705 Ruth Street, Prescott, AZ 86301 (MLS# 1083612)

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Property Description
RARE PRESCOTT FOUR-RESIDENCE PORTFOLIO -- FOUR INDEPENDENT HOMES, TWO ADJACENT PARCELS, ONE $1,275,000 PURCHASE. Consider what it would cost to acquire four separate residences in Prescott individually -- then compare that to the opportunity here. This unique Ruth Street portfolio delivers four distinct living units in one package, each with the privacy, function and independence buyers and tenants actually want. The property includes the Yellow House and detached Yellow Cottage at 703 Ruth Street, plus the newly built Green House and Green Cottage at 705 Ruth Street. The two cottages are not typical studios, guest quarters or kitchenette-style units. Each functions much more like a true one-bedroom home with a separate bedroom, full kitchen, full-size appliances, in-unit laundry, private entrance, private outdoor space and private dedicated parking. Both cottages have rental history of approximately $1,700 per month each. The Yellow House and Yellow Cottage are believed to date to circa 1912 and offer classic Prescott character, vintage details, garden areas and inviting outdoor spaces. The Green House, built in 2025, blends modern construction with a timeless cottage/bungalow feel, featuring warm living spaces, arched openings, designer lighting, updated kitchen finishes and thoughtful vintage-inspired style. Together, the two parcels offer approximately 3,248 sq. ft. of combined improvements, four separate residences, city utilities, no HOA and multiple parking areas. The configuration creates exceptional flexibility for investors, multi-generational living, owner occupants, furnished rentals, long-term rentals, or a long-term Prescott hold. Four independent residences on two adjacent Prescott parcels at this price point are difficult to duplicate. Offered together as one portfolio only. Buyer to verify zoning, permitted uses, leases, rental history, square footage and any redevelopment or expansion potential.

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