Income-Producing Multifamily
658 W Gurley Street, Prescott, AZ 86305
- Added:
- Feb 4, 2026
- Days on Market:
- 101
- Last Refresh:
- May 16 at 3:06 pm
Property Features for 658 W Gurley Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- BG
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Exterior features
- Balcony
- Standard status
- Active
- APN
- 11
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- MURPHYS 1ST SUB LOT 11
- Tax Annual Amount
- 1765
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Wall Furnace
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1914
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Concrete, Laminate, Wood, Vinyl
- Building materials
- Block, Frame
- Roof type
- Asphalt, Rolled Hot Mop
Listing agent Teresa Lohmeier PLLC License #SA697937000 (928) 756-3636
Listing office Above The Best Realty LLC 658 W Gurley Suite 3, Prescott Valley, AZ (602) 723-0045
Listing date Feb 4, 2026
MLS# 1079302
Listing URL
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.
HighLights
- Income‑producing multi‑family property with stable in‑place rents.
- Prime central location, just 0.6 miles from downtown with easy access to amenities.
- Zoned Business General and designated historic, potentially offering property tax advantages.
- Main residence features 5 bedrooms, 3 baths, updated windows, original wood flooring, and flexible rental/office/live‑work options.
- Two separate 1‑bedroom, 1‑bath apartment units with private patios.
- Unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion.
Overview
This income-producing multi-family property features stable in-place rents and future value-add potential in a central location. The property is zoned Business General and designated historic, potentially offering property tax advantages. It is located 0.6 miles from downtown, providing convenient access to shopping, dining, and services. The main residence, Unit 1, is a 5-bedroom, 3-bath home currently rented at $3,200 per month, utilities included. It features updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement for storage. Three bedrooms offer private exterior access, allowing flexibility for rental, office, or live/work use. A separate two-story building contains two 1-bedroom, 1-bath apartment units. Unit 3 is rented at $1,400 per month, and Unit 4 is rented at $1,300 per month, both with utilities included. Each unit includes its own living space, kitchen, and private patio, suitable for long-term tenancy. Recent improvements include a newer water heater in Units 3 and 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished area of over 1,000 square feet offers potential for future income or expansion. The property is situated on a lot of approximately 0.18 acres. Prior inspections, including general inspection, radon, air quality, and sewer scope, have been completed, and reports are available for buyer review. The property is offered in its current condition.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Specialty properties
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.479023
- Latitude
- 34.543127
Nearby Similar for Sale
FAQs
What type of property is this?
Specialty property - Multifamily property with in-place rents and value-add potential.
Where is this specialty property located?
The property is located at 658 W Gurley Street Prescott, AZ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Income‑producing multi‑family property with stable in‑place rents.; Prime central location, just 0.6 miles from downtown with easy access to amenities.; Zoned Business General and designated historic, potentially offering property tax advantages.
