$1,325,000
Prescott, AZ 86303
MLS# 1080731
3583 sqft
1 / 39
Property Description
One of a kind income property in beautiful downtown Prescott, just a stroll to the Historic Courthouse Square. Property listed on the Historic Register, original build being 1919, the 3rd unit being added in the 2002, but in-keeping with the flair of the original charming structure. Updated throughout, including plumbing & electrical. Operating as a successful medium term rental business (94% of occupancy in 2025 was 1-6 months leases) with financial reports showing consistent figures, available to qualified serious buyers. Three units total; The Cottage - 1400 sq ft, 2 bed/2 bath, single level with large, private courtyard for outside living. The Townhouse: 1100 sq ft, 2 bed/I.5 bath, 2 levels w personal yard space. The Terrace: 1100 sq ft, 2 bed/1 bath, upper unit with cozy, north facing deck. All units fully furnished & equipped and have individual laundry facilities and climate control systems. Potential for owner occupancy and rent other two units. Each unit has their own character & personality, not to mention LOCATION LOCATION LOCATION. Paved parking in front on Union St, and additional street parking on Pleasant. Owner will carry with substantial down payment, inquire for additional terms. ALL UNITS CURRENTLY OCCUPIED. PLEASE respect tenants rights, do not disturb! In person showings only with accepted offer.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 370
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: MF-H
Assessor's Book #: 109
Assessor's Map #: 1
Assessor's Parcel #: 41
Legal: PRESCOTT N 59' LOT 13 AP4; N 59' LOT 15 AP6; N 59' LOT 17AP8; N 5 9' LOT 19 AP10; ALL IN BLK 17
General Property Description
Aprx Acres: 0.13
Lot #: 13
Lot Size: 5,663
HOA Y/N: No
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 2
Management: Owner
Vac Rate %: 5
CAM $: 0
Solar Y/N: No
More than 5 Units: No
Total Liveable SqFt: 3583
Year Built: 1919
NOI $: 87000
Cap %: 6.5
Baths - Full: 3
Tax Info
Taxes: 2276
Tax Year: 2025
Remarks & Misc
Directions: Gurley St, South on Pleasant, West on Union. Property on corner of Pleasant & Union.
Remarks: One of a kind income property in beautiful downtown Prescott, just a stroll to the Historic Courthouse Square. Property listed on the Historic Register, original build being 1919, the 3rd unit being added in the 2002, but in-keeping with the flair of the original charming structure. Updated throughout, including plumbing & electrical. Operating as a successful medium term rental business (94% of occupancy in 2025 was 1-6 months leases) with financial reports showing consistent figures, available to qualified serious buyers. Three units total; The Cottage - 1400 sq ft, 2 bed/2 bath, single level with large, private courtyard for outside living. The Townhouse: 1100 sq ft, 2 bed/I.5 bath, 2 levels w personal yard space. The Terrace: 1100 sq ft, 2 bed/1 bath, upper unit with cozy, north facing deck. All units fully furnished & equipped and have individual laundry facilities and climate control systems. Potential for owner occupancy and rent other two units. Each unit has their own character & personality, not to mention LOCATION LOCATION LOCATION. Paved parking in front on Union St, and additional street parking on Pleasant. Owner will carry with substantial down payment, inquire for additional terms. ALL UNITS CURRENTLY OCCUPIED. PLEASE respect tenants rights, do not disturb! In person showings only with accepted offer.
Office/Member Info
Listing Exclusions: No
Building Type
Other - See Remarks: 1
Triplex: 1
Construction
Brick: 1
Frame - Wood: 1
Stucco: 1
Cooling
Ceiling Fan(s): 1
Central Refriger: 1
Mini-Split: 1
See Remarks: 1
External Amenities
Fence: 1
Landscaped: 1
Laundry Facilities: 1
Patio/Deck/Balcony: 1
Separate Storage: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Wood: 1
Heating
Electric: 1
Forced - Gas: 1
Natural Gas: 1
See Remarks: 1
Owner Pays
All: 1
Records Available
Other - See Remarks: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Free and Clear: 1
Sold Furnished: 1
Submit: 1
Other - See Remarks: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Individual Meter: 1
Natural Gas: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Two or More: 1
Unit 1
Unit ID: Townhouse
# BR: 2
# BA: 1.5
SqFt: 1100
Furniture: 1
Tenant Utilities: N/A
Unit 1 Parking
3+ Car: 1
Off Street: 1
Other - See Remarks: 1
Unit 1 Info
Ceiling Fan(s): 1
Den/Family Room: 1
Dishwasher: 1
Fire/Smoke Detectors: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
Unit 2
Unit ID: Terrace
# BR: 2
# BA: 1
SqFt: 1100
Furniture: 1
Tenant Utilities: N/A
Unit 2 Parking
3+ Car: 1
Off Street: 1
Other - See Remarks: 1
Unit 2 Info
Ceiling Fan(s): 1
Den/Family Room: 1
Dishwasher: 1
Fire/Smoke Detectors: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
Other - See Remarks: 1
Unit 3
Unit ID: Cottage
# BR: 2
# BA: 1.5
SqFt: 1400
Furniture: 1
Unit 3 Parking
3+ Car: 1
Off Street: 1
Other - See Remarks: 1
Unit 3 Info
Ceiling Fan(s): 1
Den/Family Room: 1
Dishwasher: 1
Fire/Smoke Detectors: 1
Fireplace: 1
Laundry Room: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
ContractAddressLegal
Original List Price: 1325000
Listing Date: 2026-03-30
Status: Active
Listing Price: 1325000
Street #: 325
Direction: E
Street Name: Union
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: Prescott Original Township
County: Yavapai
Tax Parcel: 109-01-041
Property Features
Building Type: Other - See Remarks; Triplex
Construction: Brick; Frame - Wood; Stucco
Cooling: Ceiling Fan(s); Central Refriger; Mini-Split; See Remarks
External Amenities: Fence; Landscaped; Laundry Facilities; Patio/Deck/Balcony; Separate Storage
Flooring: Carpet; Tile; Vinyl; Wood
Heating: Electric; Forced - Gas; Natural Gas; See Remarks
Owner Pays: All
Records Available: Other - See Remarks
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: Cable TV; Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer
Water Heater: Natural Gas; Two or More
Unit 1: Furniture
Unit 1 Parking: 3+ Car; Off Street; Other - See Remarks
Unit 1 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Unit 2: Furniture
Unit 2 Parking: 3+ Car; Off Street; Other - See Remarks
Unit 2 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Unit 3: Furniture
Unit 3 Parking: 3+ Car; Off Street; Other - See Remarks
Unit 3 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: RE/MAX Mountain Properties
Last Updated: March - 30 - 2026
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