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    Prescott Country Club Multi-Family Investment Title is generated by Realmo AI

    1299 N Tapadero Drive, Dewey, AZ 86327

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    Claim this Listing
    For Sale
    Under Contract
    $650,000

    MULTI_FAMILY - Dewey-Humboldt, AZ

    Property size:
    3,564 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $182/SF
    Added:
    May 2, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 17 at 6:06 pm

    Property Features for 1299 N Tapadero Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2-2
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 8, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 2, Bathroom 1, Bedroom 3
    Standard status
    Active Under Contract
    APN
    307
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PRESCOTT COUNTRY CLUB LOT 307
    Tax Annual Amount
    2225

    Utilities

    Utilities
    Cable Available
    Heating system
    Baseboard
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Carpet
    Building materials
    Frame
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Oakley Bechtold
    Oakley Bechtold

    Listing agent Oakley Bechtold

    Listing office Realty Executives Arizona Territory 203 West Willis Suite A, Prescott, AZ

    Listing date May 2, 2026

    MLS# 1081650 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

    • 4‑plex investment opportunity in Prescott Country Club
    • Two of four units are currently leased; the other two are vacant
    • Each unit is about 891 SF with 2 bedrooms and 1 bathroom
    • Units include a cozy fireplace and covered carport parking
    • Landlord pays water; tenants cover all other utilities
    • Built in 1980 with frame construction, asphalt roof, baseboard heat, and ceiling fan cooling

    Overview

    This multi-family property is located in Prescott Country Club. It features four units, each approximately 891 square feet, with 2-bedrooms and 1-bathroom. Each unit includes a fireplace and covered carport parking. Two of the four units are currently leased, providing immediate rental income, with the potential to increase income by leasing the vacant units. The property's functional layouts and low-maintenance design are conducive to consistent performance. The landlord is responsible for water, while tenants cover all other utilities. The property is situated near golf, shopping, dining, and other amenities in Prescott. This property is suitable for investors seeking cash flow, value-add potential, or a 1031 exchange property. The lot size is 0.17 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 $62.0k $17.40
    − Vacancy −$3.7k −$1.04
    EGI $58.3k $16.36
    − OpEx −$17.5k −$4.91
    NOI $40.8k $11.45
    3,564 SF · lease $17.40/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $582.9K
    $510.1K – $680.1K (±1% cap)
    NOI $40,805 @ 7.0% cap · market cap 6.28%
    Second Best
    Apartment 5plus
    $542.7K
    $474.9K – $633.2K (±1% cap)
    NOI $37,989 @ 7.0% cap · market cap 5.84%
    Theoretical Best
    Warehouse
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,575 @ 7.0% cap · market cap 12.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Building Supply Auto Repair Shop Department Store HVAC Service Discount Store Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dewey
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.262576
    Latitude
    34.56113

    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Prescott Country Club with income potential.
    Where is this quadplex located?
    The property is located at 1299 N Tapadero Drive Dewey, AZ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 4‑plex investment opportunity in Prescott Country Club; Two of four units are currently leased; the other two are vacant; Each unit is about 891 SF with 2 bedrooms and 1 bathroom
    More about this property
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