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Duplex with Brand-New Roof

3001 N Majesty Drive Prescott Valley, AZ 86314

New
3001 N Majesty Drive, Prescott Valley, AZ, 86314
$465,000
For Sale
$465,000

MULTI_FAMILY - Prescott Valley, AZ

Property Size1,476 SF
Lot Size0.22 Acres
Price / SF$315.04
Days on Market6

Property Features for 3001 N Majesty Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-4
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1
Exterior features
Fence, Balcony
Fencing
Fenced
Standard status
Active
APN
4194
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PRESCOTT VALLEY UNIT 14 LOT 4194
Tax Annual Amount
1331

Utilities

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

Building Details

Year built
1993
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Building materials
Frame
Roof type
Asphalt
Listing Agency Superlative Realty
212 S. MONTEZUMA ST. Suite 11a, Phoenix, AZ
Listed by Jinger Cutting · License #BR104354000
Added: Jul 11 Checked: Jul 16 at 8:06 pm
MLS# 1083595 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 duplex provides two separate residential units, each with two bedrooms and one full bath. The layout includes an attached one-car garage, a private fenced backyard, and air conditioning, and each unit is described as approximately 738 square feet. The roof is noted as brand new, helping reduce near-term maintenance concerns.

The property is zoned MF-4 and is located in Prescott Valley near shopping, dining, schools, medical facilities, parks, and entertainment. Easy access to major roadways supports commuting throughout Prescott Valley and surrounding communities.

Key Highlights

  • Duplex built in 1993 with frame construction, asphalt roof, and fenced yards
  • Each unit has 2 bedrooms, 1 full bath, and approximately 738 SF
  • Attached 1‑car garage for each unit

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 $25.7k $17.40
− Vacancy −$1.5k −$1.04
EGI $24.1k $16.36
− OpEx −$7.2k −$4.91
NOI $16.9k $11.45
1,476 SF · lease $17.40/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$241.4K
$211.2K – $281.7K (±1% cap)
NOI $16,899 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$224.8K
$196.7K – $262.2K (±1% cap)
NOI $15,733 @ 7.0% cap · market cap 3.38%
Theoretical Best
Warehouse
$494.5K
$432.7K – $576.9K (±1% cap)
NOI $34,612 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Furniture & Home Goods Electrical Service Food Market Bakery Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith

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

FAQs

What type of property is this?
Duplex - Each side offers two bedrooms, one full bath, an attached one-car garage, a private fenced backyard, and air conditioning.
Where is this duplex located?
The property is located at 3001 N Majesty Drive Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Duplex built in 1993 with frame construction, asphalt roof, and fenced yards; Each unit has 2 bedrooms, 1 full bath, and approximately 738 SF; Attached 1‑car garage for each unit
Contact an agent
More about this property
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