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

509 1st Street, Prescott, AZ 86301

Residential Income, Prescott, AZ

Property SizeContact for details
Lot Size0.19 Acres
Days on Market165

Property Features for 509 1st Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF-M
Bedrooms 4
Bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Exterior features Balcony
Subdivision Dameron Park Add
Lot features Landscaped
Directions From Montezuma, take Navajo west to 1st St, go south on 1st St, homes on the corner of 1st and Vallejo.
Standard status Active
APN 1
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description DAMERON PARK ADD LOT 1 BLK 25
Tax Annual Amount 1625
Legal Description DAMERON PARK ADD LOT 1 BLK 25

Utilities

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

Building Details

Year built 2017
Floors in Building 1
Number of units 2
Flooring type Tile, Laminate
Building materials Frame, Stucco
Roof type Asphalt
Listing Agency: Realty ONE Group Mountain Desert
Listed By: Christopher Bratt · License #SA036107000
Added: Mar 18 Changed: Aug 29 Last Checked: Aug 29 at 7:06AM
MLS# 1080397

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.

Built in 2017, this duplex includes two matching homes, each with 2 bedrooms, 1 bathroom, and 667 square feet. Both residences feature great rooms with cathedral ceilings and clerestory windows, along with open kitchens and laundry areas. Elevated foundations provide storage, while full-length covered porches add outdoor space and street-facing views. Frame and stucco construction, laminate and tile flooring, asphalt roofing, central air, ceiling fans, and natural-gas heating complete the improvements.

The property encompasses 0.19 acres at 509 1st Street in Prescott, Arizona. Courthouse Square and Whiskey Row are within walking distance. Public water serves the property, natural gas is available, and the zoning designation is MF-M.

Key Highlights

  • Two homes, each with 2 bedrooms, 1 bathroom, and 667 square feet
  • Built in 2017 on a 0.19‑acre parcel
  • Great rooms with cathedral ceilings and clerestory windows

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two matching residences offer efficient layouts, natural-gas heating, and central air.
Where is this duplex located?
The property is located at 509 1st Street 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 homes, each with 2 bedrooms, 1 bathroom, and 667 square feet; Built in 2017 on a 0.19‑acre parcel; Great rooms with cathedral ceilings and clerestory windows
More about this property
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