658 W Gurley Street 1-4, Prescott, AZ 86305

$849,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,718 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $849,000 List Date: 2/06/2026 Last Modified: 2/06/2026

Overview

Description

Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location. This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy. Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services. The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use. A separate two-story building contains two 1-bedroom, 1-bath apartment units: Un ... (Read more)

Listing Details MLS# 1079369

ContractAddressLegal

Original List Price: 849000
Listing Price: 849000
Street #: 658
Direction: W
Street Name: Gurley
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86305
County: Yavapai
Subdivision: Fleurys Addition
Tax Parcel: 113-11-086

General Property Description

Bedrooms Possible: 5
Split Bedroom Plan: No
Baths - Full: Yes
Baths - 3/4: 2
Total Bathrooms: 3
WH Gallons: 72
Year Built: 1914
Aprx SqFt: 1718
Total Liveable SqFt: 1718
Source of Measurement: County Assessor
Stories: Yes
Aprx Acres: 0.18
RV Garage/Parking: Yes
Buildings: 2
Home Warranty: Negotiable
Solar Y/N: No
HOA Y/N: No
Age Restrictions Y/N: No
Garage Attached: 0
Garage Detached: 0
Carport Attached: 0
Carport Detached: 0
Total Parking: 0

Tax Info

Taxes: 1765
Tax Year: 2025

Contract/Address/Legal

List Price/SqFt: 494
Unit #: 1-4
Residential Type: Site Built Single Family
Land Lease: No
Residential Status: Existing
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: BG
Lot #: 11
Assessor's Book #: 113
Assessor's Map #: 11
Assessor's Parcel #: 86
Legal: MURPHYS 1ST SUB LOT 11
Irrigation Rights: No

Remarks & Misc

Directions: From downtown Prescott take Gurley St. - West 0.6 miles, through the Park Ave intersection then take an immediate right on Garden St. Another immediate left on W. Gurley St. The house is located on the right (North).
Remarks: Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location. This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy. Zoned Business General and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services. The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included). Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use. A separate two-story building contains two 1-bedroom, 1-bath apartment units: Unit 3: $1,400/month (utilities included) Unit 4: $1,300/month (utilities included) Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy. Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house. An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify). A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow. Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.

Office/Member Info

Listing Exclusions: No

More Information

Construction

Block: Yes
Frame - Wood: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
None: Yes

Flooring

Laminate: Yes
Wood: Yes

Heating

Forced Air: Yes
Wall Unit: Yes

Possession

Subject to Tenant: Yes

Records Available

Other - See Remarks: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes
Paved: Yes

Style

Traditional: Yes
Other - See Remarks: Yes

Road Responsibility

City Maintained Road: Yes

Roof

Composition: Yes
Rolled/Hot Mop: Yes

Interior Features

Ceiling Fan(s): Yes
Formal Dining Area: Yes
Laminate Counters: Yes
Live on One Level: Yes
Master On Main: Yes
Pantry: Yes
Smoke Detector(s): Yes
Wash/Dry Connection: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Exterior Features

Driveway-Concrete: Yes
Fence - Part: Yes
Porch - Covered: Yes

Utilities Installed

Cable TV: Yes
Electricity: Yes
Natural Gas: Yes
Telephone: Yes
Water - City: Yes
WWT - City Sewer: Yes

Water Heater

Natural Gas: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Topo/Location

Other - See Remarks: Yes

Foundation/Basement

Bsmt - Crawl: Yes
Bsmt - Outside Acc: Yes
Found - Piers: Yes

Window/Coverings

Double Pane Windows: Yes
Horizontal Blinds: Yes
Screens: Yes
See Remarks: Yes

Pets/Animals

Domestics: Yes

Other Rooms

Family Room: Yes
Laundry Room: Yes
Other - See Remarks: Yes

Subdivision Features

None: Yes

Property Features

Style: Traditional; Other - See Remarks Construction: Block; Frame - Wood Interior Features: Ceiling Fan(s); Formal Dining Area; Laminate Counters; Live on One Level; Master On Main; Pantry; Smoke Detector(s); Wash/Dry Connection Exterior Features: Driveway-Concrete; Fence - Part; Porch - Covered Appliances: Dishwasher; Disposal; Dryer; Gas Range; Microwave; Refrigerator; Washer Heating: Forced Air; Wall Unit Cooling: Ceiling Fan(s); Central Air; None Flooring: Laminate; Wood Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer Roof: Composition; Rolled/Hot Mop Water Heater: Natural Gas Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Other Rooms: Family Room; Laundry Room; Other - See Remarks Records Available: Other - See Remarks Subdivision Features: None Possession: Subject to Tenant

Listing Office: Above The Best Realty LLC

Last Updated: February - 06 - 2026

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