131 S Summit Ave Prescott, AZ 86303
Estimated payment $4,629/month
Total Views
5,167
7
Beds
5
Baths
3,378
Sq Ft
$244
Price per Sq Ft
Highlights
- Wood Flooring
- Forced Air Heating System
- Evaporated cooling system
- Lincoln Elementary School Rated A-
- Ceiling Fan
- Fenced
About This Home
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 area known for its charm, community feel, and proximity to downtown, this property is ideal for long-term tenants, vacation rentals, or even a hybrid use. With multiple bedrooms and flexible living spaces, it easily accommodates large groups or multiple tenants, maximizing income potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,702
Year Built
- Built in 1942
Lot Details
- 9,583 Sq Ft Lot
- Fenced
Home Design
- Stucco Exterior
Interior Spaces
- 3,378 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- Driveway
- Off-Street Parking
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- 3 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 90
- Seller Concessions Not Offered
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2025 05/24/25 | Price Changed | $825,000 | -90.0% | $244 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $8,250,000 | +2846.4% | $2,442 / Sq Ft |
| 12/01/2016 12/01/16 | Sold | $280,000 | -35.5% | $83 / Sq Ft |
| 11/01/2016 11/01/16 | Pending | -- | -- | -- |
| 06/09/2016 06/09/16 | For Sale | $434,300 | -- | $129 / Sq Ft |
Source: Prescott Area Association of REALTORS®
Similar Homes in Prescott, AZ
Source: Prescott Area Association of REALTORS®
MLS Number: 1073549
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