539 Lincoln Avenue, Prescott, AZ 86301 (MLS# 1080328)


$715,000
539 Lincoln Avenue
Prescott, AZ 86301
MLS# 1080328
1392 sqft

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Unit B
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Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Kitchen-View Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit B Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C Unit C 35-Additional Backyard 36-Backyard 37-Storage 38-Aerial View Front 39-Aerial View N 40-Aerial View NE 41-Aerial View SW 42-Aerial View S 43-Aerial View SE 44-Aerial View Overview Dimensions are estimates only Dimensions are estimates only

Property Description
DO NOT DISTURB TENANTS Located within walking distance to downtown Prescott, this highly successful Superhost Airbnb duplex zoned multi family offers a rare opportunity to own both a prime location plus an established income-producing property. Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems, artificial turf, and fencing and so much more. See 'Feature Sheet' in documents tab. Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fenced yard. The oversized lot also offers room for a future garage or additional improvements, adding even more long-term value. There is even a tuff shed for storage in the back. The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental. An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. All showings must be confirmed by listing agent Peggy Ahern as this is an active Short-Term Rental. For your showing connivence, we have made the property available for showings 3/17/26 starting at 10:30 through 3/20/26 ending at 2 p.m.

Details
Maps
Contract/Address/Legal
On-Market Date: 2026-03-16
List Price/SqFt: 514
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: MF
Assessor's Book #: 113
Assessor's Map #: 8
Assessor's Parcel #: 112
Legal: HOME ACRE TR LESS N 50' OF LOT 20 AP48
General Property Description
Aprx Acres: 0.29
Lot #: 20
Bedrooms Possible: 2
HOA Y/N: No
Buildings: 2
Source of Measuremnt: County Assessor
Stories: 1
Management: Owner
Solar Y/N: No
More than 5 Units: No
Total Liveable SqFt: 1392
Year Built: 1928
NOI $: 68375
Cap %: 9.5
Baths - Full: 2
Tax Info
Taxes: 1057
Asmts Freq: Annual
Tax Year: 2025
Remarks & Misc
Directions: From Downtown Prescott, Grove Avenue South. Right on Lincoln. There is no sign.
Remarks: DO NOT DISTURB TENANTS Located within walking distance to downtown Prescott, this highly successful Superhost Airbnb duplex zoned multi family offers a rare opportunity to own both a prime location plus an established income-producing property. Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems, artificial turf, and fencing and so much more. See 'Feature Sheet' in documents tab. Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fenced yard. The oversized lot also offers room for a future garage or additional improvements, adding even more long-term value. There is even a tuff shed for storage in the back. The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental. An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. All showings must be confirmed by listing agent Peggy Ahern as this is an active Short-Term Rental. For your showing connivence, we have made the property available for showings 3/17/26 starting at 10:30 through 3/20/26 ending at 2 p.m.
Office/Member Info
Listing Exclusions: No
Building Type
Duplex: 1
Other - See Remarks: 1
Construction
Frame - Wood: 1
Stone: 1
Cooling
Mini-Split: 1
Zoned: 1
External Amenities
Fence: 1
Landscaped: 1
Flooring
Vinyl: 1
See Remarks: 1
Heating
Electric: 1
Wall Unit: 1
Other: 1
See Remarks: 1
Owner Pays
Electric: 1
Gas/Propane: 1
Sewer: 1
Trash: 1
Water: 1
Other - See Remarks: 1
Records Available
None: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Sold Furnished: 1
Other - See Remarks: 1
Utilities Installed
220: 1
Electricity: 1
Natural Gas: 1
Underground: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Electric: 1
Natural Gas: 1
Unit 1
Unit ID: 539 Lincoln Unit B
# BR: 2
# BA: 1
SqFt: 928
Furniture: 1
Unit 1 Parking
3+ Car: 1
Off Street: 1
RV Pad: 1
Other - See Remarks: 1
Unit 1 Info
Den/Family Room: 1
Dishwasher: 1
Disposal: 1
Fire/Smoke Detectors: 1
Fireplace: 1
Laundry Room: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
Storage Room: 1
W/D Connection: 1
Other - See Remarks: 1
Unit 2
Unit ID: 539 Lincoln Unit C
# BR: 1
# BA: 1
SqFt: 464
Furniture: 1
Unit 2 Parking
3+ Car: 1
Other - See Remarks: 1
Unit 2 Info
Den/Family Room: 1
Fire/Smoke Detectors: 1
Microwave: 1
Refrigerator: 1
Other - See Remarks: 1
ContractAddressLegal
Original List Price: 715000
Listing Date: 2026-03-15
Status: Active
Listing Price: 715000
Street #: 539
Street Name: Lincoln
St Suffix: Avenue
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Home Acre Tract
County: Yavapai
Tax Parcel: 113-08-112
Property Features
Building Type: Duplex; Other - See Remarks
Construction: Frame - Wood; Stone
Cooling: Mini-Split; Zoned
External Amenities: Fence; Landscaped
Flooring: Vinyl; See Remarks
Heating: Electric; Wall Unit; Other; See Remarks
Owner Pays: Electric; Gas/Propane; Trash; Water; Other - See Remarks
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: 220; Electricity; Natural Gas; Underground; Water - City; WWT - City Sewer
Water Heater: Electric; Natural Gas
Unit 1: Furniture
Unit 1 Parking: 3+ Car; Off Street; RV Pad; Other - See Remarks
Unit 1 Info: Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; Storage Room; W/D Connection; Other - See Remarks
Unit 2: Furniture
Unit 2 Parking: 3+ Car; Other - See Remarks
Unit 2 Info: Den/Family Room; Fire/Smoke Detectors; Microwave; Refrigerator; Other - See Remarks

Listing Office: Realty ONE Group Mountain Desert

Last Updated: March - 16 - 2026

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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