Prescott AZ Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- 2,526
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1994
- Baths:
- MLS#:
- 1069230
- Subdivision:
- Dameron Tract
View additional info
Courtesy: Prescott Commercial Real Estate
480-309-1089
ADDITIONAL INFORMATION
Situated in a highly desirable area close to downtown Prescott, shopping centers, and healthcare services, this Tri-Plex offers an attractive investment opportunity for individuals interested in generating passive income. Each of the recently renovated two-bedroom, one-bathroom apartments includes a designated paved parking space directly in front of the unit. The presence of on-site laundry facilities, equipped with two coin-operated washers and dryers, enhances the convenience for tenants and additional income for the landlord. Seize this opportunity to acquire a property that combines accessibility with the potential for a reliable rental income, generating gross $47,040.00 and netting an annual NOI of $37,447.60 creating a 6.04 CAP Rate.
$1,999,999
726 Bird Street Prescott, AZ 86301
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1995
- Baths:
- MLS#:
- 6787334
View additional info
Courtesy: Rent Right Management Solutions
928-771-0308
ADDITIONAL INFORMATION
Great investment opportunity! Includes 3 3-plexes. 6 units in two buildings on one parcel and 3 units on a separate, not adjacent parcel. he 114 Bradshaw Dr triplex features all-new flooring, full interior paint, and new ceiling fans in all bedrooms. All units are well maintained two bedrooms, two bath 884 sf and include private yards/patios and LVP flooring, all units have washer/dryer, refrigerator, range included. These are currently leased for $1475/mo/unit. The 2 triplexes located at 726 Bird/719 Division St are 2 bedrooms, 2 bath, 846 sf units with a patio or balcony, include a washer, dryer, refrig in each unit, fresh paint, and flooring. These are currently rented for $1350/mo/unit. Over $150k annual gross revenue potential, a ~7.5% gross cash on cash return
$1,299,999
719 DIVISION Street Prescott, AZ 86301
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1987
- Baths:
- MLS#:
- 6787329
View additional info
Courtesy: Rent Right Management Solutions
928-771-0308
ADDITIONAL INFORMATION
Great investment opportunity! 6 units in two buildings on one parcel. These units are close to schools, shopping, downtown, and events! The 2 triplexes located at 726 Bird/719 Division St are 2 bedrooms, 2 baths, 846 sf units with a fenced patio or upstairs balcony, fresh paint, and flooring. These are currently rented for $1350/mo/unit. ~$97,200 gross annual revenue, ~7.4% gross cash on cash return.''
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1995
- Baths:
- MLS#:
- 6787312
View additional info
Courtesy: Rent Right Management Solutions
928-771-0308
ADDITIONAL INFORMATION
Step into the spotlight of downtown Prescott's real estate scene with this fully occupied triplex that's more than just property - it's a triple threat of financial brilliance! Each 2-bedroom, 2-bathroom unit boasts a monthly income of $1475 on year-long leases, turning this spot into a jackpot for savvy investors. Conveniently located near schools, shopping, downtown, and events, it's the go-to locale for tenants looking to live their best lives. Recent renovations have given this complex a stylish facelift, featuring new flooring, a fresh interior paint job, & ceiling fans in every bedroom. These 884 sq ft units aren't just homes; they're private havens with yards/patios and LVP flooring, perfect for tenants & owners both. Over $50k in gross annual revenue, ~7% gross cash on cash return
$850,000
206 S RUSH Street Prescott, AZ 86303
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 6776120
View additional info
Courtesy: Better Homes and Gardens Real Estate BloomTree Realty
928-443-8800
ADDITIONAL INFORMATION
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!
$1,379,000
843 Sunset Ave, Unit A-f Prescott, AZ 86305
- Type:
- Cluster
- Sq.Ft.:
- 5,544
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1979
- Baths:
- MLS#:
- 1068261
- Subdivision:
- Gardenland Tract
View additional info
Courtesy: Prescott Commercial Real Estate
480-309-1089
ADDITIONAL INFORMATION
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!
- Type:
- Cluster
- Sq.Ft.:
- 768
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1934
- Baths:
- MLS#:
- 1068260
- Subdivision:
- Prescott Original Township
View additional info
Courtesy: Prescott Commercial Real Estate
480-309-1089
ADDITIONAL INFORMATION
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.
