$639,000
Prescott Valley, AZ 86314
MLS# 1077517
2960 sqft
1 / 55
Property Description
Investor's dream—fully occupied triplex in a rapidly growing Prescott Valley neighborhood offering strong, stable cash flow and excellent long-term appreciation potential. This property features well-maintained units: a spacious upper-level 3BD/2BA Unit #3 rented for $1,695/month (lease through 4/20/26), a 2BD/1BA unit below leased at $1,200/month Unit #2 (through 11/20/25), and a 1BD/1BA unit at $850/month on a flexible month-to-month basis Unit #1. Unit #1 has had a long time tenant and will need undating. Property has been diligently cared for with a new roof installed approximately six years ago, fresh exterior paint four years ago, and interior upgrades including new laminate flooring throughout, updated bathtubs, and interior paint in Units 2 and 3. Ideal for a hands-off investor or an owner-occupant seeking supplemental income, this turn-key opportunity sits in one of Prescott Valley's most sought-after rental corridors with continued demand and upside growth. Financials and cap rate available with accepted offer; showings preferred after offer acceptance to respect tenant privacy.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 216
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: R2-4
Assessor's Book #: 103
Assessor's Map #: 28
Assessor's Parcel #: 44
Legal: Prescott Valley Unit 11 Lot 3259
General Property Description
Aprx Acres: 0.19
Lot #: 3259
Lot Size: 8596
HOA Y/N: No
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 2
Management: Mgmt Company
Total Liveable SqFt: 2960
Year Built: 1973
Baths - Full: 3
Tax Info
Taxes: 1757
Tax Year: 2025
Remarks & Misc
Remarks: Investor's dream—fully occupied triplex in a rapidly growing Prescott Valley neighborhood offering strong, stable cash flow and excellent long-term appreciation potential. This property features well-maintained units: a spacious upper-level 3BD/2BA Unit #3 rented for $1,695/month (lease through 4/20/26), a 2BD/1BA unit below leased at $1,200/month Unit #2 (through 11/20/25), and a 1BD/1BA unit at $850/month on a flexible month-to-month basis Unit #1. Unit #1 has had a long time tenant and will need undating. Property has been diligently cared for with a new roof installed approximately six years ago, fresh exterior paint four years ago, and interior upgrades including new laminate flooring throughout, updated bathtubs, and interior paint in Units 2 and 3. Ideal for a hands-off investor or an owner-occupant seeking supplemental income, this turn-key opportunity sits in one of Prescott Valley's most sought-after rental corridors with continued demand and upside growth. Financials and cap rate available with accepted offer; showings preferred after offer acceptance to respect tenant privacy.
Building Type
Triplex: 1
Construction
Frame - Wood: 1
Cooling
Ceiling Fan(s): 1
Central Refriger: 1
External Amenities
Landscaped: 1
Patio/Deck/Balcony: 1
Flooring
Carpet: 1
Laminate: 1
Heating
Baseboard: 1
Cove: 1
Forced - Gas: 1
Natural Gas: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 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
Utilities Installed
Cable TV: 1
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Electric: 1
Natural Gas: 1
Unit 1
Unit ID: 1
# BR: 1
# BA: 1
SqFt: 650
Tenant Utilities: 50
Rent $: 850
Unit 1 Parking
Off Street: 1
Unit 1 Info
Ceiling Fan(s): 1
Fire/Smoke Detectors: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
Unit 2
Unit ID: 2
# BR: 2
# BA: 1
SqFt: 850
Tenant Utilities: 50
Rent $: 1200
Unit 2 Parking
Off Street: 1
Unit 2 Info
Ceiling Fan(s): 1
Fire/Smoke Detectors: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
Unit 3
Unit ID: 3
# BR: 3
# BA: 2
SqFt: 1500
Tenant Utilities: 50
Rent $: 1695
Unit 3 Parking
Off Street: 1
Unit 3 Info
Ceiling Fan(s): 1
Dishwasher: 1
Fire/Smoke Detectors: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
ContractAddressLegal
Original List Price: 639000
Listing Date: 2025-11-01
Status: Active
Listing Price: 639000
Street #: 8515
Direction: E
Street Name: Leigh
St Suffix: Drive
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Subdivision: Prescott Valley 11
County: Yavapai
Tax Parcel: 103-28-044
Property Features
Building Type: Triplex
Construction: Frame - Wood
Cooling: Ceiling Fan(s); Central Refriger
External Amenities: Landscaped; Patio/Deck/Balcony
Flooring: Carpet; Laminate
Heating: Baseboard; Cove; Forced - Gas; Natural Gas
Owner Pays: Trash; Water
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Electric; Natural Gas
Unit 1 Parking: Off Street
Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator
Unit 2 Parking: Off Street
Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Unit 3 Parking: Off Street
Unit 3 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: November - 01 - 2025
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