828 Lincoln Avenue Prescott, AZ ^$ 849,500

828 Lincoln Avenue

^$ 849,500

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828 Lincoln Avenue

Prescott, AZ, 86301

^$ 849,500

Studio Baths0.0

Monthly Estimate*

^$ 5,300

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Studio

Multi-Family Home for sale in Prescott, AZ

for $849,500. This home was built in 1985.

Beautifully renovated fourplex in the heart of Prescott. Four 2BR/1BA units, each with updated kitchens, baths, flooring, fixtures, blinds, appliances, water heaters, Low-E windows, and paint. Owners have invested over 100k in upgrades, including new roof (2024), porcelain plank tile in some units, added pantries and cabinetry. Culvert systems, waterproofing, and reconfigured entry for proper drainage. All units include refrigerators and washer/dryers. Concrete parking front and back for 7 vehicles; each unit has a fenced patio. Walking distance to parks, groceries, hospital, Yavapai College, Whiskey Row, and Courthouse Plaza. Turnkey with strong rentability—ideal for investors or house hackers: live in one unit and let tenants pay the mortgage.

Multi-Family Contingent

Price

^$ 849,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,434

Style

Multiple Dwellings

Year Built

1985

Town/City

Prescott

County/Region

Yavapai

MLS | Web ID

6920318

Features

General

Sewer Public Sewer

Heating Electric

Cooling Evaporative Cooling

Roof Other

Zoning MF-M

Construction Materials Wood Frame Painted

Year Built 1985

Electric Individual Meter

Township 14N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 64377.7

Community Features No Pool

County Yavapai

Net Operating Income 51741.0

Operating Expense 1434.0

Property Type Multiple Dwellings

Attached Garage N

Garage Y/N N

Status CCBS (Contract Contingent on Buyer Sale)

Directions South on Lincoln to the property on the west side of the street.

High School Prescott High School

City Prescott

Disclosures Seller Prop Disc Stm

High School District Prescott Unified District

Open Parking Spaces 4.0

Number Of Units Total 4

Lot Size Square Feet 0.0

Carport Y/N N

Elementary School Abia Judd Elementary School

Tax Annual Amount 1434.0

Middle/Junior High School Granite Mountain Middle School

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active Under Contract

Occupancy Type Tenant

Elementary School District Prescott Unified District

Tax Lot 2

Cap Rate 6.09

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Other

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features 1 Space/Unit On Street

Water Source City Franchise

Total Parking 4.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 150X50'

Lot Size Acres 0.0

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 828

* Excluded Features

List By

Homesmart

Broker

robert@livinginphoenix.net

Affordability Calculator

$5,419

Per Month

Monthly Principal & Interest: $5,300
Monthly Property Taxes: $120
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Prescott, AZ

Average List Price ^$943,956

Percent of Sale Price 11%

About Prescott, AZ

43,862 Population

27% Since 2002

^$49,913 Median Income

53.33 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4897391 Elementary School

4910332 Middle School

Prescott High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/16/2025	$849,500		Listed Price

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828 Lincoln Avenue, Prescott, AZ, 86301 is a Multi-Family Home for sale at $849,500. 828 Lincoln Avenue is a studio with 0.0 baths and was built in 1985. The property's zip code is 86301 which is in Prescott, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is 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.

Data is updated as of 12/9/2025.

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828 Lincoln Avenue

Multi-Family Home for sale in Prescott, AZ

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