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For sale
  • Price cut: $30K (7/2)
    $819,000

     Prescott, AZ 86305

    6beds
    5baths
    3,692sqft
    : 
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    Multi Family
    Built in 1914
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    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
    |
    197
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Teresa Lohmeier PLLC 928-756-3636,

    Above The Best Realty LLC

    Source: PAAR as distributed by MLS GRID,MLS#: 1079302MLS Logo

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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

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/2/2026Price change$819,000-3.5%$222/sqft
        Source: PAAR as distributed by MLS GRID #1079302 Report a problem
        2/5/2026Listed for sale$849,000$230/sqft
        Source: PAAR as distributed by MLS GRID #1079302 Report a problem
        12/24/2025Listing removed$849,000$230/sqft
        Source: PAAR as distributed by MLS GRID #1074135 Report a problem
        9/23/2025Listed for sale$849,000-3%$230/sqft
        Source: PAAR as distributed by MLS GRID #1074135 Report a problem
        8/29/2025Contingent$875,000$237/sqft
        Source: PAAR as distributed by MLS GRID #1074135 Report a problem
        7/15/2025Listed for sale$875,000$237/sqft
        Source: PAAR as distributed by MLS GRID #1074135 Report a problem
        6/21/2025Contingent$875,000$237/sqft
        Source: PAAR as distributed by MLS GRID #1074135 Report a problem
        6/15/2025Listed for sale$875,000+87%$237/sqft
        Source: PAAR as distributed by MLS GRID #1074135 Report a problem
        7/31/2020Sold$468,000-6.4%$127/sqft
        Source: PAAR as distributed by MLS GRID #1028826 Report a problem
        7/15/2020Pending sale$499,900$135/sqft
        Source: Realty ONE Group Mountain Desert #1028826 Report a problem
        7/2/2020Listed for sale$499,900$135/sqft
        Source: Realty ONE Group Mountain Desert #1028826 Report a problem
        6/8/2020Pending sale$499,900$135/sqft
        Source: Realty ONE Group Mountain Desert #1028826 Report a problem
        4/21/2020Listed for sale$499,900$135/sqft
        Source: Realty ONE Group Mountain Desert #1028826 Report a problem
        4/5/2020Pending sale$499,900$135/sqft
        Source: Realty ONE Group Mountain Desert #1028826 Report a problem
        4/1/2020Listed for sale$499,900+25%$135/sqft
        Source: Realty ONE Group Mountain Desert #1028826 Report a problem
        8/21/2018Sold$400,000$108/sqft
        Source: Public Record Report a problem
        11/1/2013Sold$400,000+128.6%$108/sqft
        Source: Public Record Report a problem
        5/18/2012Sold$175,000-16.3%$47/sqft
        Source: PAAR as distributed by MLS GRID #949104 Report a problem
        11/23/2011Price change$209,000-8.7%$57/sqft
        Source: WEST USA OF PRESCOTT #949104 Report a problem
        8/3/2011Price change$229,000-4.2%$62/sqft
        Source: WEST USA OF PRESCOTT #949104 Report a problem
        5/18/2011Price change$239,000-7.7%$65/sqft
        Source: WEST USA OF PRESCOTT #949104 Report a problem
        1/23/2011Price change$259,000-5.8%$70/sqft
        Source: WEST USA OF PRESCOTT #949104 Report a problem
        9/28/2010Price change$275,000-4.8%$74/sqft
        Source: WEST USA OF PRESCOTT #949104 Report a problem
        8/19/2010Price change$289,000-3.3%$78/sqft
        Source: WEST USA OF PRESCOTT #949104 Report a problem
        8/2/2010Listed for sale$299,000$81/sqft
        Source: west usa of prescott #949104 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        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.
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        Climate risks

        Neighborhood: Fleury

        Getting around

        78 / 100
        Very Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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