224 Madison Avenue, Prescott, AZ 86301
$225,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
1,296
Lot Size (sq. ft.):
7,405
Status:
Pending
Current Price:
$225,000
List Date:
8/02/2025
Last Modified:
11/18/2025
Description
Fix & Flip, scrape, redevelop or build your rental portfolio with this investor special. Zoned MF-M multi-family and already framed as a possible duplex with electrical and plumbing completed. Finish the project to build sweat equity in an ideal rental minutes from downtown or multi-gen/MIL suite. Room to add more units in the back. Take advantage of a great opportunity in a prime location!
More Information MLS# 1075304
Contract/Address/Legal
On-Market Date: 2025-08-02
List Price/SqFt: 174
Residential Type: Site Built Single Family
Land Lease: No
Residential Status: Existing
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: MF-M (MH)
Auction: No
Lot #: 14
Lot Size: 7,405
Assessor's Book #: 113
Assessor's Map #: 14
Assessor's Parcel #: 25
Legal: BASHFORD ADD 1ST SUB LOT 14 BLK 2 591/544
Irrigation Rights: No
General Property Description
Aprx Acres: 0.17
HOA Y/N: No
Split Bedroom Plan: No
Stories: 1
WH Gallons: 40
Aprx SqFt: 1296
Source of Measurement: County Assessor
Garage Attached: 0
Garage Detached: 0
Carport Attached: 0
Carport Detached: 0
Total Parking: 0
RV Garage/Parking: No
Home Warranty: None
Age Restrictions Y/N: No
Bedrooms: 2
Baths - Full: 1
Total Bathrooms: 1
Year Built: 1956
Total Liveable SqFt: 1296
Tax Info
Taxes: 658
Tax Year: 2024
Remarks & Misc
Directions: From Miller Valley head North on Lincoln Ave, East on Madison Ave, property is on the left/north side
Remarks: Fix & Flip, scrape, redevelop or build your rental portfolio with this investor special. Zoned MF-M multi-family and already framed as a possible duplex with electrical and plumbing completed. Finish the project to build sweat equity in an ideal rental minutes from downtown or multi-gen/MIL suite. Room to add more units in the back. Take advantage of a great opportunity in a prime location!
Office/Member Info
Listing Exclusions: No
Construction
Frame - Wood: 1
Cooling
Central Air: 1
Flooring
Other: 1
Heating
Forced - Gas: 1
Possession
At Recordation: 1
Records Available
None: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Composition: 1
Interior Features
See Remarks: 1
Terms & Conditions
Conventional: 1
Exterior Features
See Remarks: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Individual Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Appliances
See Remarks: 1
Topo/Location
Other - See Remarks: 1
Foundation/Basement
Bsmt - None: 1
Window/Coverings
Other: 1
Views
City: 1
Pets/Animals
Domestics: 1
Other Rooms
None: 1
RV/Garage/Park
Street Parking: 1
Subdivision Features
None: 1
ContractAddressLegal
Original List Price: 300000
Listing Date: 2025-07-30
Status: Pending
Listing Price: 225000
Street #: 224
Street Name: Madison
St Suffix: Avenue
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Subdivision: Bashford Tract
Tax Parcel: 113-14-025
Status Change Info
Under Contract Date: 2025-11-17
Property Features
Construction: Frame - Wood
Interior Features: See Remarks
Exterior Features: See Remarks
Appliances: See Remarks
Heating: Forced - Gas
Cooling: Central Air
Flooring: Other
Utilities Installed: Cable TV; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Roof: Composition
Water Heater: Natural Gas
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Other Rooms: None
Records Available: None
Subdivision Features: None
Possession: At Recordation
Listing Office:
Real Broker
Last Updated: November - 18 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.