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    Prescott, AZ Multifamily Properties for Sale

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    Renovated Duplex With Guest House
    Updated: Aug 23
    Renovated Duplex With Guest House

    551 Gail Gardner Way, Prescott, AZ 86305

    $549,000
    0.16 AC lot
    Detached guest house with a separate primary residence
    Private yard for each residence
    New HVAC system, roof, dual‑pane windows, and landscaping
    0.16‑acre site with SF9 zoning
    Public water and electricity available
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    Leased 3-Unit Triplex
    Updated: May 28
    Leased 3-Unit Triplex

    615 W Hillside Avenue, Prescott, AZ 86301

    $699,000
    0.21 AC lot
    Three‑unit mix: two 2‑bedroom, 1‑bath residences and one 1‑bedroom, 1‑bath residence
    The residences at 613 and 615 W Hillside Avenue were built in 1934; 611 W Hillside Avenue was built in 1995
    All units are rented on year leases
    0.21‑acre property zoned MF‑H
    Address range: 611–615 W Hillside Avenue, Prescott, AZ 86301
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    Historic 17-Unit Apartment Building
    Historic 17-Unit Apartment Building

    320 S Cortez Street, Prescott, AZ 86303

    $3,286,000
    0.34 AC lot

    Brick-and-concrete 17-unit building with coin-operated laundry, gated parking, and a mix of studios and one-bedrooms.

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    See hot listings in Prescott

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    4-Unit Quadplex with Covered Parking
    4-Unit Quadplex with Covered Parking

    520 S Cortez St, Prescott, AZ 86303

    $1,130,000
    5,609 sqft

    Concrete construction includes four distinct floor plans and an owner’s residence.

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    Quadplex With Owner’s Unit
    Quadplex With Owner’s Unit

    520 S Cortez Street, Prescott, AZ 86303

    $1,130,000
    0.52 AC lot

    Four-unit property with MF-H zoning, covered parking, and a motorhome pad with full hookups near downtown Prescott.

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    Duplex with Covered Porches
    Duplex with Covered Porches

    509 1st Street, Prescott, AZ 86301

    $574,900
    0.19 AC lot

    Two matching residences offer efficient layouts, elevated foundations, and access to Prescott’s courthouse square and Whiskey Row.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    622 Western Avenue, Prescott, AZ 86305

    $999,000
    0.17 AC lot

    Fully occupied multifamily property with individually metered gas and electric service and month-to-month tenancies.

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    New Construction Duplex with Three-Level Layout
    New Construction Duplex with Three-Level Layout

    831 Hope St, Prescott, AZ 86303

    $1,249,000
    1,975 sqft 0.17 AC lot

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

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    8-Unit Apartment Building
    8-Unit Apartment Building

    314 S Virginia Street, Prescott, AZ 86303

    $1,100,000
    0.17 AC lot

    Multifamily property with on-site laundry facilities and MF-M zoning in Prescott.

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    Triplex with Remodeled Unit
    Triplex with Remodeled Unit

    324 N Mount Vernon Avenue, Prescott, AZ 86301

    $899,000
    0.17 AC lot

    Downtown Prescott property with three residential units, fenced grounds, public water, and MF-H zoning.

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    Renovated Downtown Triplex
    Renovated Downtown Triplex

    609 S Granite St, Prescott, AZ 86303

    $1,100,000
    2,569 sqft

    Three separate residences include updated interiors, private outdoor areas, and features suited to short-term or longer-term occupancy.

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    Duplex on Double Lot
    Duplex on Double Lot

    Prescott, AZ 86303

    $749,900
    0.34 AC lot

    The existing layout can serve as a duplex or a five-bedroom, three-bath residence.

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    12-Unit Apartment Portfolio
    12-Unit Apartment Portfolio

    214 N Arizona Ave, Prescott, AZ 86301

    $3,750,000
    11,600 sqft 0.64 AC lot

    Fully occupied multifamily asset with an office and modified NNN lease structure in Downtown Prescott.

