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$405,000
1071000 MLS
Great location near Prescott Courthouse. Multi-family unit with possibility of adding more units in the future. Unit #2 is 858 square feet and includes 1 bed, 1 bath, formal dining and living room. Unit #1 is 656 square feet and includes 1 bed, 1 bath and living room. Off street parking for both units with a shared yard. New roof shingles May 2025. Units have been updated and have a strong rental history. Acquire your next great investment property!! **Please also view the listing next door at 208 Summit online**

204 S Summit Avenue, Prescott
$529,000
1070729 MLS
This attractive property offers a remarkable chance for investors interested in the Prescott Downtown market at a significantly lower price point. It is designated for Multifamily use, enabling it to function effectively as a duplex featuring two one-bedroom, one-bathroom units, each equipped with laundry hookups. The units are separately metered, allowing tenants to manage their utilities independently. The average monthly rent is approximately $1,350.00 per unit, with tenants responsible for utility costs. Currently, one unit is occupied while the other is available for viewing. Furthermore, there is potential to revert the property to a single-family home.

141 / 143 N Alarcon Street, Prescott
$470,000
1070627 MLS
Charming Vintage Cottage located near Ken Lindley Park, on a tree lined, quiet cul-de-sac in the heart of Prescott. Main home has 2 bedrooms, 1.5 baths, large laundry/storage room, and a bonus room that could be a bedroom. The full bathroom, water heater, furnace and a/c were updated 2022. The studio has 3/4 bath, kitchenette, updated flooring, appliances, and roof. Just blocks from the Prescott Courthouse Plaza. Walk to restaurants, entertainment venues. Yavapai College is nearby. RV or trailer parking is okay. This property is zoned for multi family and the oversized lot has space to add more units. Perfect for vacation rental, long term rental or live in the main home and continue to rent out the studio. Originally built in 1949, the county indicates 1976 as the effective age.

603 Alder Street, Prescott
$670,000
1070482 MLS
Own a piece of Prescott's rich history with this beautifully Fully Restored (2021) Duplex, listed on the National Register of Historic Places. Just two blocks from Whiskey Row & Courthouse Square, this rare gem seamlessly blends timeless charm with modern comfort. The main unit features 2 bedrooms and 1 bath, while ''117 1/2'' offers 1 bedroom and 1 bath, providing versatile living options. A separate shared laundry and storage area adds convenience for both units. Enjoy the outdoor courtyard complete with picket fence & producing apple tree. Currently a 5-star Superhost vacation rental, this property presents an exceptional investment opportunity--continue as a successful short-term rental or make it your permanent residence. Don't miss this rare opportunity to own prime downtown location.

117 W Aubrey Street, Prescott
$875,000
6776120 MLS
Great investment opportunity! This 4-plex is a turn-key, cash-flowing asset for your investment profile. Featuring a new roof as of 2023 and new appliances in two of the units. 100% occupancy history for each 2-bed 1-bath unit. This property is just minutes from downtown Prescott, offering easy access to shops and dining. Don't miss this chance to secure a reliable income stream in a growing market!

206 S Rush Street, Prescott
$875,000
1068466 MLS
Great investment opportunity! This 4-plex is a turn-key, cash-flowing asset for your investment profile. Featuring a new roof as of 2023 and new appliances in two of the units. 100% occupancy history for each 2-bed 1-bath unit. This property is just minutes from downtown Prescott, offering easy access to shops and dining. Don't miss this chance to secure a reliable income stream in a growing market!

206 S Rush Street, Prescott
$1,082,500
1068261 MLS
This impressive 6-unit complex features a collection of generously sized units, each spanning an expansive 924 SF. Designed to maximize comfort and functionality, every unit offers 2 bedrooms and 1 full bathroom. Each unit has capped fireplaces to add a cozy ambiance, as well as convenient laundry hookups. Additionally, residents will benefit from designated covered parking. The property has undergone recent updates, which include tasteful interior enhancements that elevate the living experience and fresh exterior paint that enhances curb appeal. These improvements not only enhance the functionality and aesthetics of the units but also help maintain the property's overall value. For investors, this multifamily property presents a remarkable opportunity to enter the growing Prescott, AZ!

