
403 Clark St Jerome, AZ 86331
Estimated payment $22,714/month
Highlights
- No HOA
- Landscaped
- Ceiling Fan
- Tile Flooring
- Forced Air Heating System
- Baseboard Heating
About This Home
Step back in time and own a 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 parking 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 its captivating history, walkable location, diverse tenant mix, and 315 feet of highway frontage you can
Listing Agent
Prescott Commercial Real Estate License #BR626105000 Listed on: 05/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,478
Year Built
- Built in 1918
Lot Details
- 1.17 Acre Lot
- Property fronts a state road
- Landscaped
- Additional Parcels
Parking
- Driveway
Home Design
- Block Foundation
- Rolled or Hot Mop Roof
- Stucco Exterior
Interior Spaces
- 21,849 Sq Ft Home
- 3-Story Property
- Ceiling Fan
Flooring
- Carpet
- Concrete
- Tile
Utilities
- Refrigerated and Evaporative Cooling System
- Evaporated cooling system
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Underground Utilities
- Master Meter
Listing and Financial Details
- Assessor Parcel Number 152
Community Details
Overview
- No Home Owners Association
- 30 Units
- Built by UVX Mining Company
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $590,000 | Future Advance Clause Open End Mortgage | |
Closed | $870,000 | Commercial |
Similar Home in Jerome, AZ
Source: Prescott Area Association of REALTORS®
MLS Number: 1072946

APN: 401-06-152H
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