Search
Two-Residence Short-Term Rental Property
For Sale
$674,000

539 Lincoln Ave, Prescott, AZ 86301

Remodeled dual-residence property with private courtyards and established short-term rental operations.

Property Size1,392 SF
Lot Size0.29 Acres
Price / SF$484.20
Days on Market46

Property Features for 539 Lincoln Ave

General Information

Standard status Active
Size 1,392 SF
Lot size 0.29 Acres
Property subtype Multi-Family

Units

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

Additional Details

Utilities to Site Yes

Amenities

private courtyard
patio
fenced yard
storage shed

Building Details

Year Built 1928
Listing Agency: Realty ONE Group Mountain Desert
Listed By: Peggy Ahern · License #SA680724000
Source: Legacyren
Added: Jul 17 Changed: Aug 29 Last Checked: Aug 30 at 6:51PM

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.

This 1,392-square-foot multifamily property includes two remodeled residences on a 0.29-acre lot. Unit B is a 1928 two-bedroom, one-bath cottage bungalow, while Unit C is a one-bedroom, one-bath stone casita. Improvements include a new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems, fencing, and artificial turf. Each residence has its own enclosed courtyard with a patio and pet-friendly turf yard, and a detached storage shed is located at the rear of the property.

Located near downtown Prescott, the property is rental zoned and currently operates as a short-term rental. Guest performance is reflected in Superhost ratings of 4.9 and 5.0. The oversized lot provides room for a future garage or additional improvements, subject to applicable requirements.

Key Highlights

  • Two remodeled residences on a 0.29‑acre lot
  • Unit B: 1928 cottage bungalow with 2 bedrooms and 1 bath
  • Unit C: stone casita with 1 bedroom and 1 bath

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

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
Yes
Utilities to site

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Remodeled dual-residence property with private courtyards and established short-term rental operations.
Where is this short term rental property located?
The property is located at 539 Lincoln Ave Prescott, AZ.
What is the asking price?
The asking price for this property is $674,000.
What are key features of this property?
This property features: Two remodeled residences on a 0.29‑acre lot; Unit B: 1928 cottage bungalow with 2 bedrooms and 1 bath; Unit C: stone casita with 1 bedroom and 1 bath
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message