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For sale
  • $475,000

    8501 E Leigh Dr, Prescott Valley, AZ 86314

    4beds
    4baths
    2,161sqft
    : 
    $2,862/mo
    Get pre-qualified
    Multi Family
    Built in 2003
    -- sqft lot
    $467,100 Zestimate®
    $220/sqft
    $-- HOA

    What's special

    Spacious primary suitesAttached one-car garagePrivacy and conveniencePremium private settingLong private drivewaySecluded settingFunctional kitchens
    Welcome to 8501 E Leigh Drive--one of Prescott Valley's finest income-producing opportunities and a rare chance to own a meticulously maintained duplex in one of the community's most convenient and desirable locations. Whether you're an experienced investor looking to expand your portfolio or a buyer searching for the perfect owner-occupant ''house hack,'' this exceptional property offers the ideal combination of cash flow, condition, location, and long-term value.Positioned at the end of a long private driveway, this duplex enjoys an uncommon level of peace, privacy, and separation rarely found in multifamily properties. Set back from neighboring homes, the secluded setting creates an inviting residential atmosphere that tenants appreciate and owners are proud to maintain. This unique characteristic continues to enhance tenant satisfaction while contributing to the property's outstanding rental history.Pride of ownership is evident from the moment you arrive. Lovingly maintained and thoughtfully updated, the property offers true peace of mind with a brand-new roof installed in 2024, new carpeting in both units, and numerous improvements that minimize deferred maintenance and maximize investment confidence.Each spacious unit features approximately 1,080 square feet of comfortable living space, offering 2 bedrooms, 2 bathrooms, and an attached one-car garage. The intelligently designed floor plans provide generous living areas, functional kitchens, spacious primary suites, and the privacy and convenience today's tenants seek, helping ensure long-term desirability and consistent occupancy.Location is another standout feature. Situated in the heart of Central Prescott Valley, residents enjoy quick access to shopping, dining, medical facilities, schools, parks, entertainment, and major commuter routes, making this one of the area's most desirable rental locations. Strong demand, combined with the property's exceptional condition and unique setting, creates an investment opportunity that is increasingly difficult to find.For buyers considering owner occupancy, this property presents an outstanding opportunity to offset your mortgage by living in one unit while generating income from the other--a proven wealth-building strategy that allows you to enjoy all the benefits of homeownership while your investment works for you.Unit B is currently available for showings. Following an accepted contract, Unit A may also be viewed, as both units offer nearly identical layouts, finishes, condition, and quality.Investment opportunities of this caliber are becoming increasingly rare. Combining exceptional maintenance, recent capital improvements, a premium private setting, outstanding rental appeal, and one of Prescott Valley's most convenient locations, 8501 E Leigh Drive is more than just a duplex--it's a turnkey investment designed to deliver immediate income, long-term appreciation, and lasting value for years to come.
    24 days
    |
    1,019
    |
    59
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexander Halenka 928-583-4040,

    Realty ONE Group Mountain Desert

    Source: PAAR as distributed by MLS GRID,MLS#: 1083726MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Forced - Gas, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Refriger
      Features
      • Flooring: Carpet, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,161
      • Total interior livable area: 2,161 sqft

      Property

      Features
      • Exterior features: Balcony
      • Fencing: Fenced
      Lot
      • Size: 0.36 Acres
      • Features: Landscaped
      Details
      • Parcel number: 3266
      • Zoning: MF

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame, Stucco
      • Roof: Asphalt
      Condition
      • Year built: 2003

      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: Prescott Valley 11
      HOA
      • Has HOA: No
      Location
      • Region: Prescott Valley

      Financial & listing details

      • Price per square foot: $220/sqft
      • Tax assessed value: $415,827
      • Annual tax amount: $1,879
      • Date on market: 7/17/2026
      • Cumulative days on market: 24 days
      • Exclusions: No
      • Electric utility on property: Yes
      • Road surface type: Concrete, Paved

        Estimated market value

        $467,100

        $444,000 - $490,000

        $1,858/mo

        Price history

        DateEventPrice
        7/17/2026Listed for sale$475,000-8.7%$220/sqft
        Source: PAAR as distributed by MLS GRID #1083726 Report a problem
        6/6/2026Listing removed$520,000$241/sqft
        Source: PAAR as distributed by MLS GRID #1079367 Report a problem
        3/19/2026Price change$520,000-5.5%$241/sqft
        Source: PAAR as distributed by MLS GRID #1079367 Report a problem
        2/6/2026Listed for sale$550,000+2%$255/sqft
        Source: PAAR as distributed by MLS GRID #1079367 Report a problem
        6/30/2025Listing removed$539,000-9.4%$249/sqft
        Source: ARMLS #6462705 Report a problem
        7/9/2024Listing removed--
        Source: PAAR as distributed by MLS GRID #1064692 Report a problem
        5/22/2024Listed for sale$595,000+15.5%$275/sqft
        Source: PAAR as distributed by MLS GRID #1064692 Report a problem
        12/1/2022Sold$515,000$238/sqft
        Source: ARMLS #6472423 Report a problem
        11/10/2022Contingent$515,000$238/sqft
        Source: PAAR as distributed by MLS GRID #1051666 Report a problem
        11/2/2022Price change$515,000-4.5%$238/sqft
        Source: PAAR as distributed by MLS GRID #1051666 Report a problem
        9/12/2022Listed for sale$539,000+120.1%$249/sqft
        Source: PAAR as distributed by MLS GRID #1051159 Report a problem
        2/7/2017Listing removed$244,900$113/sqft
        Source: WEST USA OF PRESCOTT-P.V. #998208 Report a problem
        2/7/2017Listed for sale$244,900+2.5%$113/sqft
        Source: WEST USA OF PRESCOTT-P.V. #998208 Report a problem
        2/6/2017Sold$239,000-2.4%$111/sqft
        Source: PAAR as distributed by MLS GRID #998208 Report a problem
        1/3/2017Pending sale$244,900$113/sqft
        Source: WEST USA OF PRESCOTT-P.V. #998208 Report a problem
        12/22/2016Price change$244,900-2%$113/sqft
        Source: WEST USA OF PRESCOTT-P.V. #998208 Report a problem
        9/8/2016Listed for sale$249,900-10.1%$116/sqft
        Source: WEST USA OF PRESCOTT-P.V. #998208 Report a problem
        9/15/2005Sold$278,000+22.7%$129/sqft
        Source: PAAR as distributed by MLS GRID #890578 Report a problem
        3/28/2005Sold$226,600+806.4%$105/sqft
        Source: Public Record Report a problem
        1/15/2003Sold$25,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,858 +7.8%$17,913 +5%
        2024$1,723 +1.6%$17,060 -69.9%
        2023$1,695 -2.6%$56,763 +33.9%
        2022$1,741 +3.6%$42,407 +9%
        2021$1,680 +1.3%$38,891 +5.7%
        2020$1,657 +4.6%$36,807
        2019$1,585 --
        2018-- --
        2017-- --
        2016-- --
        2015-- --
        2014-- --
        2013-- --
        2012-- --
        2011$1,870 $15,582
        2010-- --
        2009$1,847 +8%--
        2008$1,710 --
        2007-- --
        2006-- --
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 86314

        Getting around

        16 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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