314 S Virginia Street, Prescott, AZ 86303
New Listing
$1,100,000
Property Type:
Multi-Family
Square Footage:
5,208
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$1,100,000
List Date:
8/07/2026
Last Modified:
8/07/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 1084217
ContractAddressLegal
- Original List Price
- 1100000
- Listing Price
- 1100000
- Street #
- 314
- Direction
- S
- Street Name
- Virginia
- St Suffix
- Street
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86303
- County
- Yavapai
- Tax Parcel
- 110-03-033a
General Property Description
- Lot #
- 9
- Aprx Acres
- 0.17
- Total Liveable SqFt
- 5208
- Source of Measuremnt
- County Assessor
- Buildings
- 2
- Stories
- 2
- Year Built
- 1980
- Management
- Mgmt Company
- Solar Y/N
- No
- Baths - Full
- 8
Tax Info
- Taxes
- 1277
- Tax Year
- 2025
Unit 1
- Unit ID
- Apt 1
- # BR
- 2
- # BA
- Yes
- Rent $
- 1275
Unit 2
- Unit ID
- Apt 2
- # BR
- Yes
- # BA
- Yes
- Rent $
- 950
Unit 3
- Unit ID
- Apt 3
- Rent $
- 725
More Information
Unit 4
- Unit ID
- Apt 4
- # BA
- Yes
- Rent $
- 1275
Unit 5
- Unit ID
- Apt 5
- Rent $
- 635
Contract/Address/Legal
- List Price/SqFt
- 211
- Rent/Lease
- No
- REO/Short Sale
- Not Applicable
- Zoning
- MF-M
- Assessor's Book #
- 110
- Assessor's Map #
- 3
- Assessor's Parcel #
- 33
- Assessor Parcel Ltr
- a
- Legal
- BASHFORD TRACT BLK 2 LOT 9 CONT .17AC
Remarks & Misc
- Directions
- Gurley to South on Virginia to property on right. Corner of Virginia and
- Remarks
- 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.
Building Type
- 5+ Units
- Yes
- Other - See Remarks
- Yes
Construction
- Frame - Wood
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Room Refrigeration
- Yes
External Amenities
- Laundry Facilities
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
Heating
- Baseboard
- Yes
Owner Pays
- Water
- Yes
Records Available
- None
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- City Maintained Road
- Yes
Roof
- Asphalt Shingle
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Conventional
- Yes
Utilities Installed
- Electricity
- Yes
- Natural Gas
- Yes
- Underground
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
Water Heater
- Electric
- Yes
Unit 1 Parking
- Off Street
- Yes
Unit 1 Info
- Ceiling Fan(s)
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Unit 2 Parking
- Off Street
- Yes
Unit 2 Info
- Range/Oven
- Yes
- Refrigerator
- Yes
Unit 3 Parking
- Off Street
- Yes
Unit 3 Info
- Ceiling Fan(s)
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Unit 4 Parking
- Off Street
- Yes
Unit 4 Info
- Ceiling Fan(s)
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Unit 5 Parking
- Off Street
- Yes
Unit 5 Info
- Ceiling Fan(s)
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Property Features
Building Type:
5+ Units; Other - See Remarks
Construction:
Frame - Wood
Cooling:
Ceiling Fan(s); Room Refrigeration
External Amenities:
Laundry Facilities
Flooring:
Carpet; Vinyl
Heating:
Baseboard
Owner Pays:
Water
Records Available:
None
Road Frontage Type:
City Street
Road Surface Type:
Paved
Road Responsibility:
City Maintained Road
Roof:
Asphalt Shingle
Utilities Installed:
Electricity; Natural Gas; Underground; Water - City; WWT - City Sewer
Water Heater:
Electric
Unit 1 Parking:
Off Street
Unit 1 Info:
Ceiling Fan(s); Range/Oven; Refrigerator
Unit 2 Parking:
Off Street
Unit 2 Info:
Range/Oven; Refrigerator
Unit 3 Parking:
Off Street
Unit 3 Info:
Ceiling Fan(s); Range/Oven; Refrigerator
Unit 4 Parking:
Off Street
Unit 4 Info:
Ceiling Fan(s); Range/Oven; Refrigerator
Unit 5 Parking:
Off Street
Unit 5 Info:
Ceiling Fan(s); Range/Oven; Refrigerator
Listing Office:
Invest Southwest
Last Updated: August - 07 - 2026
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