HGTV called....they want their pilot episode back. This fully gutted property is down to the studs and ready for someone with vision, grit, and probably a contractor on speed dial. Zoned MF-M multi-family and already framed for a possible duplex, this project has electrical and plumbing in place and is set up for a planned layout of one 3 bedroom, 2 bath unit and one 1 bedroom, 1 bath unit. Whether you're looking to create a primary residence with separate living quarters, accommodate multi generational living, or add a unique income producing property to your portfolio, this one offers multiple paths to value. Complete the project and bring this blank slate opportunity back to life, with possible additional development in the rear, subject to buyer verification.
Under contract
$174,500
224 Madison Ave, Prescott, AZ 86301
4beds
1,296sqft
Single Family Residence
Built in 1956
7,405 Square Feet Lot
$-- Zestimate®
$135/sqft
$-- HOA
What's special
- 91 days |
- 2,432 |
- 81 |
Zillow last checked:
Listing updated:
Listed by:
Tiffany C Taylor 928-458-4614,
Rent Right and Home Right,
Cody Anne Yarnes 928-925-4006,
Rent Right and Home Right
Source: PAAR as distributed by MLS GRID,MLS#: 1081167
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced - Gas
Cooling
- Central Air
Appliances
- Included: See Remarks
Features
- See Remarks
- Flooring: Other
- Windows: Other
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,296
- Total interior livable area: 1,296 sqft
Property
Features
- Levels: Traditional
- Exterior features: See Remarks
- Has view: Yes
- View description: City
Lot
- Size: 7,405 Square Feet
- Topography: Other - See Remarks
Details
- Parcel number: 14
- Zoning: MF-M (MH)
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Composition
Condition
- Year built: 1956
Utilities & green energy
- Sewer: City Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Individual Meter, Natural Gas Available, Phone Available
Community & HOA
Community
- Subdivision: Bashford Tract
HOA
- Has HOA: No
Location
- Region: Prescott
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $337,602
- Annual tax amount: $833
- Date on market: 4/13/2026
- Cumulative days on market: 85 days
- Exclusions: No
- Electric utility on property: Yes
- Road surface type: Paved
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$2,519/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Sold | $295,000+31.1%$228/sqft |
Source: Public Record Report a problem | ||
| 1/5/2026 | Listed for sale | $225,000$174/sqft |
Source:  ARMLS #6899254 Report a problem | ||
| 11/18/2025 | Pending sale | $225,000$174/sqft |
Source:  PAAR as distributed by MLS GRID #1075304 Report a problem | ||
| 11/5/2025 | Price change | $225,000-10%$174/sqft |
Source: ARMLS #6899254 Report a problem | ||
| 10/27/2025 | Price change | $250,000-9.1%$193/sqft |
Source: PAAR as distributed by MLS GRID #1075304 Report a problem | ||
| 10/16/2025 | Price change | $275,000-5.2%$212/sqft |
Source: ARMLS #6899254 Report a problem | ||
| 8/30/2025 | Price change | $290,000-3.3%$224/sqft |
Source: ARMLS #6899254 Report a problem | ||
| 8/2/2025 | Listed for sale | $300,000+38.9%$231/sqft |
Source: PAAR as distributed by MLS GRID #1075304 Report a problem | ||
| 11/27/2024 | Sold | $216,000$167/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $658 +2.2% | $13,754 +5% |
| 2024 | $644 +1.4% | $13,099 -69.4% |
| 2023 | $635 -6.8% | $42,858 +21.8% |
| 2022 | $681 -0.4% | $35,201 +4.4% |
| 2021 | $685 +0.7% | $33,715 +16.9% |
| 2020 | $680 +4.7% | $28,833 |
| 2019 | $649 +3.8% | -- |
| 2018 | $626 +0.4% | -- |
| 2017 | $623 +3.1% | -- |
| 2016 | $604 +0.3% | -- |
| 2015 | $603 | -- |
| 2014 | $603 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | $714 | $10,019 |
| 2010 | -- | -- |
| 2009 | $584 -2.1% | -- |
| 2008 | $597 | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Dexter
Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Prescott Mile High Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10Prescott High SchoolGrades: 8-12Distance: 1 mi
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- Arizona
- Yavapai County
- Prescott
- 86301
- Dexter
- 224 Madison Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Prescott Topics
