434 S Cortez Street, Prescott, AZ 86303

$595,000
Property Type: Multi-Family Square Footage: 1,813 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $595,000 List Date: 6/10/2025 Last Modified: 9/05/2025

Description

Charming 4-Plex in the Heart of Downtown Prescott! This beautifully maintained multi-unit property offers unbeatable location and convenience—just a short walk to the historic Courthouse Square, famous Whiskey Row, and an array of local restaurants, shops, and events. Whether you're an investor or looking for a live-in opportunity with income potential, this 4-plex delivers charm, character, and proximity to everything Prescott has to offer. Each unit has it's own Electric meter. Separate Laundry room and storage building for all tenants use.

More Information MLS# 1073987

Contract/Address/Legal

List Price/SqFt: 328 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: MF-H Assessor's Book #: 109 Assessor's Map #: 3 Assessor's Parcel #: 93 Legal: LOT 17; N 5 OF LOT 19 AP5; BLOCK 32 PRESCOTT BOOK 4 PAGE 22

General Property Description

Aprx Acres: 0.19 Lot #: 17 Lot Size: 8277 Bedrooms Possible: 4 HOA Y/N: No Buildings: 2 Source of Measuremnt: County Assessor Stories: 1 Management: Owner Gross Vol/Yr $: 37440 Total Liveable SqFt: 1813 Year Built: 1950 NOI $: 33987 Cap %: 6.25 Baths - Full: 4

Tax Info

Taxes: 753 Tax Year: 2024

Remarks & Misc

Directions: From HWY 69 (Gurley St) towards downtown Prescott. Left on Cortez, to house on the Right. Remarks: Charming 4-Plex in the Heart of Downtown Prescott! This beautifully maintained multi-unit property offers unbeatable location and convenience—just a short walk to the historic Courthouse Square, famous Whiskey Row, and an array of local restaurants, shops, and events. Whether you're an investor or looking for a live-in opportunity with income potential, this 4-plex delivers charm, character, and proximity to everything Prescott has to offer. Each unit has it's own Electric meter. Separate Laundry room and storage building for all tenants use.

Building Type

Fourplex: 1

Construction

Frame - Wood: 1

Cooling

Ceiling Fan(s): 1

External Amenities

Fence: 1 Landscaped: 1 Laundry Facilities: 1 Separate Storage: 1

Flooring

Carpet: 1 Laminate: 1 Vinyl: 1 Wood: 1

Heating

Natural Gas: 1 Wall Unit: 1

Owner Pays

Sewer: 1 Water: 1

Records Available

Affidavit of Discl: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1 Paved: 1

Road Responsibility

City Maintained Road: 1

Roof

Asphalt Shingle: 1

Showing Requirements

Call Listing Office: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 Free and Clear: 1

Utilities Installed

220: 1 Electricity: 1 Natural Gas: 1 Telephone: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Natural Gas: 1

Unit 1

Unit ID: Unit 1 # BR: 1 # BA: 1 Rent $: 1020

Unit 1 Parking

1 Car: 1

Unit 1 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Range/Oven: 1 Refrigerator: 1 Storm Windows/Doors: 1

Unit 2

Unit ID: Unit 2 # BR: 1 # BA: 1 Rent $: 630

Unit 2 Parking

1 Car: 1

Unit 2 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Range/Oven: 1 Refrigerator: 1 Storm Windows/Doors: 1

Unit 3

Unit ID: Unit 3 # BR: 2 # BA: 1 Rent $: 820

Unit 3 Parking

1 Car: 1

Unit 3 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Fireplace: 1 Range/Oven: 1 Refrigerator: 1 Storm Windows/Doors: 1

Unit 4

Unit ID: Unit 4 # BA: 1 Rent $: 650

Unit 4 Parking

1 Car: 1

Unit 4 Info

Ceiling Fan(s): 1 Fire/Smoke Detectors: 1 Microwave: 1 Refrigerator: 1 Storm Windows/Doors: 1

ContractAddressLegal

Original List Price: 599000 Listing Date: 2025-05-16 Status: Active Listing Price: 595000 Street #: 434 Direction: S Street Name: Cortez St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86303 County: Yavapai Tax Parcel: 109-03-093

Property Features

Building Type: Fourplex Construction: Frame - Wood Cooling: Ceiling Fan(s) External Amenities: Fence; Landscaped; Laundry Facilities; Separate Storage Flooring: Carpet; Laminate; Vinyl; Wood Heating: Natural Gas; Wall Unit Owner Pays: Water Records Available: Affidavit of Discl Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Showing Requirements: Call Listing Office Utilities Installed: 220; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator; Storm Windows/Doors Unit 2 Parking: 1 Car Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator; Storm Windows/Doors Unit 3 Parking: 1 Car Unit 3 Info: Ceiling Fan(s); Fire/Smoke Detectors; Fireplace; Range/Oven; Refrigerator; Storm Windows/Doors Unit 4 Parking: 1 Car Unit 4 Info: Ceiling Fan(s); Fire/Smoke Detectors; Microwave; Refrigerator; Storm Windows/Doors
Listing Office: Keller Williams Arizona Realty
Last Updated: September - 05 - 2025
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