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New Construction Duplex with Private Decks
For Sale
$1,249,000

831 Hope Street, Prescott, AZ 86303

Residential Income, Prescott, AZ

Property SizeContact for details
Lot Size0.49 Acres
Days on Market51

Property Features for 831 Hope Street

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning BG
Bedrooms 6
Bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1
Exterior features Balcony
Standard status Active
APN 36
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NEW DESC: MILE HIGH PROPERTIES NO 2 LOTS 36, 37 & 8
Tax Annual Amount 960
Legal Description NEW DESC: MILE HIGH PROPERTIES NO 2 LOTS 36, 37 & 8

Utilities

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

Building Details

Year built 2026
Floors in Building 3
Number of units 2
Flooring type Carpet, Laminate, Vinyl, Tile
Building materials Block, Frame
Roof type Asphalt
Listing Agency: Realty ONE Group Mountain Desert
Listed By: Kylie Elliott
Added: Jul 3 Changed: Aug 22 Last Checked: Aug 22 at 4:06AM
MLS# 1083409

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 two-unit residential income property is under construction, with completion identified for 2026. Each unit is approximately 1,975 square feet and arranged across three levels. The lower level provides a covered carport and private entrance, while the main level combines kitchen, living, and dining areas with access to a private deck. The upper level contains three bedrooms, two bathrooms, and laundry space. Construction materials include block and frame, with vinyl, carpet, tile, and laminate flooring planned. Natural gas heating, central air, ceiling fans, public water, and asphalt roofing are specified.

The property is located at 831 Hope Street in Prescott, Arizona, with the source describing downtown Prescott as within walking distance. Zoning is BG. The offering is being developed as one of three side-by-side duplex buildings, with the land being divided into three parcels; each parcel is planned at 0.17 acres and includes two units. The property also includes balcony features and natural gas availability.

Key Highlights

  • Two‑unit duplex with approximately 1,975 square feet per unit
  • Each unit includes 3 bedrooms and 2.5 baths across three levels
  • Covered carport, private entry, and private deck provided for each unit

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-unit property under construction with flexible three-level layouts, covered carports, and private outdoor space.
Where is this duplex located?
The property is located at 831 Hope Street 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 with approximately 1,975 square feet per unit; Each unit includes 3 bedrooms and 2.5 baths across three levels; Covered carport, private entry, and private deck provided for each unit
More about this property
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