520 S Cortez Street, Prescott, AZ 86303

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
520 S Cortez Street,Prescott, AZ 86303
$1,250,000
Virtual Tour
  • - Beds
  • - Baths
  • 5,609 sq. ft.
  • Multi-family
  • Active
Listed by: trent beaver
Office: better homes and gardens real estate bloomtree realty
MLS#:1078584
Source:AZ_PAAR

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$222.86

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 three distinct floor plans, including 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. 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. Situated on a triple lot, 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

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Home facts

  • Year built:1996
  • Listing ID #:1078584
  • Added:1 day(s) ago
  • Updated:January 08, 2026 at 05:58 PM

Rooms and interior

  • 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

Utilities

  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$222.86
  • Tax amount:$2,938 (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 8, 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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