542 Dameron Drive, Prescott, AZ 86301

$525,000

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Sold Price
$525,000
List Price
$525,000
Closing Date
Jan 14, 2026
Days on Market
5
Status
CLOSED
MLS#
6959120
City
Prescott
Subdivision
Home Acre Tract
Year Built
1930

Property Description

Are you searching for a rare investment opportunity in the heart of Prescott with income in place and room to grow? This truly unique property offers three separate income-producing units with the potential for future expansion. The front main house features two bedrooms and one bathroom and has been updated with a newer roof, electrical, plumbing, and gutters. The middle unit offers a charming layout with a loft bedroom, while the rear unit is a park model, also featuring a loft. All three units are currently leased to tenants who would love to remain, providing immediate rental income, and each unit enjoys its own fenced yard—perfect for pets. The property also includes a goat shed currently used for storage and an older capped well with no additional information available. With space and potential to add additional units, this is a versatile property with exciting possibilities. Buyer to verify all information. Please do not disturb the tenants

Additional Information

Elementary School
Lincoln Elementary School
High School
Prescott High School
Middle School
Granite Mountain Middle School
Community Features
No Pool
Construction
Wood Frame
Cooling
Window/Wall Unit, Ceiling Fan(s)
Electric
APS
Heating
Window/Wall Unit(s)
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
<1 Space Per Unit, >1 Space Per Unit, RV Access/Parking
Roofing
Composition, Metal
Subdivision
Home Acre Tract
Taxes
$820
Tax Year
2025
Tenant Pays
None
Units
3
Water
City Franchise
Zoning
MF-M

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hello Home Real Estate And Property Management. Selling Office: Better Homes and Gardens Real Estate BloomTree Realty.