$1,350,000
Prescott, AZ 86301
MLS# 1075746
4563 sqft
1 / 6
Property Description
Rare Downtown Prescott Apartment Opportunity - Fully Remodeled 8-Unit Building Now 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.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 296
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: DBT
Assessor's Book #: 113
Assessor's Map #: 16
Assessor's Parcel #: 67
Legal: PRESCOTT E 52.8' LOT 1 BLK 10 AP1
General Property Description
Aprx Acres: 0.06
Lot #: 1
Lot Size: 2,614
HOA Y/N: No
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 3
Management: Mgmt Company
Gross Vol/Yr $: 132251
Vac Rate %: 5
More than 5 Units: Yes
Total Liveable SqFt: 4563
Year Built: 1967
NOI $: 101958
Cap %: 6.18
Baths - Full: 8
Tax Info
Taxes: 2297
Assessments $: 0
Tax Year: 2024
Remarks & Misc
Directions: From downtown Prescott head east on gurley st. Turn Left on Alacron and go 1 block to Willis St. This two story apartment complex is located on the South West Corner of E. Willis St and Alarcon.
Remarks: Rare Downtown Prescott Apartment Opportunity - Fully Remodeled 8-Unit Building
Now 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.
Office/Member Info
Listing Exclusions: No
Building Type
5+ Units: 1
Residential+: 1
Construction
Brick: 1
Cooling
Ceiling Fan(s): 1
Room Refrigeration: 1
External Amenities
Laundry Facilities: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Natural Gas: 1
Other: 1
See Remarks: 1
Owner Pays
Other - See Remarks: 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
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Utilities Installed
220: 1
Cable TV: 1
Natural Gas: 1
Water Heater
Central Boiler: 1
Natural Gas: 1
Unit 1 Parking
1 Car: 1
Unit 1 Info
Ceiling Fan(s): 1
ContractAddressLegal
Original List Price: 1650000
Listing Date: 2025-08-15
Status: Active
Listing Price: 1350000
Street #: 223
Direction: E
Street Name: Willis
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Prescott Original Township
County: Yavapai
Tax Parcel: 113-16-067
Property Features
Building Type: 5+ Units; Residential+
Construction: Brick
Cooling: Ceiling Fan(s); Room Refrigeration
External Amenities: Laundry Facilities
Flooring: Carpet; Vinyl
Heating: Natural Gas; Other; See Remarks
Owner Pays: Other - See Remarks
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: 220; Cable TV; Natural Gas
Water Heater: Central Boiler; Natural Gas
Unit 1 Parking: 1 Car
Unit 1 Info: Ceiling Fan(s)
Listing Office: Delex 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.