314 S Virginia ST, Prescott, AZ 86303
314 S Virginia ST, Prescott, AZ 86303
314 S Virginia ST, Prescott, AZ 86303
314 S Virginia ST, Prescott, AZ 86303
314 S Virginia ST, Prescott, AZ 86303
314 S Virginia ST, Prescott, AZ 86303
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Bernard Doyle

Bernard Doyle

+1(928) 460-2888
Listed by Invest Southwest
$ 1,100,000
Est. payment | /mo

7,405 Sqft Lot

Save
$ 1,100,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1084217

Year Built 1980

Annual Tax Amount $1,277

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Source paar

Property Description

Positioned minutes from Prescott's vibrant Courthouse Plaza, this well-located 8-unit apartment complex presents an outstanding opportunity to acquire a multifamily asset in one of Northern Arizona's highly sought-after rental markets. Residents enjoy convenient access to downtown's restaurants, boutiques, entertainment, and employment centers, making this a desirable location for long-term tenancy. This property offers investors the opportunity to benefit from Prescott's strong downtown rental demand, and attractive lifestyle appeal. Whether implementing strategic value-add improvements, optimizing rental income over time or pursuing immediate cash flow, this property provides multiple avenues to enhance returns. Opportunities to acquire smaller apartment complexes in Prescott are increasingly limited. This 8-unit property offers investors the rare combination of location, consistent rental demand, and upside potential in a market that continues to experience strong housing demand and constrained multifamily supply.

Location

State AZ

County Yavapai

Interior

Heating Baseboard

Cooling Ceiling Fan(s), Room Refrigeration

Flooring Carpet, Vinyl

Exterior

Exterior Feature Laundry Facilities

Utilities Available Electricity Available, Natural Gas Available, Underground Utilities, WWT - City Sewer

Roof Type Asphalt

Street Surface Paved

Road Frontage City Street

Building

Story 2

Structure Type Frame

Others

Acceptable Financing 1031 Exchange, Conventional

Listing Terms 1031 Exchange, Conventional

Prescott Area Association of Realtors (PAAR MLS)

Nearby Locations

Bernard Doyle

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(928) 460-2888

bcdoyle3@gmail.com

113 W Goodwin Street, Prescott 86303, USA

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314 S Virginia ST