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Downtown 5-Unit Multifamily Building

622 Western Avenue Prescott, AZ 86305

622 Western Avenue, Prescott, AZ, 86305
$999,000
For Sale
$999,000

MULTI_FAMILY - Prescott, AZ

Lot Size0.17 Acres
Days on Market137

Property Features for 622 Western Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
BG
Standard status
Active
APN
17&18
Lot size
0.17 Acres

Taxes and HOA fees

Tax Description
FLEURY ADD W2 LOT 17 AP8; W2 LOT 18 AP9 ALL IN BLK 9 404/3 54 3/299

Building Details

Year built
1930
Floors in Building
1
Number of units
5
Listing agency Arizona Commercial
Listed by Abigail Chartier · License #SA710066000
Added: Mar 9 Updated: Jul 14 at 2:13PM Checked: Jul 23 at 1:06AM
MLS# 1080130

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.

The property is a 5-unit multifamily building in Prescott with a diversified unit mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio. The building is fully occupied and provides in-place income. Tenants are on month-to-month terms, and each unit is individually metered for gas and electric.

Zoned BG, the property is located at 622 Western Avenue in Prescott, AZ (Yavapai County). The site size is listed at 0.17 acres.

The offering is structured around a stable, fully occupied configuration with independently metered utilities and month-to-month occupancy, supporting straightforward day-to-day management.

Key Highlights

  • 5‑unit multifamily in Prescott built in 1930
  • Unit mix: three 2BD/1BA units, one 1BD/1BA unit, and one studio
  • Currently fully occupied with total annual gross income of $86,160

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Locksmith Barber Shop HVAC Service Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five fully occupied apartments with month-to-month leases and individual gas and electric meters.
Where is this apartment building located?
The property is located at 622 Western Avenue Prescott, AZ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 5‑unit multifamily in Prescott built in 1930; Unit mix: three 2BD/1BA units, one 1BD/1BA unit, and one studio; Currently fully occupied with total annual gross income of $86,160
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