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Prescott, AZ Real Estate and Homes for Sale in Prescott Original Townsite

Newest Prescott Original Townsite Homes for Sale

$1,100,000
1083481 MLS ACTIVE Status 7,405 Sqft. Lot
Exceptional investment opportunity in the heart of Prescott! This highly sought-after tri-plex is just minutes from Historic Downtown Prescott, Whiskey Row, restaurants, shopping, entertainment, and year-round community events.With a proven track record as a successful short-term rental and an excellent Airbnb guest rating, this income-producing property offers immediate appeal to investors seeking a turnkey vacation rental or those looking to expand their real estate portfolio. Each thoughtfully appointed unit provides guests with comfort, privacy, and the charm that makes Prescott one of Arizona's premier destinations.UNIT HIGHLIGHTS INCLUDE THE FOLLOWING:MAIN HOME is a beautifully renovated 1924 home, keeping it's historic charm with original hardwood floors and tin tile ceiling. Along with original vintage wood doors in bedrooms and closet. Mini splits have been added in both bedrooms and living room providing comfortable air conditioning and heat throughout. This home also has a private fully fenced patio area with low maintenance pavers and artificial grass for comfortable outdoor entertainment.UNIT A is a thoughtfully renovated 2 bedroom/1 bath with an office area/potential bedroom. Floors have been upgraded with luxury vinyl and kitchen with new appliances. A mini split had been added to the main living area with ceiling fans throughout the home. This home also has a separate laundry area just off the kitchen and a private entrance with outdoor patio space.UNIT B, similar to Unit A, this thoughtfully renovated home is a 3 bedroom/1 bath with new luxury vinyl floors and kitchen appliances. A mini split had been added to the main living area with ceiling fans throughout the home. This home also includes it's own washer and dryer, private entrance and patio area.ROOF COMPLETELY REPLACED IN 2022.INVESTMENT HIGHLIGHTS INCLUDE:Highly desirable downtown location minutes (.5 miles) from the Courthouse Plaza..Established, top-performing Airbnb property with excellent guest reviews.Three separate units offering multiple income streams. Strong year-round tourism marketIdeal for short-term, mid-term, or long-term rental strategies. Properties with this combination of location, proven rental performance, and income potential rarely come to market. Don't miss this opportunity to own one of Prescott's premier investment properties with an established reputation for exceptional guest experiences.Whether you're looking to maximize short-term rental income, house hack by living in one unit while renting the others, or maintain the property as a long-term investment, this versatile tri-plex offers exceptional flexibility and strong earning potential.

609 S Granite Street, Prescott

$3,286,000
1082558 MLS ACTIVE Status 14,810 Sqft. Lot
Prime Investment Opportunity: Historic 17-Unit Apartment Complex in Downtown Prescott. Presenting a rare and lucrative opportunity to acquire a historic multi-family property at 320 S. Cortez Street, located in the heart of downtown Prescott, Arizona. This well-maintained, 17-unit apartment building, known as The Pillars, offers a compelling investment in a highly desirable and stable rental market.Property highlights Historic charm: Built in 1919, this property boasts classic architectural features, and some units retain original hardwood flooring, offering residents a unique and sought-after living experience. Ideal unit mix: The building consists of 17 units, including 7 studios and 10 one-bedroom apartments, appealing to a wide range of tenants seeking downtown living. Prime downtown location: The complex is steps away from Prescott's iconic Courthouse Square, a destination for shopping, dining, and local events. Its central location ensures consistently high demand from tenants who desire a walkable, vibrant lifestyle. On-site amenities: A valuable feature for both tenants and investors, the property includes on-site, coin-operated laundry facilities and a gated lower-level entrance with private parking. Proven income stream: With a solid history as a rental property, this investment offers a reliable revenue source and significant upside potential for a new owner through strategic enhancements and market-rate adjustments. Solid construction: The brick-and-concrete building has an average construction quality and stands on a 0.34-acre lot, providing a durable foundation for long-term ownership.Investment potentialThis offering is perfect for investors looking to expand their portfolio with a high-demand, income-generating asset in Prescott, a market known for its strong rental performance. The Pillars provides a unique blend of historic appeal and modern investment stability. Some units have already been upgraded, and with an opportunity to continue renovations, a new owner can further increase property value and rental income.The Prescott rental market is consistently strong due to the city's robust local economy, popular tourist attractions, and a steady influx of new residents. As a relatively low-rise building, The Pillars offers a more intimate residential experience compared to larger, modern complexes.Property details Address: 320 S. Cortez St., Prescott, AZ 86303 Total units: 17 Year built: 1919 Total interior livable area: ~10,000 sq ft Lot size: 0.34 acres Features: On-site laundry, gated parking, historic details, mountain and city views from some unitsFor more information and to schedule a private viewing, contact our commercial real estate specialist Michael Aldridge 602.762.4830. This exceptional opportunity won't last long.Title is being held open see private remarks.

