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Prescott, AZ Multifamily Homes & Duplexes for Sale

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  • /18

    $550,000

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft

    222 S Penn Ave, Prescott, AZ 86303

    Turnkey duplex active vacation rental with two 2 bedroom/1 bath apartments, less than 1 mile from Courthouse Plaza--the center of downtown Prescott! Each unit has 960sf of tastefully decorated, low maintenance living space.Recent improvements include new solid bamboo flooring in living room and bedrooms, new water heaters, new central air conditioning, upgraded electrical systems, improved

    Kellie Rutherford Keller Williams Integrity First

    222 S Penn Ave, Prescott, AZ 86303
  • /38

    $699,000

    • 3 Beds
    • 2 Baths
    • 2,020 Sq Ft

    3445 E Sanddraw Cir, Prescott, AZ 86303

    MOTIVATED SELLER! Discover your dream home in The Ranch at Prescott! This stunning residence features a brand new roof (May 2025) and a sleek new HVAC system (December 2024), ensuring worry-free comfort. The open floorplan showcases beautiful wood flooring and abundant natural light from skylights throughout. The Arizona Room, with tinted windows for climate efficiency and privacy, is perfect for

    Jess Savoini Iannelli and Associates

    3445 E Sanddraw Cir, Prescott, AZ 86303
  • /74

    $899,000

    • 6 Beds
    • 4 Baths
    • 4,901 Sq Ft

    847 W Clubhouse Dr, Prescott, AZ 86303

    This unique 2 unit property is a fantastic investment opportunity just 5 minutes from downtown. It is ideal for multigenerational living, a group home, or living on one floor while renting out the others. Spanning 3 levels and 4,901 sq ft, it features 6 bedrooms & 4.5 baths, including 2 master suites & 2 full kitchens. Both large decks provide stunning views! The renovated lower level includes

    Sam Shapiro Realty ONE Group Mountain Desert

    847 W Clubhouse Dr, Prescott, AZ 86303
  • /20

    $1,600,000

    • 5 Beds
    • 5 Baths
    • 5,687 Sq Ft

    215 E Willis St, Prescott, AZ 86301

    PRIME LOCATION in Downtown Prescott (walking distance from ''The Square'') apartment building for vacation rental business or long-term leases. This building is currently operating with 5 long-term lease units and 3 vacation units (hosted on Airbnb) - no limitations to a new buyer making ALL of them vacation rentals if desired. Building underwent a significant renovation in 2020 that included:

    Jon Rocha Southwest Homes Realty

    215 E Willis St, Prescott, AZ 86301
  • /76

    $2,425,000

    • 5 Beds
    • 4 Baths
    • 9,700 Sq Ft

    3550 W Chipmunk Rd, Prescott, AZ 86305

    Fantastic opportunity for investment, Summer retreat or family compound all in one! Three separate living quarters, plenty of garage space, room to roam and bring your horses to beat the heat. Reserve your favorite space and share the rest. Whether you're dreaming of a multi-generational estate, an incredible equestrian retreat, car collector's haven, an entertainer's paradise, or desiring

    Geoffrey Hyland, PLLC eXp Realty

    3550 W Chipmunk Rd, Prescott, AZ 86305
  • /39

    $649,000

    • 2,501 Sq Ft

    122 N Willow St, Prescott, AZ 86305

    Charming historical home in the heart of Prescott. Minutes from the Courthouse square, restaurants, schools, and entertainment! Walking distance to Prescott College. This 2-story home is set up for main-level living with 1 bedroom, 2 bathrooms, laundry, and kitchen on the first floor. The upper level has 3 bedrooms and 2 baths with a convenient laundry chute in the owner's suite. Fresh

    Monica Teixeira PLLC Realty ONE Group Mountain Desert

    122 N Willow St, Prescott, AZ 86305
  • /54

    $875,000

    • 7 Beds
    • 5 Baths
    • 3,694 Sq Ft

    658 W Gurley St, Prescott, AZ 86305

    Great rental opportunity! Live in the main house rent the apartments or vice versa. Business General zoned, historic (tax savings) rental property with additional income opportunity in an unfinished 1,000+ sq. ft. Centrally located 0.6 miles from downtown and shopping. Main building is a five bedroom three bathroom home features updated windows, wood floors, three bedrooms with their own exterior

