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Three-Unit Residential Income Property

324 N Mount Vernon Avenue Prescott, AZ 86301

324 N Mount Vernon Avenue, Prescott, AZ, 86301
$999,900
For Sale
$999,900

MULTI_FAMILY - Prescott, AZ

Lot Size0.17 Acres
Days on Market154

Property Features for 324 N Mount Vernon Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-H
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Exterior features
Fence
Fencing
Fenced
Standard status
Active
APN
15
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 15 BLOCK 3 MOELLER ADD BOOK 2 PAGE 15
Tax Annual Amount
1304

Utilities

Utilities
Cable Available
Heating system
Natural Gas
Cooling system
Ductless, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1939
Floors in Building
1
Number of units
3
Flooring type
Vinyl, Tile
Building materials
Brick, Frame
Roof type
Asphalt
Listing Agency Keller Williams Arizona Realty
503 E. Gurley St, AZ
Listed by Chris Marciano · License #SA571904000
Added: Feb 13 Checked: Jul 17 at 4:06 am
MLS# 1079541 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This three-unit residential property is set up to generate rental income from three separate homes. The front unit (Unit A) features two bedrooms and two bathrooms. The side unit (Unit B) is fully remodeled and offers one bedroom and one bathroom. The rear unit (Unit C) is a one-bedroom home built in 1939 with 518 square feet, and it is also tenant occupied.

Located at 324 N Mount Vernon Avenue in Prescott, the property sits on a 0.17-acre lot. The asset is zoned MF-H, supporting multifamily residential use. The listing notes that all units are currently rented.

For buyers seeking a small multifamily setup, this layout provides a practical tenant mix across one- and two-bedroom configurations within a compact building footprint. With three distinct units already under tenancy, the property may appeal to owner-operators or investors looking for straightforward residential income without requiring immediate lease-up based on the information provided.

Key Highlights

  • 3‑unit property with Unit A (2 bed/2 bath), Unit B (1 bed/1 bath), and Unit C (1 bed/1 bath, 518 SF)
  • Unit B is rented at $1,200/month; Unit C is tenant occupied and rented at $2,000/month
  • Built in 1939 with brick and frame construction and an asphalt roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Florist Supermarket

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

FAQs

What type of property is this?
Triplex - Three tenant-occupied units offer a mix of layouts under MF-H zoning.
Where is this triplex located?
The property is located at 324 N Mount Vernon Avenue Prescott, AZ.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 3‑unit property with Unit A (2 bed/2 bath), Unit B (1 bed/1 bath), and Unit C (1 bed/1 bath, 518 SF); Unit B is rented at $1,200/month; Unit C is tenant occupied and rented at $2,000/month; Built in 1939 with brick and frame construction and an asphalt roof
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