622 Western Avenue, Prescott, AZ 86305

Prescott
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
622 Western Avenue,Prescott, AZ 86305
$999,000
  • - Beds
  • - Baths
  • 3,198 sq. ft.
  • Multi-family
  • Active
Listed by: abigail chartier, matthew fish
Office: arizona commercial
MLS#:1080130
Source:AZ_PAAR

Price summary

  • Price:$999,000
  • Price per sq. ft.:$312.38

About this home

Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of two 2-bedroom/1-bath units, two 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base.The property is fully occupied with a total annual gross income of $86,160.00, delivering immediate and stable cash flow. Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility.With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.

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Home facts

  • Year built:1930
  • Listing ID #:1080130
  • Added:51 day(s) ago
  • Updated:April 30, 2026 at 03:21 PM

Rooms and interior

  • Living area:3,198 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:3,198 sq. ft.
  • Lot area:0.17 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$312.38
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 April 30, 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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