8515 E Leigh Dr Prescott Valley, AZ 86314
Estimated payment $3,491/month
Highlights
- No HOA
- Forced Air Heating System
- Baseboard Heating
- Landscaped
- Ceiling Fan
- Refrigerated and Evaporative Cooling System
About This Home
Investor's dream--fully occupied triplex in a rapidly growing Prescott Valley neighborhood offering strong, stable cash flow and excellent long-term appreciation potential. This property features well-maintained units: a spacious upper-level 3BD/2BA Unit #3 rented for $1,695/month (lease through 4/20/26), a 2BD/1BA unit below leased at $1,200/month Unit #2 (through 11/20/25), and a 1BD/1BA unit at $850/month on a flexible month-to-month basis Unit #1. Unit #1 has had a long time tenant and will need undating. Property has been diligently cared for with a new roof installed approximately six years ago, fresh exterior paint four years ago, and interior upgrades including new laminate flooring throughout, updated bathtubs, and interior paint in Units 2 and 3. Ideal for a hands-off investor or an owner-occupant seeking supplemental income, this turn-key opportunity sits in one of Prescott Valley's most sought-after rental corridors with continued demand and upside growth. Financials and cap rate available with accepted offer; showings preferred after offer acceptance to respect tenant privacy.
Listing Agent
Russ Lyon Sotheby's International Realty License #SA678307000 Listed on: 11/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,757
Year Built
- Built in 1973
Lot Details
- 8,596 Sq Ft Lot
- Landscaped
Home Design
- Triplex
Interior Spaces
- 2,960 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- Driveway
- Off-Street Parking
Utilities
- Refrigerated and Evaporative Cooling System
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- 3 Units
- Prescott Valley 11 Subdivision
Listing and Financial Details
- Assessor Parcel Number 44
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 | $1,737 | $38,011 | -- | -- |
| 2024 | $1,611 | $40,738 | -- | -- |
| 2023 | $1,611 | $33,251 | $4,619 | $28,632 |
| 2022 | $1,585 | $24,832 | $3,141 | $21,691 |
| 2021 | $1,627 | $23,036 | $3,028 | $20,008 |
| 2020 | $1,571 | $0 | $0 | $0 |
| 2019 | $1,550 | $0 | $0 | $0 |
| 2018 | $1,482 | $0 | $0 | $0 |
| 2017 | $1,453 | $0 | $0 | $0 |
| 2016 | $1,406 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Sale | $639,000 | +11.1% | $216 / Sq Ft | |
| 03/25/2022 03/25/22 | Sold | $575,000 | 0.0% | $194 / Sq Ft | View Prior Sale |
| 02/23/2022 02/23/22 | Pending | -- | -- | -- | |
| 02/03/2022 02/03/22 | For Sale | $575,000 | -- | $194 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $577,000 | Yavapai Title Agency | |
| Special Warranty Deed | $174,900 | First American Title Ins | |
| Trustee Deed | $256,700 | First American Title Ins | |
| Warranty Deed | $133,000 | Capital Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,750 | New Conventional | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $135,660 | VA |
Source: Prescott Area Association of REALTORS®
MLS Number: 1077517
APN: 103-28-044
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