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Two-Unit Multifamily With Courtyards
For Sale
$649,000

539 Lincoln Avenue, Prescott, AZ 86301

MULTI_FAMILY - Prescott, AZ

Property SizeContact for details
Lot Size0.29 Acres
Days on Market150

Property Features for 539 Lincoln Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF
Bedrooms 3
Bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Exterior features Fence
Fencing Fenced
Subdivision Home Acre Tract
Lot features Landscaped
Directions From Downtown Prescott, Grove Avenue South. Right on Lincoln. There is no sign.
Standard status Active
APN 20
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HOME ACRE TR LESS N 50' OF LOT 20 AP48
Tax Annual Amount 1057
Legal Description HOME ACRE TR LESS N 50' OF LOT 20 AP48

Utilities

Utilities Natural Gas Available
Heating system Wall Furnace, Electric (Heating)
Cooling system Ductless, Zoned
Water source Public

Amenities

private courtyard with patio and artificial turf fenced yard
tuff shed

Building Details

Year built 1928
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Frame, Stone
Roof type Asphalt
Listing Agency: Realty ONE Group Mountain Desert
Listed By: Peggy Ahern · License #SA680724000
Added: Mar 15 Changed: Aug 11 Last Checked: Aug 11 at 6:06PM
MLS# 1080328

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.

Two-unit multifamily property featuring two remodeled residences on a 0.29-acre lot. Unit B is a 1928 frame cottage bungalow with two bedrooms and one bathroom. Unit C is a stone casita with one bedroom and one bathroom. Both residences are described as move-in ready and upgraded for day-to-day comfort, including a new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, and mini-split systems. The property includes cooling described as zoned and ductless, with heating including wall furnaces and electric heating. Flooring is listed as vinyl, and the roof is asphalt.

Each residence has a private, pet-friendly courtyard with patio and artificial turf, along with fencing for added privacy. The oversized lot is also described as offering room for a future garage or additional improvements, and there is a tuff shed for back-yard storage. Natural gas is noted as available, with public water.

The property is currently operated as a short-term rental and is described as earning Superhost ratings of 4.9 and 5.0. The listing specifies that the agent must confirm all showings, as it is an active short-term rental.

Key Highlights

  • 0.29‑acre lot with two remodeled residences
  • Unit B: 1928 cottage bungalow with 2 bedrooms and 1 bathroom
  • Unit C: stone casita with 1 bedroom and 1 bathroom

Property Analytics

Current Use

Duplexes

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

1,966
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 remodeled residences on a 0.29-acre lot with private, pet-friendly courtyards and modern upgrades throughout.
Where is this duplex located?
The property is located at 539 Lincoln Avenue Prescott, AZ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 0.29‑acre lot with two remodeled residences; Unit B: 1928 cottage bungalow with 2 bedrooms and 1 bathroom; Unit C: stone casita with 1 bedroom and 1 bathroom
More about this property
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