Search
Remodeled Duplex with Courtyards
For Sale
$649,000

539 Lincoln Avenue, Prescott, AZ 86301

Residential Income, Prescott, AZ

Property SizeContact for details
Lot Size0.29 Acres
Days on Market160

Property Features for 539 Lincoln Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF
Bedrooms 3
Bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
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 Electric (Heating), Wall Furnace
Cooling system Zoned, Ductless
Water source Public

Amenities

courtyard
patio
fenced yard
storage 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 21 Last Checked: Aug 21 at 7:06PM
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.

This MF-zoned duplex includes two separate residences on a 0.29-acre lot. Unit B is a remodeled 2-bedroom, 1-bath cottage built in 1928, while Unit C is a 1-bedroom, 1-bath stone casita. Improvements include a new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, ductless mini-split systems, fencing, and artificial turf. Each residence has a private courtyard with a patio and enclosed turf yard. A detached storage shed is located at the rear of the property.

Located near downtown Prescott, the property is currently operated as a short-term rental and has recorded Superhost ratings of 4.9 and 5.0. The oversized lot includes room for a future garage or other improvements, subject to applicable requirements. Public water and natural gas availability are reported for the property.

Key Highlights

  • Two residences on a 0.29‑acre MF‑zoned lot
  • Unit B: 2 bedrooms, 1 bath; built in 1928
  • Unit C: 1‑bedroom, 1‑bath stone casita

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

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?
Duplex - Two updated residences provide private courtyards, fenced yards, and flexible rental use.
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: Two residences on a 0.29‑acre MF‑zoned lot; Unit B: 2 bedrooms, 1 bath; built in 1928; Unit C: 1‑bedroom, 1‑bath stone casita
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