325 E Union Street, Prescott, AZ 86303

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Sold Price
$1,285,250
List Price
$1,325,000
Closing Date
May 29, 2026
Days on Market
59
Status
CLOSED
MLS#
7006567
City
Prescott
Subdivision
Prescott
Year Built
1919

Property 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, ... 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.

Additional Information

Community Features
Other
Construction
Brick, Wood Frame, Painted, Stucco
Cooling
Central Air, Other, See Remarks, Ceiling Fan(s)
Electric
APS
Heating
Natural Gas
New Financing
Conventional, 1031 Exchange, Other (See Remarks), Owner May Carry, Cash
Parking Features
Other, >1 Space Per Unit, Off Street
Roofing
Composition
Subdivision
Prescott
Taxes
$2,276
Tax Year
2025
Tenant Pays
None
Units
3
Water
City Franchise
Zoning
MF-H

Courtesy of RMA-Mountain Properties. 928-778-1000 Selling Office: Non-MLS Office.

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