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    223 E Willis St Prescott, AZ 86301

    For Sale
    $1,350,000

    MULTI_FAMILY - Prescott, AZ

    Lot size:
    0.06 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 223 E Willis St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DBT
    APN
    1
    Exterior features
    Laundry Facilities
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1967
    Floors in Building
    3
    Number of units
    8
    Flooring type
    Vinyl, Carpet
    Building materials
    Brick
    Roof type
    Asphalt

    Delex Realty, LLC 003

    Listing agent Michael A Aldridge (602) 762-4830

    Listing date Oct 1, 2025

    Copyright © 2025 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Downtown Prescott Apartment Building

    This eight-unit residential apartment building is located in downtown Prescott, just three blocks from the historic Courthouse Square, restaurants, and shops. Each apartment has been remodeled with updated flooring, modern kitchenette spaces, and upgraded windows. The property also includes a remodeled basement apartment. Residents have access to an on-site coin-operated laundry facility with new machines, including two washers and two dryers. The lot size is 0.06 acres. The zoning is DBT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.466121
    Latitude
    34.543565

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    FAQs

    What type of property is this?
    Apartment building - Fully remodeled 8-unit apartment building near Courthouse Square.
    Where is this apartment building located?
    The property is located at 223 E Willis St Prescott, AZ.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Prime downtown Prescott location, just 3 blocks from Courthouse Square, restaurants, and shops.; - **Fully remodeled building featuring 8 units with updated flooring, modern kitchenettes, and upgraded windows.**; - Includes a fully remodeled basement apartment for added versatility.
    (602) 762-4830
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    223 E Willis St Prescott, AZ 86301
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    Prescott, AZ 86301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    223 E Willis St Prescott, AZ 86301
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