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    520 S Cortez St Prescott, AZ 86303

    Sponsored
    For Sale
    $1,250,000

    MULTI_FAMILY - Prescott, AZ

    Lot size:
    0.52 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 520 S Cortez St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MF-H
    Rooms
    Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 7, Bathroom 6, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 5, Bedroom 1, Bathroom 7, Bedroom 5
    Bedrooms
    9
    APN
    9
    Exterior features
    Balcony
    Lot size
    0.52 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas, Heat Pump (Heating)
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1996
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Tile
    Building materials
    Block, Frame, Stucco
    Roof type
    Metal

    Better Homes And Gardens Real Estate Bloomtree Realty (928) 848-3400

    Listing agent Trent Montgomery Beaver (928) 443-8800

    Listing date Jan 8, 2026

    MLS# 1078584 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.

    Overview

    Prescott Multifamily Investment Opportunity

    This four-plex is located moments from downtown Prescott. The property features three distinct floor plans, including a spacious owner's unit offering just over 1,600 square feet. The four-plex presents an immediate income producing opportunity, with additional upside through light renovations and updates to further enhance value and long term returns. Situated on a triple lot of 0.52 acres, the property also offers significant future potential, as current zoning (MF-H) allows for the expansion of an additional multi-family building. This Prescott investment property blends location, income, and future growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Unalloyed Foundry Artist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.469327
    Latitude
    34.533289

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    FAQs

    What type of property is this?
    Quadplex - Four-plex near downtown Prescott with income and expansion potential.
    Where is this quadplex located?
    The property is located at 520 S Cortez St Prescott, AZ.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime location near historic downtown Prescott, offering convenient access to amenities, dining, and entertainment.; - Immediate income-producing four-plex with potential for increased returns through renovations.; - Spacious owner's unit (over 1,600 sq ft) ideal for on-site living and managing the property.
    (928) 443-8800
    Request Owner's contact information
    520 S Cortez St Prescott, AZ 86303
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    Prescott, AZ 86303
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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
    520 S Cortez St Prescott, AZ 86303
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