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    Luxury Apartments in Prescott, Arizona
    Updated: Mar 9
    Luxury Apartments in Prescott, Arizona

    1257 White Spar Rd, Prescott, AZ 86303

    $14,500,000
    63,808 sqft 3.18 AC lot
    Newly built (2024) luxury apartments in a desirable mountain setting of Prescott, Arizona.
    Prime location: close to downtown Prescott's Courthouse Square and nearby trailheads.
    Spacious floor plans with high‑quality finishes and modern conveniences.
    Every unit features a private one‑car garage with automatic opener.
    Energy‑efficient mini‑split heating and cooling systems, instant hot water, and high‑speed fiber optic internet access in each unit.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1257 White Spar Rd, Prescott, AZ 86303

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $680K
      Annual

    • Price @ 7% Cap

      $9.72M
      Suggested

    • Last Sold

      Apr 2015
      $700K

    • Property Type

      Waste Disposal, Sewage
      Built 2021
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    Renovated Tri-Plex with Private Patios
    Updated: Jul 9
    Renovated Tri-Plex with Private Patios

    609 S Granite Street, Prescott, AZ 86303

    $1,100,000
    0.17 AC lot
    Tri‑plex in Prescott with three separate units for multiple rental income streams
    Minutes from Historic Downtown Prescott/Whiskey Row, about 0.5 miles from Courthouse Plaza
    Main home: renovated 1924 home with original hardwood floors and tin tile ceiling, plus mini splits in bedrooms and living room
    Unit A: renovated 2 bed/1 bath with an office/potential bedroom, luxury vinyl floors, new kitchen appliances, and a mini split in the main living area
    Unit B: renovated 3 bed/1 bath with luxury vinyl floors and kitchen appliances, mini split in the main living area, and in‑unit washer/dryer
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    Prescott Multi-Unit Investment Opportunity
    Prescott Multi-Unit Investment Opportunity

    615 W Hillside Avenue, Prescott, AZ 86301

    $699,000
    0.21 AC lot

    Fully rented 3-unit property near downtown Prescott with income potential.

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    Remodeled Multifamily with Courtyard
    Remodeled Multifamily with Courtyard

    539 Lincoln Avenue, Prescott, AZ 86301

    $674,000
    0.29 AC lot

    Two upgraded residences on a 0.29-acre lot, each with private pet-friendly courtyard space for flexible short-term stays.

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    Renovated Motel with 11 Units
    Renovated Motel with 11 Units

    805 White Spar Road, Prescott, AZ 86303

    $1,550,000
    3,733 sqft 0.36 AC lot

    Turnkey 11-unit lodging property with newly renovated interiors, modern HVAC, and shared laundry facilities.

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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 1919 multifamily with on-site coin laundry and gated lower-level private parking.

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    Four-Residence Portfolio Property
    Four-Residence Portfolio Property

    705 Ruth Street, Prescott, AZ 86301

    $1,375,000
    0.16 AC lot

    Four separate residences on two adjacent parcels provide flexibility for rental and multi-generation occupancy.

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    Historic Multifamily Property
    Historic Multifamily Property

    346 S Montezuma Street, Prescott, AZ 86303

    $995,000
    0.14 AC lot

    Historic Wilder House is a commercially zoned multifamily asset with modern updates in downtown Prescott.

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

    320 S Cortez Street, Prescott, AZ 86303

    $3,286,000
    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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    Two-Structure Residential Income Property
    Two-Structure Residential Income Property

    747 & 749 Paul Drive, Prescott, AZ 86303

    $624,900
    0.87 AC lot

    Two separate structures on one parcel offer three living areas, including a 2 bed/2 bath home and two 1 bed/1 bath units.

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    Fourplex with Concrete Construction
    Fourplex with Concrete Construction

    520 S Cortez Street, Prescott, AZ 86303

    $1,185,000
    0.52 AC lot

    Four-plex with 12-inch poured concrete walls, owner’s unit, exterior covered parking, and paved road and alley access.

