105 S Alarcon Street, Prescott, AZ 86303

New Listing
$2,335,000
Property Type: Multi-Family Square Footage: 7,274 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $2,335,000 List Date: 2/12/2026 Last Modified: 2/12/2026

Description

Mansion by the Square represents a distinguished vacation rental destination with significant investment potential. This historic property has undergone extensive capital improvements while preserving its rich local heritage, offering guests an authentic and memorable experience in a prime location. Strategically positioned in close proximity to Courthouse Square, the property provides guests with convenient access to an array of dining establishments, retail shops, and community events. The building comprises ten fully furnished units, including seven spacious suites and three well-appointed studios, catering to a diverse range of guest preferences and group sizes. The property's rental strategy demonstrates strong growth potential. Initial rates were deliberately set at competitive entry points to establish market presence and generate positive reviews across major vacation rental platforms. This approach has proven successful, with rental rates now experiencing steady upward momentum as the property's reputation continues to strengthen. With its combination of historical character, modern improvements, strategic location, and demonstrated revenue growth trajectory, Mansion by the Square presents an exceptional opportunity for investors seeking to enter or expand within the thriving vacation rental market.

More Information MLS# 1079524

Contract/Address/Legal

List Price/SqFt: 321 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: BG Assessor's Book #: 109 Assessor's Map #: 1 Assessor's Parcel #: 52 Legal: LOT A BLOCK 17 PRESCOTT BOOK 4 PAGE 22

General Property Description

Aprx Acres: 0.19 Lot #: A Lot Size: 8332 Bedrooms Possible: 10 HOA Y/N: No Buildings: 1 Source of Measuremnt: County Assessor Stories: 4 Management: Mgmt Company Gross Vol/Yr $: 327544 CAM $: 72150 Solar Y/N: No More than 5 Units: Yes Total Liveable SqFt: 7274 Year Built: 1895 NOI $: 151732 Cap %: 6 Baths - Full: 10

Tax Info

Taxes: 2947 Tax Year: 2023

Remarks & Misc

Directions: 2 Blocks East of the Square. Gurley to Alarcon, south on Alarcon to first property on left. Remarks: Mansion by the Square represents a distinguished vacation rental destination with significant investment potential. This historic property has undergone extensive capital improvements while preserving its rich local heritage, offering guests an authentic and memorable experience in a prime location. Strategically positioned in close proximity to Courthouse Square, the property provides guests with convenient access to an array of dining establishments, retail shops, and community events. The building comprises ten fully furnished units, including seven spacious suites and three well-appointed studios, catering to a diverse range of guest preferences and group sizes. The property's rental strategy demonstrates strong growth potential. Initial rates were deliberately set at competitive entry points to establish market presence and generate positive reviews across major vacation rental platforms. This approach has proven successful, with rental rates now experiencing steady upward momentum as the property's reputation continues to strengthen. With its combination of historical character, modern improvements, strategic location, and demonstrated revenue growth trajectory, Mansion by the Square presents an exceptional opportunity for investors seeking to enter or expand within the thriving vacation rental market.

Building Type

5+ Units: 1

Construction

Frame - Wood: 1

Cooling

Ceiling Fan(s): 1 Room Refrigeration: 1

External Amenities

Landscaped: 1 Laundry Facilities: 1 Patio/Deck/Balcony: 1 Sprinkler/Drip: 1

Flooring

Wood: 1

Heating

Radiant: 1 See Remarks: 1

Owner Pays

All: 1

Records Available

Other - See Remarks: 1

Road Frontage Type

City Street: 1

Road Surface Type

Paved: 1

Road Responsibility

City Maintained Road: 1

Roof

Other - See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Sold Furnished: 1

Utilities Installed

220: 1 Electricity: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Central Boiler: 1 Natural Gas: 1 Other - See Remarks: 1

Unit 1

Unit ID: THE LILY # BR: 1 # BA: 1 SqFt: 675 Furniture: 1

Unit 1 Parking

Off Street: 1

Unit 1 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Microwave: 1 Refrigerator: 1 Security System: 1

Unit 2

Unit ID: THE GRAND SUITE # BR: 1 # BA: 1 SqFt: 750 Furniture: 1

Unit 2 Parking

1 Car: 1 Off Street: 1

Unit 2 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Fire/Smoke Detectors: 1 Fireplace: 1 Microwave: 1 Range/Oven: 1 Refrigerator: 1 Security System: 1

Unit 3

Unit ID: 1B SPEAKEASY # BA: 1 SqFt: 380 Furniture: 1

Unit 3 Parking

1 Car: 1 Off Street: 1

Unit 3 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1 Security System: 1

Unit 4

Unit ID: 2B MURPHY SUITE # BR: 2 # BA: 1 SqFt: 850 Furnished: 1

Unit 4 Parking

1 Car: 1 Off Street: 1

Unit 4 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Fire/Smoke Detectors: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1 Security System: 1

Unit 5

Unit ID: 3 TRANQUILITY SUITE # BR: 1 # BA: 1 SqFt: 550 Furnished: 1

Unit 5 Parking

1 Car: 1 Off Street: 1

Unit 5 Info

Ceiling Fan(s): 1 Microwave: 1 Range/Oven: 1 Refrigerator: 1 Security System: 1

ContractAddressLegal

Original List Price: 2335000 Listing Date: 2026-02-12 Status: Active Listing Price: 2335000 Street #: 105 Direction: S Street Name: Alarcon St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86303 County: Yavapai Tax Parcel: 109-01-052

Property Features

Building Type: 5+ Units Construction: Frame - Wood Cooling: Ceiling Fan(s); Room Refrigeration External Amenities: Landscaped; Laundry Facilities; Patio/Deck/Balcony; Sprinkler/Drip Flooring: Wood Heating: Radiant; See Remarks Owner Pays: All Records Available: Other - See Remarks Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Other - See Remarks Utilities Installed: 220; Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Central Boiler; Natural Gas; Other - See Remarks Unit 1: Furniture Unit 1 Parking: Off Street Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Microwave; Refrigerator; Security System Unit 2: Furniture Unit 2 Parking: 1 Car; Off Street Unit 2 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Fireplace; Microwave; Range/Oven; Refrigerator; Security System Unit 3: Furniture Unit 3 Parking: 1 Car; Off Street Unit 3 Info: Ceiling Fan(s); Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; Security System Unit 4: Furnished Unit 4 Parking: 1 Car; Off Street Unit 4 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; Security System Unit 5: Furnished Unit 5 Parking: 1 Car; Off Street Unit 5 Info: Ceiling Fan(s); Microwave; Range/Oven; Refrigerator; Security System
Listing Office: Arizona Commercial
Last Updated: February - 12 - 2026
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