
List Price/SqFt
213.37
Owner/Agent
No
Property Sub-Type
Multi Family
Transaction Type
Sale
Short Term Rental Allowed (Y/N)
No

Key Words

Sale/Rent Description
For Sale
Net Op Inc
CLO
Vacancy %
20%+
Cap Rate
CLO
Imprv Sz (Gross SF)
6,000 - 47,999
Land Size
.5 - .9 AC
# Units
5 - 8
Down Payment
Submit

General Property Description

# of Units
5
Year Built
1945
Year Built Source
County

Status Change Info

Sold Date
2026-06-05
Sold Price/SqFt
189.66
Financing
Owner Carry 1st

Currently Not Used

Approx SqFt
6327

More Information

Remarks & Misc

Directions
North on San Francisco St, right on E. Cottage Ave, property (s) are located on the southeast corner of E. Cottage and S. O'Leary St.

Exis Fee/Docs

Free & Clear
Yes

To Show

Appt Only/CLO
Yes
Drive By/Don't Enter
Yes

Potential Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Interior Amenities

Carpet/Tile
Yes
Cement Slab
Yes
Fireplaces/WBS
Yes
Laundry Area
Yes
Range/Ovens
Yes
Wood Floors
Yes

Docs on File

Aerial Photo
Yes
Easements
Yes
Flood Zone Info
Yes
Legal Descrip.
Yes

Exterior Amenities

Fenced
Yes
Laundry Room
Yes
Porch/Patio
Yes
Priv Yards
Yes
Sorage Units
Yes

Lot Street Imprvmnts

Alley
Yes
Curb/Gutters
Yes
Paved Street
Yes
Sidewalks
Yes
Street Parking
Yes
Unpaved Parking
Yes

Utilities

Cable Available
Yes
City Water
Yes
Electricity Available
Yes
Indiv. Metered
Yes
Natural Gas
Yes
Phone Available
Yes
Sewer
Yes

Heating

Electric
Yes
Natural Gas
Yes

Cooling

None
Yes

Management

Owner/Family
Yes

Construction

Frame - Wood
Yes
Masonry
Yes

Roof

Asphalt Shingle
Yes
Pitched
Yes

Property Features

To Show: Appt Only/CLO; Drive By/Don't Enter Potential Terms: Cash; Conventional; Submit Interior Amenities: Carpet/Tile; Cement Slab; Fireplaces/WBS; Laundry Area; Range/Ovens; Wood Floors Exterior Amenities: Fenced; Laundry Room; Porch/Patio; Priv Yards; Sorage Units Docs on File: Aerial Photo; Easements; Flood Zone Info; Legal Descrip. Lot Street Imprvmnts: Alley; Curb/Gutters; Paved Street; Sidewalks; Street Parking; Unpaved Parking Utilities: Cable Available; City Water; Electricity Available; Indiv. Metered; Natural Gas; Phone Available; Sewer Heating: Electric; Natural Gas Cooling: None Construction: Frame - Wood; Masonry Roof: Asphalt Shingle; Pitched Management: Owner/Family

Documents

IDX
Listing Office: Coldwell Banker Northland
Last Updated: June - 08 - 2026
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