121 N Willow Street Prescott, AZ $ 875,000
121 N Willow Street
$ 875,000
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121 N Willow Street

Prescott, AZ, 86305
$ 875,000
Baths0.0 Sq 3,600

Monthly Estimate*

$ 5,388

121 N Willow Street, Prescott, AZ 86305 - Image 1
121 N Willow Street, Prescott, AZ 86305 - Image 2
121 N Willow Street, Prescott, AZ 86305 - Image 3
121 N Willow Street, Prescott, AZ 86305 - Image 4
121 N Willow Street, Prescott, AZ 86305 - Image 5
121 N Willow Street, Prescott, AZ 86305 - Image 6
121 N Willow Street, Prescott, AZ 86305 - Image 7
Studio

Multi-Family Home for sale in Prescott, AZ

for $875,000. This 3,600 square foot home was built in 1914 on a lot size of 0.28.

Here's your opportunity to own a piece of Prescott history! This charming 4-plex features lovely original details, wood floors, and the classic Prescott character buyers love. Ideally located close to downtown, this property offers excellent flexibility for investors--continue operating as long-term rentals, explore short-term rental potential (buyer to verify), or create a unique multi-generational living setup.The property is currently owner-managed and operating at an approximate 6.7% cap rate. Tenants are month-to-month and would like to remain, providing immediate income. With its prime location and multiple use options, this is a rare investment opportunity with strong upside.

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,323

Style

Lot Size

0.28

Year Built

1914

Town/City

Prescott

County/Region

Yavapai

MLS | Web ID

1078795

Features
General
Heating Natural Gas Wall Furnace
Cooling Ceiling Fan(s) Room Refrigeration
Utilities Electricity Available Individual Meter Natural Gas Available WWT - City Sewer
Roof Asphalt
Zoning MF-H
Construction Materials Frame
Year Built 1914
Tax Year 2025
County Yavapai
Property Type Residential Income
Directions West on Gurley Right on Garden Left on Western. Left on Willow Willow to Gurley is one way only and you cannot turn down Willow you MUST go around the block. Can access from Norris or Ash also.
City Prescott
Lot Size Square Feet 12197
Tax Annual Amount 1323
Additional Parcels Y/N N
Standard Status Active
Cap Rate 6.8
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Exterior
Exterior Amenities Fence Balcony
Building Area Total 3600
Lot Size Acres 0.28
Road Surface Type Paved
Lot Size Source County Records
Road Frontage Type City Street
Road Responsibility City Maintained Road
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Interior
Flooring Other Wood
Total Stories 2
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* Excluded Features
List By
Geoffrey Hyland

Listing Agent

Exp Realty

Broker

geoff@prescottareaproperty.com

Email

Affordability Calculator

$5,498
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$110
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/15/2026$875,000 Listed Price

Map


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121 N Willow Street, Prescott, AZ, 86305 is a Multi-Family Home for sale at $875,000 with 3,600 sqft and a lot size of 0.28. 121 N Willow Street is a studio with 0.0 baths and was built in 1914. The property's zip code is 86305 which is in Prescott, AZ