Sold for $3,000,000

$3,000,000

403 Clark St, Jerome, AZ 86331

--beds

--baths

21,849sqft

Multi Family

Built in 1918

-- sqft lot

$-- Zestimate^®

$137/sqft

$1,784 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,784/mo

Zestimate^® history

Owner options

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$1,784/mo

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$1,784/mo

Rent Zestimate^®

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$17,453/mo

Est. payment

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$17,453/mo

Est. payment

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What's special

Step back in time and own a piece of Jerome history! Perched majestically on the Jerome Hillside, overlooking the stunning Verde Valley, this 107-year-old gem whispers tales of the past. Originally built in 1918 by the UVX Mining Company to house its medical staff, this mixed-use property boasts timeless architecture and a prime location in the heart of Jerome's bustling visitor district. Featuring 21 residential units, 9 commercial spaces, and an adjacent 0.61-acre parking lot (48 spaces), this 21,850 sq ft property offers significant upside potential. Capitalize on the opportunity to increase rents, fill vacancies, and develop the additional lot for even greater income streams. With its captivating history, walkable location, diverse tenant mix, and 315 feet of highway frontage you can

Facts & features

Interior

Heating

Baseboard, Electric, Forced - Gas, Natural Gas, Wall Furnace

Cooling

Ceiling Fan(s), Evaporative Cooling, Ductless, Room Refrigeration

Appliances

Laundry: Laundry Facilities

Features

Flooring: Carpet, Concrete, Tile
Has fireplace: No

Interior area

Total structure area: 21,849
Total interior livable area: 21,849 sqft

Property

Features

Exterior features: Balcony, Storage

Lot

Size: 1.17 Acres
Features: Landscaped

Details

Has additional parcels: Yes
Parcel number: 1
Zoning: C1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block, Frame, Stucco
Roof: Rolled/Hot Mop

Condition

Year built: 1918

Details

Builder name: Uvx Mining Company

Utilities & green energy

Sewer: City Sewer
Water: Public
Utilities for property: Electricity Available, Individual Meter, Master Meters, Natural Gas Available, Phone Available, Underground Utilities

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Jerome

Financial & listing details

Price per square foot: $137/sqft
Tax assessed value: $3,426,490
Annual tax amount: $7,478
Date on market: 5/2/2025
Cumulative days on market: 122 days
Exclusions: No
Electric utility on property: Yes
Road surface type: Alley Paved, Asphalt, Concrete, Paved

Price history

Date	Event	Price
9/4/2025	Sold	$3,000,000-25%$137/sqft
Source: PAAR as distributed by MLS GRID #1072946 Report a problem
5/3/2025	Listed for sale	$4,000,000+175.9%$183/sqft
Source: PAAR as distributed by MLS GRID #1072946 Report a problem
7/3/2014	Sold	$1,450,000$66/sqft
Source: SVVAR #501904 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,046 +0.8%	$66,069 +5%
2024	$6,993 +1.5%	$62,923 -79.7%
2023	$6,889 -4%	$310,562 +12.6%
2022	$7,177 +7.3%	$275,878 +13%
2021	$6,687 +2.2%	$244,147 +3.5%
2020	$6,546 +4.5%	$235,884
2019	$6,264	--
2018	--	--
2017	--	--
2016	--	--
2015	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--