    Teresa Lohmeier Above The Best Realty LLC

    658 W Gurley St, Prescott, AZ 86305
  • /37

    $599,000

    • 4 Beds
    • 2 Baths
    • 2,114 Sq Ft

    113 N Pleasant St, Prescott, AZ 86301

    Built in 1877, the Otis house is a treasured example of everything historic & charming about Prescott. This lovely, Victorian ''lady'' is one of the oldest homes in Prescott & presents like a true period piece complete w/sitting room, parlor, staircase up to bedrooms, inviting front porch, gingerbread accents, & original windows. Additions made over the years incl. back kitchen, main floor bath

    Di Norkus Better Homes and Gardens Real Estate BloomTree Realty

    113 N Pleasant St, Prescott, AZ 86301
  • /50

    $825,000

    • 7 Beds
    • 5 Baths
    • 3,378 Sq Ft

    131 S Summit Ave, Prescott, AZ 86303

    Prime Investment Opportunity in Prescott, AZ - 7-Bedroom Rental Property with Tremendous UpsideLocated in the heart of Prescott, this spacious 7-bedroom property presents a rare and exciting investment opportunity. Whether you're expanding your portfolio or diving into your first income property, this versatile home offers strong rental potential and room for growth.Situated in a highly desirable

    Teresa Lohmeier Above The Best Realty LLC

    131 S Summit Ave, Prescott, AZ 86303
  • /65

    $1,995,000

    • 3 Beds
    • 3 Baths
    • 6,190 Sq Ft

    549 Sandpiper Dr, Prescott, AZ 86303

    Perched on nearly an acre, this 6190 Sq Ft custom masterpiece redefines luxury. Through a spectacular leaded-glass front entry and door, you are greeted by sweeping views of the San Francisco Peaks and the Dells. Inside, solid oak floors and knotty alder accents flow beneath dramatic lighted tongue-and-groove ceilings. With 3 bedrooms, an office with a Murphy bed, and 3.5 baths, living

    Dan Cardot HomeSmart

    549 Sandpiper Dr, Prescott, AZ 86303
  • /36

    $599,000

    • 4 Beds
    • 4 Baths
    • 1,813 Sq Ft

    434 S Cortez St, Prescott, AZ 86303

    Charming 4-Plex in the Heart of Downtown Prescott! This beautifully maintained multi-unit property offers unbeatable location and convenience--just a short walk to the historic Courthouse Square, famous Whiskey Row, and an array of local restaurants, shops, and events. Whether you're an investor or looking for a live-in opportunity with income potential, this 4-plex delivers charm, character, and

    Kevin Schmidt Keller Williams Arizona Realty

    434 S Cortez St, Prescott, AZ 86303
  • /30

    $3,200,000

    • 3 Beds
    • 3 Baths
    • 13,288 Sq Ft

    849 Sunset Ave, Prescott, AZ 86305

    Multi Unit income property in the heart of Prescott! The Landings stands as a beacon of investment opportunity. 15 units are 2bd/2bth and 1 unit is a 1bd/1bth. Electric on seperate meters for each untit. The consistently high occupancy rates underscore the desirability of this investment gem! All units are live on one level, have updated paint, flooring and full kitchens and have been wellupdated

    Kayla Stazenski Better Homes And Gardens Real Estate Bloomtree Realty

    849 Sunset Ave, Prescott, AZ 86305
  • /33

    $1,200,000

    • 8 Beds
    • 8 Baths
    • 3,694 Sq Ft

    338 Country Club Cir, Prescott, AZ 86303

    Excellent multi-unit investment property offering a rare chance to own prime income producing property bordering the Hassayampa golf course. Each unit features a 2 bedroom 2 bath designed for comfortable living with updated spacious layouts and functional floor plans. Located in a desirable, established neighborhood bordering the Hassayampa golf course, minutes from downtown, this property offers

