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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 Market212

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 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, 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 Laminate, Tile
Building materials Frame, Stucco
Roof type Asphalt
Listing Agency: Realty ONE Group Mountain Desert
Listed By: Christopher Bratt · License #SA036107000
Added: Mar 18 Changed: Oct 15 Last Checked: Oct 15 at 9:06AM
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.

This duplex contains two matching residences, each with 2 bedrooms, 1 bathroom, and 667 square feet. Both homes 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 usable outdoor space and street-facing views. Frame and stucco construction, laminate and tile flooring, asphalt roofing, central air, ceiling fans, and natural gas heating serve the property. The homes were built in 2017.

The property encompasses 0.19 acres at 509 1st Street in Prescott, with public water and natural gas available. Its setting is within walking distance of courthouse square and Whiskey Row. MF-M zoning is identified for the property.

Key Highlights

  • Two identical 2 bedroom, 1 bathroom homes with 667 square feet each
  • 0.19‑acre duplex property at 509 1st Street, Prescott, AZ 86301
  • Built in 2017 with frame and stucco construction

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two matching residences offer efficient layouts, elevated foundations, and access to Prescott’s courthouse square and Whiskey Row.
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 identical 2 bedroom, 1 bathroom homes with 667 square feet each; 0.19‑acre duplex property at 509 1st Street, Prescott, AZ 86301; Built in 2017 with frame and stucco construction
More about this property
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