539 Lincoln Avenue, Prescott, AZ 86301

$699,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,392 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $699,000 List Date: 4/17/2026 Last Modified: 5/01/2026

Description

DO NOT DISTURB TENANTS. Located within walking distance to downtown Prescott, this highly successful Superhost Airbnb duplex zoned multi family offers a rare opportunity to own both a prime location plus an established income-producing property. Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems, artificial turf, and fencing and so much more. See ''Feature Sheet'' in documents tab. Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fenced yard. The oversized lot also offers room for a future garage or additional improvements, adding even more long-term value. There is even a tuff shed for storage in the back. The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental. An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. The listing agent must confirm all showings, as this is an active Short-Term Rental.

More Information MLS# 1080329

Contract/Address/Legal

List Price/SqFt: 502 Residential Type: Site Built Single Family Land Lease: No Residential Status: Existing REO/Short Sale: Not Applicable Zoning: MF Auction: No Lot #: 20 Assessor's Book #: 113 Assessor's Map #: 8 Assessor's Parcel #: 112 Legal: HOME ACRE TR LESS N 50' OF LOT 20 AP48

General Property Description

Aprx Acres: 0.29 HOA Y/N: No Split Bedroom Plan: No Buildings: 2 Stories: 1 WH Gallons: 50 Aprx SqFt: 928 Source of Measurement: County Assessor Garage Attached: 0 Garage Detached: 0 Carport Attached: 0 Carport Detached: 0 Total Parking: 0 RV Garage/Parking: Yes Home Warranty: None Solar Y/N: No Age Restrictions Y/N: No Bedrooms: 2 Baths - Full: 1 Total Bathrooms: 1 Year Built: 1928 Total Liveable SqFt: 1392

Tax Info

Taxes: 1057 Tax Year: 2025

Remarks & Misc

Directions: From Downtown Prescott, Grove Avenue South. Right on Lincoln. There is no sign as this is an active short term rental. Remarks: DO NOT DISTURB TENANTS. Located within walking distance to downtown Prescott, this highly successful Superhost Airbnb duplex zoned multi family offers a rare opportunity to own both a prime location plus an established income-producing property. Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems, artificial turf, and fencing and so much more. See ''Feature Sheet'' in documents tab. Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fenced yard. The oversized lot also offers room for a future garage or additional improvements, adding even more long-term value. There is even a tuff shed for storage in the back. The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental. An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. The listing agent must confirm all showings, as this is an active Short-Term Rental.

Office/Member Info

Listing Exclusions: No

Construction

Frame - Wood: 1 Stone: 1 Other - See Remarks: 1

Cooling

Mini-Split: 1

Flooring

Vinyl: 1

Heating

Mini-Split: 1

Possession

At Recordation: 1

Records Available

None: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1 Paved: 1

Style

Cottage: 1

Road Responsibility

City Maintained Road: 1

Roof

Composition: 1 Other - See Remarks: 1

Interior Features

Beamed Ceilings: 1 Eat-in Kitchen: 1 Fireplace-Woodburn: 1 Formal Dining Area: 1 Granite Counters: 1 Kit/Din Combo: 1 Kitchen Island: 1 Liv/Din Combo: 1 Live on One Level: 1 Master On Main: 1 Pantry: 1 Smoke Detector(s): 1 Wash/Dry Connection: 1 Other: 1 See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Exterior Features

Dog Run: 1 Driveway-Gravel: 1 Fence - Backyard: 1 Fence - Privacy: 1 Guest House: 1 Landscaping-Front: 1 Landscaping-Rear: 1 Level Entry: 1 Patio - Open: 1 Storm Gutters: 1 See Remarks: 1

Utilities Installed

220: 1 Electricity: 1 Individual Meter: 1 Natural Gas: 1 Water - City: 1

Guest House

Bathrooms: 1 Bedrooms: 1 SqFt: 464

Water Heater

Natural Gas: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1 See Remarks: 1

Topo/Location

Level: 1 Other - See Remarks: 1

Foundation/Basement

Bsmt - Crawl: 1

Window/Coverings

Double Pane Windows: 1 Vertical Blinds: 1 Vinyl: 1

Views

Other: 1

Pets/Animals

Domestics: 1

Other Rooms

Laundry Room: 1 Storage: 1 Other - See Remarks: 1

RV/Garage/Park

Off Street: 1 Parking Spaces: 1 Other: 1 See Remarks: 1

Subdivision Features

None: 1

ContractAddressLegal

Original List Price: 715000 Listing Date: 2026-03-15 Status: Active Listing Price: 699000 Street #: 539 Street Name: Lincoln St Suffix: Avenue City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Subdivision: Home Acre Tract Tax Parcel: 113-08-112

Property Features

Style: Cottage Construction: Frame - Wood; Stone; Other - See Remarks Interior Features: Beamed Ceilings; Eat-in Kitchen; Fireplace-Woodburn; Formal Dining Area; Granite Counters; Kit/Din Combo; Kitchen Island; Liv/Din Combo; Live on One Level; Master On Main; Pantry; Smoke Detector(s); Wash/Dry Connection; Other; See Remarks Exterior Features: Dog Run; Driveway-Gravel; Fence - Backyard; Fence - Privacy; Guest House; Landscaping-Front; Landscaping-Rear; Level Entry; Patio - Open; Storm Gutters; See Remarks Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Washer; See Remarks Heating: Mini-Split Cooling: Mini-Split Flooring: Vinyl Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Water - City Roof: Composition; Other - See Remarks Views: Other Water Heater: Natural Gas Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Other Rooms: Laundry Room; Storage; Other - See Remarks Records Available: None Subdivision Features: None Possession: At Recordation
Listing Office: Realty ONE Group Mountain Desert
Last Updated: May - 01 - 2026
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