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$819,000
1079302 MLS
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.

Prescott

$539,000
1078953 MLS
Located just walking distance from Downtown Prescott, Whiskey Row, YRMC Hospital, shopping, schools, and restaurants, this gorgeous upgraded 2-Unit farmhouse on approximately .24 acre offers the perfect blend of modern amenities and prime convenience. The main home features a brand new kitchen, granite countertops, new roof (2022), new flooring throughout, all brand new updated utilities with electrical panel, with your very own front entrance electric gate with keypad. The guesthouse boasts a full kitchen with quartz countertops, full bathroom with a walk-in shower, vaulted ceilings, 2 lofts, in unit washer and dryer, making it ideal for rental income or guest accommodations! You'll have plenty of storage with the boat deep 33foot garage, and turn the 1930's remodeled barn into your very own event space!

533 Dameron Drive, Prescott

$1,185,000
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

$525,000
6959120 MLS
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

542 Dameron Drive, Prescott

$432,750
1077552 MLS
Welcome to this fully updated duplex in the heart of Prescott offering versatile investment potential--live in one unit and rent the other, hold long-term, or mix Airbnb and traditional income for maximum returns. This beautifully updated property boasts an array of modern upgrades, making it a true standout in the market. Each unit has been meticulously renovated, featuring new luxury vinyl plank (LVP) flooring throughout for a sleek and durable finish. Fresh interior and exterior paint give the property a crisp, inviting look. The kitchens are a dream with white shaker cabinets and stunning quartz countertops, stainless steel appliances perfect for cooking and entertaining. All bathrooms have been thoughtfully updated with contemporary tile shower and tub surrounds. This is a true turn key investment with its modern finishes, prime location, and low maintenance design, it's an opportunity you won't want to miss.

1213 Stetson Road, Prescott

$500,000
1077154 MLS
Triplex in a highly rentable location situated in the desirable Prescott Dells area stands out as a reliable income-producing asset. Favored by renters for its unbeatable location, this historic rock building boasts a long track record of zero vacancies--an investor's dream for stable, predictable cash flow. Each of the three units has been attractively updated over the years, offering modern comforts while preserving the property's vintage charm. The updates ensure low maintenance needs and continued tenant satisfaction, further minimizing potential turnover. Two units are currently occupied, with lease renewals scheduled within the next 30-60 days--providing immediate revenue and easy opportunities to adjust rents to current market rates. This is your chance to own a proven investment property in one of the most sought-after areas for rental demand in Prescott. .

3250 N State Route 89, Prescott

$825,000
6920318 MLS
Beautifully renovated fourplex in the heart of Prescott. Four 2BR/1BA units, each with updated kitchens, baths, flooring, fixtures, blinds, appliances, water heaters, Low-E windows, and paint. Owners have invested over 100k in upgrades, including new roof (2024), porcelain plank tile in some units, added pantries and cabinetry. Culvert systems, waterproofing, and reconfigured entry for proper drainage. All units include refrigerators and washer/dryers. Concrete parking front and back for 7 vehicles; each unit has a fenced patio. Walking distance to parks, groceries, hospital, Yavapai College, Whiskey Row, and Courthouse Plaza. Turnkey with strong rentability—ideal for investors or house hackers: live in one unit and let tenants pay the mortgage.

828 Lincoln Avenue, Prescott

$825,000
1076478 MLS
Beautifully renovated fourplex in the heart of Prescott. Four 2BR/1BA units, each with updated kitchens, baths, flooring, fixtures, blinds, appliances, water heaters, Low-E windows, and paint. Owners have invested over 100k in upgrades, including new roof (2024), porcelain plank tile in some units, added pantries and cabinetry. Culvert systems, waterproofing, and reconfigured entry for proper drainage. All units include refrigerators and washer/dryers. Concrete parking front and back for 7 vehicles; each unit has a fenced patio. Walking distance to parks, groceries, hospital, Yavapai College, Whiskey Row, and Courthouse Plaza. Turnkey with strong rentability--ideal for investors or house hackers: live in one unit and let tenants pay the mortgage.