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    Downtown 5-Unit Multifamily Building
    Downtown 5-Unit Multifamily Building

    622 Western Avenue, Prescott, AZ 86305

    $999,000
    0.17 AC lot

    Five fully occupied apartments with month-to-month leases and individual gas and electric meters.

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    Prescott Multifamily Investment Opportunity
    Prescott Multifamily Investment Opportunity

    509 1st Street, Prescott, AZ 86301

    $574,900
    0.19 AC lot

    Two identical homes near courthouse square and Whiskey Row.

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    Multifamily Property Near Downtown
    Multifamily Property Near Downtown

    425 S Alarcon Street, Prescott, AZ 86303

    $1,095,000
    3,120 sqft

    Well-maintained multifamily property with recent upgrades and ample parking.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    324 N Mount Vernon Avenue, Prescott, AZ 86301

    $999,900
    0.17 AC lot

    Three tenant-occupied units offer a mix of layouts under MF-H zoning.

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    1939 Duplex Income Property
    1939 Duplex Income Property

    315 Garden Street, Prescott, AZ 86305

    $399,900
    0.17 AC lot

    Well-maintained 1939 duplex with two move-in ready units, dedicated laundry, and multiple on-site storage sheds.

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    Office Building with Duplex
    Office Building with Duplex

    731 W Gurley Street, Prescott, AZ 86305

    $915,000

    This versatile income property combines a commercial office building with 13 private offices and a duplex, plus a separately heated detached building.

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    Central Multi-Family Income Property
    Central Multi-Family Income Property

    658 W Gurley Street, Prescott, AZ 86305

    $819,000
    0.18 AC lot

    Multi-family property with three rented units and four-sided patios, zoned Business General.

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    Prescott Multifamily Investment Opportunity
    Prescott Multifamily Investment Opportunity

    622 Western Avenue, Prescott, AZ 86305

    $1,100,000

    Fully occupied 5-unit property in Prescott with strong income.

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    Renovated Triplex with Month-to-Month Tenants
    Renovated Triplex with Month-to-Month Tenants

    609 E Goodwin Street, Prescott, AZ 86303

    $727,000
    0.16 AC lot

    Triplex in-town on an MF_M zoned lot with fully renovated units and month-to-month tenant occupancy.

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    Three-Unit Multifamily Investment
    Three-Unit Multifamily Investment

    615 W Hillside Avenue, Prescott, AZ 86301

    $699,000

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

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    Prescott Multifamily Investment Opportunity
    Prescott Multifamily Investment Opportunity

    425 S Alarcon Street, Prescott, AZ 86303

    $1,095,000
    0.17 AC lot

    Well-maintained multifamily property near downtown Prescott and Courthouse Square.

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    Prescott Duplex: Investor Opportunity
    Prescott Duplex: Investor Opportunity

    815 Dameron Drive, Prescott, AZ 86301

    $319,000

    Two residences on one parcel near Downtown Prescott.

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    Historic Furnished Apartment Building
    Historic Furnished Apartment Building

    105 S Alarcon Street, Prescott, AZ 86303

    $2,195,000
    0.19 AC lot

    Ten fully furnished units—seven suites and three studios—within a historic, renovated apartment building.

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    Prescott, AZ Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Prescott, AZ, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 80,661 square feet of properties for sale, with an estimated market value of $55,334,553.

    Sale prices for residential income properties in Prescott, AZ start at $319,000, averaging $1,495,528, and reaching up to $14,500,000 — 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

    Multifamily properties 40
    Duplexes 16
    Apartment buildings 8
    Quadplexes 7
    Triplexes 6

    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 $715.2K
    86301 $1.1M
    86303 $2.5M

    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

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    Most Searched ZIP Codes in Prescott, AZ

    • 86303
    • 86301
    • 86305

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