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For sale
  • Price cut: $25K (6/12)
    $674,000

    539 Lincoln Ave, Prescott, AZ 86301

    3beds
    2baths
    1,392sqft
    : 
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    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $484/sqft
    $-- HOA

    What's special

    Stone casitaOversized lotMini-split systemsArtificial turf fenced yardTuff shed for storageNew water heaters
    DO NOT DISTURB TENANTS Located near downtown Prescott, this highly successful Rental zoned multifamily offers a rare opportunity to own two properties in a prime location. Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems,artificial turf, and fencing and so much more. See 'Feature Sheet' in documents tab.Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fencedyard. The oversized lot also offers room for a future garage or additional improvements,adding even more long-term value. There is even a tuff shed for storage in the back.The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental.An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. The listing agent must confirm all showings, as this is an active Short-Term Rental.
    128 days
    |
    471
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peggy Ahern 928-899-2399,

    Realty ONE Group Mountain Desert

    Source: PAAR as distributed by MLS GRID,MLS#: 1080328MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Electric, Other, See Remarks, Wall Furnace
      Cooling
      • Zoned
      Features
      • Flooring: See Remarks, Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 1,392
      • Total interior livable area: 1,392 sqft

      Property

      Features
      • Fencing: Fenced
      Lot
      • Size: 0.29 Acres
      • Features: Landscaped
      Details
      • Parcel number: 20
      • Zoning: MF

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Stone
      • Roof: Asphalt
      Condition
      • Year built: 1928

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: City Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Underground Utilities

      Community & HOA

      Community
      • Subdivision: Home Acre Tract
      HOA
      • Has HOA: No
      Location
      • Region: Prescott

      Financial & listing details

      • Price per square foot: $484/sqft
      • Tax assessed value: $412,706
      • Annual tax amount: $1,057
      • Date on market: 3/16/2026
      • Cumulative days on market: 116 days
      • Exclusions: No
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,122/mo

        Price history

        DateEventPrice
        6/12/2026Price change$674,000-3.6%$484/sqft
        Source: PAAR as distributed by MLS GRID #1080329 Report a problem
        4/17/2026Listed for sale$699,000-2.2%$502/sqft
        Source: PAAR as distributed by MLS GRID #1080328 Report a problem
        4/3/2026Listing removed$715,000$514/sqft
        Source: PAAR as distributed by MLS GRID #1080329 Report a problem
        3/16/2026Listed for sale$715,000+47.4%$514/sqft
        Source: PAAR as distributed by MLS GRID #1080328 Report a problem
        9/24/2021Sold$485,000+125.2%$348/sqft
        Source: PAAR as distributed by MLS GRID #1041234 Report a problem
        9/6/2018Sold$215,395-1.1%$155/sqft
        Source: PAAR as distributed by MLS GRID #1011488 Report a problem
        7/6/2018Pending sale$217,895$157/sqft
        Source: CLIENT REALTY #1011488 Report a problem
        6/30/2018Listed for sale$217,895$157/sqft
        Source: CLIENT REALTY #1011488 Report a problem
        6/21/2018Pending sale$217,895$157/sqft
        Source: CLIENT REALTY #1011488 Report a problem
        6/5/2018Listed for sale$217,895$157/sqft
        Source: CLIENT REALTY #1011488 Report a problem
        5/27/2018Pending sale$217,895$157/sqft
        Source: CLIENT REALTY #1011488 Report a problem
        4/25/2018Listed for sale$217,895+9.5%$157/sqft
        Source: CLIENT REALTY #1011488 Report a problem
        3/18/2010Listing removed$199,000$143/sqft
        Source: CLIENT REALTY #941106 Report a problem
        2/3/2010Listed for sale$199,000+11.2%$143/sqft
        Source: CLIENT REALTY #941106 Report a problem
        7/15/2004Sold$179,000+110.6%$129/sqft
        Source: Public Record Report a problem
        4/5/1995Sold$85,000$61/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,026 +2.2%$18,787 +5%
        2024$1,004 +2%$17,892 -66.7%
        2023$984 -4.9%$53,689 +36.7%
        2022$1,034 -0.6%$39,275 +7.4%
        2021$1,041 +0.9%$36,555 +6.8%
        2020$1,031 -2.1%$34,227
        2019$1,053 --
        2018-- --
        2017-- --
        2016-- --
        2015-- --
        2014-- --
        2013-- --
        2012-- --
        2011$907 $13,279
        2010-- --
        2009$736 +0.7%--
        2008$731 --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Dexter

        Getting around

        70 / 100
        Very Walkable
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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