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New Construction Duplex with Three-Level Layout
For Sale
$1,249,000

831 Hope St, Prescott, AZ 86303

Two residential units feature private entries, decks, carports, and flexible owner-occupant or rental use.

Property Size1,975 SF
Lot Size0.17 Acres
Price / SF$632.41
Days on Market19

Property Features for 831 Hope St

General Information

Standard status Active
Size 1,975 SF
Lot size 0.17 Acres
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Building Details

Year Built 2026
Buildings 1
Listing Agency: Realty ONE Group Mountain Desert
Listed By: Kylie Elliott
Source: Thebergaminigroup
Added: Aug 13 Changed: Aug 30 Last Checked: Aug 30 at 8:23PM

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 Realty ONE Group Mountain Desert

Investment Insights

Based on property information with market context.

This new-construction duplex is planned as a complete two-unit residential building, with each unit offering approximately 1,975 square feet. The three-level design places a covered carport and private entry on the lower level, an open kitchen, living, and dining area with access to a private deck on the main floor, and three bedrooms, two bathrooms, and laundry upstairs. Construction is scheduled for 2026, with a Standard Finish Package and builder-coordinated finish selections available.

The property is located at 831 Hope St in Prescott, Arizona, within walking distance of downtown Prescott and adjacent to a seasonal stretch of Granite Creek. The land is being divided into three parcels, with each parcel planned at .17 acres and containing two units. The duplex format supports either occupancy of one residence while leasing the other or holding both units as a rental property.

Key Highlights

  • Two‑unit duplex building with approximately 1,975 sq ft per unit
  • Each unit includes 3 bedrooms and 2.5 baths across three levels
  • Covered carport, private entry, open great room, private deck, and upstairs laundry

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Dental Office Electrical Service Parking Lot & Garage Daycare Center

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

343
Businesses Nearby

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
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?
Duplex - Two residential units feature private entries, decks, carports, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 831 Hope St Prescott, AZ.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Two‑unit duplex building with approximately 1,975 sq ft per unit; Each unit includes 3 bedrooms and 2.5 baths across three levels; Covered carport, private entry, open great room, private deck, and upstairs laundry
More about this property
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