431 S Cortez Street, Prescott, AZ 86303

Prescott
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
431 S Cortez Street,Prescott, AZ 86303
$296,999
  • 2 Beds
  • 1 Baths
  • 827 sq. ft.
  • Single family
  • Active
Listed by: shane parker
Office: homesmart fine homes and land
MLS#:1081638
Source:AZ_PAAR

Price summary

  • Price:$296,999
  • Price per sq. ft.:$359.13

About this home

Prime redevelopment opportunity for investors and builders. This single-family property sits on a generously sized lot already zoned for high-density multi-family use, offering significant upside potential. The existing structure is a teardown, making way for a new construction project that can fully capitalize on the favorable zoning and downtown Prescott location. Located in a growing area with strong short and long-term rental demand, this site is ideal for redevelopment. Utilities are in place, and the lot offers convenient front and rear access, providing easy entry in case of multiple unit development, as well as streamlining the building process. Whether you're looking to add doors to your portfolio or develop and sell, this is a rare chance to secure land downtown Prescott, only two blocks from the Courthouse Plaza and Whiskey Row. Opportunities like this are becoming increasingly scarce; bring your vision and maximize the potential.

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Home facts

  • Year built:1932
  • Listing ID #:1081638
  • Added:52 day(s) ago
  • Updated:June 24, 2026 at 05:28 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Basement Description:Piers
  • Living area:827 sq. ft.

Heating and cooling

  • Heating:Forced - Gas

Structure and exterior

  • Roof:Composition
  • Year built:1932
  • Building area:827 sq. ft.
  • Lot area:0.18 Acres
  • Levels:1 Story

Utilities

  • Sewer:City Sewer

Finances and disclosures

  • Price:$296,999
  • Price per sq. ft.:$359.13
  • Tax amount:$535 (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 June 24, 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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