324 N Mount Vernon Avenue, Prescott, AZ 86301

$1,075,000
Property Type: Multi-Family Square Footage: 2,077 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $1,075,000 List Date: 2/13/2026 Last Modified: 3/21/2026

Overview

Description

Rare opportunity in the heart of downtown Prescott. This charming multi-unit property offers historic character, modern updates, and immediate rental income. The front home (Unit A), 2 bedrooms and 2 bathrooms. Remodel to be completed in 3 months or buy now and complete yourself at a reduced price. Side unit (B) is fully remodeled and features 1 bedroom and 1 bathroom. This unit is rented at $1,200/month. The rear unit (Unit C), a 518 sq ft, 1-bedroom home built in 1939, is also tenant occupied, generating $2,000/month.

Listing Details MLS# 1079541

ContractAddressLegal

Original List Price
1075000
Listing Price
1075000
Street #
324
Direction
N
Street Name
Mount Vernon
St Suffix
Avenue
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
114-02-015

General Property Description

Lot #
15
Aprx Acres
0.17
Total Liveable SqFt
2077
Source of Measuremnt
County Assessor
Buildings
2
Stories
Yes
Year Built
1939
Management
Mgmt Company
Solar Y/N
No
Baths - Full
3
More than 5 Units
No

Tax Info

Taxes
1304
Tax Year
2025

Unit 1

Unit ID
A
# BR
2
# BA
2
SqFt
1290
Tenant Utilities
included

Unit 2

Unit ID
B
# BR
Yes
# BA
Yes
SqFt
269
Rent $
1200

Unit 3

Unit ID
C
# BR
Yes
# BA
Yes
SqFt
518
Rent $
2000
Furniture
Yes

More Information

Contract/Address/Legal

List Price/SqFt
518
Rent/Lease
No
Neighborhood
N/A
REO/Short Sale
Not Applicable
Zoning
MF-H
Assessor's Book #
114
Assessor's Map #
2
Assessor's Parcel #
15
Legal
LOT 15 BLOCK 3 MOELLER ADD BOOK 2 PAGE 15

Remarks & Misc

Directions
From Sheldon Street. North on Mt. Vernon Ave. Property located on the left.
Remarks
Rare opportunity in the heart of downtown Prescott. This charming multi-unit property offers historic character, modern updates, and immediate rental income. The front home (Unit A), 2 bedrooms and 2 bathrooms. Remodel to be completed in 3 months or buy now and complete yourself at a reduced price. Side unit (B) is fully remodeled and features 1 bedroom and 1 bathroom. This unit is rented at $1,200/month. The rear unit (Unit C), a 518 sq ft, 1-bedroom home built in 1939, is also tenant occupied, generating $2,000/month.

Building Type

Triplex
Yes

Construction

Brick
Yes
Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes
Mini-Split
Yes

External Amenities

Fence
Yes

Flooring

Tile
Yes
Vinyl
Yes

Heating

Forced - Gas
Yes
Natural Gas
Yes

Owner Pays

Gas/Propane
Yes
Trash
Yes
Water
Yes

Records Available

None
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes
Free and Clear
Yes
VA
Yes

Utilities Installed

220
Yes
Cable TV
Yes
Electricity
Yes
Natural Gas
Yes
Underground
Yes
Water - City
Yes
WWT - City Sewer
Yes

Water Heater

Natural Gas
Yes

Unit 1 Parking

Off Street
Yes

Unit 1 Info

Den/Family Room
Yes
Dishwasher
Yes
Disposal
Yes
Fire/Smoke Detectors
Yes
Laundry Room
Yes
Microwave
Yes
Porch/Patio
Yes
Range/Oven
Yes
Storm Windows/Doors
Yes
W/D Connection
Yes

Unit 2 Parking

Off Street
Yes

Unit 2 Info

Den/Family Room
Yes
Fire/Smoke Detectors
Yes
Range/Oven
Yes
Refrigerator
Yes
Storm Windows/Doors
Yes

Unit 3 Parking

2 Car
Yes
Off Street
Yes

Unit 3 Info

Ceiling Fan(s)
Yes
Den/Family Room
Yes
Dishwasher
Yes
Disposal
Yes
Fire/Smoke Detectors
Yes
Microwave
Yes
Porch/Patio
Yes
Range/Oven
Yes
Refrigerator
Yes
W/D Connection
Yes
Other - See Remarks
Yes

Property Features

Building Type: Triplex Construction: Brick; Frame - Wood Cooling: Ceiling Fan(s); Mini-Split External Amenities: Fence Flooring: Tile; Vinyl Heating: Forced - Gas; Natural Gas Owner Pays: Gas/Propane; Trash; Water Records Available: None Road Frontage Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Underground; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: Off Street Unit 1 Info: Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Porch/Patio; Range/Oven; Storm Windows/Doors; W/D Connection Unit 2 Parking: Off Street Unit 2 Info: Den/Family Room; Fire/Smoke Detectors; Range/Oven; Refrigerator; Storm Windows/Doors Unit 3: Furniture Unit 3 Parking: 2 Car; Off Street Unit 3 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Listing Office: Keller Williams Arizona Realty
Last Updated: March - 21 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.