828 Lincoln Avenue, Prescott

$1,250,000
1076023 MLS
An outstanding opportunity for a vacation rental business or long-term leases is now available for sale in Downtown Prescott, within walking distance of Courthouse Square. This building currently operates with 5 long-term lease units and 3 vacation units (hosted on Airbnb), with no limitations for a new buyer to convert all units to vacation rentals or long-term rentals, dependent on Buyer's management preference. A major renovation in 2020 included: all-new electrical, upgraded HVAC systems, new central hot water, and a full interior upgrade. Vacation units are fully furnished, functional, and turnkey-ready to continue operating. Each unit is individually metered. On-site coin-operated laundry facilities add convenience for guests and tenants.

215 E Willis Street, Prescott

$1,300,000
1075746 MLS
Rare Downtown Prescott Apartment Opportunity - Fully Remodeled 8-Unit BuildingNow available--an exceptionally rare find in the heart of downtown Prescott! This eight-unit residential apartment building offers a prime location just three blocks from the historic Courthouse Square, restaurants, shops, and all the charm of downtown living.Every apartment has been thoughtfully remodeled with updated flooring, modern kitchenette spaces, and upgraded windows to bring in abundant natural light. The property also includes a fully remodeled basement apartment for added versatility. Residents enjoy the convenience of an on-site coin-operated laundry facility with brand-new machines (two washers and two dryers).With its combination of modern updates and unbeatable location, this property is ideal for investors or those looking to own a piece of Prescott's limited downtown residential market. Title is being held open see private remarks.

223 E Willis Street, Prescott

$715,000
1074529 MLS
Historic Downtown Prescott Duplex - Fully Renovated. A rare opportunity just 2 blocks from the iconic downtown square, this charming historical duplex sits on the quiet, tree-lined street of North Pleasant. Originally built circa 1880 and listed on the National Register of Historic Places, this home has been fully restored with modern upgrades while preserving its timeless character. 2 units, each with 1 bedroom and 1 bath. Recent upgrades include a new roof (2021), fresh exterior paint, and fully remodeled interior. Each unit offers a fully stocked kitchen with full size appliances and unit B offers a full size washer/dryer. Unit A has the original footed bathtub. Hard wood floors. Landscaped front/back. Fully fenced. 5 year history of a 5 star Airbnb rating. Owner/Agent.

136 N Pleasant Street, Prescott

$510,000
1073995 MLS
Built in 1877, the Otis house is a treasured example of everything historic & charming about Prescott. This lovely, Victorian ''lady'' is one of the oldest homes in Prescott & presents like a true period piece complete w/sitting room, parlor, staircase up to bedrooms, inviting front porch, gingerbread accents, & original windows. Additions made over the years incl. back kitchen, main floor bath w/laundry, & an attached 2 bed/1 bath apt. w/separate access and garage. There's magical outdoor space for secret gardens & just a few minute walk to downtown. Be gentle as this home is original & priced to reflect the love & labor that she is deserving of. Absolutely no repairs or credits will be entertained. This is the perfect opportunity to invest in a historical, downtown Prescott home.

113 N Pleasant Street, Prescott

$3,972,000
6830619 MLS
Incredible investment opportunity, cul-de-sac location with low turnover. Fully rented 20 unit apartment complex for sale in Downtown Prescott! Great location close to Whiskey Row, shopping, restaurants and schools! This apartment complex includes 5, 3,584 sf buildings which house 4 apartments each, for a total of 20 units. Each apartment is 896 sf, with 2 bedrooms, 2 baths, fireplace, laundry room with w/d hookups, patio and one assigned parking spot each. RUBS utilized, tenants pay $40 a month toward water, sewer, trash. Electricity and gas are individually metered. For rental info per unit, please see attached documents. All 5 roofs have been replaced for approx $80,000. Rare opportunity, units are in great condition. Opportunity for Pro Forma rents!

799 Sanctuary Road, Prescott

$3,972,000
1071174 MLS
Incredible investment opportunity, cul-de-sac location with low turnover. Fully rented 20 unit apartment complex for sale in Downtown Prescott! Great location close to Whiskey Row, shopping, restaurants and schools! This apartment complex includes 5, 3,584 sf buildings which house 4 apartments each, for a total of 20 units. Each apartment is 896 sf, with 2 bedrooms, 2 baths, fireplace, laundry room with w/d hookups, patio and one assigned parking spot each. RUBS utilized, tenants pay $40 a month toward water, sewer, trash. Electricity and gas are individually metered. For rental info per unit, please see attached documents. All 5 roofs have been replaced for approx $80,000. Rare opportunity, units are in great condition. Opportunity for Pro Forma rents!

799 Sanctuary Road, Prescott