843 Sunset Ave, Unit A-F, Prescott
$280,000
1068260 MLS
This appealing property presents an excellent opportunity for anyone looking to invest in the Prescott Downtown market at a fraction of the typical cost. It is zoned for both Business General and Multifamily use, allowing for conversion into office or retail space, or it can continue to function as a successful duplex. Currently, the property features two rental units: a studio and a one-bedroom apartment, which previously yielded a monthly rental income of $2,170, with tenants covering utility expenses. Both tenants are month to month. Additionally, there is the option to convert it back into a single-family residence.

112 E Aubrey Street, Prescott
$550,000
1068215 MLS
Tucked in the Pines, but close to town, Discover a fantastic opportunity to own three homes on nearly 1 acre of beautiful, private property with NO HOA restrictions! Perfect for investors seeking rental income, families looking for multi-generational living, or those interested in Airbnb ventures.Main Home is 1344 sq ft 2 Bed 2 Ba withInviting hardwood floors throughout, aSpacious family room perfect for gatheringsCharming covered porch ideal for relaxation.Second Home and 3rd homes are approx. 625 sq ft each being 1 Bed and 1 Bath withBeautiful hardwood floors in both units andSeparate shared laundry room for convenience. Situated on 0.87 acres of serene privacy, you won't want to miss this one!

747 & 749 Paul Drive, Prescott
$1,400,000
1068140 MLS
Investment Opportunity: 20-Unit Apartment Complex in Prime LocationDiscover a rare value-add opportunity with this 20-unit apartment complex, ideally situated between Willow and Watson Lakes in the Dells. This property presents a unique chance for savvy investors to unlock its full potential and capitalize on a thriving rental market.Gross rent, NOI and GRM numbers are based on pro-forma. More details available for serious inquiries.

3220 N State Route 89, Prescott
$370,000
1067720 MLS
Just steps from the Fairgrounds, this Prescott gem offers not one, but two charming homes on a 0.3-acre lot! The front cottage is a cozy 891 sqft with 2 bedrooms, 1 bath, and a picture-perfect front porch to enjoy those cool Arizona evenings. Step out back to find a large fenced yard. Tucked behind, you'll find a second 504 sqft 1-bedroom, 1-bathroom house with its own gated front and back areas, offering the privacy and versatility you need. Live in one, rent the other, or let your imagination run wild! Both homes need a little love, but with some TLC, they could shine as a long-term rental, vacation hotspot, or even your new dual-living setup. This is a rare opportunity to double your potential and make your mark in Prescott's vibrant community. Ready to create something special?

644 Gail Gardner (Duplex) Way, Prescott
$360,000
1067328 MLS
Located at corner Dameron and Hillside. This listing is two lots: 5-7 per map 2020-0018217. This is your opportunity to purchase lots and design your own dreams! Please refer to MLS: 1064931 for a new-build 8-plex (2-4plexes) with ADA compliant units and off street parking. These architect plans are available (with majority of engineering complete) at an added price $15,000. Take over from here and build your own 8-plex!

636 Dameron Drive, Prescott
$720,000
1066713 MLS
Experience modern living in this exceptional income property featuring two fully renovated units: a 2-bedroom, 2-bath and a 2-bedroom, 1-bath. Both units boast gleaming wood laminate floors, designer light fixtures, modern chef's kitchens, and updated bathrooms. The spacious, flexible floor plans maximize natural light, offering versatile living options. Situated in a prime location near top-rated schools, vibrant shopping centers, downtown, and the hospital, this property ensures convenience and entertainment for all. With its stunning features and prime location, this property offers tremendous revenue potential for investors. Don't miss out--schedule a showing today!

739 Ruth Street, Prescott
$540,000
1066224 MLS
Are you looking for three income units in the heart of Prescott with the possibility of expanding? This very unique property has what you are looking for! The main house in front is a 2 bed/1 bath and is a popular Airbnb destination. Newer roof, electric, plumbing, and gutters. All furnishings other than some artwork are included in the sale, including grill and A/C units. The middle house has a loft bedroom and has a tenant with a lease ending in March 2025. The back house is a park model also with a loft, and the tenant is on a 6 month lease, but would love to commit to 2+ years if possible. There is a goat shed used for storage and an old capped well for which there is no information readily available.

