737 Dameron Drive, Prescott, AZ 86301

$589,000
Property Type: Multi-Family Square Footage: 2,167 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $589,000 List Date: 3/12/2026 Last Modified: 3/30/2026

Description

Tucked beneath mature trees on one spacious parcel, this fully rented property presents a rare chance to secure three income-producing residences in one location--perfect for investors seeking steady returns or buyers envisioning a private family compound. The property includes a 2016-built duplex and a charming 1954 single-family home, offering flexibility for long-term rentals, multi-generational living, or a blend of both. Set apart at the front of the lot, the standalone 1-bedroom, 1-bath home offers privacy and character, complete with a storage loft, a newly installed roof, and a fully fenced yard--an appealing option for tenants or extended family members who value their own space. The duplex features two well-designed units, each offering 2 bedrooms and 1 bathroom with modern finishes that attract quality tenants. Stained concrete floors, granite countertops, dishwashers, and full-sized pantries provide both style and durability, while washer and dryer hookups add everyday convenience. The property offers generous parking and sits in a convenient location close to downtown, medical facilities, shopping, and dining, helping ensure continued rental demand. Strong tenants are already in place, making this a true turnkey investment. The seller currently covers HO insurance, water, sewer, trash, and property taxes. Reported net operating income is $44,454, reflecting an approximate 7.4% cap rate. Please respect tenants' privacy--DO NOT DISTURB TENANTS. Showings require a minimum 48-hour notice and will only be scheduled with a Letter of Intent and/or Proof of Funds. An accepted offer is preferred prior to showings. The sellers also have another nearby property available and may consider a discount for buyers purchasing both. Please inquire about the additional listing at 827 Lincoln.

More Information MLS# 1080195

Contract/Address/Legal

List Price/SqFt: 276 Rent/Lease: Yes Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: MF-M Assessor's Book #: 113 Assessor's Map #: 5 Assessor's Parcel #: 123 Legal: DAMERON TR LOT 5 BLK 9 648/931 705-875

General Property Description

Aprx Acres: 0.17 Lot #: 5 Lot Size: 7,405 HOA Y/N: No Buildings: 2 Source of Measuremnt: County Assessor Stories: 1 Management: Owner Solar Y/N: No Total Liveable SqFt: 2167 Year Built: 1955 Cap %: 7.4 Baths - Full: 3

Tax Info

Taxes: 1446 Tax Year: 2025

Remarks & Misc

Directions: North on Miller Valley, Right on Hillside, Left on Dameron to property on Right. Remarks: Tucked beneath mature trees on one spacious parcel, this fully rented property presents a rare chance to secure three income-producing residences in one location--perfect for investors seeking steady returns or buyers envisioning a private family compound. The property includes a 2016-built duplex and a charming 1954 single-family home, offering flexibility for long-term rentals, multi-generational living, or a blend of both. Set apart at the front of the lot, the standalone 1-bedroom, 1-bath home offers privacy and character, complete with a storage loft, a newly installed roof, and a fully fenced yard--an appealing option for tenants or extended family members who value their own space. The duplex features two well-designed units, each offering 2 bedrooms and 1 bathroom with modern finishes that attract quality tenants. Stained concrete floors, granite countertops, dishwashers, and full-sized pantries provide both style and durability, while washer and dryer hookups add everyday convenience. The property offers generous parking and sits in a convenient location close to downtown, medical facilities, shopping, and dining, helping ensure continued rental demand. Strong tenants are already in place, making this a true turnkey investment. The seller currently covers HO insurance, water, sewer, trash, and property taxes. Reported net operating income is $44,454, reflecting an approximate 7.4% cap rate. Please respect tenants' privacy--DO NOT DISTURB TENANTS. Showings require a minimum 48-hour notice and will only be scheduled with a Letter of Intent and/or Proof of Funds. An accepted offer is preferred prior to showings. The sellers also have another nearby property available and may consider a discount for buyers purchasing both. Please inquire about the additional listing at 827 Lincoln.

Status Change Info

Sold Price/SqFt: 272 Financing: Cash Under Contract Date: 2026-03-13 Sold Date: 2026-03-30 Sold Price: $589,000

Building Type

Triplex: 1

Construction

Frame - Wood: 1

Cooling

Ceiling Fan(s): 1 Central Refriger: 1

External Amenities

Fence: 1 Other - See Remarks: 1

Flooring

Concrete: 1 Tile: 1 Wood: 1

Heating

Forced - Gas: 1 Natural Gas: 1

Owner Pays

Sewer: 1 Trash: 1 Water: 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

Asphalt Shingle: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Utilities Installed

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

Water Heater

Natural Gas: 1 Two or More: 1

Unit 1

Unit ID: A # BR: 1 # BA: 1 SqFt: 470 Tenant Utilities: elec and gas Rent $: 1025

Unit 1 Parking

2 Car: 1 Off Street: 1

Unit 1 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Range/Oven: 1 Refrigerator: 1 W/D Connection: 1

Unit 2

Unit ID: B # BR: 2 # BA: 1 SqFt: 848 Tenant Utilities: Elec and gas Rent $: 1550

Unit 2 Parking

2 Car: 1 Off Street: 1

Unit 2 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Range/Oven: 1 Refrigerator: 1 W/D Connection: 1

Unit 3

Unit ID: C # BR: 2 # BA: 1 SqFt: 848 Tenant Utilities: elec and gas Rent $: 1550

Unit 3 Parking

2 Car: 1 Off Street: 1

Unit 3 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Range/Oven: 1 Refrigerator: 1 W/D Connection: 1

ContractAddressLegal

Original List Price: 599000 Listing Date: 2026-03-11 Status: Closed Listing Price: 599000 Street #: 737 Street Name: Dameron St Suffix: Drive City/Township: Prescott State: AZ Zip Code: 86301 Subdivision: None County: Yavapai Tax Parcel: 113-05-123

Property Features

Building Type: Triplex Construction: Frame - Wood Cooling: Ceiling Fan(s); Central Refriger External Amenities: Fence; Other - See Remarks Flooring: Concrete; Tile; Wood Heating: Forced - Gas; Natural Gas Owner Pays: Trash; Water Possession: At Recordation 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; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas; Two or More Unit 1 Parking: 2 Car; Off Street Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator; W/D Connection Unit 2 Parking: 2 Car; Off Street Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator; W/D Connection Unit 3 Parking: 2 Car; Off Street Unit 3 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator; W/D Connection
Listing Office: eXp Realty
Last Updated: March - 30 - 2026
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