131 S Summit Avenue, Prescott, AZ 86303 (MLS# 1073549)


$774,000
131 S Summit Avenue
Prescott, AZ 86303
MLS# 1073549
3378 sqft


131 S Summit Avenue, Prescott, AZ 86303
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131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303 131 S Summit Avenue, Prescott, AZ 86303

Property Description
Prime Investment Opportunity in Prescott, AZ - 7-Bedroom Rental Property with Tremendous Upside Located in the heart of Prescott, this spacious 7-bedroom property presents a rare and exciting investment opportunity. Whether you're expanding your portfolio or diving into your first income property, this versatile home offers strong rental potential and room for growth. Situated in a highly desirable area known for its charm, community feel, and proximity to downtown, this property is ideal for long-term tenants, vacation rentals, or even a hybrid use. With multiple bedrooms and flexible living spaces, it easily accommodates large groups or multiple tenants, maximizing income potential.

Details
Maps
Contract/Address/Legal
List Price/SqFt: 229
Rent/Lease: Yes
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: DTB
Assessor's Book #: 109
Assessor's Map #: 5
Assessor's Parcel #: 90
Legal: FLEURY ADD E PT 57.1X151 .8X76.3' LOT 6 BLK 20 201/421 717/124
General Property Description
Aprx Acres: 0.22
Lot #: -
Lot Size: 9,583
Bedrooms Possible: 7
Buildings: 3
Source of Measuremnt: County Assessor
Stories: 1
Management: Owner
Total Liveable SqFt: 3378
Year Built: 1942
Baths - Full: 3
Tax Info
Taxes: 1702
Tax Year: 2024
Remarks & Misc
Directions: W. Gurley left on S. Summit Ave.
Remarks: Prime Investment Opportunity in Prescott, AZ - 7-Bedroom Rental Property with Tremendous Upside Located in the heart of Prescott, this spacious 7-bedroom property presents a rare and exciting investment opportunity. Whether you're expanding your portfolio or diving into your first income property, this versatile home offers strong rental potential and room for growth. Situated in a highly desirable area known for its charm, community feel, and proximity to downtown, this property is ideal for long-term tenants, vacation rentals, or even a hybrid use. With multiple bedrooms and flexible living spaces, it easily accommodates large groups or multiple tenants, maximizing income potential.
Office/Member Info
Listing Exclusions: No
Building Type
Other - See Remarks: 1
Construction
Frame - Wood: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Evaporative Cooling: 1
External Amenities
Fence: 1
Patio/Deck/Balcony: 1
Separate Storage: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Heating
Forced - Gas: 1
Wall Unit: 1
Owner Pays
All: 1
Records Available
None: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Showing Requirements
Vacant Go Show: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
FHA: 1
VA: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Natural Gas: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Unit 1
Unit ID: 131
# BR: 4
# BA: 3
SqFt: 2324
Unit 1 Parking
Off Street: 1
Unit 1 Info
Ceiling Fan(s): 1
Dishwasher: 1
Laundry Room: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
Unit 2
Unit ID: 135
# BR: 2
# BA: 1
SqFt: 826
Tenant Utilities: cable/internet
Rent $: 1600
Unit 2 Parking
Off Street: 1
Unit 2 Info
Ceiling Fan(s): 1
Dishwasher: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
Storage Room: 1
Unit 3
Unit ID: 137
# BR: 1
# BA: 1
SqFt: 228
Tenant Utilities: cable/internet
Rent $: 975
Unit 3 Parking
Off Street: 1
Unit 3 Info
Ceiling Fan(s): 1
Microwave: 1
Porch/Patio: 1
Refrigerator: 1
Unit 4
Tenant Utilities: cable/internet
Rent $: 1100
ContractAddressLegal
Original List Price: 8250000
Listing Date: 2025-05-23
Status: Active
Listing Price: 774000
Street #: 131
Direction: S
Street Name: Summit
St Suffix: Avenue
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: None
County: Yavapai
Tax Parcel: 109-05-090
Property Features
Building Type: Other - See Remarks
Construction: Frame - Wood; Stucco
Cooling: Ceiling Fan(s); Evaporative Cooling
External Amenities: Fence; Patio/Deck/Balcony; Separate Storage
Flooring: Carpet; Tile; Wood
Heating: Forced - Gas; Wall Unit
Owner Pays: All
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Showing Requirements: Vacant Go Show
Utilities Installed: Cable TV; Electricity; Natural Gas; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Parking: Off Street
Unit 1 Info: Ceiling Fan(s); Dishwasher; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Unit 2 Parking: Off Street
Unit 2 Info: Ceiling Fan(s); Dishwasher; Microwave; Porch/Patio; Range/Oven; Refrigerator; Storage Room
Unit 3 Parking: Off Street
Unit 3 Info: Ceiling Fan(s); Microwave; Porch/Patio; Refrigerator
Supplements
The property boasts solid bones and is ready for your visionthere's significant upside for value-add improvements, whether through cosmetic upgrades or reconfiguration for enhanced functionality and appeal. Don't miss your chance to own a high-potential rental in one of Arizona's most sought-after mountain towns. Schedule a showing today and discover what makes this Prescott gem a smart addition to any investment portfolio.

Listing Office: Above The Best Realty LLC

Last Updated: October - 01 - 2025

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.


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