View Property in Yavapai
For Sale
Under Contract
$549,953
694 Sunrise, Prescott, AZ 86301
MULTI_FAMILY - Prescott, AZ
Property Size2,740 SF
Lot Size0.33 Acres
Price / SF$200.71
Days on Market143
Property Features for 694 Sunrise
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
PAD
Exterior features
Balcony
Subdivision
Yavapai Hills
Lot features
Landscaped
Directions
From Hwy 69 in Prescott, head North on Sunrise Blvd. Follow until you see Willet Crt on the left and make a U-turn. Home is right away on the right.
Standard status
Active Under Contract
APN
84
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
YAVAPAI HILLS UNIT 1 PHASE 1 AMENDED LOT 84 CONT .33AC SEC 32 -14-1W M&P 19/70-76
Tax Annual Amount
1893
HOA Fee
$440 Annually
Legal Description
YAVAPAI HILLS UNIT 1 PHASE 1 AMENDED LOT 84 CONT .33AC SEC 32 -14-1W M&P 19/70-76
Utilities
Utilities
Cable Available
Heating system
Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Number of units
2
Flooring type
Carpet, Vinyl, Tile
Building materials
Frame
Listing Agency:
Rent Right and Home Right
(928) 771-0308
Listed By:
Tiffany C Taylor · License #SA696978000
(928) 458-4614
Added: Mar 11
Changed: Jul 29
Last Checked: Jul 31 at 11:06PM
MLS# 1080180
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.
Located in the Yavapai Hills community in Prescott, Arizona, this property offers flexibility, income potential, and long-term value. The main level features 1,488 square feet with three bedrooms, two bathrooms, a living room, and two dining areas. Large windows provide natural light and showcase the landscape. An expansive deck allows enjoyment of the surroundings. The roof was replaced in 2023. The lower level adds versatility with 1,252 square feet of private guest quarters and a separate side entrance. This space includes two bedrooms, one bathroom, a living room, a kitchenette, storage, and a private deck. The separate living areas create a setup for multi-generational households, shared living arrangements, or rental income. With its layout and private lower-level quarters, this property offers potential as a rental or dual-living opportunity. The property is located minutes from shopping, dining, medical facilities, and downtown Prescott. The lot size is 0.33 acres.
Key Highlights
- 1984‑built home in Yavapai Hills community with central air and natural gas heating
- Main level offers 1,488 SF with 3 bedrooms, 2 bathrooms, living room, and 2 dining areas
- Lower level adds 1,252 SF guest quarters with 2 bedrooms, 1 bathroom, kitchenette, storage, and private deck
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $17.40 |
| − Vacancy | −$2.9k | −$1.04 |
| EGI | $44.8k | $16.36 |
| − OpEx | −$13.4k | −$4.91 |
| NOI | $31.4k | $11.45 |
2,740 SF · lease $17.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$448.2K
$392.1K – $522.9K
NOI $31,371 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$417.2K
$365.1K – $486.8K
NOI $29,206 @ 7.0% cap · market cap 5.31%
Theoretical Best
Warehouse
$917.9K
$803.2K – $1.07M
NOI $64,252 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Explore this area
Business Placement
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
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 - Multi-family property with income potential in Prescott, Arizona.
Where is this duplex located?
The property is located at 694 Sunrise Prescott, AZ.
What is the asking price?
The asking price for this property is $549,953.
What are key features of this property?
This property features: 1984‑built home in Yavapai Hills community with central air and natural gas heating; Main level offers 1,488 SF with 3 bedrooms, 2 bathrooms, living room, and 2 dining areas; Lower level adds 1,252 SF guest quarters with 2 bedrooms, 1 bathroom, kitchenette, storage, and private deck
