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Prescott, AZ Apartment Buildings for Sale

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Historic 17-Unit Apartment Building
Updated: Jun 3
Historic 17-Unit Apartment Building

320 S Cortez Street, Prescott, AZ 86303

$3,286,000
0.34 AC lot
17‑unit apartment building at 320 S. Cortez St., Prescott, AZ (86303) on a 0.34‑acre lot
Unit mix includes 7 studios and 10 one‑bedroom apartments
Approx. 10,000 SF interior livable area with multiple bedrooms and bathrooms across the 17 units
On‑site, coin‑operated laundry facilities plus a gated lower‑level entrance with private parking
Brick‑and‑concrete construction with asphalt shingle roof; some units retain original hardwood flooring
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Downtown 5-Unit Multifamily Building
Updated: Mar 9
Downtown 5-Unit Multifamily Building

622 Western Avenue, Prescott, AZ 86305

$999,000
0.17 AC lot
5‑unit multifamily in Prescott built in 1930
Unit mix: three 2BD/1BA units, one 1BD/1BA unit, and one studio
Currently fully occupied with total annual gross income of $86,160
All units are individually metered for gas and electric
Tenants are month‑to‑month, offering flexibility for new ownership
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Historic Furnished Apartment Building
Historic Furnished Apartment Building

105 S Alarcon Street, Prescott, AZ 86303

$2,195,000
0.19 AC lot

Ten fully furnished units—seven suites and three studios—within a historic, renovated apartment building.

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Historic 17-Unit Apartment Building
Historic 17-Unit Apartment Building

320 S Cortez Street, Prescott, AZ 86303

$3,286,000
10,000 sqft 0.34 AC lot

Brick-and-concrete building with 17 units, on-site coin laundry, and gated lower-level parking for residents.

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Fully Leased Multifamily Portfolio
Fully Leased Multifamily Portfolio

214 N Arizona Avenue, Prescott, AZ 86301

$3,750,000
0.64 AC lot

12-unit multifamily portfolio with an office, fully leased under a modified NNN structure with operating expenses and taxes handled by the tenant.

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Luxury Apartments in Prescott, Arizona
Luxury Apartments in Prescott, Arizona

1257 White Spar Rd, Prescott, AZ 86303

$14,500,000
63,808 sqft 3.18 AC lot

Boutique multifamily community with modern finishes and tranquil environment.

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Multifamily Property Near Downtown
Multifamily Property Near Downtown

425 S Alarcon Street, Prescott, AZ 86303

$1,095,000
3,120 sqft

Well-maintained multifamily property with recent upgrades and ample parking.

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Prescott Multifamily Investment Opportunity
Prescott Multifamily Investment Opportunity

622 Western Avenue, Prescott, AZ 86305

$1,100,000

Fully occupied 5-unit property in Prescott with strong income.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 8 Active listings in Prescott, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

22-Unit Apartment Building
22-Unit Apartment Building

2100 E Route 66, Flagstaff, AZ 86004

$2,900,000
6,659 sqft

Property includes 19 studio units and 3 larger units, with roughly 75% currently occupied and requiring modernization.

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Remodeled Multifamily Investment Opportunity
Remodeled Multifamily Investment Opportunity

2010 E Rte 66, Flagstaff, AZ 86004

$3,695,000
12,864 sqft 0.90 AC lot

19-unit property on 0.89 acres in Flagstaff, Arizona.

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Northwest Valley Investment Property
Northwest Valley Investment Property

14001 North Primrose Street, El Mirage, AZ 85335

$5,850,000
14,341 sqft

Mid-sized, single-level, stabilized investment property in Northwest Valley.

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Renovated Multifamily Property with Yards
Renovated Multifamily Property with Yards

13913 N Primrose St, El Mirage, AZ 85355

$5,850,000

32-unit multifamily property renovated in 2022, featuring private yards.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing
0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

View details

Off-Market Properties in Prescott, AZ

Consider similar Off-Market properties in Prescott, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

575 Campbell St
Multifamily properties

575 Campbell St, Prescott, AZ 86301

Value Estimation by Request
8,460 sqft 0.60 AC lot
View details
843 Sunset Ave
Multifamily properties

843 Sunset Ave, Prescott, AZ 86305

Value Estimation by Request
5,544 sqft 0.30 AC lot
View details
849 Sunset Ave
Multifamily properties

849 Sunset Ave, Prescott, AZ 86305

Value Estimation by Request
13,288 sqft 0.48 AC lot
View details
569 Campbell St
Multifamily properties

569 Campbell St, Prescott, AZ 86301

Value Estimation by Request
2,820 sqft 0.26 AC lot
View details
3240 Az-89
Multifamily properties

3240 Az-89, Prescott, AZ 86301

Value Estimation by Request
16.50 AC lot
View details
525 Gurley St
Multifamily properties

525 Gurley St, Prescott, AZ 86303

Value Estimation by Request
7,736 sqft
View details

Prescott, AZ Apartment Buildings Market Trends and Statistics

Explore 14 apartment buildings for sale in Prescott, AZ, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 76,928 square feet of properties for sale, with an estimated market value of $18,881,000.

Sale prices for two-family homes in Prescott, AZ start at $1,095,000, averaging $6,293,666, and reaching up to $14,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 65K
Population Growth (5Y) +11.7%
Median Household Income $73,005
College Educated 30.9%

High-Yield Neighborhoods for Investment

Identify Prescott submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
86305 $1M
86301 $3.8M
86303 $5.6M

Taxes & Financing

Tax Rate (average for all types) 3.01%
Property Tax per SF $50.53 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Yavapai County

New Delisted

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