1490 W Gurley Street, Prescott, AZ 86305

$795,000

Property Type: Commercial/Indstrial Square Footage: 1,902 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $795,000 List Date: 3/13/2026 Last Modified: 3/13/2026

Overview

Description

Fully remodeled and thoughtfully designed, this 1,902 sq. ft. three-unit property offers a rare blend of modern style and proven income potential in desirable Prescott. The sprinklered building has been extensively updated and is currently configured and fully serviced for short-term to medium-term rentals, making it an ideal opportunity for investors seeking immediate cash flow. Each (1/1) unit features stylish contemporary finishes, updated interiors, and comfortable living spaces designed to appeal to today's travelers and extended-stay guests. The property has an established rental history and is set up for seamless operation, offering a turnkey solution for those looking to capitalize on Prescott's strong tourism and relocation market. Whether expanding a portfolio or entering the thriving furnished-rental market, this modernized triplex combines flexibility, safety, and income stability in one of Northern Arizona's most sought-after destinations.

Listing Details MLS# 1080227

ContractAddressLegal

Original List Price: 795000
Listing Price: 795000
Street #: 1490
Direction: W
Street Name: Gurley
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86305
Subdivision: None
County: Yavapai
Tax Parcel: 111-08-015a

General Property Description

Aprx Acres: 0.18
Buildings: Yes
Total Liveable SqFt: 1902
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 6
Year Built: 1983
Gross Vol/Yr $: 65820
NOI $: 49536
Cap %: 6.5
Baths - Full: 3
Solar Y/N: No
Date Available: 2026-03-12
CC & R Fees: 1902
Vac Rate %: 0
CAM $: 0
GRM: No

Tax Info

Taxes: 2609
Tax Year: 2025

Contract/Address/Legal

List Price/SqFt: 418
Neighborhood: N/A
Comm Type: Residential Income
REO/Short Sale: Not Applicable
Zoning: BG
Zoning Description: Business General
Assessor's Book #: 111
Assessor's Map #: 8
Assessor's Parcel #: 15
Assessor Parcel Ltr: a
Legal: IDYLWILD - AN IRREG PCL BY M&B LYING IN THE NE4 OF LOT 395 AND SE 4 OF LOT 394 SEC 32-14-2

Remarks & Misc

Directions: West on Gurley just past Josephine on the right.
Remarks: Fully remodeled and thoughtfully designed, this 1,902 sq. ft. three-unit property offers a rare blend of modern style and proven income potential in desirable Prescott. The sprinklered building has been extensively updated and is currently configured and fully serviced for short-term to medium-term rentals, making it an ideal opportunity for investors seeking immediate cash flow. Each (1/1) unit features stylish contemporary finishes, updated interiors, and comfortable living spaces designed to appeal to today's travelers and extended-stay guests. The property has an established rental history and is set up for seamless operation, offering a turnkey solution for those looking to capitalize on Prescott's strong tourism and relocation market. Whether expanding a portfolio or entering the thriving furnished-rental market, this modernized triplex combines flexibility, safety, and income stability in one of Northern Arizona's most sought-after destinations.

Building Type

2-4 Units: Yes
Office - Building: Yes

More Information

Construction

Frame - Wood: Yes
Stucco: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Mini-Split: Yes

External Amenities

Fence: Yes
Landscaped: Yes

Flooring

Laminate: Yes
Tile: Yes

Heating

Natural Gas: Yes

Records Available

Other - See Remarks: Yes

Road Responsibility

City: Yes
Paved: Yes

Roof

Asphalt Shingle: Yes
Metal: Yes

Bathrooms

Interior: Yes

Business Location

Freestanding Bldg: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Commercial Amenities

None: Yes

Utilities Installed

220: Yes
Telephone: Yes
Water - City: Yes

Internal Amenities

Bathroom: Yes
Ceiling Fan(s): Yes
Fire/Smoke Detector: Yes
Kitchen: Yes
Sprinklers: Yes

Parking

On-Site: Yes

Property Features

Bathrooms: Interior Building Type: 2-4 Units; Office - Building Business Location: Freestanding Bldg Commercial Amenities: None Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Air; Mini-Split External Amenities: Fence; Landscaped Flooring: Laminate; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Sprinklers Parking: On-Site Records Available: Other - See Remarks Road Responsibility: Paved Roof: Asphalt Shingle; Metal Utilities Installed: 220; Telephone; Water - City

Listing Office: Arizona Commercial

Last Updated: March - 13 - 2026

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