1200 S Riordan Ranch St Unit 26 Flagstaff, AZ 86001

Provided by The Broaddus Properties Group Brokered by eXp Realty. Powered by Place.  

Investment Condo Near NAU: 2 Bed University Meadows Condo for Sale in Flagstaff, AZ

    2 BD | 2 BA | $343,500 

If you’ve been thinking about owning property in Flagstaff—especially near NAU—this is a great opportunity to consider.

This 2 bed, 2 bath condo in University Meadows is already leased, offering immediate income, while still giving you flexibility for future use. It’s in a super convenient location with easy access to campus, shopping, and dining.

If you’re curious about:

• Rental income potential
• Future appreciation
• Or similar opportunities

Reach out anytime—I’m happy to help you explore your options.

🏢 What Makes This Condo Stand Out

This isn’t your typical condo layout. Thoughtful updates and smart design choices make this unit more functional—and more valuable—than many comparable options.

Key Features:

• 2 Bedrooms | 2 Bathrooms
• Enclosed loft converted into a fully private second bedroom
• Updated bathrooms for modern comfort
• Downstairs bedroom with en suite bath
• Private balcony for outdoor relaxation
• In-unit washer and dryer
• Large upstairs storage area (rare bonus feature)

The enclosed loft is a major advantage—turning what is often a semi-open space into a true second bedroom, increasing both usability and rental appeal.

💰 Built-In Income Potential (Investor Advantage)

This property is currently leased, allowing you to step into immediate cash flow from day one.

Why Investors Love This Location:

• Walking distance to NAU = consistent tenant demand
• Strong rental pool of students, faculty, and staff
• Low vacancy risk compared to other areas of Flagstaff
• Ideal for long-term hold or future appreciation play

Whether you’re building your portfolio or looking for a low-maintenance rental, this is a plug-and-play investment opportunity.

🚶 Walkable Flagstaff Lifestyle

Beyond the numbers, the lifestyle here is a major selling point.

You’re just minutes from:

• Grocery stores
• Local dining and coffee spots
• Banking and everyday essentials
• Shopping and services

Plus, quick access to west Flagstaff and campus makes this location incredibly convenient for both tenants and future owners.

🔄 Flexibility for Future Use

One of the biggest advantages of this property is optionality:

✔ Keep it as a rental and generate income
✔ Transition into a primary residence later
✔ Use as a second home for Flagstaff visits
✔ House NAU students while building equity

This flexibility makes it a smart move in today’s evolving real estate market.

📊 What This Means for Buyers & Investors

For Investors:
This is a low-friction entry into the Flagstaff rental market with built-in income and a location that historically performs well.

For Future Owners:
You’re securing a property in a high-demand area today while keeping your options open for tomorrow.

Thinking about owning a property near NAU or adding a rental to your portfolio? This could be a great fit.

👉 Or browse more homes here:
Search Flagstaff Homes for Sale

Photos and more information here:

www.broadduspartnersgroup.com/homes-for-sale/203833

www.northernarizonafinehomes.com/property/203833

Location

1200 South Riordan Ranch Street

Very Walkable

Learn more about Flagstaff

1200 South Riordan Ranch Street has a Walk Score of 84 out of 100. This location is Very Walkable so most errands can be accomplished on foot.

This location is in the Northern Arizona University neighborhood in Flagstaff. Nearby parks include Colton Park, Guadalupe Park and Plaza Vieja Park.

Attractions & Recreation

• Riordan Mansion State Historic Park - The Riordan mansion state park sits at 409 W Riordan Road, it does not only allow you to see two beautiful homes but also learn about the history of this area.
• Flagstaff Visitor Center - Arizona's destination for all seasons located in the high country mountains of northern Arizona. 
• Flagstaff E Bike Tours - Ride to see the beautiful outdoors in and around Flagstaff.

Dining Nearby

Nearby restaurants include Los Altenos. A family owned restaurant sharing their love for food to everyone in an absolute best experience. You can also find NiMarco's Pizza West, the best homemade pizza in town made with freshest and best-tasting ingredients. Check out the Himalyan Grill which serves finger-licking authentic Tibetan, Nepalese and Indian foods that can satisfy your cravings.

Nearby Schools