542 DAMERON Drive Prescott, AZ $ 525,000
542 DAMERON Drive
$ 525,000
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542 DAMERON Drive

Prescott, AZ, 86301
$ 525,000
Baths0.0

Monthly Estimate*

$ 3,275

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Studio

Multi-Family Home for sale in Prescott, AZ

for $525,000. This home was built in 1930.

Are you searching for a rare investment opportunity in the heart of Prescott with income in place and room to grow? This truly unique property offers three separate income-producing units with the potential for future expansion. The front main house features two bedrooms and one bathroom and has been updated with a newer roof, electrical, plumbing, and gutters. The middle unit offers a charming layout with a loft bedroom, while the rear unit is a park model, also featuring a loft. All three units are currently leased to tenants who would love to remain, providing immediate rental income, and each unit enjoys its own fenced yard—perfect for pets. The property also includes a goat shed currently used for storage and an older capped well with no additional information available. With space and potential to add additional units, this is a versatile property with exciting possibilities. Buyer to verify all information. Please do not disturb the tenants

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Multi-Family Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 820

Style

Multiple Dwellings

Year Built

1930

Town/City

Prescott

County/Region

Yavapai

MLS | Web ID

6959120

Features
General
Sewer Public Sewer
Heating Window/Wall Unit(s)
Cooling Ceiling Fan(s) Window/Wall Unit
Roof Composition Metal
Zoning MF-M
Construction Materials Wood Frame
Year Built 1930
Electric APS
Township 14
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 50400.0
Community Features No Pool
County Yavapai
Net Operating Income 50400.0
Operating Expense 820.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name HOME ACRE TRACT
Garage Y/N N
Status Active
Directions South on Miller Valley Rd Left on Brannen Right on Dameron to house on Right
High School Prescott High School
City Prescott
Disclosures None
High School District Prescott Unified District
Open Parking Spaces 6.0
Number Of Units Total 3
Carport Y/N N
Elementary School Lincoln Elementary School
Tax Annual Amount 820.0
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
Elementary School District Prescott Unified District
Tax Lot 2
Cap Rate 9.6
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features RV Access/Parking >1 Space Per Unit <1 Space Per Unit
Water Source City Franchise
Total Parking 6.0
Number of Buildings 4
Spa N
Lot Dimensions Unknown
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 542
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* Excluded Features
List By
Hello Home Real Estate And Property Management

Broker

Lauren@HelloHomeRealEstate.com

Email

Affordability Calculator

$3,344
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$68
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
4333945 Elementary School
4910332 Middle School
Prescott High School High School
Pricing History
Date Price Price Change Description
12/18/2025 $525,000 Listed Price

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542 DAMERON Drive, Prescott, AZ, 86301 is a Multi-Family Home for sale at $525,000. 542 DAMERON Drive is a studio with 0.0 baths and was built in 1930. The property's zip code is 86301 which is in Prescott, AZ