502 Western Avenue, Prescott, AZ 86301
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
502 Western Avenue,Prescott, AZ 86301
$1,500,000
- - Beds
- - Baths
- 4,283 sq. ft.
- Multi-family
- Active
Listed by: amy kay parra, rehab boswell
Office: realty one group mountain desert
MLS#:1078679
Source:AZ_PAAR
Price summary
- Price:$1,500,000
- Price per sq. ft.:$350.22
About this home
Rare downtown Prescott multi-unit opportunity on one parcel. This Multi-Family High-Density (MF-H) zoned property features three residential units across two buildings totaling approximately 4,283 sq ft, offering strong income potential and flexible use for investors or owner-occupants.The primary residence at 502 Western is a unique 2,808 sq ft concrete home featuring ADA accessibility, elevator access, and a 2-car garage. The main level includes a bedroom with fireplace, family room, laundry, storage, bath, large safe, and elevator access. The upper level offers two bedrooms, two baths, and a spacious open living area with fireplace and kitchen, plus third-floor storage. Flooring, paint, and appliances were updated in 2020.The Summit Avenue structure totals approximately 1,475 sq ft and includes two additional residential units, updated in 2015. One unit offers two bedrooms, one 3/4 bath, living area, laundry, and private patio. The second unit is a studio apartment with kitchenette, 3/4 bath, and laundry.Property was previously licensed for short term rental use and was later permitted for short or long term residential occupancy accommodating up to 14 people. Multiple structures are located on one parcel.
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Home facts
- Year built:1960
- Listing ID #:1078679
- Added:45 day(s) ago
- Updated:February 26, 2026 at 11:58 AM
Rooms and interior
- Flooring:Carpet, Tile, Wood
- Living area:4,283 sq. ft.
Heating and cooling
- Cooling:Central Refrigeration
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Rolled/Hot Mop
- Year built:1960
- Building area:4,283 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Block, Stucco
- Exterior Features:Fence, Sprinkler/Drip
- Levels:1 Story
Utilities
- Sewer:City Sewer
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$350.22
- Tax amount:$1,610 (2025)
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