520 S Cortez Street, Prescott, AZ 86303
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
Listed by: trent beaver
Office: better homes and gardens real estate bloomtree realty
MLS#:1078584
Source:AZ_PAAR
Price summary
- Price:$1,185,000
- Price per sq. ft.:$211.27
About this home
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 a triple 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....
Contact an agent
Home facts
- Year built:1996
- Listing ID #:1078584
- Added:182 day(s) ago
- Updated:July 09, 2026 at 04:18 PM
Rooms and interior
- Flooring:Carpet, Tile
- Living area:5,609 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Refrigeration
- Heating:Heat Pump, Natural Gas
Structure and exterior
- Roof:Metal
- Year built:1996
- Building area:5,609 sq. ft.
- Lot area:0.52 Acres
- Construction Materials:Block, Stucco
- Levels:2 Story
Utilities
- Sewer:City Sewer
Finances and disclosures
- Price:$1,185,000
- Price per sq. ft.:$211.27
- Tax amount:$2,938 (2025)
New listings near 520 S Cortez Street
- New
$425,000Active2 beds 2 baths952 sq. ft.918 S Lavalley Drive, Prescott, AZ 86303
MLS# 7051780Listed by: REALTY EXECUTIVES ARIZONA TERRITORY - New
$275,000Active2 beds 2 baths910 sq. ft.717 S Granite Street #3, Prescott, AZ 86303
MLS# 1083517Listed by: BERKSHIRE HATHAWAY HOMESERVICE AZ PROPERTIES - New
$1,100,000Active-- beds -- baths2,569 sq. ft.609 S Granite Street, Prescott, AZ 86303
MLS# 1083481Listed by: REALTY ONE GROUP MOUNTAIN DESERT - New
$1,150,000Active4 beds 4 baths2,976 sq. ft.2914 N Flying Dream Street, Prescott, AZ 86301
MLS# 1083515Listed by: REALTY ONE GROUP MOUNTAIN DESERT - New
$320,000Active2 beds 3 baths1,276 sq. ft.371 Rim Rock Circle #2, Prescott, AZ 86303
MLS# 7051589Listed by: NATIONAL REALTY OF ARIZONA - New
Listed by BHGRE$736,000Active2 beds 2 baths1,834 sq. ft.1696 Constable Street, Prescott, AZ 86301
MLS# 1083513Listed by: BETTER HOMES & GARDENS REAL ESTATE BLOOMTREE REALTY - New
$695,000Active2 beds 2 baths1,684 sq. ft.1472 Varsity Drive, Prescott, AZ 86301
MLS# 1083514Listed by: REALTY ONE GROUP MOUNTAIN DESERT - New
$1,600,000Active3 beds 2 baths2,531 sq. ft.11600 N Cowboy Trail, Prescott, AZ 86305
MLS# 1083510Listed by: SUPERLATIVE REALTY - New
$200,000Active0.61 AcresLot 7 Boulder Creek Lane, Prescott, AZ 86305
MLS# 1083422Listed by: SUPERLATIVE REALTY - New
$150,000Active0.51 AcresLot 5 Boulder Creek Lane, Prescott, AZ 86301
MLS# 1083423Listed by: SUPERLATIVE REALTY