$1,649,000
500 Copper Basin Road Prescott, AZ 86303
- Type:
- Cluster
- Sq.Ft.:
- 4,686
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 1068257
View additional info
Courtesy: Prescott Commercial Real Estate
480-309-1089
ADDITIONAL INFORMATION
Situated amidst the vibrant shops and dining establishments along Highway 89 and in Downtown Prescott, this delightful rental property is ideally positioned just a few blocks from the Prescott Courthouse. Previously known as the Pine View Motel, the new ownership has undertaken significant renovations, transforming it into a profitable venture. Spanning a total of 4,686 square feet, this accommodation features 15 units, comprising 2 suites and 13 studio rooms. These rooms are available for rental periods of 6 or 12 months and currently have a waiting list, resulting in little to no vacancies at the property. Additional revenue is generated from the laundry facilities and late payment fees. The current NOI for this property stands at $138,889.73 representing a 8.42 CAP Rate.
$1,999,999
726 Bird (9 Units) Street Prescott, AZ 86301
- Type:
- Cluster
- Sq.Ft.:
- 7,737
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1987
- Baths:
- MLS#:
- 1068243
- Subdivision:
- Dameron Tract
View additional info
Courtesy: Rent Right
928-771-0308
ADDITIONAL INFORMATION
Great investment opportunity! Includes 3 3-plexes. 6 units in two buildings on one parcel and 3 units on a separate, not adjacent parcel. he 114 Bradshaw Dr triplex features all-new flooring, full interior paint, and new ceiling fans in all bedrooms. All units are well maintained two bedrooms, two bath 884 sf and include private yards/patios and LVP flooring, all units have washer/dryer, refrigerator, range included. These are currently leased for $1475/mo/unit. The 2 triplexes located at 726 Bird/719 Division St are 2 bedrooms, 2 bath, 846 sf units with a patio or balcony, include a washer, dryer, refrig in each unit, fresh paint, and flooring. These are currently rented for $1350/mo/unit. Over $150k annual gross revenue potential, a ~7.5% gross cash on cash return.
- Type:
- Cluster
- Sq.Ft.:
- 5,076
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1987
- Baths:
- MLS#:
- 1068223
- Subdivision:
- Dameron Tract
View additional info
Courtesy: Rent Right
928-771-0308
ADDITIONAL INFORMATION
Great investment opportunity! 6 units in two buildings on one parcel. These units are close to schools, shopping, downtown, and events! The 2 triplexes located at 726 Bird/719 Division St are 2 bedrooms, 2 baths, 846 sf units with a fenced patio or upstairs balcony, fresh paint, and flooring. These are currently rented for $1350/mo/unit. ~$97,200 gross annual revenue, ~7.4% gross cash on cash return.
- Type:
- Cluster
- Sq.Ft.:
- 2,661
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1995
- Baths:
- MLS#:
- 1068222
View additional info
Courtesy: Rent Right
928-771-0308
ADDITIONAL INFORMATION
Step into the spotlight of downtown Prescott's real estate scene with this fully occupied triplex that's more than just property - it's a triple threat of financial brilliance! Each 2-bedroom, 2-bathroom unit boasts a monthly income of $1475 on year-long leases, turning this spot into a jackpot for savvy investors. Conveniently located near schools, shopping, downtown, and events, it's the go-to locale for tenants looking to live their best lives. Recent renovations have given this complex a stylish facelift, featuring new flooring, a fresh interior paint job, & ceiling fans in every bedroom. These 884 sq ft units aren't just homes; they're private havens with yards/patios and LVP flooring, perfect for tenants & owners both. Over $50k in gross annual revenue, ~7% gross cash on cash return
$1,599,999
3220 N State Route 89 Prescott, AZ 86301
- Type:
- Cluster
- Sq.Ft.:
- 5,889
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 1068140
View additional info
Courtesy: Prescott Commercial Real Estate
480-309-1089
ADDITIONAL INFORMATION
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.
$2,200,000
523 E Gurley Street Prescott, AZ 86301
- Type:
- Cluster
- Sq.Ft.:
- 7,736
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- 1067993
- Subdivision:
- East Prescott
View additional info
Courtesy: Prescott Commercial Real Estate
480-309-1089
ADDITIONAL INFORMATION
This is your chance to own a highly desirable multi-use property in the heart of Prescott, Arizona! Skyline is a mixed-use property featuring 14 rental units, a mix of 12 cozy studio and one-bedroom units and 2 commercial office spaces with long term tenants. This well-maintained property is an ideal investment for anyone seeking a stable income stream in a rapidly growing market.With a fully leased property, Skyline offers investors the opportunity for consistent rental income from both residential and commercial tenants. The strong demand for housing and office space in Prescott provides excellent long-term growth potential.
