309 S Montezuma Street, Prescott, AZ 86303

$3,400,000
21
BD
20
BA

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List Price
$3,400,000
Days on Market
2
Status
ACTIVE
MLS#
7090790
City
Prescott
Bedrooms
21
Bathrooms
20
Year Built
1905

Property Description

Built in 1905, The Aspens on Montezuma presents a unique opportunity to acquire a charming, 20-unit multifamily community in the heart of historic Prescott, Arizona. Situated just blocks from the iconic Courthouse Plaza and Whiskey Row, the property offers residents exceptional walkability to downtown's restaurants, boutique retailers, entertainment venues, and year-round community events. Its distinctive architectural character and potential for targeted interior and exterior improvements provide investors with an opportunity to enhance the property's competitive positioning while preserving its historic appeal.

Additional Information

Community Features
No Pool
Construction
Wood Frame, Stucco
Cooling
Electric
Electric
APS
Heating
Electric
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
1 Space/Unit
Roofing
Composition
Sewer
Public Sewer
Taxes
$3,982
Tax Year
2026
Tenant Pays
Electricity
Units
20
Water
Master Meter
Zoning
NA

Courtesy of Marcus & Millichap. 602-687-6700

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