$450,000
Prescott, AZ 86303
MLS# 1076736
1 beds | 2 baths | 798 sqft
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Property Description
Incredible investment opportunity just one block from Prescott's iconic Mt. Vernon St! This property features City-approved concept plans for a high-density multi-family development—ideal for college rentals or short-term stays like VRBO. Just a short walk to Downtown Prescott, the existing 1954 Sears Robuck catalog - 1 Bedroom 1.5 Bath home allows for immediate rental income while you develop the remaining potential. Plans include a fourplex and a 2-story detached garage, using only 28% of the allowed 50% lot coverage. Enjoy mature trees, native landscaping, and beautiful views of Thumb Butte in a quiet, convenient location close to schools, work, and the Prescott Courthouse Square. Build using the pre-approved concept or bring your own vision. Buyer to verify their own permitting requirements. Seller requires a drive-by prior to scheduling a showing and listing agent must accompany—this is one you must see to appreciate the possibilities!
Details
Maps
Contract/Address/Legal
List Price/SqFt: 564
Residential Type: Site Built Single Family
Land Lease: No
Residential Status: Existing
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: MF-H
Lot #: 18
Lot Size: 11215
Assessor's Book #: 110
Assessor's Map #: 3
Assessor's Parcel #: 18
Legal: LOT 18; N2 OF LOT 20; TRACT LOT BASHFORD TRACT BOOK 2 PAGE 3
General Property Description
Aprx Acres: 0.26
HOA Y/N: No
Split Bedroom Plan: No
Buildings: 3
Stories: 1
Aprx SqFt: 798
Source of Measurement: County Assessor
Garage Attached: 0
Garage Detached: 0
Carport Attached: 0
Carport Detached: 4
Total Parking: 4
Home Warranty: None
Age Restrictions Y/N: No
Bedrooms: 1
Baths - Full: 1
Baths - 1/2: 1
Total Bathrooms: 2
Year Built: 1954
Total Liveable SqFt: 798
Builder Name: Sears and Robuck
Tax Info
Taxes: 597
Tax Year: 2022
Remarks & Misc
Directions: From Route 69 take Gurley Street West towards downtown. Left on South Pleasant Street past Carlton Street to property on the left/East side. No Real Estate Sign or lockbox on property, Seller will be there for all showings.
Remarks: Incredible investment opportunity just one block from Prescott's iconic Mt. Vernon St! This property features City-approved concept plans for a high-density multi-family development—ideal for college rentals or short-term stays like VRBO. Just a short walk to Downtown Prescott, the existing 1954 Sears Robuck catalog - 1 Bedroom 1.5 Bath home allows for immediate rental income while you develop the remaining potential. Plans include a fourplex and a 2-story detached garage, using only 28% of the allowed 50% lot coverage. Enjoy mature trees, native landscaping, and beautiful views of Thumb Butte in a quiet, convenient location close to schools, work, and the Prescott Courthouse Square. Build using the pre-approved concept or bring your own vision. Buyer to verify their own permitting requirements. Seller requires a drive-by prior to scheduling a showing and listing agent must accompany—this is one you must see to appreciate the possibilities!
Construction
Frame - Wood: 1
Stone: 1
Other - See Remarks: 1
Cooling
Ceiling Fan(s): 1
Room Refrigeration: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Natural Gas: 1
Radiant: 1
Wall Unit: 1
Possession
Other: 1
Records Available
Other - See Remarks: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Style
Cottage: 1
Road Responsibility
City Maintained Road: 1
Roof
Metal: 1
Interior Features
Ceiling Fan(s): 1
Laminate Counters: 1
Liv/Din Combo: 1
Master On Main: 1
Security System: 1
Wash/Dry Connection: 1
Other: 1
See Remarks: 1
Terms & Conditions
Conventional: 1
Owner Will Carry: 1
Other - See Remarks: 1
Exterior Features
Driveway-Concrete: 1
Driveway-Gravel: 1
Fence - Backyard: 1
Native Species: 1
Patio - Open: 1
Porch - Covered: 1
Shed: 1
Storm Gutters: 1
Other: 1
See Remarks: 1
Utilities Installed
220: 1
Electricity: 1
Individual Meter: 1
Natural Gas: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Other - See Remarks: 1
Appliances
Convection Oven: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Range: 1
Microwave: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Other: 1
See Remarks: 1
Topo/Location
Other Trees: 1
Sloped - Gentle: 1
Views: 1
Other - See Remarks: 1
Green Energy Efficient
Water Heater: 1
Foundation/Basement
Bsmt - Crawl: 1
Bsmt - Dirt Floor: 1
Bsmt - Outside Acc: 1
Found - Other: Stone
Window/Coverings
Double Pane Windows: 1
Horizontal Blinds: 1
Screens: 1
Single Pane: 1
Views
Granite Mountain: 1
Thumb Butte: 1
Other: 1
See Remarks: 1
Pets/Animals
Domestics: 1
Other Rooms
Laundry Room: 1
Other - See Remarks: 1
RV/Garage/Park
Off Street: 1
Parking Pad: 1
Other: 1
See Remarks: 1
Subdivision Features
None: 1
ContractAddressLegal
Original List Price: 450000
Listing Date: 2025-09-26
Status: Active
Listing Price: 450000
Street #: 337
Direction: S
Street Name: Pleasant
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Subdivision: Bashford Tract
Tax Parcel: 110-03-018
Property Features
Style: Cottage
Construction: Frame - Wood; Stone; Other - See Remarks
Interior Features: Ceiling Fan(s); Laminate Counters; Liv/Din Combo; Master On Main; Security System; Wash/Dry Connection; Other; See Remarks
Exterior Features: Driveway-Concrete; Driveway-Gravel; Fence - Backyard; Native Species; Patio - Open; Porch - Covered; Shed; Storm Gutters; Other; See Remarks
Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Gas Range; Microwave; Oven; Range; Refrigerator; Washer; Other; See Remarks
Heating: Natural Gas; Radiant; Wall Unit
Cooling: Ceiling Fan(s); Room Refrigeration
Green Energy Efficient: Water Heater
Flooring: Carpet; Vinyl
Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer
Roof: Metal
Views: Granite Mountain; Thumb Butte; Other; See Remarks
Water Heater: Natural Gas; Other - See Remarks
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Other Rooms: Laundry Room; Other - See Remarks
Records Available: Other - See Remarks
Subdivision Features: None
Possession: Other
Listing Office: Code of the West Realty
Last Updated: October - 17 - 2025
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