$550,000
542 Dameron Drive Prescott, AZ 86301
- Type:
- Cluster
- Sq.Ft.:
- 1,510
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 1066224
- Subdivision:
- Home Acre Tract
View additional info
Courtesy: Realty ONE Group Mt Desert
ADDITIONAL INFORMATION
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.
$1,450,000
819 W Gurley Street Prescott, AZ 86305
- Type:
- Cluster
- Sq.Ft.:
- 5,358
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2004
- Baths:
- MLS#:
- 1065956
View additional info
Courtesy: Better Homes And Gardens Real Estate Bloomtree Realty
ADDITIONAL INFORMATION
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
$500,000
603 Alder Street Prescott, AZ 86301
- Type:
- Cluster
- Sq.Ft.:
- 1,693
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1976
- Baths:
- MLS#:
- 1065690
View additional info
Courtesy: Realty ONE Group Mt Desert
ADDITIONAL INFORMATION
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 recently updated. 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.
- Type:
- Cluster
- Sq.Ft.:
- 1,496
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 1065655
View additional info
Courtesy: Superlative Realty
ADDITIONAL INFORMATION
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.
$2,998,700
810 E EASTWOOD Drive Prescott, AZ 86303
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1967
- Baths:
- MLS#:
- 6713857
View additional info
Courtesy: Realty Executives Arizona Territory
520-207-0903
ADDITIONAL INFORMATION
Exceptional Investment Opportunity in Prescott! A unique 12-unit, 16 bedroom/14 bathroom complex boasting mountain views. This diverse property features a mix of studios, 1, 2, & 3-bedroom units, catering to a wide range of renters! Many of the apartments highlight elegant beamed ceilings, cozy rock fireplaces, & sliding glass doors to maximize the scenic views. The location offers both city & mountain panoramas, including Thumb Butte & Granite Mtn, & is conveniently situated near downtown Prescott for easy access to shopping and entertainment. Ample parking is available for tenants & guests alike. A communal coin-operated laundry room provides additional revenue. The property's MF-M zoning presents further development opportunities to allow an additional 30 units to be built.
- Type:
- Cluster
- Sq.Ft.:
- 1,750
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1992
- Baths:
- MLS#:
- 1064557
- Subdivision:
- Prescott
View additional info
Courtesy: Kenneth James Realty
ADDITIONAL INFORMATION
Location, Location, Location! Recently renovated 4-plex with detached 2 car garage located downtown Prescott. Just a few minute walk to all your favorite bars, restaurants and shopping on Whiskey Row! Units are vacant at this time so you have the option to use them as STR, Mid-term or long term rentals! This property was recently renovated with a new roof, landscaping, pavers, windows, flooring, countertops, cabinets, tile, showers, fixtures, vanities, baseboard and paint. Each unit has its own mini-split for cooling. This complex offers a laundry room with multiple washer/dryers for the tenants to use. You are going to love watching that cash flow come in every month, every investors dream. Buyer to verify all information for accuracy including units sqft.
$645,000
217 Bridge Street Prescott, AZ 86303
- Type:
- Cluster
- Sq.Ft.:
- 2,360
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1914
- Baths:
- MLS#:
- 1061944
View additional info
Courtesy: Century 21 Americana
928-445-9750
ADDITIONAL INFORMATION
Nice triplex near downtown Prescott, three 2 bedroom units, close to shopping, restaurants and only 1/2 mile to the courthouse square. Rents are below market and have room for improvement. Units are continuously rented and have good upside potential. Off street parking at the rear of the building.
Listings courtesy of Prescott Area Association of REALTORS®.as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Data is deemed reliable but is not guaranteed accurate by the Prescott Area Association of REALTORS®.
Information deemed reliable but not guaranteed. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Prescott Real Estate
The median home value in Prescott, AZ is $585,000. This is higher than the county median home value of $490,300. The national median home value is $338,100. The average price of homes sold in Prescott, AZ is $585,000. Approximately 60.81% of Prescott homes are owned, compared to 26.66% rented, while 12.53% are vacant. Prescott real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Prescott real estate agent to arrange a tour today!
Prescott, Arizona has a population of 45,063. Prescott is less family-centric than the surrounding county with 13.49% of the households containing married families with children. The county average for households married with children is 18.93%.
The median household income in Prescott, Arizona is $61,090. The median household income for the surrounding county is $56,170 compared to the national median of $69,021. The median age of people living in Prescott is 60.5 years.
Prescott Weather
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 15.9 inches per year, with 12.5 inches of snow per year.