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Historic Multi-Unit Income Property

324 N Mount Vernon Avenue, Prescott, AZ 86301

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For Sale

$1,049,000

MULTI_FAMILY - Prescott, AZ

Lot size:

0.17 Acres

HighLights

Multi‑unit property with three rental units: Unit A (2 bed, 2 bath), Unit B (1 bed, 1 bath), and Unit C (1 bed, 1 bath).
Unit B is fully remodeled and rented at $1,200/month.
Unit C is a 518 SF 1‑bedroom home built in 1939, tenant occupied and rented at $2,000/month.
Brick and frame construction with an asphalt roof.
Heating is natural gas; cooling includes ductless systems and ceiling fans.
Public water and cable available; fenced exterior.

We can help!

Listing Contact

Chris Marciano

For Sale

$1,049,000

MULTI_FAMILY - Prescott, AZ

Lot size:

0.17 Acres

Added:: Feb 13, 2026
Days on Market:: 117
Last Refresh:: Jun 10 at 1:06 pm

Property Features for 324 N Mount Vernon Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: MF-H
Bedrooms: 4
Bathrooms: 4
Rooms: Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4
Exterior features: Fence
Fencing: Fenced
Standard status: Active
APN: 15
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: LOT 15 BLOCK 3 MOELLER ADD BOOK 2 PAGE 15
Tax Annual Amount: 1304

Utilities

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

Building Details

Year built: 1939
Floors in Building: 1
Number of units: 3
Flooring type: Tile, Vinyl
Building materials: Brick, Frame
Roof type: Asphalt

We can help!

Listing Contact

Chris Marciano

Listing agent Chris Marciano License #SA571904000

Listing office Keller Williams Arizona Realty 503 E. Gurley St, AZ

Listing date Feb 13, 2026

MLS# 1079541 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

Multi‑unit property with three rental units: Unit A (2 bed, 2 bath), Unit B (1 bed, 1 bath), and Unit C (1 bed, 1 bath).
Unit B is fully remodeled and rented at $1,200/month.
Unit C is a 518 SF 1‑bedroom home built in 1939, tenant occupied and rented at $2,000/month.
Brick and frame construction with an asphalt roof.
Heating is natural gas; cooling includes ductless systems and ceiling fans.
Public water and cable available; fenced exterior.

Overview

This historic multi-unit property is configured as three separate homes: Unit A at the front with 2 bedrooms and 2 bathrooms, Unit B on the side with 1 bedroom and 1 bathroom (fully remodeled), and Unit C in the rear, a 518-square-foot 1-bedroom home built in 1939. All three units are currently tenant occupied, supporting an income-producing setup with both classic character and refreshed interior updates. The property is offered under MF-H zoning.

Located in the heart of downtown Prescott, the building benefits from an in-town setting described as a rare opportunity. With multiple independent units on one property, it presents a straightforward option for buyers seeking an established rental configuration in a central area of Prescott.

For investors and owner-operators, the three-unit layout offers diversification across separate tenant spaces, while the mix of unit sizes can help accommodate a range of renter profiles. The combination of historic elements and modernized finishes in Unit B supports a tenant-ready story from day one, reinforced by existing rental performance for Units B and C and current occupancy across the property.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Prescott
County: Yavapai
State: Arizona
Longitude: -112.463663
Latitude: 34.546211

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For sale
Triplexes
AZ
Prescott
86301
324 N Mount Vernon Avenue

What type of property is this?

Triplex - Tenant-occupied multi-unit property with historic character and modern updates, designed for immediate rental income.

Where is this triplex located?

The property is located at 324 N Mount Vernon Avenue Prescott, AZ.

What is the asking price?

The asking price for this property is $1,049,000.

What are key features of this property?

This property features: Multi‑unit property with three rental units: Unit A (2 bed, 2 bath), Unit B (1 bed, 1 bath), and Unit C (1 bed, 1 bath).; Unit B is fully remodeled and rented at $1,200/month.; Unit C is a 518 SF 1‑bedroom home built in 1939, tenant occupied and rented at $2,000/month.

324 N Mount Vernon Avenue, Prescott, AZ 86301

MULTI_FAMILY - Prescott, AZ

Property Features for 324 N Mount Vernon Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Medical Office Investment Opportunity

Clear-Span Industrial Flex Building

View Property in Yavapai Hills

Prescott Office Building with Parking

Health and Healing Center

Medical Office Building with Expansion Potential

Medical/Professional Office in Prescott

Medical Office Building with Patio

Income Property Bordering Golf Course

Prescott Multi-Unit Investment Opportunity

Prescott Duplex Near Downtown

Income-Producing Duplex Near Downtown Prescott

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