Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prescott Valley Duplex Opportunity Title is generated by Realmo AI

    8501 E Leigh Drive, Prescott Valley, AZ 86314

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Well-maintained duplex with strong rental history in central Prescott Valley.

    Type:Multifamily
    Property size:
    2,160 SF
    Price / SF:
    $254/SF
    Added:
    Feb 7, 2026
    Days on Market:
    114
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 8501 E Leigh Drive

    General Information

    Standard status
    Active
    Size
    2,160 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    2003

    We can help!

    Listing Contact
    Alexander Halenka
    Alexander Halenka

    Listing agent Alexander Halenka License #SA681665000

    Listing office Realty One Group Mountain Desert

    Listing date Feb 7, 2026

    Source Crexi

    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

    HighLights

    • Premier duplex in central Prescott Valley, ideal for investors or owner‑occupants.
    • Strong rental history with quality tenants and recent upgrades, including a new roof in 2024 and new carpet in both units.
    • Unique private setting on a long, secluded driveway, offering peace and separation.
    • Each unit features 1,080 sq ft with 2 bedrooms, 2 bathrooms, and a 1‑car garage.
    • Conveniently located near schools, parks, shopping, and dining.
    • Built in 2003, indicating relatively modern construction.

    Overview

    Located in central Prescott Valley, the property at 8501 East Leigh Drive presents a duplex suitable for investors or owner-occupants. The property has been well-maintained. Each of the two units offers 1,080 square feet of living space, featuring two bedrooms, two bathrooms, and a one-car garage. Recent upgrades include a new roof installed in 2024 and new carpet in both units. The property is set back from neighboring homes via a long, secluded driveway, providing privacy. The property is located close to schools, parks, shopping, and dining options. Unit B is available for showings, and Unit A may be shown upon an accepted contract. Both units have an identical layout, condition, and quality. The property offers location, condition, privacy, and long-term value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prescott Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.3159924
    Latitude
    34.5986757

    Nearby Similar for Sale

    • $595,000
      2,460 SF

      Professional Office Building, Prescott Valley

      Move-in-ready office building in a visible Prescott Valley location.
      3681 N Robert Road, Prescott Valley, AZ 86314
      View Details
    • $560,000
      2,174 SF

      Prescott Valley Duplex Investment Opportunity

      Well-maintained duplex with spacious units and private backyards.
      3028 N Truwood Drive, Prescott Valley, AZ 86314
      View Details
    • $4,000,000
      42,300 SF

      Equipped Greenhouse Facility in Prescott

      Turnkey greenhouse facility for commercial cultivation or agricultural operations.
      10282 E Valley Road, Prescott Valley, AZ 86314
      View Details
    • $10,250,000
      30,554 SF

      Industrial Campus in Prescott Valley

      Three-building industrial campus on 2.9 acres, suitable for various uses.
      9500 E Lorna Lane, Prescott Valley, AZ 86314
      View Details
    • $699,000
      1,600 SF

      Prescott Valley Duplex on Large Lot

      Duplex with solar, updated unit, and development potential.
      4501 N Jokake Circle, Prescott Valley, AZ 86314
      View Details
    • $520,000
      2,160 SF

      Prescott Valley Duplex Opportunity

      Well-maintained duplex in central Prescott Valley with solid rental history.
      8501 E Leigh Drive, Prescott Valley, AZ 86314
      View Details
    • $508,000
      2,104 SF

      Prescott Valley Duplex For Sale

      Investment opportunity: duplex with recent upgrades in Prescott Valley, AZ.
      8424 E Stevens Drive, Prescott Valley, AZ 86314
      View Details
    • $465,000
      960 SF

      Prescott Valley Duplex Investment

      Duplex with two units near shopping, restaurants, and schools.
      3211 N Bumblebee Drive, Prescott Valley, AZ 86314
      View Details
    • $525,000

      Prescott Valley Duplex Investment Opportunity

      Well-maintained duplex near shopping, schools, and entertainment district.
      8348 E Stevens Drive, Prescott Valley, AZ 86314
      View Details
    • $520,900

      Prescott Valley Duplex For Sale

      Duplex in great location with excellent rental history.
      7076 E Spouse Drive, Prescott Valley, AZ 86314
      View Details
    • $469,900
      844 SF

      Prescott Valley Duplex Investment Opportunity

      Duplex in Prescott Valley with large lot and garages.
      3055 N Corrine Drive, Prescott Valley, AZ 86314
      View Details
    • $639,000

      Prescott Valley Multifamily Renovated Duplex

      Renovated duplex in Prescott Valley, vacant unit for easy showing.
      7144 E Thrush Lane, Prescott Valley, AZ 86314
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with strong rental history in central Prescott Valley.
    Where is this duplex located?
    The property is located at 8501 E Leigh Drive Prescott Valley, AZ.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Premier duplex in central Prescott Valley, ideal for investors or owner‑occupants.; **Strong rental history with quality tenants and recent upgrades, including a new roof in 2024 and new carpet in both units.**; Unique private setting on a long, secluded driveway, offering peace and separation.
    (928) 583-4040 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alexander Halenka
    Alexander Halenka
    Real Estate License ID: SA681665000
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8501 E Leigh Drive, Prescott Valley, AZ 86314
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!