542 Dameron Drive, Prescott
$1,395,000
1065956 MLS
This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the campus is comprised of four separate and adjacent buildings which total +/-5,358 sf. The property at the southwest corner of W. Gurley St and Alto Road. The property offers excellent visibility from W. Gurley St. as well as very good ingress/egress to the property off of Alto Road. There are 13 on-site parking spaces located on the south side of the property with an additional 2 parking spaces available on the east side. There is a fenced pet are

819 W Gurley Street, Prescott
$274,000
1065655 MLS
Two houses on one lot with producing well, On quiet tree lined street south and adjoining to Shady Acres MHP and Marks Beergarden. Rents are 'pro forma' (ask for rent comps est. $1300/mo). One unit vacant on PAAR box. Existing tenant on month (need 48 hr notice to show). Both units in need of updating and remodelling, priced accordingly.

1507 Swenson Street, Prescott
$425,000
1065037 MLS
Stick built home with 2018 Cavco manufactured home on in town lot. House has one bedroom. 2018 manufactured home is a three bedroom, 2 bath split floor plan unit with block stem wall and FHA tie downs.Good income potential. Live in one rent the other, presents opportunity for owner occupant at lower monthly expenses. Owner is Licensed Arizona Real Estate Agent.

731 Bird Street, Prescott
$332,800
1064469 MLS
It's a 2-fer! Two manufactured homes on one lot. One is 2 bdrm/2 bath completely remodeled interior w/new windows, new interior & front door, new flooring (except for carpet in bedrooms), new appliances, new kitchen cabinets & countertops. This unit should rent for $1800 a month. It is currently vacant for showing. Complete list of improvements in documents. The smaller unit is 2 bdrm/1 bath and has been partially remodeled. List of improvements in documents. This unit is rented at $1200. Both units have fenced yards and storage sheds. Lot is zoned single family but has always had two units on the lot. If you change the use, you would have to build a single family unit. Owner Agent

2089 Wren Drive, Prescott
$775,000
1063961 MLS

214 Madison Avenue, Prescott
$675,000
1063904 MLS
Owner will carry with approximately 15% down payment, terms are negotiable. Nestled among the pines along White Spar Road, and only a few minutes from Downtown Prescott. This charming lodge cabin multifamily property host 6 units, 5 of which are rented currently. Unit A is a 3 bedroom, 1 bath. Unit B & C is a duplex unit each with 1 bedroom, 1 bath plus a full kitchen. Unit D & E is a duplex unit each with 1 Bedroom, 1 bath full kitchen, Unit E has a garage/storage unit. This property is an excellent investment as it sits right now or could be transformed to be a profit machine. There is lots of potential to increase rent closer to market rents and fully max out this property income.

1122 White Spar Road, Unit A-F, Prescott
$332,800
1063570 MLS
It's a 2-fer! Two manufactured homes on one lot. One is 2 bdrm/2 bath completely remodeled interior w/new windows, new interior & front door, new flooring (except for carpet in bedrooms), new appliances, new kitchen cabinets & countertops. This unit should rent for $1800 a month. It is currently vacant for showing. Complete list of improvements in documents. The smaller unit is 2 bdrm/1 bath and has been partially remodeled. List of improvements in documents. This unit is rented at $1200. Both units have fenced yards and storage sheds. Lot is zoned single family but has always had two units on the lot. If you change the use, you would have to build a single family unit. Owner Agent

2089 E Wren Drive, Prescott
$950,000
1063351 MLS
Cozy luxury in a piece of Prescott history!Come see this beautiful Tri-plex/Oasis in the heart of Prescott's Downtown area! Listed on the Historical record as the ''Historic Zunick Triplex.'' This was the first purposefully built Tri-plex in Prescott, built in 1938. Fully remodeled and upgraded with lots of beauty and tranquility in mind.There is also a studio apartment attached to the garage/laundry area. Perfect for an Art Studio/office/or a 4th rental space. 2 of the apartments come fully furnished and are turnkey for short term rentals. Beautifully restored wood floors, with modern upgrades and all appliances stay. Each apartment has its own zoned heating and A/C unit, and water heater.

227 N Pleasant Street, Prescott
$520,500
1063150 MLS
This is a perfect opportunity to own a rare Multi Family, One of a kind property in Downtown Prescott. Main house offers, 3 Bedrooms and 1 1/2 Bath, The original LA Casa Rotunda 1900's Home. The Small 1 Bedroom has been updated and is Adorable with beamed Ceilings. The Small Green building has options, and can be removed or whatever your vision could imagine. Need 48 hour notice to show. The lot below could also be available separately - working with City now and would be available for $199K , and would be apex. .2 acres.

