Skip main navigation
For sale
  • $999,000

    622 Western Ave, Prescott, AZ 86305

    --beds
    --baths
    3,198sqft
    : 
    $6,021/mo
    Get pre-qualified
    Multi Family
    Built in 1930
    -- sqft lot
    $945,100 Zestimate®
    $312/sqft
    $-- HOA

    What's special

    Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base.The property is fully occupied with a total annual gross income of $86,160.00, delivering immediate and stable cash flow. Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility.With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.
    133 days
    |
    157
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Abigail Chartier 928-642-3032,

    Arizona Commercial,

    Matthew Fish 480-309-1089,

    Arizona Commercial

    Source: PAAR as distributed by MLS GRID,MLS#: 1080130MLS Logo

      Facts & features

      Interior

      Heating
      • See Remarks
      Cooling
      • Other
      Features
      • Flooring: See Remarks
      • Has fireplace: No
      Interior area
      • Total structure area: 3,198
      • Total interior livable area: 3,198 sqft

      Property

      Features
      • Exterior features: Other
      Lot
      • Size: 7,405 Square Feet
      Details
      • Parcel number: 17&18
      • Zoning: BG

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      • Roof: Other
      Condition
      • Year built: 1930

      Utilities & green energy

      • Utilities for property: Other

      Community & HOA

      Location
      • Region: Prescott

      Financial & listing details

      • Price per square foot: $312/sqft
      • Date on market: 3/12/2026
      • Cumulative days on market: 102 days
      • Road surface type: See Remarks

        Estimated market value

        $945,100

        $898,000 - $992,000

        $2,301/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$999,000$312/sqft
        Source: PAAR as distributed by MLS GRID #1080130 Report a problem
        5/1/2026Listing removed$999,000$312/sqft
        Source: PAAR as distributed by MLS GRID #1080130 Report a problem
        4/14/2026Price change$999,000-9.2%$312/sqft
        Source: PAAR as distributed by MLS GRID #1080130 Report a problem
        3/9/2026Listed for sale$1,100,000$344/sqft
        Source: PAAR as distributed by MLS GRID #1080130 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: Fleury

        Getting around

        77 / 100
        Very Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes