324 N Mount Vernon Avenue, Prescott, AZ 86301

New Listing
$1,075,000
Property Type: Multi-Family Square Footage: 2,077 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $1,075,000 List Date: 2/13/2026 Last Modified: 2/13/2026

Description

Rare opportunity in the heart of downtown Prescott. This charming multi-unit property offers historic character, modern updates, and immediate rental income. The front home (Unit A), 2 bedrooms and 2 bathrooms. Remodel to be completed in 3 months or buy now and complete yourself at a reduced price. Side unit (B) is fully remodeled and features 1 bedroom and 1 bathroom. This unit is rented at $1,200/month. The rear unit (Unit C), a 518 sq ft, 1-bedroom home built in 1939, is also tenant occupied, generating $2,000/month.

More Information MLS# 1079541

Contract/Address/Legal

List Price/SqFt: 518 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: MF-H Assessor's Book #: 114 Assessor's Map #: 2 Assessor's Parcel #: 15 Legal: LOT 15 BLOCK 3 MOELLER ADD BOOK 2 PAGE 15

General Property Description

Aprx Acres: 0.17 Lot #: 15 Lot Size: 7,405 Buildings: 2 Source of Measuremnt: County Assessor Stories: 1 Management: Mgmt Company Solar Y/N: No More than 5 Units: No Total Liveable SqFt: 2077 Year Built: 1939 Baths - Full: 3

Tax Info

Taxes: 1304 Tax Year: 2025

Remarks & Misc

Directions: From Sheldon Street. North on Mt. Vernon Ave. Property located on the left. Remarks: Rare opportunity in the heart of downtown Prescott. This charming multi-unit property offers historic character, modern updates, and immediate rental income. The front home (Unit A), 2 bedrooms and 2 bathrooms. Remodel to be completed in 3 months or buy now and complete yourself at a reduced price. Side unit (B) is fully remodeled and features 1 bedroom and 1 bathroom. This unit is rented at $1,200/month. The rear unit (Unit C), a 518 sq ft, 1-bedroom home built in 1939, is also tenant occupied, generating $2,000/month.

Building Type

Triplex: 1

Construction

Brick: 1 Frame - Wood: 1

Cooling

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

External Amenities

Fence: 1

Flooring

Tile: 1 Vinyl: 1

Heating

Forced - Gas: 1 Natural Gas: 1

Owner Pays

Gas/Propane: 1 Trash: 1 Water: 1

Records Available

None: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Roof

Asphalt Shingle: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 Free and Clear: 1 VA: 1

Utilities Installed

220: 1 Cable TV: 1 Electricity: 1 Natural Gas: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1

Unit 1

Unit ID: A # BR: 2 # BA: 2 SqFt: 1290 Tenant Utilities: included

Unit 1 Parking

Off Street: 1

Unit 1 Info

Den/Family Room: 1 Dishwasher: 1 Disposal: 1 Fire/Smoke Detectors: 1 Laundry Room: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Storm Windows/Doors: 1 W/D Connection: 1

Unit 2

Unit ID: B # BR: 1 # BA: 1 SqFt: 269 Rent $: 1200

Unit 2 Parking

Off Street: 1

Unit 2 Info

Den/Family Room: 1 Fire/Smoke Detectors: 1 Range/Oven: 1 Refrigerator: 1 Storm Windows/Doors: 1

Unit 3

Unit ID: C # BR: 1 # BA: 1 SqFt: 518 Furniture: 1 Rent $: 2000

Unit 3 Parking

2 Car: 1 Off Street: 1

Unit 3 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Dishwasher: 1 Disposal: 1 Fire/Smoke Detectors: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1 W/D Connection: 1 Other - See Remarks: 1

ContractAddressLegal

Original List Price: 1075000 Listing Date: 2026-02-13 Status: Active Listing Price: 1075000 Street #: 324 Direction: N Street Name: Mount Vernon St Suffix: Avenue City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Tax Parcel: 114-02-015

Property Features

Building Type: Triplex Construction: Brick; Frame - Wood Cooling: Ceiling Fan(s); Mini-Split External Amenities: Fence Flooring: Tile; Vinyl Heating: Forced - Gas; Natural Gas Owner Pays: Gas/Propane; Trash; Water Records Available: None Road Frontage Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Underground; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: Off Street Unit 1 Info: Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Porch/Patio; Range/Oven; Storm Windows/Doors; W/D Connection Unit 2 Parking: Off Street Unit 2 Info: Den/Family Room; Fire/Smoke Detectors; Range/Oven; Refrigerator; Storm Windows/Doors Unit 3: Furniture Unit 3 Parking: 2 Car; Off Street Unit 3 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Listing Office: Keller Williams Arizona Realty
Last Updated: February - 13 - 2026
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