1490 W Gurley Street, Prescott, AZ 86305

New Listing
$795,000
Property Type: Commercial/Indstrial Square Footage: 1,902 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $795,000 List Date: 3/13/2026 Last Modified: 3/13/2026

Description

Fully remodeled and thoughtfully designed, this 1,902 sq. ft. three-unit property offers a rare blend of modern style and proven income potential in desirable Prescott. The sprinklered building has been extensively updated and is currently configured and fully serviced for short-term to medium-term rentals, making it an ideal opportunity for investors seeking immediate cash flow. Each (1/1) unit features stylish contemporary finishes, updated interiors, and comfortable living spaces designed to appeal to today's travelers and extended-stay guests. The property has an established rental history and is set up for seamless operation, offering a turnkey solution for those looking to capitalize on Prescott's strong tourism and relocation market. Whether expanding a portfolio or entering the thriving furnished-rental market, this modernized triplex combines flexibility, safety, and income stability in one of Northern Arizona's most sought-after destinations.

More Information MLS# 1080227

Contract/Address/Legal

List Price/SqFt: 418 Neighborhood: N/A Comm Type: Residential Income REO/Short Sale: Not Applicable Zoning: BG Zoning Description: Business General Assessor's Book #: 111 Assessor's Map #: 8 Assessor's Parcel #: 15 Assessor Parcel Ltr: a Legal: IDYLWILD - AN IRREG PCL BY M&B LYING IN THE NE4 OF LOT 395 AND SE 4 OF LOT 394 SEC 32-14-2

General Property Description

Aprx Acres: 0.18 Lot Size: 7,841 Buildings: 1 Source of Measuremnt: County Assessor Stories: 2 Parking Spaces: 6 Gross Vol/Yr $: 65820 Vac Rate %: 0 CAM $: 0 GRM: 0 CC & R Fees: 1902 Solar Y/N: No Date Available: 2026-03-12 Total Liveable SqFt: 1902 Year Built: 1983 NOI $: 49536 Cap %: 6.5 Baths - Full: 3

Tax Info

Taxes: 2609 Tax Year: 2025

Remarks & Misc

Directions: West on Gurley just past Josephine on the right. Remarks: Fully remodeled and thoughtfully designed, this 1,902 sq. ft. three-unit property offers a rare blend of modern style and proven income potential in desirable Prescott. The sprinklered building has been extensively updated and is currently configured and fully serviced for short-term to medium-term rentals, making it an ideal opportunity for investors seeking immediate cash flow. Each (1/1) unit features stylish contemporary finishes, updated interiors, and comfortable living spaces designed to appeal to today's travelers and extended-stay guests. The property has an established rental history and is set up for seamless operation, offering a turnkey solution for those looking to capitalize on Prescott's strong tourism and relocation market. Whether expanding a portfolio or entering the thriving furnished-rental market, this modernized triplex combines flexibility, safety, and income stability in one of Northern Arizona's most sought-after destinations.

Building Type

2-4 Units: 1 Office - Building: 1

Construction

Frame - Wood: 1 Stucco: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Mini-Split: 1

External Amenities

Fence: 1 Landscaped: 1

Flooring

Laminate: 1 Tile: 1

Heating

Natural Gas: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 Paved: 1

Roof

Asphalt Shingle: 1 Metal: 1

Bathrooms

Interior: 1

Business Location

Freestanding Bldg: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Commercial Amenities

None: 1

Utilities Installed

220: 1 Telephone: 1 Water - City: 1

Internal Amenities

Bathroom: 1 Ceiling Fan(s): 1 Fire/Smoke Detector: 1 Kitchen: 1 Sprinklers: 1

Parking

On-Site: 1

ContractAddressLegal

Original List Price: 795000 Listing Date: 2026-03-13 Status: Active Listing Price: 795000 Street #: 1490 Direction: W Street Name: Gurley St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86305 Subdivision: None County: Yavapai Tax Parcel: 111-08-015a

Property Features

Bathrooms: Interior Building Type: 2-4 Units; Office - Building Business Location: Freestanding Bldg Commercial Amenities: None Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Air; Mini-Split External Amenities: Fence; Landscaped Flooring: Laminate; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Sprinklers Parking: On-Site Records Available: Other - See Remarks Road Responsibility: Paved Roof: Asphalt Shingle; Metal Utilities Installed: 220; Telephone; Water - City
Listing Office: Arizona Commercial
Last Updated: March - 13 - 2026
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