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For sale
$749,900
5beds
3baths
1,930sqft

 Prescott, AZ 86303

5beds
3baths
1,930sqft
Multi Family
Built in 1974
$389/sqft

What's special

Double lot

This is more than a duplex--it's an opportunity to build your real estate portfolio in the heart of Prescott, Arizona. Located just 3.5 blocks from Historic Downtown Prescott, Courthouse Square and Whiskey Row, this property sits on a double lot with the ability to have up to 8 units, offering significant potential for future development and additional income streams.The existing property can function as a duplex or a 5-bedroom, 3-bath single-family residence, giving investors multiple strategies from day one. Use it as a long-term rental, furnished rental, house-hack opportunity, or explore Airbnb/VRBO potential while planning additional units on the property. Its proximity to Downtown Prescott makes it especially attractive for tenants and visitors seeking convenient access to restaurants, shopping, entertainment and year-round events.Not just for investors, the flexible layout also creates an excellent multigenerational living opportunity, allowing adult children, extended family, or aging parents to enjoy separate living spaces while remaining under one roof.Whether you're searching for a Prescott investment property, duplex for sale, multifamily property, short-term rental opportunity, development property, income-producing real estate, or a property with room to add additional units, this one offers multiple paths to unlock its potential.Double lot. Ability to have up to 8 units. Only 3.5 blocks from Downtown Prescott. Multiple income possibilities. One property with serious potential.Buyer to verify zoning, unit count, short-term rental eligibility, approvals and development requirements with the City of Prescott.

47 days
83
1
Source: PAAR as distributed by MLS GRID,MLS#: 1085181MLS Logo

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

DJ Sheridan 928-478-7895,

Realty Executives Arizona Territory

Source: PAAR as distributed by MLS GRID,MLS#: 1085181MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Heating
  • Forced - Gas, Natural Gas
Cooling
  • Central Refriger
Features
  • Flooring: Carpet, Tile
  • Has fireplace: No
Interior area
  • Total structure area: 1,930
  • Total interior livable area: 1,930 sqft

Property

Features
  • Exterior features: Storage, Balcony
  • Fencing: Fenced
Lot
  • Size: 0.34 Acres
  • Features: Landscaped
Details
  • Parcel number: 11
  • Zoning: MF-H

Construction

Type & style
  • Home type: MultiFamily
  • Property subtype: Multi Family
Materials
  • Block, Stucco, Frame
  • Roof: Asphalt
Condition
  • Year built: 1974

Utilities & green energy

  • Sewer: City Sewer
  • Water: Public
  • Utilities for property: Cable Available, Phone Available, Natural Gas Available, Electricity Available

Community & HOA

Community
  • Subdivision: Prescott Original Township
Location
  • Region: Prescott

Financial & listing details

  • Price per square foot: $389/sqft
  • Annual tax amount: $1,366
  • Date on market: 9/18/2026
  • Cumulative days on market: 35 days
  • Exclusions: No
  • Electric utility on property: Yes
  • Road surface type: Asphalt, Paved

Price history

DateEventPrice
9/18/2026Listed for sale$749,900+150%$389/sqft
Source: PAAR as distributed by MLS GRID #1085181 Report a problem
9/2/2011Listing removed$300,000$155/sqft
Source: NEXTAGE REALTY PROFESSIONALS #955066 Report a problem
5/9/2011Listed for sale$300,000-22.1%$155/sqft
Source: Realty Professionals Prescott, LLC DBA Nextage Realty Professionals #955066 Report a problem
3/1/2007Sold$385,000+48.1%$199/sqft
Source: Public Record Report a problem
12/27/2005Sold$260,000$135/sqft
Source: PAAR as distributed by MLS GRID #892538 Report a problem

Public tax history

YearProperty taxesTax assessment
2026$1,366 +3.2%$23,695 +5%
2025$1,324 +25.4%$22,566 +5%
2024$1,056 +1.4%$21,492 -69.5%
2023$1,042 -6.8%$70,561 +25.8%
2022$1,118 -0.4%$56,096 +2.5%
2021$1,123 +0.7%$54,751 +8.4%
2020$1,115 +4.7%$50,528
2019$1,065 --
2018-- --
2017-- --
2016-- --
2015-- --
2014-- --
2013-- --
2012-- --
2011$1,065 $16,223
2010-- --
2009$1,383 -3.2%--
2008$1,429 --
2007-- --
2006-- --
2005-- --
2004-- --
2003-- --
2002-- --
2001-- --

Monthly payment

Est. payment
$4,248/mo
Principal & interest
$4011
Property taxes
$237
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 86303

Nearby schools

Lincoln Elementary School
Grades K-5 • 0.7 miles
8/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
10/10
Prescott Mile High Middle School
Grades 6-8 • 0.4 miles
4/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
3/10
Prescott High School
Grades 8-12 • 1.9 miles
8/10
GreatSchools® Rating
College Readiness Rating
7/10
Student Progress Rating
8/10