121 N Willow Street, Prescott, AZ 86305

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
121 N Willow Street,Prescott, AZ 86305
$875,000
  • - Beds
  • - Baths
  • 3,600 sq. ft.
  • Multi-family
  • Active
Listed by: geoffrey r hyland, sheila mengarelli
Office: exp realty
MLS#:1078795
Source:AZ_PAAR

Price summary

  • Price:$875,000
  • Price per sq. ft.:$243.06

About this home

Here's your opportunity to own a piece of Prescott history! This charming 4-plex features lovely original details, wood floors, and the classic Prescott character buyers love. Ideally located close to downtown, this property offers excellent flexibility for investors--continue operating as long-term rentals, explore short-term rental potential (buyer to verify), or create a unique multi-generational living setup.The property is currently owner-managed and operating at an approximate 6.7% cap rate. Tenants are month-to-month and would like to remain, providing immediate income. With its prime location and multiple use options, this is a rare investment opportunity with strong upside.

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Home facts

  • Year built:1914
  • Listing ID #:1078795
  • Added:356 day(s) ago
  • Updated:January 15, 2026 at 09:40 PM

Rooms and interior

  • Living area:3,600 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Room Refrigeration
  • Heating:Natural Gas

Structure and exterior

  • Year built:1914
  • Building area:3,600 sq. ft.
  • Lot area:0.28 Acres

Utilities

  • Sewer:City Sewer

Finances and disclosures

  • Price:$875,000
  • Price per sq. ft.:$243.06
  • Tax amount:$1,323 (2025)
Copyright 2026 PRESCOTT AREA ASSOCATION OF REALTORS<REGISTERED_LOGO>, INC. Mulitple Listing Service. All rights reserved. Listings courtesy of Prescott Area AOR Inc MLS as distributed by MLS GRID <Last Updated January 15, 2026. Prescott Area AOR Inc MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Prescott Area AOR Inc MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Prescott Area AOR Inc MLS

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