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    View Property in Yavapai Hills Title is generated by Realmo AI

    694 Sunrise, Prescott, AZ 86301

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    For Sale
    $549,953

    MULTI_FAMILY - Prescott, AZ

    Property size:
    2,740 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $200/SF
    Added:
    Mar 11, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 15 at 11:06 am

    Property Features for 694 Sunrise

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    PAD
    Exterior features
    Balcony
    Standard status
    Active
    APN
    84
    Size
    2,740 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    YAVAPAI HILLS UNIT 1 PHASE 1 AMENDED LOT 84 CONT .33AC SEC 32 -14-1W M&P 19/70-76
    Tax Annual Amount
    1893

    Utilities

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

    Building Details

    Year built
    1984
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Frame

    We can help!

    Listing Contact
    Tiffany C Taylor
    Tiffany C Taylor

    Listing agent Tiffany C Taylor License #SA696978000

    Listing office Rent Right and Home Right 302 W. Willis Street Suite 100, PRESCOTT, AZ

    Listing date Mar 11, 2026

    MLS# 1080180 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

    • Two‑level setup totaling 2,740 SF: main level 1,488 SF with 3 bedrooms and 2 bathrooms
    • Lower‑level guest quarters add 1,252 SF with 2 bedrooms, 1 bathroom, kitchenette, and a private deck
    • Lower level has a separate side entrance, supporting multi‑family‑style living or rental use
    • Roof replaced in 2023; natural gas heating and central air with ceiling fans
    • Expansive deck plus balcony; flooring includes carpet, tile, and vinyl
    • Home in Yavapai Hills community with public water and cable available

    Overview

    Located in the Yavapai Hills community in Prescott, Arizona, this property offers flexibility, income potential, and long-term value. The main level features 1,488 square feet with three bedrooms, two bathrooms, a living room, and two dining areas. Large windows provide natural light and showcase the landscape. An expansive deck allows enjoyment of the surroundings. The roof was replaced in 2023. The lower level adds versatility with 1,252 square feet of private guest quarters and a separate side entrance. This space includes two bedrooms, one bathroom, a living room, a kitchenette, storage, and a private deck. The separate living areas create a setup for multi-generational households, shared living arrangements, or rental income. With its layout and private lower-level quarters, this property offers potential as a rental or dual-living opportunity. The property is located minutes from shopping, dining, medical facilities, and downtown Prescott. The lot size is 0.33 acres.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $47.7k $17.40
    − Vacancy −$2.9k −$1.04
    EGI $44.8k $16.36
    − OpEx −$13.4k −$4.91
    NOI $31.4k $11.45
    2,740 SF · lease $17.40/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $448.2K
    $392.1K – $522.9K (±1% cap)
    NOI $31,371 @ 7.0% cap · market cap 5.70%
    Second Best
    Apartment 5plus
    $417.2K
    $365.1K – $486.8K (±1% cap)
    NOI $29,206 @ 7.0% cap · market cap 5.31%
    Theoretical Best
    Warehouse
    $917.9K
    $803.2K – $1.07M (±1% cap)
    NOI $64,252 @ 7.0% cap · market cap 11.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.389038
    Latitude
    34.556902

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    FAQs

    What type of property is this?
    Duplex - Multi-family property with income potential in Prescott, Arizona.
    Where is this duplex located?
    The property is located at 694 Sunrise Prescott, AZ.
    What is the asking price?
    The asking price for this property is $549,953.
    What are key features of this property?
    This property features: Two‑level setup totaling 2,740 SF: main level 1,488 SF with 3 bedrooms and 2 bathrooms; Lower‑level guest quarters add 1,252 SF with 2 bedrooms, 1 bathroom, kitchenette, and a private deck; Lower level has a separate side entrance, supporting multi‑family‑style living or rental use
    (928) 458-4614
    We can help!
    Listing Contact
    Tiffany C Taylor
    Tiffany C Taylor
    Real Estate License ID: SA696978000
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