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Four-Residence Multifamily Property
For Sale
$1,375,000

705 Ruth Street, Prescott, AZ 86301

Residential Income, Prescott, AZ

Property Size3,248 SF
Lot Size0.16 Acres
Price / SF$423.34
Days on Market52

Property Features for 705 Ruth Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning MF-M (MH)
Bedrooms 6
Bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 3
Exterior features Fence, Balcony, Storage
Fencing Fenced
Subdivision Dameron Tract
Lot features Landscaped
Directions Whipple & Ruth - South to properties on the left, just before Hillside (The Yellow & Green Houses)
Standard status Active
APN 19
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRESCOTT - DAMERON TRACT LOT 19 BLK 8 LESS THE E 56' OF THE S 12 1861/520
Tax Annual Amount 508
Legal Description PRESCOTT - DAMERON TRACT LOT 19 BLK 8 LESS THE E 56' OF THE S 12 1861/520

Utilities

Utilities Natural Gas Available
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Ductless
Water source Public

Building Details

Year built 2025
Floors in Building 1
Number of units 4
Flooring type Laminate, Tile, Carpet
Building materials Brick, Frame
Roof type Asphalt
Additional Structures Storage
Listing Agency: eXp Realty
Listed By: Donald L Pollard · License #BR507137000
Added: Jul 1 Changed: Aug 21 Last Checked: Aug 21 at 4:06PM
MLS# 1083337

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 multifamily property combines four separate residences across two adjacent parcels at 703 and 705 Ruth Street. The portfolio includes two houses and two detached cottages, with approximately 3,248 sq. ft. of combined improvements. Features include fenced outdoor areas, balconies, storage, multiple parking areas, laminate, tile and carpet flooring, electric heating, ceiling fans, ductless cooling, and asphalt roofing. One residence was built in 2025, while the property also includes older residential improvements with detached cottage space.

The property is located in Prescott, Arizona, within zoning designation MF-M (MH). Public water serves the site, and natural gas is available. The cottages have an established rental history, and the four-residence configuration supports continued residential income use, subject to verification of zoning, permitted uses, leases, and related property details.

Key Highlights

  • Four separate residences across two adjacent parcels
  • Approximately 3,248 sq. ft. of combined improvements
  • 2025‑built residence included in the portfolio

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Catering Service Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic 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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,808
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four separate residences across two adjacent parcels with public water, natural gas availability, parking, and no HOA.
Where is this multifamily property located?
The property is located at 705 Ruth Street Prescott, AZ.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Four separate residences across two adjacent parcels; Approximately 3,248 sq. ft. of combined improvements; 2025‑built residence included in the portfolio
More about this property
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