    Jill Hunsucker Realty ONE Group Mountain Desert

    338 Country Club Cir, Prescott, AZ 86303
  • /18

    $599,000

    • 6 Beds
    • 3 Baths
    • 2,526 Sq Ft

    719 Bird St, Prescott, AZ 86301

    Situated in a highly desirable area close to downtown Prescott, shopping centers, and healthcare services, this Tri-Plex offers an attractive investment opportunity for individuals interested in generating passive income. Unit A and C are recently renovated two-bedroom, one-bathroom apartments includes a designated paved parking space directly in front of the unit. Unit B is in process of

    Abigail Chartier Arizona Commercial

    719 Bird St, Prescott, AZ 86301
  • /18

    $294,999

    • 2 Beds
    • 2 Baths
    • 1,121 Sq Ft

    3070 Smokey Rd Unit 17E, Prescott, AZ 86301

    Adorable 2 bedroom 2 bath condo with 1121 sq ft. This charming space has been completely remodeled in 2022 with new flooring, baseboards, all new light fixtures, window treatments, bathrooms have been remodeled and new paint throughout. The kitchen has been upgraded with new quartz countertop with bar overhang and new appliances. There is also a large pantry! Primary bedroom has a sitting room

    Denise Warfield HomeSmart

    3070 Smokey Rd Unit 17E, Prescott, AZ 86301
  • /36

    $499,000

    • 1 Bath
    • 722 Sq Ft

    322 N Rush St, Prescott, AZ 86301

    SPECIAL INCENTIVE IF CLOSED BEFORE 8/15/2025. Discover the potential of this oversized R3 buildable lot located near the renowned Yavapai College. The front house boasts charming hardwood flooring, a newer roof for peace of mind, an updated kitchen and bath, and the convenience of a laundry room. Adding to the property's versatility, a cozy back tiny house features a functional kitchenette, loft,

    Travis Fitch FSR Realty

    322 N Rush St, Prescott, AZ 86301
  • /33

    $699,000

    • 2 Beds
    • 3 Baths
    • 2,131 Sq Ft

    1233 Stetson Rd, Prescott, AZ 86303

    SPECIAL INCENTIVES IF CLOSED BEFORE 8/15/2025. This immaculate 3-unit property, conveniently located just 1 mile from downtown Prescott, presents a fantastic opportunity. Each unit is thoughtfully designed with private laundry two of the three units. Unit 1 is an Oversized 1 bedroom apartment with bonus room, dining area, spacious kitchen, inside laundry hookups. Living room features hardwood

    Travis Fitch FSR Realty

    1233 Stetson Rd, Prescott, AZ 86303
  • /45

    $725,000

    208 S Summit Ave, Prescott, AZ 86303

    4-plex and detached cottage in prime location near Prescott Courthouse priced to sell! All 5 units are 1 bedroom, 1 bathroom and have a strong occupancy history. The 4 plex needs to be remodeled to maximize rents and future value. Sizable storage building in backyard. Cottage has been remodeled. View this opportunity soon!! **Please also view the listing next door at 204 Summit online**

    Wade Crandell CMA Realty

    208 S Summit Ave, Prescott, AZ 86303
  • /23

    $599,000

    • 5 Beds
    • 3 Baths
    • 2,167 Sq Ft

    737 Dameron Dr, Prescott, AZ 86301

    2016 duplex plus 1954 home on one treed lot, plenty of parking, solid tenants, ready for your investment opportunity or make this a great multi-generational property for your own family! Duplex is 2 bed 1 bath on each side and house is 1 bed and 1 bath. Washer-Dryer hookups in each unit. House has storage loft and its own fencing, unit C of duplex has its own fenced yard as well. Duplex has

    Lora Porterfield Iannelli and Associates

    737 Dameron Dr, Prescott, AZ 86301
  • /16

    $735,000

    • 7 Beds
    • 6 Baths
    • 2,902 Sq Ft

    827 Lincoln Ave, Prescott, AZ 86301

    4 units on 1 property plus garage! 2 of these cute cottages were built in 1935, 2 more added in 1954 along with detached garage (according to County records). 2018 was extensive remodel with new windows, siding, paint (in and out), updated kitchens and bathrooms. 2 units have HVAC mini splits, 1 unit is natural gas HVAC and 1 unit is mini split and window AC. all units have their own address.

