325 E Union Street, Prescott, AZ 86303

$1,325,000
Property Type: Multi-Family Square Footage: 3,583 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $1,325,000 List Date: 3/30/2026 Last Modified: 4/01/2026

Description

One of a kind income property in beautiful downtown Prescott, just a stroll to the Historic Courthouse Square. Property listed on the Historic Register, original build being 1919, the 3rd unit being added in the 2002, but in-keeping with the flair of the original charming structure. Updated throughout, including plumbing & electrical. Operating as a successful medium term rental business (94% of occupancy in 2025 was 1-6 months leases) with financial reports showing consistent figures, available to qualified serious buyers. Three units total; The Cottage - 1400 sq ft, 2 bed/2 bath, single level with large, private courtyard for outside living. The Townhouse: 1100 sq ft, 2 bed/I.5 bath, 2 levels w personal yard space. The Terrace: 1100 sq ft, 2 bed/1 bath, upper unit with cozy, north facing deck. All units fully furnished & equipped and have individual laundry facilities and climate control systems. Potential for owner occupancy and rent other two units. Each unit has their own character & personality, not to mention LOCATION LOCATION LOCATION. Paved parking in front on Union St, and additional street parking on Pleasant. Owner will carry with substantial down payment, inquire for additional terms. ALL UNITS CURRENTLY OCCUPIED. PLEASE respect tenants rights, do not disturb! In person showings only with accepted offer.

More Information MLS# 1080731

Contract/Address/Legal

List Price/SqFt: 370 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: MF-H Assessor's Book #: 109 Assessor's Map #: 1 Assessor's Parcel #: 41 Legal: PRESCOTT N 59' LOT 13 AP4; N 59' LOT 15 AP6; N 59' LOT 17AP8; N 5 9' LOT 19 AP10; ALL IN BLK 17

General Property Description

Aprx Acres: 0.13 Lot #: 13 Lot Size: 5,663 HOA Y/N: No Buildings: 1 Source of Measuremnt: County Assessor Stories: 2 Management: Owner Vac Rate %: 5 CAM $: 0 Solar Y/N: No More than 5 Units: No Total Liveable SqFt: 3583 Year Built: 1919 NOI $: 87000 Cap %: 6.5 Baths - Full: 3

Tax Info

Taxes: 2276 Tax Year: 2025

Remarks & Misc

Directions: Gurley St, South on Pleasant, West on Union. Property on corner of Pleasant & Union. Remarks: One of a kind income property in beautiful downtown Prescott, just a stroll to the Historic Courthouse Square. Property listed on the Historic Register, original build being 1919, the 3rd unit being added in the 2002, but in-keeping with the flair of the original charming structure. Updated throughout, including plumbing & electrical. Operating as a successful medium term rental business (94% of occupancy in 2025 was 1-6 months leases) with financial reports showing consistent figures, available to qualified serious buyers. Three units total; The Cottage - 1400 sq ft, 2 bed/2 bath, single level with large, private courtyard for outside living. The Townhouse: 1100 sq ft, 2 bed/I.5 bath, 2 levels w personal yard space. The Terrace: 1100 sq ft, 2 bed/1 bath, upper unit with cozy, north facing deck. All units fully furnished & equipped and have individual laundry facilities and climate control systems. Potential for owner occupancy and rent other two units. Each unit has their own character & personality, not to mention LOCATION LOCATION LOCATION. Paved parking in front on Union St, and additional street parking on Pleasant. Owner will carry with substantial down payment, inquire for additional terms. ALL UNITS CURRENTLY OCCUPIED. PLEASE respect tenants rights, do not disturb! In person showings only with accepted offer.

Office/Member Info

Listing Exclusions: No

Building Type

Other - See Remarks: 1 Triplex: 1

Construction

Brick: 1 Frame - Wood: 1 Stucco: 1

Cooling

Ceiling Fan(s): 1 Central Refriger: 1 Mini-Split: 1 See Remarks: 1

External Amenities

Fence: 1 Landscaped: 1 Laundry Facilities: 1 Patio/Deck/Balcony: 1 Separate Storage: 1

Flooring

Carpet: 1 Tile: 1 Vinyl: 1 Wood: 1

Heating

Electric: 1 Forced - Gas: 1 Natural Gas: 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

Asphalt Shingle: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 Free and Clear: 1 Sold Furnished: 1 Submit: 1 Other - See Remarks: 1

Utilities Installed

Cable TV: 1 Electricity: 1 Individual Meter: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1 Two or More: 1

Unit 1

Unit ID: Townhouse # BR: 2 # BA: 1.5 SqFt: 1100 Furniture: 1 Tenant Utilities: N/A

Unit 1 Parking

3+ Car: 1 Off Street: 1 Other - See Remarks: 1

Unit 1 Info

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

Unit 2

Unit ID: Terrace # BR: 2 # BA: 1 SqFt: 1100 Furniture: 1 Tenant Utilities: N/A

Unit 2 Parking

3+ Car: 1 Off Street: 1 Other - See Remarks: 1

Unit 2 Info

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

Unit 3

Unit ID: Cottage # BR: 2 # BA: 1.5 SqFt: 1400 Furniture: 1

Unit 3 Parking

3+ Car: 1 Off Street: 1 Other - See Remarks: 1

Unit 3 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Dishwasher: 1 Fire/Smoke Detectors: 1 Fireplace: 1 Laundry Room: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1 W/D Connection: 1

ContractAddressLegal

Original List Price: 1325000 Listing Date: 2026-03-30 Status: Active Listing Price: 1325000 Street #: 325 Direction: E Street Name: Union St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86303 Subdivision: Prescott Original Township County: Yavapai Tax Parcel: 109-01-041

Property Features

Building Type: Other - See Remarks; Triplex Construction: Brick; Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Refriger; Mini-Split; See Remarks External Amenities: Fence; Landscaped; Laundry Facilities; Patio/Deck/Balcony; Separate Storage Flooring: Carpet; Tile; Vinyl; Wood Heating: Electric; Forced - Gas; Natural Gas; 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: Asphalt Shingle Utilities Installed: Cable TV; Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas; Two or More Unit 1: Furniture Unit 1 Parking: 3+ Car; Off Street; Other - See Remarks Unit 1 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection Unit 2: Furniture Unit 2 Parking: 3+ Car; Off Street; Other - See Remarks Unit 2 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks Unit 3: Furniture Unit 3 Parking: 3+ Car; Off Street; Other - See Remarks Unit 3 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: RE/MAX Mountain Properties
Last Updated: April - 01 - 2026
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