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.
159 days
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197
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6
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Zillow last checked:
Listing updated:
Listed by:
Teresa Lohmeier PLLC928-756-3636,
Above The Best Realty LLC
Source: PAAR as distributed by MLS GRID,MLS#: 1079302
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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: $222/sqft
Annual tax amount: $1,765
Date on market: 2/4/2026
Cumulative days on market: 158 days
Exclusions: No
Electric utility on property: Yes
Road surface type: Asphalt, Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/2/2026
Price change
$819,000-3.5%$222/sqft
Source: PAAR as distributed by MLS GRID #1079302Report a problem
2/5/2026
Listed for sale
$849,000$230/sqft
Source: PAAR as distributed by MLS GRID #1079302Report a problem
12/24/2025
Listing removed
$849,000$230/sqft
Source: PAAR as distributed by MLS GRID #1074135Report a problem
9/23/2025
Listed for sale
$849,000-3%$230/sqft
Source: PAAR as distributed by MLS GRID #1074135Report a problem
8/29/2025
Contingent
$875,000$237/sqft
Source: PAAR as distributed by MLS GRID #1074135Report a problem
7/15/2025
Listed for sale
$875,000$237/sqft
Source: PAAR as distributed by MLS GRID #1074135Report a problem
6/21/2025
Contingent
$875,000$237/sqft
Source: PAAR as distributed by MLS GRID #1074135Report a problem
6/15/2025
Listed for sale
$875,000+87%$237/sqft
Source: PAAR as distributed by MLS GRID #1074135Report a problem
7/31/2020
Sold
$468,000-6.4%$127/sqft
Source: PAAR as distributed by MLS GRID #1028826Report a problem
7/15/2020
Pending sale
$499,900$135/sqft
Source: Realty ONE Group Mountain Desert #1028826Report a problem
7/2/2020
Listed for sale
$499,900$135/sqft
Source: Realty ONE Group Mountain Desert #1028826Report a problem
6/8/2020
Pending sale
$499,900$135/sqft
Source: Realty ONE Group Mountain Desert #1028826Report a problem
4/21/2020
Listed for sale
$499,900$135/sqft
Source: Realty ONE Group Mountain Desert #1028826Report a problem
4/5/2020
Pending sale
$499,900$135/sqft
Source: Realty ONE Group Mountain Desert #1028826Report a problem
4/1/2020
Listed for sale
$499,900+25%$135/sqft
Source: Realty ONE Group Mountain Desert #1028826Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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