Mixed-Use Property with Rental
654 W Gurley Street, Prescott, AZ 86305
- Added:
- Feb 17, 2026
- Days on Market:
- 101
- Last Refresh:
- May 29 at 5:06 pm
Property Features for 654 W Gurley Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- bg
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1
- Exterior features
- Laundry Facilities, Balcony
- Standard status
- Pending
- APN
- 10
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MURPHYS 1ST SUB LOT 10
- Tax Annual Amount
- 1547
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Electric (Heating)
- Cooling system
- Ceiling Fan(s), Ductless
- Water source
- Public
Building Details
- Year built
- 1933
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Laminate
- Building materials
- Frame
- Roof type
- Asphalt
Listing agent Maria Koveikis (928) 533-1960
Listing office Realty ONE Group Mountain Desert 100 E Sheldon Street Suite 200, Prescott, AZ (928) 440-2522
Listing date Feb 17, 2026
MLS# 1079630
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.
HighLights
- Zoned Business General: Offering flexibility for residential or commercial use
- Income Potential: Configured as three separate rental units with existing leases
- Recent Upgrades: Features a new roof (2022), new water heater (2022), and new mini‑splits (2021)
- Versatile Layout: Easily convertible to combine units for larger living spaces
- Well‑Maintained: Includes a large 1‑car garage with storage, a well‑maintained yard with raised beds, and fresh paint
- Furnished Option: Ideally sold furnished, offering immediate convenience
Overview
This immaculate property, zoned Business General, offers endless possibilities for residential and commercial uses. Currently configured as three separate one-bedroom units, it presents a fabulous investment opportunity with an excellent cap rate. The front unit is rented for $1750 until October, and the back unit is rented for $1700 until June 7, 2026. The owner occupies the remaining unit. Two units could be easily combined to create a larger living area while retaining an in-law suite or rental unit, or the property can function as three rental units. Recent updates include new mini-splits installed in 2021, a new roof in 2022, and a new water heater in 2022, along with fresh exterior and interior paint and many other improvements. A large one-car garage provides ample storage space. The well-maintained yard features raised beds for growing. Ideally, the property will be sold furnished. This property, built in 1933 with additions in 1983 and the 1990s, combines the benefits of commercial and residential use on a 0.17-acre lot.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.478848
- Latitude
- 34.543128
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Immaculate mixed-use property with excellent cap rate and rental income.
Where is this mixed-use property located?
The property is located at 654 W Gurley Street Prescott, AZ.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Zoned Business General: Offering flexibility for residential or commercial use; Income Potential: Configured as three separate rental units with existing leases; Recent Upgrades: Features a new roof (2022), new water heater (2022), and new mini‑splits (2021)
