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Quadplex With Owner’s Unit
For Sale
$1,130,000

520 S Cortez Street, Prescott, AZ 86303

Residential Income, Prescott, AZ

Property SizeContact for details
Lot Size0.52 Acres
Days on Market245

Property Features for 520 S Cortez Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF-H
Bedrooms 8
Bathrooms 7
Rooms Bedroom 7, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 4, Bedroom 1, Bedroom 5, Bathroom 5, Bedroom 6, Bathroom 6, Bedroom 8, Bedroom 4
Exterior features Balcony
Subdivision Prescott Original Township
Lot features Landscaped
Directions From Downtown Prescott Courthouse Square, South on Cortez to Home on Right.
Standard status Active
APN 9
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRESCOTT ORIGINAL TOWNSITE M&P 4/22,BLK 38 LOTS 9,11 & 13
Tax Annual Amount 2938
Legal Description PRESCOTT ORIGINAL TOWNSITE M&P 4/22,BLK 38 LOTS 9,11 & 13

Utilities

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

Amenities

motorhome pad with full hookups
fenced in garden area

Building Details

Year built 1996
Floors in Building 2
Number of units 4
Flooring type Carpet, Tile
Building materials Block, Frame, Stucco
Roof type Metal
Listing Agency: Better Homes And Gardens Real Estate Bloomtree Realty
Listed By: Trent Montgomery Beaver · License #SA647953000
Added: Jan 7 Changed: Sep 9 Last Checked: Sep 9 at 3:06PM
MLS# 1078584

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 1996 quadplex contains four separate floor plans, including an owner’s residence exceeding 1,600 SF. The property includes a covered, temperature-controlled Arizona room with west-facing views, balcony space, exterior covered parking, and a fenced garden area. Construction incorporates block, frame, and stucco materials, with metal roofing, carpet and tile flooring, natural gas and heat-pump heating, and central air conditioning.

Set on 0.52 acres at 520 S Cortez Street in Prescott, the property has paved road and alley access and sits near the city’s historic downtown. A motorhome pad with full hookups is also included. MF-H zoning allows expansion with an additional multifamily building, and an elevator shaft is already in place for a potential future elevator.

Key Highlights

  • Four‑unit quadplex built in 1996 with four distinct floor plans
  • Owner’s unit exceeds 1,600 SF
  • 0.52‑acre lot at 520 S Cortez Street, Prescott, AZ 86303

Property Analytics

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Current Use

Unalloyed Foundry Artist

Suggested Use

Top Pick Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Barber Shop Locksmith

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

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,189
Businesses Nearby

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
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?
Quadplex - Four-unit property with MF-H zoning, covered parking, and a motorhome pad with full hookups near downtown Prescott.
Where is this quadplex located?
The property is located at 520 S Cortez Street Prescott, AZ.
What is the asking price?
The asking price for this property is $1,130,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1996 with four distinct floor plans; Owner’s unit exceeds 1,600 SF; 0.52‑acre lot at 520 S Cortez Street, Prescott, AZ 86303
More about this property
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