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324 S Pleasant Street, Prescott
$749,900
5 Beds ⋅ 3 Baths ⋅ 1085182 MLS
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.

324 S Pleasant Street, Prescott

Prescott
$749,900
1085181 MLS
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.

Prescott

441 S Alarcon Street, Prescott
$899,000
3 Beds ⋅ 3 Baths ⋅ 1081061 MLS
DOWNTOWN PRESCOTT GEM PANORAMIC VIEWS NO HOA MULTI-FAMILY OPPORTUNITYWelcome to the downtown Prescott lifestyle you've been dreaming of -- where charm, comfort, and breathtaking scenery meet in perfect harmony. Built in 2015 and impeccably maintained, this stunning Craftsman-style home blends timeless character with modern construction, offering a rare opportunity you simply won't find again.From the moment you arrive, the expansive front porch invites you to relax and take in sweeping, unobstructed views of Thumb Butte and Granite Mountain -- the kind of backdrop that turns everyday moments into something extraordinary. Whether it's sunrise coffee or sunset gatherings, this home was made to be enjoyed.Step inside and feel the difference -- soaring raised 9-foot ceilings, rich engineered hardwood floors, and natural light pouring through Anderson double-pane windows create an open, airy elegance throughout. Beautiful Alderwood cabinetry and custom built-ins add warmth, craftsmanship, and thoughtful functionality in every corner of the home. The inviting living space is anchored by a cozy Lennox gas fireplace, while a dual-zone HVAC system ensures year-round comfort.Practical luxury continues with a spacious attached main-level three-car insulated garage, whole-house surge protection, and low-maintenance native landscaping supported by a drip system -- designed for easy living so you can focus on what matters most.Set on a combined 0.51-acre property, this offering includes two of the last remaining multi-family lots in downtown Prescott -- an incredibly rare investment and expansion opportunity. Whether you envision additional residences, income-producing units, or preserving the privacy and space, the possibilities are truly exceptional. And best of all -- NO HOA, giving you the freedom to make it your own.Downstairs, a large walkout basement with 8-foot ceilings provides even more versatility -- perfect for a workshop, private guest suite, multi-generational living, or a potential rental apartment.All of this is just minutes from the vibrant heart of downtown and the beloved Prescott Courthouse Plaza, where local events, dining, and charm create a lifestyle unlike any other.Opportunities like this don't come along often -- a modern home, iconic views, additional buildable lots, and a prime downtown location all in one remarkable package.Come experience it for yourself -- and make this Prescott dream your reality.

441 S Alarcon Street, Prescott

408 S Alarcon Street, Prescott
$545,000
3 Beds ⋅ 1 Baths ⋅ 1080450 MLS
Walk to Prescott's Iconic Downtown Courthouse Square from this Character-Filled Craftsman Retreat.The buyer's home did not sell; now we're back on the market! Ideally located just moments from Prescott's historic downtown, this 1948 Craftsman-style home offers timeless charm paired with an unbeatable walkable lifestyle. Enjoy easy access to restaurants, shops, events, and the vibrant energy of the Courthouse Square--all just minutes away.Situated on a generous 1/4-acre lot, the property provides rare space and flexibility in this sought-after location, with ample parking both in the front and rear--perfect for guests, toys, or multiple vehicles.The main residence features 3 bedrooms and 1 bath, with a warm and inviting interior highlighted by a classic wood-burning fireplace and an abundance of windows that fill the home with natural light while capturing surrounding views. Original character and craftsmanship shine throughout.A detached guest studio with a private bath offers excellent versatility for guests, extended stays, or creative use.Outdoor living is where this property truly stands out. Designed for entertaining, the expansive patio and custom cantina create a one-of-a-kind gathering space--ideal for hosting and enjoying Prescott's beautiful seasons.Additional features include a detached 1.5-car garage with rear entry and RV gate, enhancing both functionality and accessibility.A rare opportunity to own a walkable downtown Prescott property with space, character, and exceptional indoor-outdoor living.

408 S Alarcon Street, Prescott

520 S Cortez Street, Prescott
$1,130,000
1078584 MLS
Exceptional Multi-Family Opportunity Near Downtown Prescott. Offered for the first time on the market, this rare four-plex is ideally located just moments from historic downtown Prescott, providing an outstanding opportunity for investors or owner-occupants alike. The property features four distinct floor plans constructed from 12 inch poured concrete walls, 4 inch thick concrete with steel web flooring girders. It includes a spacious owner's unit offering just over 1,600 square feet, perfect for comfortable on-site living while generating rental income from the remaining units with a beautiful covered temperature controlled Arizona room with west facing views. The four-plex presents an immediate income producing opportunity, with additional upside through light renovations and updates to further enhance value and long term returns, with a future elevator through a uniquely design shaft already on site. Situated on an oversized lot, the property has exterior covered parking, paved road and alley access, a fenced in garden area, along with a motorhome pad with full hookups available. The property also offers significant future potential, as current zoning allows for the expansion of an additional multi-family building, making this a compelling value add or development play. With its prime proximity to downtown amenities, dining, and entertainment, and opportunities like this rarely coming available, this is a truly special Prescott investment property that blends location, income, and future growth potential.

520 S Cortez Street, Prescott

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Prescott Original Township Real Estate & Homes

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