314 S Virginia Street, Prescott, AZ 86303
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
314 S Virginia Street,Prescott, AZ 86303
$1,100,000
- - Beds
- - Baths
- 5,208 sq. ft.
- Multi-family
- Pending
Listed by: sandra f. shaffer, mary jo kirk
Office: invest southwest
MLS#:1084217
Source:AZ_PAAR
Price summary
- Price:$1,100,000
- Price per sq. ft.:$211.21
About this home
Positioned minutes from Prescott's vibrant Courthouse Plaza, this well-located 8-unit apartment complex presents an outstanding opportunity to acquire a multifamily asset in one of Northern Arizona's highly sought-after rental markets. Residents enjoy convenient access to downtown's restaurants, boutiques, entertainment, and employment centers, making this a desirable location for long-term tenancy. This property offers investors the opportunity to benefit from Prescott's strong downtown rental demand, and attractive lifestyle appeal. Whether implementing strategic value-add improvements, optimizing rental income over time or pursuing immediate cash flow, this property provides multiple avenues to enhance returns. Opportunities to acquire smaller apartment complexes in Prescott are increasingly limited. This 8-unit property offers investors the rare combination of location, consistent rental demand, and upside potential in a market that continues to experience strong housing demand and constrained multifamily supply....
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Home facts
- Year built:1980
- Listing ID #:1084217
- Added:39 day(s) ago
- Updated:September 16, 2026 at 07:17 AM
Rooms and interior
- Flooring:Carpet, Vinyl
- Living area:5,208 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Room Refrigeration
- Heating:Baseboard
Structure and exterior
- Year built:1980
- Building area:5,208 sq. ft.
- Lot area:0.17 Acres
- Levels:2 Story
Utilities
- Sewer:City Sewer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$211.21
- Tax amount:$1,277 (2025)
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