215 E Willis Street Prescott, AZ $ 1,350,000
215 E Willis Street
$ 1,350,000
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215 E Willis Street

Prescott, AZ, 86301
$ 1,350,000
Baths0.0 Sq 5,687

Monthly Estimate*

$ 8,422

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Studio

Multi-Family Home for sale in Prescott, AZ

for $1,350,000. This 5,687 square foot home was built in 1905 on a lot size of 0.11.

An outstanding opportunity for a vacation rental business or long-term leases is now available for sale in Downtown Prescott, within walking distance of Courthouse Square. This building currently operates with 5 long-term lease units and 3 vacation units (hosted on Airbnb), with no limitations for a new buyer to convert all units to vacation rentals or long-term rentals, dependent on Buyer's management preference. A major renovation in 2020 included: all-new electrical, upgraded HVAC systems, new central hot water, and a full interior upgrade. Vacation units are fully furnished, functional, and turnkey-ready to continue operating. Each unit is individually metered. On-site coin-operated laundry facilities add convenience for guests and tenants.

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Multi-Family Pending

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,596

Style

Lot Size

0.11

Year Built

1905

Town/City

Prescott

County/Region

Yavapai

MLS | Web ID

1076023

Features
General
Heating Forced Air Heat Pump
Cooling Ceiling Fan(s) Heat Pump Ductless Mini-Split
Utilities Electricity Available Individual Meter Natural Gas Available WWT - City Sewer
Roof Metal
Zoning MF-M
Construction Materials Brick Frame Stone
Exclusions No
Year Built 1905
Tax Year 2024
County Yavapai
Property Type Residential Income
Subdivision Name None
Directions Traveling West on Sheldon Street turn left (South) on N Alarcon. Take a right (West) onto Willis Street. Property is on E Willis Street next to the alleyway.
City Prescott
Lot Size Square Feet 4792
Tax Annual Amount 1596
Additional Parcels Y/N N
Standard Status Pending
Cap Rate 6.8
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Exterior
Exterior Amenities Fence Laundry Facilities
Number of Buildings 1
Building Area Total 5687
Lot Size Acres 0.11
Road Surface Type Alley Paved Paved
Lot Size Source County Records
Road Frontage Type City Street
Road Responsibility City Maintained Road
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Interior
Flooring Vinyl
Total Stories 2
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* Excluded Features
List By
Matthew Fish

Listing Agent

Arizona Commercial

Broker

matt@arizonacre.com

Email

Affordability Calculator

$8,555
Per Month
98%
2%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$133
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
754118 Elementary School
754119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2025$1,350,000 Listed Price

Map


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215 E Willis Street, Prescott, AZ, 86301 is a Multi-Family Home for sale at $1,350,000 with 5,687 sqft and a lot size of 0.11. 215 E Willis Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 86301 which is in Prescott, AZ