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Two-Unit Duplex with Covered Porches
For Sale
$574,900

509 1st St, Prescott, AZ 86301

Paired residences offer efficient layouts, elevated foundations, and covered outdoor space within an MF-M zoning designation.

Property Size1,334 SF
Price / SF$430.96
Days on Market45

Property Features for 509 1st St

General Information

Standard status Active
Size 1,334 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 2017
Listing Agency: Realty ONE Group Mountain Desert
Listed By: Christopher Bratt · License #SA036107000
Source: Legacyren
Added: Jul 18 Changed: Aug 29 Last Checked: Aug 30 at 8:51PM

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 Realty ONE Group Mountain Desert

Investment Insights

Based on property information with market context.

Built in 2017, this duplex includes two matching residences measuring 667 square feet each. Both homes provide two bedrooms, one bathroom, an open kitchen, laundry area, and a central living room finished with cathedral ceilings and clerestory windows. Elevated foundations add below-home storage, while full-length covered porches extend the usable outdoor area and provide street-facing views.

The property is located at 509 1st Street in Prescott, within walking distance of courthouse square and Whiskey Row. MF-M zoning supports the property’s duplex configuration.

Key Highlights

  • Two residences, each with 2 bedrooms, 1 bathroom, and 667 square feet
  • Built in 2017 with MF‑M zoning
  • Matching layouts include open kitchens and laundry areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Locksmith Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,538
Businesses Nearby

Demographics for 86301, AZ

25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Paired residences offer efficient layouts, elevated foundations, and covered outdoor space within an MF-M zoning designation.
Where is this duplex located?
The property is located at 509 1st St Prescott, AZ.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1 bathroom, and 667 square feet; Built in 2017 with MF‑M zoning; Matching layouts include open kitchens and laundry areas
More about this property
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