    Lora Porterfield Iannelli and Associates

    827 Lincoln Ave, Prescott, AZ 86301
  • /20

    $875,000

    • 9 Beds
    • 4 Baths
    • 3,595 Sq Ft

    121 N Willow St, Prescott, AZ 86305

    Here is your chance to own some Prescott History! This darling 4-plex has some lovely original details, wood floors, the old Prescott charm. Tenants are month to month and would love to stay, or a Buyer could change into an AirBnB. Being so close to downtown, there are a lot of options for an investor! Maybe an extended family would like to have their own apartments and live in one building?

    Lora Porterfield Iannelli and Associates

    121 N Willow St, Prescott, AZ 86305
  • /6

    $369,000

    • 4 Beds
    • 3 Baths
    • 2,040 Sq Ft

    815 Dameron Dr, Prescott, AZ 86301

    This property represents an excellent investment opportunity situated near Downtown Prescott, or it may serve as a first-time home offering rental income to assist with mortgage payments. The front residence, dating from 1955, features one bedroom and one bathroom, complemented by wooden flooring and a fenced yard. The rear structure is a double-wide mobile home containing three bedrooms and two

    Abigail Chartier Arizona Commercial

    815 Dameron Dr, Prescott, AZ 86301
  • /19

    $1,649,000

    • 4,686 Sq Ft

    500 Copper Basin Rd, Prescott, AZ 86303

    Situated amidst the vibrant shops and dining establishments along Highway 89 and in Downtown Prescott, this delightful rental property is ideally positioned just a few blocks from the Prescott Courthouse. Previously known as the Pine View Motel, the new ownership has undertaken significant renovations, transforming it into a profitable venture. Spanning a total of 4,686 square feet, this

    Abigail Chartier Arizona Commercial

    500 Copper Basin Rd, Prescott, AZ 86303

Why Live in Prescott

Prescott's historic Whiskey Row stands as the heart of downtown nightlife, while the iconic Courthouse Plaza hosts year-round community festivals against the backdrop of the Yavapai County Courthouse. The city features 450 miles of trails winding through the Granite Dells rock formations, including the scenic Prescott Peavine National Recreation Trail. Watson Lake draws residents for kayaking and fishing amid unique geological formations, while Goldwater Lake provides a peaceful setting for water activities. The World's Oldest Rodeo takes place annually at the Prescott Rodeo Grounds, celebrating the city's Western heritage. Local dining includes El Gato Azul's Mediterranean tapas and The Palace Restaurant and Saloon, one of America's top historic bars.

The median sale price for homes in Prescott is $634,000, with single-family homes commanding a median price of $725,000. Single-family homes in prestigious Hassayampa have a median price of $1,175,000, while Diamond Valley presents more affordable options with a median price of $389,900. Condominiums range from a median of $637,500 for one-bedroom units to $300,000 for two-bedroom units. The overall cost of living sits 21.4% above the national average. A family with school-age children needs approximately $127,000 annually to live comfortably, while renters should aim for $67,000. Property taxes remain relatively low at 0.44%, with a combined sales tax rate of 8.41%.

The city experiences four mild seasons with 300 days of sunshine annually and average summer highs in the mid-80s°F. Three public elementary schools have earned AMinus ratings from Niche, including Taylor Hicks School serving Diamond Valley and Lincoln Elementary School serving Forest Trails. Embry-Riddle Aeronautical University maintains its Prescott campus in the city. Prescott sits 100 miles north of Phoenix, typically a two-hour drive via Interstate 17 and State Route 69.

Home Trends in Prescott, AZ

Housing Trends

Median Sale Price
$685,000
Median Single Family Sale Price
$800,000
Median Townhouse Sale Price
$324,900
Median 2 Bedroom Sale Price
$297,500
Median 1 Bedroom Sale Price
$525,000
Average Price Per Sq Ft
$389
Number of Homes for Sale
115
Last 12 months Home Sales
781
Months of Supply
1.80
Median List Price
$765,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
3%
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