654 W Gurley Street, Prescott, AZ 86305

$655,000
Property Type: Multi-Family Square Footage: 2,114 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $655,000 List Date: 2/17/2026 Last Modified: 4/09/2026

Description

Endless possibilities in this Immaculate home. Zoned Business General allowing for residential use and/or many commercial uses. Fabulous investment! Excellent Cap rate. Currently set up as 3 separate 1 bedroom units. Front Unit is rented for $1750 till October. Back unit is rented for $1700 till 6/7/26. Owner occupies other unit. 2 units could easily be combined for a large living area and keep one in-law suite/rental. Or have 3 rental units. NEW mini-splits 2021, NEW roof 2022, NEW water heater 2022, fresh exterior and interior paint and many more updates. Large 1 car garage with lots of storage space. Well maintained yard with raised bed growing options. Ideally will be sold furnished. The benefits of commercial and residential all rolled into one beautiful property. Buyer to verify use.*Property originally built in 1933 with 2 subsequent additions in 1983 and in 1990s.*

More Information MLS# 1079630

Contract/Address/Legal

List Price/SqFt: 310 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: bg Assessor's Book #: 113 Assessor's Map #: 11 Assessor's Parcel #: 85 Legal: MURPHYS 1ST SUB LOT 10

General Property Description

Aprx Acres: 0.17 Lot #: 10 Lot Size: 7,405 Bedrooms Possible: 3 Source of Measuremnt: County Assessor Stories: 1 Management: Owner Solar Y/N: No Total Liveable SqFt: 2114 Year Built: 1933 Baths - Full: 3

Tax Info

Taxes: 1547 Tax Year: 2025

Remarks & Misc

Directions: On West Gurley St. Behind Honor Island Park Remarks: Endless possibilities in this Immaculate home. Zoned Business General allowing for residential use and/or many commercial uses. Fabulous investment! Excellent Cap rate. Currently set up as 3 separate 1 bedroom units. Front Unit is rented for $1750 till October. Back unit is rented for $1700 till 6/7/26. Owner occupies other unit. 2 units could easily be combined for a large living area and keep one in-law suite/rental. Or have 3 rental units. NEW mini-splits 2021, NEW roof 2022, NEW water heater 2022, fresh exterior and interior paint and many more updates. Large 1 car garage with lots of storage space. Well maintained yard with raised bed growing options. Ideally will be sold furnished. The benefits of commercial and residential all rolled into one beautiful property. Buyer to verify use.*Property originally built in 1933 with 2 subsequent additions in 1983 and in 1990s.*

Building Type

Residential+: 1 Triplex: 1

Construction

Frame - Wood: 1

Cooling

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

External Amenities

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

Flooring

Laminate: 1 Tile: 1

Heating

Electric: 1 Other: 1

Owner Pays

All: 1

Records Available

None: 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 FHA: 1 Sold Furnished: 1 VA: 1

Utilities Installed

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

Water Heater

Natural Gas: 1

Unit 1

Unit ID: back # BR: 1 # BA: 1 Furniture: 1 Rent $: 1700

Unit 1 Parking

Attached: 1 Garage: 1

Unit 1 Info

Dishwasher: 1 Fire/Smoke Detectors: 1 Laundry Room: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1

Unit 2

Unit ID: middle # BR: 1 # BA: 1 Furniture: 1

Unit 2 Parking

Off Street: 1

Unit 2 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Laundry Room: 1 Microwave: 1 Refrigerator: 1

Unit 3

Unit ID: Front # BR: 1 # BA: 1 Furniture: 1 Rent $: 1750

Unit 3 Parking

Off Street: 1

Unit 3 Info

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

ContractAddressLegal

Original List Price: 675000 Listing Date: 2026-02-17 Status: Active Listing Price: 655000 Street #: 654 Direction: W Street Name: Gurley St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86305 Subdivision: Murphys County: Yavapai Tax Parcel: 113-11-085

Property Features

Building Type: Residential+; Triplex Construction: Frame - Wood Cooling: Ceiling Fan(s); Mini-Split External Amenities: Landscaped; Laundry Facilities; Patio/Deck/Balcony Flooring: Laminate; Tile Heating: Electric; Other Owner Pays: All Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1: Furniture Unit 1 Parking: Attached; Garage Unit 1 Info: Dishwasher; Fire/Smoke Detectors; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator Unit 2: Furniture Unit 2 Parking: Off Street Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Laundry Room; Microwave; Refrigerator Unit 3: Furniture Unit 3 Parking: Off Street Unit 3 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator
Listing Office: Realty ONE Group Mountain Desert
Last Updated: April - 09 - 2026
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