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    Four-Residence Multifamily Portfolio
    Four-Residence Multifamily Portfolio

    705 Ruth St, Prescott, AZ 86301

    $1,275,000
    3,248 sqft

    Four separate residences span two adjacent parcels with city utilities and multiple parking areas.

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    Historic Downtown Duplex
    Historic Downtown Duplex

    117 W Aubrey St, Prescott, AZ 86303

    $660,000
    1,024 sqft

    Two separate residences offer updated kitchens, shared laundry, and courtyard space near Prescott’s historic downtown attractions.

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    Updated Three-Unit Residential Property
    Updated Three-Unit Residential Property

    324 N Mount Vernon Ave, Prescott, AZ 86301

    $899,000
    2,077 sqft

    Three residential units include a remodeled one-bedroom apartment and two additional one-bedroom and two-bedroom residences.

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    Two-Unit Duplex with Covered Porches
    Two-Unit Duplex with Covered Porches

    509 1st St, Prescott, AZ 86301

    $574,900
    1,334 sqft

    Paired residences offer efficient layouts, elevated foundations, and covered outdoor space within an MF-M zoning designation.

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    Three-Unit Multifamily Investment
    Three-Unit Multifamily Investment

    615 W Hillside Ave, Prescott, AZ 86301

    $699,000
    2,199 sqft

    Centrally located Prescott triplex with two 2-bedroom units and one 1-bedroom unit.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    622 Western Ave, Prescott, AZ 86305

    $999,000
    3,198 sqft

    Fully occupied apartment property with individually metered utilities and month-to-month tenancies.

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    Historic 17-Unit Apartment Building
    Historic 17-Unit Apartment Building

    320 S Cortez Street, Prescott, AZ 86303

    Contact for pricing
    10,000 sqft 0.34 AC lot

    Brick-and-concrete building with 17 units, on-site coin laundry, and gated lower-level parking for residents.

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    MULTI_FAMILY - Prescott, AZ
    MULTI_FAMILY - Prescott, AZ

    320 S Cortez St, Prescott, AZ 86303

    $3,286,000
    0.34 AC lot

    Brick-and-concrete 17-unit building with coin-operated laundry, gated parking, and a mix of studios and one-bedrooms.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    622/624 Western Ave. | 201/201 1/2/203 Garden St., Prescott, AZ 86305

    Contact for pricing
    3,198 sqft

    Fully occupied property with a varied unit mix, separate gas and electric metering, and month-to-month tenancies.

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    Luxury Apartments in Prescott, Arizona
    Luxury Apartments in Prescott, Arizona

    1257 White Spar Rd, Prescott, AZ 86303

    Contact for pricing
    63,808 sqft 3.18 AC lot

    Boutique multifamily community with modern finishes and tranquil environment.

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    20-Unit Apartment Building
    20-Unit Apartment Building

    309 S Montezuma Street, Prescott, AZ 86303

    $3,400,000

    The 1905 property sits within walking distance of downtown Prescott destinations.

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    Prescott, AZ Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Prescott, AZ, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 111,839 square feet of properties for sale, with an estimated market value of $29,008,700.

    Sale prices for multifamily properties in Prescott, AZ start at $549,000, averaging $1,381,366, and reaching up to $3,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 8
    Duplexes 7
    Triplexes 6
    Quadplexes 2
    Short term rental properties 2

    Demographics Overview

    Population 65K
    Population Growth (5Y) +11.7%
    Median Household Income $73,005
    College Educated 30.9%

    High-Yield Neighborhoods for Investment

    Identify Prescott submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    86305 $836.5K
    86301 $1.2M
    86303 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 3.01%
    Property Tax per SF $50.53 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yavapai County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Prescott, AZ

    • 86303
    • 86301
    • 86305

    Featured Prescott Real Estate Agencies

    Realmo connects you with licensed Prescott CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RealtyWebNet.Com
    374 Hackberry Circle Prescott, AZ 86301
    Phone: 19284452715
    www.RealtyWebNet.Com
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