Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location.This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy.Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services.The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use.A separate two-story building contains two 1-bedroom, 1-bath apartment units:Unit 3: $1,400/month (utilities included)Unit 4: $1,300/month (utilities included)Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy.Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify).A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow.Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.
For sale
Price cut: $20K (8/19)
$799,000
Prescott, AZ 86305
6beds
5baths
3,692sqft
Multi Family
Built in 1914
-- sqft lot
$-- Zestimate®
$216/sqft
$-- HOA
What's special
- 212 days
- 191
- 10
Zillow last checked:
Listing updated:
Listed by:
Teresa Lohmeier PLLC 928-756-3636,
Realty Executives Arizona Territory
Source: PAAR as distributed by MLS GRID,MLS#: 1079302
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Forced - Gas, Wall Furnace
Cooling
- Ceiling Fan(s), Central Refriger, None, Other
Features
- Flooring: Concrete, Laminate, Vinyl, Wood
- Has fireplace: No
Interior area
- Total structure area: 3,692
- Total interior livable area: 3,692 sqft
Property
Features
- Exterior features: Balcony
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 11
- Zoning: BG
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame
- Roof: Asphalt,Rolled/Hot Mop
Condition
- Year built: 1914
Utilities & green energy
- Sewer: City Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Community & HOA
Community
- Subdivision: Fleurys Addition
Location
- Region: Prescott
Financial & listing details
- Price per square foot: $216/sqft
- Annual tax amount: $1,765
- Date on market: 2/4/2026
- Cumulative days on market: 212 days
- Exclusions: No
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $799,000-2.4%$216/sqft |
Source: | ||
| 7/2/2026 | Price change | $819,000-3.5%$222/sqft |
Source: | ||
| 2/5/2026 | Listed for sale | $849,000$230/sqft |
Source: | ||
| 12/24/2025 | Listing removed | $849,000$230/sqft |
Source: | ||
| 9/23/2025 | Listed for sale | $849,000-3%$230/sqft |
Source: | ||
| 8/29/2025 | Contingent | $875,000$237/sqft |
Source: | ||
| 7/15/2025 | Listed for sale | $875,000$237/sqft |
Source: | ||
| 6/21/2025 | Contingent | $875,000$237/sqft |
Source: | ||
| 6/15/2025 | Listed for sale | $875,000+87%$237/sqft |
Source: | ||
| 7/31/2020 | Sold | $468,000-6.4%$127/sqft |
Source: | ||
| 7/15/2020 | Pending sale | $499,900$135/sqft |
Source: Realty ONE Group Mountain Desert #1028826 Report a problem | ||
| 7/2/2020 | Listed for sale | $499,900$135/sqft |
Source: Realty ONE Group Mountain Desert #1028826 Report a problem | ||
| 6/8/2020 | Pending sale | $499,900$135/sqft |
Source: Realty ONE Group Mountain Desert #1028826 Report a problem | ||
| 4/21/2020 | Listed for sale | $499,900$135/sqft |
Source: Realty ONE Group Mountain Desert #1028826 Report a problem | ||
| 4/5/2020 | Pending sale | $499,900$135/sqft |
Source: Realty ONE Group Mountain Desert #1028826 Report a problem | ||
| 4/1/2020 | Listed for sale | $499,900+25%$135/sqft |
Source: Realty ONE Group Mountain Desert #1028826 Report a problem | ||
| 8/21/2018 | Sold | $400,000$108/sqft |
Source: Public Record Report a problem | ||
| 11/1/2013 | Sold | $400,000+128.6%$108/sqft |
Source: Public Record Report a problem | ||
| 5/18/2012 | Sold | $175,000-16.3%$47/sqft |
Source: | ||
| 11/23/2011 | Price change | $209,000-8.7%$57/sqft |
Source: WEST USA OF PRESCOTT #949104 Report a problem | ||
| 8/3/2011 | Price change | $229,000-4.2%$62/sqft |
Source: WEST USA OF PRESCOTT #949104 Report a problem | ||
| 5/18/2011 | Price change | $239,000-7.7%$65/sqft |
Source: WEST USA OF PRESCOTT #949104 Report a problem | ||
| 1/23/2011 | Price change | $259,000-5.8%$70/sqft |
Source: WEST USA OF PRESCOTT #949104 Report a problem | ||
| 9/28/2010 | Price change | $275,000-4.8%$74/sqft |
Source: WEST USA OF PRESCOTT #949104 Report a problem | ||
| 8/19/2010 | Price change | $289,000-3.3%$78/sqft |
Source: WEST USA OF PRESCOTT #949104 Report a problem | ||
| 8/2/2010 | Listed for sale | $299,000$81/sqft |
Source: west usa of prescott #949104 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,765 +3.1% | $37,584 +5% |
| 2025 | $1,712 +2.2% | $35,794 +5% |
| 2024 | $1,676 +1.4% | $34,090 -66.4% |
| 2023 | $1,652 -21.4% | $101,566 +33.2% |
| 2022 | $2,103 -0.2% | $76,269 +19.4% |
| 2021 | $2,106 +1.3% | $63,870 +4.8% |
| 2020 | $2,080 +3.7% | $60,963 |
| 2019 | $2,006 | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2012 | -- | -- |
| 2011 | $1,951 | $27,132 |
| 2010 | -- | -- |
| 2008 | $1,533 | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Monthly payment
Est. payment








