5-Unit Apartment
For Sale
$999,000
622 Western Avenue, Prescott, AZ 86305
Residential Income, Prescott, AZ
Property SizeContact for details
Lot Size0.17 Acres
Days on Market167
Property Features for 622 Western Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
BG
Directions
Well-located in Prescott at 622 / 624 Western Avenue and 201 / 201 1/2 / 203 Garden Street, this multifamily property benefits from a corner setting with dual street frontage, offering convenient access for multiple units and strong rental appeal.
Standard status
Active
APN
17&18
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
FLEURY ADD W2 LOT 17 AP8; W2 LOT 18 AP9 ALL IN BLK 9 404/3 54 3/299
Legal Description
FLEURY ADD W2 LOT 17 AP8; W2 LOT 18 AP9 ALL IN BLK 9 404/3 54 3/299
Building Details
Year built
1930
Floors in Building
1
Number of units
5
Listing Agency:
Arizona Commercial
(928) 515-1223
Listed By:
Abigail Chartier · License #SA710066000
(928) 642-3032
Added: Mar 9
Changed: Aug 20
Last Checked: Aug 22 at 12:06PM
MLS# 1080130
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.
Located at 622 Western Avenue in Prescott, this five-unit apartment property was built in 1930 and sits on 0.17 acres. The configuration includes three two-bedroom, one-bath apartments, one one-bedroom, one-bath apartment, and one studio, providing a varied unit mix within a compact multifamily asset.
All units are occupied, and each apartment has separate gas and electric metering. Tenancies are month-to-month, providing flexibility for future ownership. The property is zoned BG and positioned in Prescott, Arizona, near the Downtown Prescott area.
All units are occupied, and each apartment has separate gas and electric metering. Tenancies are month-to-month, providing flexibility for future ownership. The property is zoned BG and positioned in Prescott, Arizona, near the Downtown Prescott area.
Key Highlights
- Five‑unit apartment property built in 1930
- Unit mix includes three 2‑bedroom/1‑bath units, one 1‑bedroom/1‑bath unit, and one studio
- Fully occupied property with month‑to‑month tenancies
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,842
Businesses Nearby
Explore this area
Business Placement
Demographics for 86305, AZ
19,555
Population
10,920
Households
1.8
Avg Household Size
62
Median Age
47%
College-Educated
97%
High-School Grad
588.5 sq mi
ZIP Area
33
Density / Sq Mi
$78,802
Median Household Income
$37,630
Median Earnings
$1,132
Median Rent
$627,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with individually metered gas and electric service and month-to-month tenancies.
Where is this apartment building located?
The property is located at 622 Western Avenue Prescott, AZ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1930; Unit mix includes three 2‑bedroom/1‑bath units, one 1‑bedroom/1‑bath unit, and one studio; Fully occupied property with month‑to‑month tenancies
