520 S Cortez Street, Prescott, AZ 86303
$1,250,000
Property Type:
Multi-Family
Square Footage:
5,609
Lot Size (sq. ft.):
22,651
Status:
Active
Current Price:
$1,250,000
List Date:
1/08/2026
Last Modified:
1/12/2026
Listing Details MLS# 1078584
ContractAddressLegal
- Original List Price
- 1250000
- Listing Price
- 1250000
- Street #
- 520
- Direction
- S
- Street Name
- Cortez
- St Suffix
- Street
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86303
- Subdivision
- Prescott Original Township
- County
- Yavapai
- Tax Parcel
- 109-14-044e
General Property Description
- Lot #
- 9
- Bedrooms Possible
- 11
- Aprx Acres
- 0.52
- Total Liveable SqFt
- 5609
- Source of Measuremnt
- County Assessor
- Buildings
- Yes
- Stories
- 2
- Year Built
- 1996
- Management
- Owner
- HOA Y/N
- No
- Solar Y/N
- No
- Baths - Full
- 4
- More than 5 Units
- No
Tax Info
- Taxes
- 2938
- Tax Year
- 2025
- Builder Name
- Unknown
Unit 1
- Unit ID
- A
- # BR
- 2
- # BA
- 2.5
- SqFt
- 1709
Unit 2
- Unit ID
- B
- # BR
- 2
- # BA
- Yes
- SqFt
- 1109
Unit 3
- Unit ID
- C
- # BR
- 2
- # BA
- 2
- SqFt
- 1395
More Information
Unit 4
- Unit ID
- D
- # BR
- 2
- # BA
- 2
- SqFt
- 1395
Contract/Address/Legal
- List Price/SqFt
- 223
- Rent/Lease
- No
- Neighborhood
- N/A
- REO/Short Sale
- Not Applicable
- Zoning
- MF-H
- Assessor's Book #
- 109
- Assessor's Map #
- 14
- Assessor's Parcel #
- 44
- Assessor Parcel Ltr
- e
- Legal
- PRESCOTT ORIGINAL TOWNSITE M&P 4/22,BLK 38 LOTS 9,11 & 13
Remarks & Misc
- Directions
- From Downtown Prescott Courthouse Square, South on Cortez to Home on Right.
- Remarks
- Exceptional Multi-Family Opportunity Near Downtown Prescott. Offered for the first time on the market, this rare four-plex is ideally located just moments from historic downtown Prescott, providing an outstanding opportunity for investors or owner-occupants alike. The property features four distinct floor plans constructed from 12 inch poured concrete walls, 4 inch thick concrete with steel web flooring girders. It includes a spacious owner's unit offering just over 1,600 square feet, perfect for comfortable on-site living while generating rental income from the remaining units with a beautiful covered temperature controlled Arizona room with west facing views. The four-plex presents an immediate income producing opportunity, with additional upside through light renovations and updates to further enhance value and long term returns, with a future elevator through a uniquely design shaft already on site. Situated on a triple lot, the property has exterior covered parking, paved road and alley access, a fenced in garden area, along with a motorhome pad with full hookups available. The property also offers significant future potential, as current zoning allows for the expansion of an additional multi-family building, making this a compelling value add or development play. With its prime proximity to downtown amenities, dining, and entertainment, and opportunities like this rarely coming available, this is a truly special Prescott investment property that blends location, income, and future growth potential.
Office/Member Info
- Listing Exclusions
- No
Building Type
- Fourplex
- Yes
- Other - See Remarks
- Yes
Construction
- Block
- Yes
- Frame - Wood
- Yes
- Stucco
- Yes
- Other - See Remarks
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Refriger
- Yes
- Other
- Yes
External Amenities
- Landscaped
- Yes
- Patio/Deck/Balcony
- Yes
- Other - See Remarks
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Heat Pump
- Yes
- Natural Gas
- Yes
Owner Pays
- None
- Yes
Records Available
- None
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
- Paved
- Yes
Road Responsibility
- City Maintained Road
- Yes
Roof
- Metal
- Yes
Showing Requirements
- Vacant Go Show
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Conventional
- Yes
- Other - See Remarks
- Yes
Utilities Installed
- Cable TV
- Yes
- Electricity
- Yes
- Individual Meter
- Yes
- Natural Gas
- Yes
- Telephone
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
- Other - See Remarks
- Yes
Water Heater
- Natural Gas
- Yes
- Two or More
- Yes
Unit 1 Parking
- 2 Car
- Yes
- Off Street
- Yes
- Other - See Remarks
- Yes
Unit 1 Info
- Ceiling Fan(s)
- Yes
- Den/Family Room
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Fire/Smoke Detectors
- Yes
- Fireplace
- Yes
- Laundry Room
- Yes
- Microwave
- Yes
- Porch/Patio
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Storage Room
- Yes
- Storm Windows/Doors
- Yes
- W/D Connection
- Yes
- Other - See Remarks
- Yes
Unit 2 Parking
- 2 Car
- Yes
- Off Street
- Yes
- Other - See Remarks
- Yes
Unit 2 Info
- Dishwasher
- Yes
- Disposal
- Yes
- Fire/Smoke Detectors
- Yes
- Laundry Room
- Yes
- Microwave
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- W/D Connection
- Yes
- Other - See Remarks
- Yes
Unit 3 Parking
- 2 Car
- Yes
- Off Street
- Yes
- Other - See Remarks
- Yes
Unit 3 Info
- Den/Family Room
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Fire/Smoke Detectors
- Yes
- Laundry Room
- Yes
- Microwave
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- W/D Connection
- Yes
- Other - See Remarks
- Yes
Unit 4 Parking
- 2 Car
- Yes
- Off Street
- Yes
- Other - See Remarks
- Yes
Unit 4 Info
- Den/Family Room
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Fire/Smoke Detectors
- Yes
- Laundry Room
- Yes
- Microwave
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- W/D Connection
- Yes
- Other - See Remarks
- Yes
Property Features
Building Type:
Fourplex; Other - See Remarks
Construction:
Block; Frame - Wood; Stucco; Other - See Remarks
Cooling:
Ceiling Fan(s); Central Refriger; Other
External Amenities:
Landscaped; Patio/Deck/Balcony; Other - See Remarks
Flooring:
Carpet; Tile
Heating:
Heat Pump; Natural Gas
Owner Pays:
None
Records Available:
None
Road Frontage Type:
City Street
Road Surface Type:
Asphalt; Paved
Road Responsibility:
City Maintained Road
Roof:
Metal
Showing Requirements:
Vacant Go Show
Utilities Installed:
Cable TV; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer; Other - See Remarks
Water Heater:
Natural Gas; Two or More
Unit 1 Parking:
2 Car; Off Street; Other - See Remarks
Unit 1 Info:
Ceiling Fan(s); Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; Storage Room; Storm Windows/Doors; W/D Connection; Other - See Remarks
Unit 2 Parking:
2 Car; Off Street; Other - See Remarks
Unit 2 Info:
Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Unit 3 Parking:
2 Car; Off Street; Other - See Remarks
Unit 3 Info:
Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Unit 4 Parking:
2 Car; Off Street; Other - See Remarks
Unit 4 Info:
Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Laundry Room; Microwave; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Listing Office:
Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: January - 12 - 2026
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