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Tenant-Occupied Duplex
For Sale
$325,000
Pending

116 E Leroux Street, Prescott, AZ 86303

Residential Income, Prescott, AZ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market106

Property Features for 116 E Leroux Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF-H
Bedrooms 2
Bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Exterior features Fence
Fencing Fenced
Subdivision Prescott Original Township
Lot features Landscaped
Directions Property is two blocks east of Montezuma St on Leroux. 3 blocks south of the Courthouse Square in downtown Prescott.
Standard status Pending
APN 23
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Parcel #109-04-077:PRESCOTT W 50' OF LOT 23 AP4; THE NLY 10' OF LEROUX ST ADJ WLY 50' OF LOT 23 AP5; BLK 33.Parcel #109-04-074A:PRESCOTT S 30' OF W 50' LOT 21 BLK 33.
Tax Annual Amount 981
Legal Description Parcel #109-04-077:PRESCOTT W 50' OF LOT 23 AP4; THE NLY 10' OF LEROUX ST ADJ WLY 50' OF LOT 23 AP5; BLK 33.Parcel #109-04-074A:PRESCOTT S 30' OF W 50' LOT 21 BLK 33.

Utilities

Utilities Natural Gas Available
Heating system Wall Furnace
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1951
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet, Laminate
Building materials Frame
Roof type Asphalt
Listing Agency: West USA Realty of Prescott
Listed By: Valerie Moore
Added: May 8 Changed: Aug 21 Last Checked: Aug 21 at 3:06PM
MLS# 1081809

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.

This frame duplex contains two 574-square-foot residences, each arranged with one bedroom and one full bathroom. The units share a single lot, while an additional parcel provides separately fenced rear yards. Recent improvements include a roof installed 3 years ago, interior painting completed less than a year ago, and replacement wall heaters that are 2–3 years old. Unit 116 also features newer flooring and a kitchen range. Flooring includes vinyl, carpet, and laminate, with asphalt roofing and natural gas available.

Both residences are leased, with the tenancy for unit 116 extending through 10/5/2026 and unit 118 through 8/27/2026. The property is located a few blocks from historic downtown Prescott. The sale includes parcels 109-04-074A and 109-04-077 and is offered AS-IS.

Key Highlights

  • Two 574‑square‑foot units, each with 1 bedroom and 1 full bathroom
  • Tenants in place with leases through 10/5/2026 and 8/27/2026
  • Roof replaced 3 years ago; wall heaters replaced between 2–3 years old

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,215
Businesses Nearby

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two upgraded rental units include separately fenced backyards and remain occupied under existing leases.
Where is this duplex located?
The property is located at 116 E Leroux Street Prescott, AZ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two 574‑square‑foot units, each with 1 bedroom and 1 full bathroom; Tenants in place with leases through 10/5/2026 and 8/27/2026; Roof replaced 3 years ago; wall heaters replaced between 2–3 years old
More about this property
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