$749,900
MLS# 1085181
1930 sqft
1 / 40
Property Description
This is more than a duplex--it's an opportunity to build your real estate portfolio in the heart of Prescott, Arizona. Located just 3.5 blocks from Historic Downtown Prescott, Courthouse Square and Whiskey Row, this property sits on a double lot with the ability to have up to 8 units, offering significant potential for future development and additional income streams. The existing property can function as a duplex or a 5-bedroom, 3-bath single-family residence, giving investors multiple strategies from day one. Use it as a long-term rental, furnished rental, house-hack opportunity, or explore Airbnb/VRBO potential while planning additional units on the property. Its proximity to Downtown Prescott makes it especially attractive for tenants and visitors seeking convenient access to restaurants, shopping, entertainment and year-round events. Not just for investors, the flexible layout also creates an excellent multigenerational living opportunity, allowing adult children, extended family, or aging parents to enjoy separate living spaces while remaining under one roof. Whether you're searching for a Prescott investment property, duplex for sale, multifamily property, short-term rental opportunity, development property, income-producing real estate, or a property with room to add additional units, this one offers multiple paths to unlock its potential. Double lot. Ability to have up to 8 units. Only 3.5 blocks from Downtown Prescott. Multiple income possibilities. One property with serious potential. Buyer to verify zoning, unit count, short-term rental eligibility, approvals and development requirements with the City of Prescott.
Details
Documents
Contract/Address/Legal
List Price/SqFt: 389
Rent/Lease: No
REO/Short Sale: Not Applicable
Zoning: MF-H
Assessor's Book #: 109
Assessor's Map #: 4
Assessor's Parcel #: 46
Legal: PRESCOTT LOTS 11 13 BLK 29
General Property Description
Aprx Acres: 0.34
Lot #: 11
Lot Size: 14,810
Source of Measuremnt: County Assessor
Management: Owner
Solar Y/N: No
More than 5 Units: No
Total Liveable SqFt: 1930
Year Built: 1974
Baths - Full: 2
Tax Info
Taxes: 1366
Tax Year: 2025
Remarks & Misc
Directions: AZ-89 S - Continue onto E Gurley St - Turn left onto S Pleasant St - Destination will be on the right
Remarks: This is more than a duplex--it's an opportunity to build your real estate portfolio in the heart of Prescott, Arizona. Located just 3.5 blocks from Historic Downtown Prescott, Courthouse Square and Whiskey Row, this property sits on a double lot with the ability to have up to 8 units, offering significant potential for future development and additional income streams.
The existing property can function as a duplex or a 5-bedroom, 3-bath single-family residence, giving investors multiple strategies from day one. Use it as a long-term rental, furnished rental, house-hack opportunity, or explore Airbnb/VRBO potential while planning additional units on the property. Its proximity to Downtown Prescott makes it especially attractive for tenants and visitors seeking convenient access to restaurants, shopping, entertainment and year-round events.
Not just for investors, the flexible layout also creates an excellent multigenerational living opportunity, allowing adult children, extended family, or aging parents to enjoy separate living spaces while remaining under one roof.
Whether you're searching for a Prescott investment property, duplex for sale, multifamily property, short-term rental opportunity, development property, income-producing real estate, or a property with room to add additional units, this one offers multiple paths to unlock its potential.
Double lot. Ability to have up to 8 units. Only 3.5 blocks from Downtown Prescott. Multiple income possibilities. One property with serious potential.
Buyer to verify zoning, unit count, short-term rental eligibility, approvals and development requirements with the City of Prescott.
Office/Member Info
Listing Exclusions: No
Building Type
Duplex: 1
Other - See Remarks: 1
Construction
Block: 1
Frame - Wood: 1
Stucco: 1
Cooling
Central Refriger: 1
External Amenities
Fence: 1
Landscaped: 1
Patio/Deck/Balcony: 1
Separate Storage: 1
Flooring
Carpet: 1
Tile: 1
Heating
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
FHA: 1
VA: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Unit 1
Unit ID: A
# BR: 3
# BA: 2
SqFt: 1290
Unit 1 Parking
2 Car: 1
Unit 1 Info
Den/Family Room: 1
Dishwasher: 1
Disposal: 1
Laundry Room: 1
Porch/Patio: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
Unit 2
Unit ID: B
# BR: 2
# BA: 1
SqFt: 640
Unit 2 Parking
2 Car: 1
Unit 2 Info
Den/Family Room: 1
Dishwasher: 1
Disposal: 1
Laundry Room: 1
Range/Oven: 1
Refrigerator: 1
W/D Connection: 1
ContractAddressLegal
Original List Price: 749900
Listing Date: 2026-09-18
Status: Active
Listing Price: 749900
City/Township: Prescott
State: AZ
Zip Code: 86303
Property Features
Building Type: Duplex; Other - See Remarks
Construction: Block; Frame - Wood; Stucco
Cooling: Central Refriger
External Amenities: Fence; Landscaped; Patio/Deck/Balcony; Separate Storage
Flooring: Carpet; Tile
Heating: 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: Natural Gas
Unit 1 Parking: 2 Car
Unit 1 Info: Den/Family Room; Dishwasher; Disposal; Laundry Room; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Unit 2 Parking: 2 Car
Unit 2 Info: Den/Family Room; Dishwasher; Disposal; Laundry Room; Range/Oven; Refrigerator; W/D Connection
Lead-Based Paint 
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 18 - 2026
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