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5-Unit Apartment Building
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121 W Carleton Street, Prescott, AZ 86303

Multifamily property positioned in historic downtown Prescott near restaurants, shops, festivals, and Whiskey Row.

Property SizeContact for details
Days on Market145

Property Features for 121 W Carleton Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 5
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Art Rullo · License #AZ BR530400000
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

This five-unit apartment building is located in historic downtown Prescott, Arizona. The property offers a compact multifamily configuration in an established downtown setting, with each of its five units contributing to the overall apartment inventory.

The building sits at 121 W. Carleton Street, one block south of the County House square and several downtown destinations. Nearby attractions include restaurants, shops, Whiskey Row, and locations used for downtown festivals and parades.

Key Highlights

  • Five‑unit multifamily apartment building
  • Located in historic downtown Prescott, Arizona
  • One block south of the County House square

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,691
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?
Apartment building - Multifamily property positioned in historic downtown Prescott near restaurants, shops, festivals, and Whiskey Row.
Where is this apartment building located?
The property is located at 121 W Carleton Street Prescott, AZ.
What are key features of this property?
This property features: Five‑unit multifamily apartment building; Located in historic downtown Prescott, Arizona; One block south of the County House square
(602) 909-2517 Call to check price and availability
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