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Renovated Multifamily Property
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551 Gail Gardner Way, Prescott, AZ 86305

Two residences provide distinct living spaces with private yards for each home.

Property SizeContact for details
Days on Market8

Property Features for 551 Gail Gardner Way

General Information

Standard status Active
Property subtype Multifamily
Zoning SF9

Additional Details

Multifamily Units 2

Building Details

Year Built 1964
Buildings 2
Units 2
Listing Agency: My Home Group
Listed By: Sage Rotvold · License #SA649285000
Source: Crexi
Added: Aug 24 Changed: Aug 31 Last Checked: Aug 31 at 9:32AM

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 My Home Group

Investment Insights

Based on property information with market context.

This renovated multifamily property includes a primary residence and a fully detached guest house, creating two separate living areas on one parcel. Each residence has its own private yard, allowing the spaces to function independently. Recent improvements include a brand-new HVAC system, a new roof, dual-pane windows, and updated landscaping. The property was built in 1964 and carries SF9 zoning.

Located in Prescott, the property is minutes from Downtown Prescott and historic Whiskey Row, with shopping, dining, entertainment, and local events nearby. The separate residences and outdoor areas support a range of residential configurations, including multigenerational occupancy and independently managed living spaces.

Key Highlights

  • Fully detached guest house paired with the main residence
  • Private yard designated for each residence
  • Brand‑new HVAC system, new roof, and new dual‑pane windows

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Catering Service Furniture & Home Goods

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

752
Businesses Nearby

Demographics for 86305, AZ

19,555
Population
10,920
Households
1.8
Avg Household Size
62
Median Age
47%
College-Educated
97%
High-School Grad
588.5 sq mi
ZIP Area
33
Density / Sq Mi
$78,802
Median Household Income
$37,630
Median Earnings
$1,132
Median Rent
$627,100
Median Home Value

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?
Multifamily property - Two residences provide distinct living spaces with private yards for each home.
Where is this multifamily property located?
The property is located at 551 Gail Gardner Way Prescott, AZ.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Fully detached guest house paired with the main residence; Private yard designated for each residence; Brand‑new HVAC system, new roof, and new dual‑pane windows
(480) 228-5086 Call to check price and availability
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