Prescott, AZ 86303
What's special
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
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
DJ Sheridan 928-478-7895,
Realty Executives Arizona Territory
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
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $749,900+150%$389/sqft |
Source: | ||
| 9/2/2011 | Listing removed | $300,000$155/sqft |
Source: NEXTAGE REALTY PROFESSIONALS #955066 Report a problem | ||
| 5/9/2011 | Listed for sale | $300,000-22.1%$155/sqft |
Source: Realty Professionals Prescott, LLC DBA Nextage Realty Professionals #955066 Report a problem | ||
| 3/1/2007 | Sold | $385,000+48.1%$199/sqft |
Source: Public Record Report a problem | ||
| 12/27/2005 | Sold | $260,000$135/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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®️.