259 & 261 Vallejo Street, Prescott, AZ 86301

$350,000
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,673 Lot Size (sq. ft.): 16,553 Status: Active
Current Price: $350,000 List Date: 7/31/2025 Last Modified: 10/08/2025

Description

Fix & Flip or redevelopment play. Unlock a rare opportunity to redevelop in the heart of Prescott! This .38-acre multifamily infill parcel, zoned MF-M, boasts a prime downtown location and the potential for 6 units (buyer to verify). With flat topography, easy street access, and utilities nearby, this is the perfect canvas for investors and developers eager to capitalize on Prescott's booming rental market. Don't miss out on this supply-constrained gem!

More Information MLS# 1073085

Contract/Address/Legal

List Price/SqFt: 209 Residential Type: Site Built Single Family Land Lease: No Residential Status: Existing Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: MF-M (MH) Lot #: 4 Lot Size: 16553 Assessor's Book #: 113 Assessor's Map #: 3 Assessor's Parcel #: 61 Legal: DAMERON PARK ADD LOT 4 & 5 BLK 25 Irrigation Rights: No

General Property Description

Aprx Acres: 0.38 HOA Y/N: No Split Bedroom Plan: No Buildings: 1 Stories: 1 Aprx SqFt: 1673 Source of Measurement: County Assessor Garage Attached: 0 Garage Detached: 0 Carport Attached: 0 Carport Detached: 0 Total Parking: 0 RV Garage/Parking: No Home Warranty: None Age Restrictions Y/N: No Bedrooms: 3 Baths - Full: 1 Total Bathrooms: 1 Year Built: 1929 Total Liveable SqFt: 1673

Tax Info

Taxes: 1015 Tax Year: 2025

Remarks & Misc

Directions: Montezuma to Navajo south to 1st street, east on vallejo street to the property. Remarks: Fix & Flip or redevelopment play. Unlock a rare opportunity to redevelop in the heart of Prescott! This .38-acre multifamily infill parcel, zoned MF-M, boasts a prime downtown location and the potential for 6 units (buyer to verify). With flat topography, easy street access, and utilities nearby, this is the perfect canvas for investors and developers eager to capitalize on Prescott's booming rental market. Don't miss out on this supply-constrained gem!

Office/Member Info

Listing Exclusions: No

Construction

Frame - Wood: 1 Stucco: 1

Cooling

Other: 1

Flooring

Other: 1

Heating

Other: 1

Possession

At Recordation: 1

Records Available

None: 1

Road Frontage Type

None: 1

Road Surface Type

Asphalt: 1 Paved: 1

Style

Santa Fe/Pueblo: 1

Road Responsibility

City Maintained Road: 1

Roof

Other - See Remarks: 1

Interior Features

See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Free & Clear: 1

Exterior Features

See Remarks: 1

Utilities Installed

Electricity: 1 Master Meter: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Other - See Remarks: 1

Appliances

Other: 1

Topo/Location

Level: 1

Foundation/Basement

Found - Slab: 1

Window/Coverings

Other: 1

Pets/Animals

Domestics: 1

Other Rooms

None: 1

Subdivision Features

None: 1

ContractAddressLegal

Original List Price: 350000 Listing Date: 2025-05-08 Status: Active Listing Price: 350000 Street #: 259 & 261 Street Name: Vallejo St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Subdivision: Dameron Park Add Tax Parcel: 113-03-061

Property Features

Style: Santa Fe/Pueblo Construction: Frame - Wood; Stucco Interior Features: See Remarks Exterior Features: See Remarks Appliances: Other Heating: Other Cooling: Other Flooring: Other Utilities Installed: Electricity; Master Meter; Natural Gas; Water - City; WWT - City Sewer Roof: Other - See Remarks Water Heater: Other - See Remarks Road Frontage Type: None Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Other Rooms: None Records Available: None Subdivision Features: None Possession: At Recordation
Listing Office: Arizona Commercial
Last Updated: October - 08 - 2025
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