320 S Cortez Street, Prescott

$899,000
3 Beds 3 Baths 1081061 MLS 2,779 SqFt. ACTIVE Status 7,405 Sqft. Lot
DOWNTOWN PRESCOTT GEM PANORAMIC VIEWS NO HOA MULTI-FAMILY OPPORTUNITYWelcome to the downtown Prescott lifestyle you've been dreaming of -- where charm, comfort, and breathtaking scenery meet in perfect harmony. Built in 2015 and impeccably maintained, this stunning Craftsman-style home blends timeless character with modern construction, offering a rare opportunity you simply won't find again.From the moment you arrive, the expansive front porch invites you to relax and take in sweeping, unobstructed views of Thumb Butte and Granite Mountain -- the kind of backdrop that turns everyday moments into something extraordinary. Whether it's sunrise coffee or sunset gatherings, this home was made to be enjoyed.Step inside and feel the difference -- soaring raised 9-foot ceilings, rich engineered hardwood floors, and natural light pouring through Anderson double-pane windows create an open, airy elegance throughout. Beautiful Alderwood cabinetry and custom built-ins add warmth, craftsmanship, and thoughtful functionality in every corner of the home. The inviting living space is anchored by a cozy Lennox gas fireplace, while a dual-zone HVAC system ensures year-round comfort.Practical luxury continues with a spacious attached main-level three-car insulated garage, whole-house surge protection, and low-maintenance native landscaping supported by a drip system -- designed for easy living so you can focus on what matters most.Set on a combined 0.51-acre property, this offering includes two of the last remaining multi-family lots in downtown Prescott -- an incredibly rare investment and expansion opportunity. Whether you envision additional residences, income-producing units, or preserving the privacy and space, the possibilities are truly exceptional. And best of all -- NO HOA, giving you the freedom to make it your own.Downstairs, a large walkout basement with 8-foot ceilings provides even more versatility -- perfect for a workshop, private guest suite, multi-generational living, or a potential rental apartment.All of this is just minutes from the vibrant heart of downtown and the beloved Prescott Courthouse Plaza, where local events, dining, and charm create a lifestyle unlike any other.Opportunities like this don't come along often -- a modern home, iconic views, additional buildable lots, and a prime downtown location all in one remarkable package.Come experience it for yourself -- and make this Prescott dream your reality.

441 S Alarcon Street, Prescott

$1,185,000
1078584 MLS ACTIVE Status 22,651 Sqft. Lot
Exceptional Multi-Family Opportunity Near Downtown Prescott. Offered for the first time on the market, this rare four-plex is ideally located just moments from historic downtown Prescott, providing an outstanding opportunity for investors or owner-occupants alike. The property features four distinct floor plans constructed from 12 inch poured concrete walls, 4 inch thick concrete with steel web flooring girders. It includes a spacious owner's unit offering just over 1,600 square feet, perfect for comfortable on-site living while generating rental income from the remaining units with a beautiful covered temperature controlled Arizona room with west facing views. The four-plex presents an immediate income producing opportunity, with additional upside through light renovations and updates to further enhance value and long term returns, with a future elevator through a uniquely design shaft already on site. Situated on an oversized lot, the property has exterior covered parking, paved road and alley access, a fenced in garden area, along with a motorhome pad with full hookups available. The property also offers significant future potential, as current zoning allows for the expansion of an additional multi-family building, making this a compelling value add or development play. With its prime proximity to downtown amenities, dining, and entertainment, and opportunities like this rarely coming available, this is a truly special Prescott investment property that blends location, income, and future growth potential.

520 S Cortez Street, Prescott

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