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New Prescott Valley Multifamily Property

2800 N Starlight Drive Prescott Valley, AZ 86314

2800 N Starlight Drive, Prescott Valley, AZ, 86314
$1,050,000
For Sale
Claim this Listing
$1,050,000

MULTI_FAMILY - Prescott Valley, AZ

Property Size3,672 SF
Lot Size0.42 Acres
Price / SF$285.95
AddedOct 22, 2025
Days on Market266
Last RefreshJul 14 at 3:06 pm

Property Features for 2800 N Starlight Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R2-4
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 4
Standard status
Active
APN
58
Lot size
0.42 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PRESCOTT EAST UNIT 1 LOT 58 550/207
Tax Annual Amount
290

Utilities

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

Building Details

Year built
2025
Floors in Building
1
Number of units
4
Flooring type
Laminate
Building materials
Frame
Roof type
Asphalt

Listing agent Nicole M Strong License #SA625642000

Listing office Real Broker 3707 East Southern Ave. Suite #1074, Mesa, AZ

Listing date Oct 22, 2025

MLS# 1077304 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.


Investment Insights

Based on property information with market context.

This property features two duplexes, totaling four units. Each unit offers 918 square feet of living space, with 2 bedrooms and 1 bath. The units include storage space and two parking spaces per unit. Interior features consist of ceiling fans, laminate flooring, and granite countertops. Each unit is equipped with a refrigerator, microwave, washer, and dryer. The property is located in Prescott Valley, Arizona, and is zoned R2-4. The lot size is 0.42 acres. The estimated completion date is February 26'.

Key Highlights

  • Under construction, brand new duplex property with 2 duplexes total (4 units)
  • Each unit features 2 bedrooms and 1 bathroom with 918 SF per unit
  • Units include storage and 2 parking spaces

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 $63.9k $17.40
− Vacancy −$3.8k −$1.04
EGI $60.1k $16.36
− OpEx −$18.0k −$4.91
NOI $42.0k $11.45
3,672 SF · lease $17.40/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$600.6K
$525.5K – $700.7K (±1% cap)
NOI $42,041 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$559.1K
$489.3K – $652.3K (±1% cap)
NOI $39,140 @ 7.0% cap · market cap 3.73%
Theoretical Best
Warehouse
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,108 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Acupuncture

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

FAQs

What type of property is this?
Quadplex - New multifamily property featuring two duplexes with modern amenities.
Where is this quadplex located?
The property is located at 2800 N Starlight Drive Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Under construction, brand new duplex property with 2 duplexes total (4 units); Each unit features 2 bedrooms and 1 bathroom with 918 SF per unit; Units include storage and 2 parking spaces
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More about this property
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