121 N Willow Street, Prescott, AZ 86305

$745,000

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Sold Price
$745,000
List Price
$875,000
Closing Date
Feb 26, 2026
Status
CLOSED
MLS#
1078795
City
Prescott
Lot Size
12,197
Year Built
1914

Property Description

Here's your opportunity to own a piece of Prescott history! This charming 4-plex features lovely original details, wood floors, and the classic Prescott character buyers love. Ideally located close to downtown, this property offers excellent flexibility for investors--continue operating as long-term rentals, explore short-term rental potential (buyer to verify), or create a unique multi-generational living setup.The property is currently owner-managed and operating at an approximate 6.7% cap rate. Tenants are month-to-month and would like to remain, providing immediate income. With its prime location and multiple use options, this is a rare investment opportunity with strong upside.

Additional Information

Acres
0.28
Construction
Frame
Cooling
Ceiling Fan(s), Room Refrigeration
Exterior Features
Fence, Balcony
Flooring
Other, Wood
Heating
Natural Gas, Wall Furnace
Lot Size
12,197
Stories
2
Taxes
$1,323
Tax Year
2025
Utilities
Electricity Available, Individual Meter, Natural Gas Available, WWT - City Sewer
Water
Public
Zoning
MF-H

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty. Selling Office: NON-MEMBER.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®