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20-Unit Historic Apartment Building

309-311 South Montezuma Street, Prescott, AZ 86303

For Sale
Contact for pricing

Built in 1905, the property combines historic architectural character with a downtown Prescott setting.

Property SizeContact for details
Days on Market38

Property Features for 309-311 South Montezuma Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 20

Building Details

Year Built 1905
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Paul Bay · License AZ SA671037000
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 12 at 5:14AM

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

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Investment Insights

Based on property information with market context.

The Aspens on Montezuma is a 20-unit apartment property at 309-311 South Montezuma Street in Prescott. Built in 1905, the building has historic architectural character and is positioned in the downtown area.

The property is a short distance from Courthouse Plaza and Whiskey Row, with downtown restaurants, retailers, entertainment venues, and community events nearby. Major regional employment institutions named for the area include Dignity Health Yavapai Regional Medical Center, the Northern Arizona VA Health Care System, Yavapai College, and Embry-Riddle Aeronautical University.

Key Highlights

  • 20‑unit apartment property
  • Built in 1905
  • Located on South Montezuma Street in downtown Prescott

Property Analytics

Lease Details

20
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

Properties on Market for Apartment buildings in Yavapai County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1905, the property combines historic architectural character with a downtown Prescott setting.
Where is this apartment building located?
The property is located at 309-311 South Montezuma Street Prescott, AZ.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 20‑unit apartment property; Built in 1905; Located on South Montezuma Street in downtown Prescott
(602) 320-8126 Call to check price and availability
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