325 E Union Street, Prescott, AZ 86303

$1,285,250
Property Type: Multi-Family Square Footage: 3,583 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $1,285,250 List Date: 3/30/2026 Last Modified: 7/09/2026

Overview

Description

One of a kind income property in beautiful downtown Prescott, just a stroll to the Historic Courthouse Square. Property listed on the Historic Register, original build being 1919, the 3rd unit being added in the 2002, but in-keeping with the flair of the original charming structure. Updated throughout, including plumbing & electrical. Operating as a successful medium term rental business (94% of occupancy in 2025 was 1-6 months leases) with financial reports showing consistent figures, available to qualified serious buyers. Three units total; The Cottage - 1400 sq ft, 2 bed/2 bath, single level with large, private courtyard for outside living. The Townhouse: 1100 sq ft, 2 bed/I.5 bath, 2 levels w personal yard space. The Terrace: 1100 sq ft, 2 bed/1 bath, upper unit with cozy, north facing deck. All units fully furnished & equipped and have individual laundry facilities and climate control systems. Potential for owner occupancy and rent other two units. Each unit has their own ...

Listing Details MLS# 1080731

ContractAddressLegal

Original List Price
1325000
Listing Price
1325000
Street #
325
Direction
E
Street Name
Union
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
Prescott Original Township
County
Yavapai
Tax Parcel
109-01-041

General Property Description

Lot #
13
Aprx Acres
0.13
Total Liveable SqFt
3583
Source of Measuremnt
County Assessor
Buildings
Yes
Stories
2
Year Built
1919
Management
Owner
NOI $
87000
Vac Rate %
5
Cap %
6.5
HOA Y/N
No
Solar Y/N
No
Baths - Full
3
More than 5 Units
No

Tax Info

Taxes
2276
Tax Year
2025

Status Change Info

Under Contract Date
2026-04-29
Sold Date
2026-05-28
Sold Price/SqFt
359
Financing
Owner Will Carry

Unit 1

Unit ID
Townhouse
# BR
2
# BA
1.5
SqFt
1100
Tenant Utilities
N/A

Unit 2

Unit ID
Terrace
# BR
2
# BA
Yes
SqFt
1100
Tenant Utilities
N/A

More Information

Unit 3

Unit ID
Cottage
# BR
2
# BA
1.5
SqFt
1400

Property Features

Building Type: Other - See Remarks; Triplex Construction: Brick; Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Refriger; Mini-Split; See Remarks External Amenities: Fence; Landscaped; Laundry Facilities; Patio/Deck/Balcony; Separate Storage Flooring: Carpet; Tile; Vinyl; Wood Heating: Electric; Forced - Gas; Natural Gas; See Remarks Owner Pays: All Possession: At Recordation Records Available: Other - See Remarks Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Cable TV; Electricity; Individual Meter; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas; Two or More Unit 1: Furniture Unit 1 Parking: 3+ Car; Off Street; Other - See Remarks Unit 1 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection Unit 2: Furniture Unit 2 Parking: 3+ Car; Off Street; Other - See Remarks Unit 2 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks Unit 3: Furniture Unit 3 Parking: 3+ Car; Off Street; Other - See Remarks Unit 3 Info: Ceiling Fan(s); Den/Family Room; Dishwasher; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: RE/MAX Mountain Properties
Last Updated: July - 09 - 2026
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