325 E UNION Street
Prescott, AZ, 86303 $ 1,325,000
Baths0.0 Monthly Estimate*
$ 8,158
Studio for $1,325,000. This home was built in 1919.
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.
See more
FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air Ceiling Fan(s) Other See Remarks
Roof Composition
Zoning MF-H
Construction Materials Wood Frame Painted Stucco Brick
Year Built 1919
Electric APS
Township 13
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 480000.0
Community Features Other
County Yavapai
Net Operating Income 87000.0
Operating Expense 2276.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name PRESCOTT
Garage Y/N N
Status Active
Directions Gurley St South on Pleasant West on Union. Property on corner of Pleasant & Union.
City Prescott
Disclosures Other (See Remarks) Seller Prop Disc Stm
High School District Prescott Unified District
Open Parking Spaces 6.0
Number Of Units Total 3
Carport Y/N N
Tax Annual Amount 2276.0
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 13
Cap Rate 6.57
New Financing: Conventional True
Senior Community N
New Financing: Cash True
See more
InteriorFlooring Tile Carpet Vinyl Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
See more
ExteriorParking Features Off Street Other >1 Space Per Unit
Water Source City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions ---
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByRma-Mountain PropertiesBroker
paul@prescottareahomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,158
- Monthly Property Taxes
- $190
- 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.
Learn more about how to save NearbyMulti-family listings in Prescott, AZ
Average List Price $1,175,000
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
Trends Information provided by ATTOM Data Solutions.
4326872 Elementary School
4327207 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/31/2026 | $1,325,000 | | Listed Price |