320 S Cortez Street, Prescott, AZ 86303

Building Details

Year Built

1942

Listing office Delex Realty

Listing date Jun 4, 2026

Source Crexi

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Overview

Built in 1919, this brick-and-concrete apartment building offers 17 residential units with a mix of 7 studios and 10 one-bedroom apartments. Some units retain historic character details, including original hardwood flooring. The property includes on-site, coin-operated laundry facilities and a gated lower-level entrance with private parking, supporting resident convenience and controlled access.

Located in downtown Prescott at 320 S. Cortez Street, the complex is described as steps away from Courthouse Square, a destination for shopping, dining, and local events. The central setting is positioned for walkable, downtown living, and the asset also notes mountain and city views from some units.

For buyers seeking a downtown multifamily asset with established on-site amenities, this property combines historic charm with a functional unit count and layout. The building is described as well maintained and includes a history as a rental property. With some units already upgraded, the remaining unit inventory can support continued interior improvements as part of an ownership strategy.

Suggested Use

Law Firm Restaurant Dental Office Spa & Massage Center Real Estate Agency Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Prescott

County

Yavapai

State

Arizona

Longitude

-112.4692437

Latitude

34.5373598

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FAQs

What type of property is this?

Apartment building - Brick-and-concrete building with 17 units, on-site coin laundry, and gated lower-level parking for residents.

Where is this apartment building located?

The property is located at 320 S Cortez Street Prescott, AZ.

What is the asking price?

The asking price for this property is $3,286,000.

What are key features of this property?

This property features: 17‑unit apartment complex at 320 S. Cortez St. (The Pillars) in downtown Prescott, AZ; Unit mix includes 7 studios and 10 one‑bedroom apartments; Total interior livable area is approximately 10,000 sq ft on a 0.34‑acre lot