628 Beach Avenue, Prescott
$800,000
1062337 MLS
Two 4-plexes side by side that are being sold together at $850,000 per 4-plex. See property at 715 Bird (MLS 1059796). Great condition with stable rents, good rental history and roof replaced in 2021. Each unit is a 2 bedroom 1 bath that have a private patio/deck. The building is in the perfect location with easy access to hospitals, shopping, schools, downtown and hiking and biking trails. All showings are subject to a successfully accepted offer. Laundry room with community washer and dryer on property with leased equipment.

717 Bird Street, Prescott
$800,000
1062336 MLS
Two 4-plexes side by side that are being sold together at $850,000 per 4-plex. See property at 717 Bird (MLS 1059797). Great condition with stable rents, good rental history and roof replaced in 2022. Each unit is a 2 bedroom 1 bath that have a private patio/deck. The building is in the perfect location with easy access to hospitals, shopping, schools, downtown and hiking and biking trails. All showings are subject to a successfully accepted offer. Laundry room with community washer and dryer on property with leased equipment.

715 Bird Street, Prescott
$545,000
1062100 MLS
Duplex with a 2 bed 1 bath unit and a studio that is walking distance to downtown. Property is zoned MF and there are many options for this one. You can access the property from Alarcon or through the alley where the 2 car garage is. Great views of the west from the back of the house. Watch the sunsets or the views downtown and enjoy Thumb Butte and Granite Mountain. The 2 bed unit has a large great room with a fireplace, a kitchen with granite counter tops and stainless steel appliances, and balcony. The lower level of the main unit has 2 bedrooms, full bath with double sinks, granite countertops and a laundry room. Studio with a separate entrance has a large living/bedroom condo, a kitchenette, 3/4 bath and a stone accent wall. There is also lots of parking & a detached 2 car garage.

218 S Alarcon Street, Prescott
$610,000
1061884 MLS
Great opportunity to own this nice duplex that is close to downtown Prescott. The upstairs unit is a 2BR/1.75BA and approximately 928 ft. with a fireplace, newer flooring, large living room with ceiling fans, large kitchen, and washer dryer hookups. This unit also has a covered carport. The downstairs unit is a large 1BR/1BA with a huge kitchen, large living room and a detached two car garage. This unit is also approximately 928 ft.. The downstairs unit also has washer dryer hookups and an enclosed backyard.

338 S Pleasant Street, Prescott
$1,100,000
1060904 MLS
8 UNITS. Two separate single level 4 unit buildings, in the heart of Prescott. Each building has Two 2 bedroom units, and Two 1 bedroom units. (All unit floorplans are the same except for the difference between 1&2 bedrooms).

301-303 W Merritt Street, Prescott
$925,000
1060641 MLS
This perfectly located triplex with a house attached, is a great investment opportunity. Currently all four units are fully leased out with month to month lease agreements. On a proforma valuation with $2.00 PSF Monthly rents and the current operating expenses this property will be a 6.4% CAP RATE. The house is 987 square feet and currently is rented for $1,500.00 monthly. The triplex's are each 1056 square feet, the second story units are rented for $1,250.00 monthly and the lower unit is $700.00 monthly. Lots of parking with Garages, onsite spaces and additional options for driveway and street parking. This property is located downtown only minutes away from the court house.

247 S Pleasant Street, Prescott
$890,000
1060427 MLS
TWO UNITS Great investment opportunity starting with a single-family home, on an oversized, multi-family-zoned lot. PLUS a 960-square-foot rear APARTMENT (1 BED+ BATH) which is ideal for rental or as a mother-in-law suite. Inside the main home, the 4 bedrooms and 2 baths feel remarkably spacious. The great room features a dining space, a relaxing sitting area with a gas or wood-burning fireplace, and hardwood floors. The guest bath retains its original charm while being partially updated. The primary bedroom is a cozy retreat with a fireplace, an en-suite bathroom featuring a tub/shower, and a discreet washer-dryer in the closet. Double doors seamlessly connect to the backyard, blending indoor and outdoor living.

243-241 S Pleasant Street, Prescott