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    849 Sunset Ave Prescott, AZ 86305

    For Sale
    $3,200,000

    MULTI_FAMILY - Prescott, AZ

    Lot size:
    0.48 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 849 Sunset Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MF-M
    APN
    22
    Exterior features
    Laundry Facilities
    Lot size
    0.48 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1980
    Number of units
    16
    Flooring type
    Laminate, Carpet
    Building materials
    Frame
    Roof type
    Asphalt

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

    Listing agent Kayla L Stazenski (928) 777-0257

    Listing date Jul 9, 2025

    Copyright © 2025 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 multifamily income property is located in the heart of Prescott, Arizona. Known as The Landings, this property presents an investment opportunity. It features fifteen 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit. Each unit has its own electric meter. The property has consistently high occupancy rates. All units are on one level and feature updated paint, flooring, and full kitchens. The units have been well-maintained. A shared coin laundry room offers additional income potential. There is ample parking for tenants and guests. Separate storage closets are located at the end of the building. The lot size is 0.48 acres. The zoning is MF-M.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.484362
    Latitude
    34.556102

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    FAQs

    What type of property is this?
    Apartment building - Multifamily income property in the heart of Prescott, Arizona.
    Where is this apartment building located?
    The property is located at 849 Sunset Ave Prescott, AZ.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Multi-unit income property in a desirable location in Prescott.; - High occupancy rates indicate strong tenant demand.; - 15 units are 2 bed/2 bath; 1 unit is 1 bed/1 bath.
    (928) 777-0257
    Request Owner's contact information
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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
    849 Sunset Ave Prescott, AZ 86305
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