$4,000,000
$36M PRICE DROP

403 Clark St Jerome, AZ 86331

Estimated payment $22,524/month

Total Views 2,085
-- Bed
-- Bath
21,849 Sq Ft
$183 Price per Sq Ft

Highlights

  • Tile Flooring
  • Baseboard Heating
  • Evaporated cooling system
  • Landscaped

About This Home

Step back in time and own piece of Jerome history! Perched majestically on the Jerome Hillside, overlooking the stunning Verde Valley, this 107 year old gem whispers tales of the past. Originally built in 1918 by the UVX Mining Company to house its medical staff, this mixed-use property boasts timeless architecture and a prime location in the heart of Jerome's bustling visitor district. Featuring 21 residential units, 9 commercial spaces, and an adjacent 0.61 acre parklng lot (48 spaces), this 21,850 sq ft property offers significant upside potential. Capitalize on the opportunity to increase rents, fill vacancies, and develop the additional lot for even greater income streams. With it's captivating history, walkable location, diverse tenant mix, and 315 feet of highway frontage

Listing Agent

Matthew Fish

Prescott Commercial Real Estat License #BR626105000 Listed on: 04/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,478

Year Built

  • Built in 1918

Lot Details

  • 0.56 Acre Lot
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • 21,849 Sq Ft Home
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Block And Beam Construction
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Tile

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Electric Water Heater
  • Phone Available

Community Details

  • Jerome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40106152h

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,478

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Cooling: Evaporative Cooling, Room Refrigeration
  • External Amenities: Landscape
  • Floors: Carpet, Concrete, Tile
  • Internal Amenities: Fire/Smoke Alarm
  • Roof Materials: Rolled/Hot Mop
  • Property Sub Type: Multi-Family
  • Assessor Parcel Number: 40106152h
  • Bathrooms: Interior
  • Type Of Building: 5 or More Units
  • Amount of Taxes: 7478.00
  • Lot Acreage: 0.56
  • Year Built: 1918
  • Directions: SR89A into Jerome. Just west of Haunted Hamburger
  • Special Features: None

Interior Features

  • Heating: Baseboard, Electric
  • Basement YN: No
  • Construction: Block, Frame - Wood, Stucco
  • Parking: Off Street
  • Property Type: Multi-Family
  • Road Access: Paved
  • Road Maintenance: City Maintained
  • Water Heater: Electric
  • Subdivision: Jerome
  • Management: Owner
  • Utilities Available: City Water, Electricity, Telephone

Tax Info

  • Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,046 -- -- --
2024 $6,993 -- -- --
2023 $6,993 $372,675 $15,941 $356,734
2022 $6,889 $331,054 $26,345 $304,709
2021 $7,177 $292,977 $26,345 $266,632
2020 $6,687 $0 $0 $0
2019 $6,546 $0 $0 $0
2018 $6,264 $0 $0 $0
2017 $6,743 $0 $0 $0
2016 $6,566 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $4,000,000 -90.0% $183 / Sq Ft
04/30/2025 04/30/25 For Sale $40,000,000 -- $1,831 / Sq Ft
Source: Sedona Verde Valley Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $590,000 Future Advance Clause Open End Mortgage
Closed $870,000 Commercial
Source: Public Records

Source: Sedona Verde Valley Association of REALTORS®

MLS Number: 539144

Sedona Verde Valley Association of REALTORS®

APN: 401-06-152H

Arizona Yavapai County Jerome 86331

403 Clark St, Jerome, AZ

This home is located at 403 Clark St, Jerome, AZ 86331 and is currently priced at $4,000,000, approximately $183 per square foot. This property was built in 1918. 403 Clark St is a home located in Yavapai County with nearby schools including Clarkdale-Jerome Elementary School and Mingus Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sedona Verde Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Matthew Fish
Listing Agent
Matthew Fish
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Prescott Commercial Real Estat
(520) 337-8686