622 Western Avenue, Prescott, AZ 86305
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 three 2-bedroom/1-bath units, one 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:190 day(s) ago
- Updated:September 16, 2026 at 04:15 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
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