720 W Gurley Street, Prescott, AZ 86305

$485,000
Property Type: Multi-Family Square Footage: 1,020 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $485,000 List Date: 4/01/2026 Last Modified: 4/10/2026

Description

Downtown Prescott Charmer and Investment Opportunity - There are two site-built homes on this parcel which are currently used as vacation rentals yielding 6.25% net ROI. Front house has 2 bedrooms, 1 bath, spacious dining area, welcoming living space, granite kitchen, and new roof. Back house has 1 bedroom, 1 bath, delightful eat-in kitchen, and cozy living area. Both homes are heated/cooled via Mini-Splits, have washer/dryer, new vinyl flooring, new windows, fresh paint, and four parking spaces. Outdoor spaces are serene and enchanting. Homes are beautiful and move-in ready. No work is needed. Prescott Courthouse Square is only six tenths of a mile away so occupants can enjoy all that Prescott downtown has to offer. Both homes are absolutely adorable.

More Information MLS# 1080781

Contract/Address/Legal

List Price/SqFt: 475 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: BusinessGeneral Assessor's Book #: 113 Assessor's Map #: 11 Assessor's Parcel #: 59 Legal: LOT 20 BLOCK 12 FLEURYS ADD BOOK 2 PAGE 6

General Property Description

Aprx Acres: 0.12 Lot #: 20 Lot Size: 5253 HOA Y/N: No Buildings: 2 Source of Measuremnt: Appraiser Stories: 1 Management: Mgmt Company Solar Y/N: No More than 5 Units: No Total Liveable SqFt: 1020 Year Built: 1965 Cap %: 6.73 Baths - Full: 2

Tax Info

Taxes: 831 Tax Year: 2025

Remarks & Misc

Directions: West Gurley Street. Nearest cross street is Brush. (.6 miles from Prescott Courthouse Square) Remarks: Downtown Prescott Charmer and Investment Opportunity - There are two site-built homes on this parcel which are currently used as vacation rentals yielding 6.25% net ROI. Front house has 2 bedrooms, 1 bath, spacious dining area, welcoming living space, granite kitchen, and new roof. Back house has 1 bedroom, 1 bath, delightful eat-in kitchen, and cozy living area. Both homes are heated/cooled via Mini-Splits, have washer/dryer, new vinyl flooring, new windows, fresh paint, and four parking spaces. Outdoor spaces are serene and enchanting. Homes are beautiful and move-in ready. No work is needed. Prescott Courthouse Square is only six tenths of a mile away so occupants can enjoy all that Prescott downtown has to offer. Both homes are absolutely adorable.

Office/Member Info

Listing Exclusions: No

Building Type

Other - See Remarks: 1

Construction

Frame - Wood: 1

Cooling

Mini-Split: 1 See Remarks: 1

External Amenities

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

Flooring

Vinyl: 1

Heating

Other: 1 See Remarks: 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

Utilities Installed

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

Water Heater

Electric: 1

Unit 1

Unit ID: Downtown Birdie # BR: 2 # BA: 1 SqFt: 624 Furniture: 1

Unit 1 Parking

Off Street: 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: Downtown Daisy # BR: 1 # BA: 1 SqFt: 396 Furniture: 1

Unit 2 Parking

Off Street: 1

Unit 2 Info

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

ContractAddressLegal

Original List Price: 485000 Listing Date: 2026-04-01 Status: Active Listing Price: 485000 Street #: 720 Direction: W Street Name: Gurley St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86305 Subdivision: Fleurys Addition County: Yavapai Tax Parcel: 113-11-059

Property Features

Building Type: Other - See Remarks Construction: Frame - Wood Cooling: Mini-Split; See Remarks External Amenities: Fence; Laundry Facilities; Patio/Deck/Balcony; Separate Storage Flooring: Vinyl Heating: Other; See Remarks 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: 220; Cable TV; Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Electric Unit 1: Furniture Unit 1 Parking: Off Street 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: Fire/Smoke Detectors; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator
Listing Office: Prescott Home Realty
Last Updated: April - 10 - 2026
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.