819 W Gurley Street, Prescott, AZ 86305

$1,395,000
Property Type: Multi-Family Square Footage: 5,358 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $1,395,000 List Date: 4/09/2025 Last Modified: 9/24/2025

Description

This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the campus is comprised of four separate and adjacent buildings which total +/-5,358 sf. The property at the southwest corner of W. Gurley St and Alto Road. The property offers excellent visibility from W. Gurley St. as well as very good ingress/egress to the property off of Alto Road. There are 13 on-site parking spaces located on the south side of the property with an additional 2 parking spaces available on the east side. There is a fenced pet are

Supplements: This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the campus is comprised of four separate and adjacent buildings which total +/-5,358 sf. The property at the southwest corner of W. Gurley St and Alto Road. The property offers excellent visibility from W. Gurley St. as well as very good ingress/egress to the property off of Alto Road. There are 13 on-site parking spaces located on the south side of the property with an additional 2 parking spaces available on the east side. There is a fenced pet area that services the entire property. The first building is single-family residence located at 819 W. Gurley St. is a one bedroom one bath free-standing home totaling +/-695 sf and was originally built in 1934 but recently renovated. The home includes a kitchen, dining room, living room with fireplace, a bedroom, a full bathroom, a laundry room, front porch and large fenced yard. Building A is a three-story walkup tri-plex that totals +/-2,568 sf and was built in 2004. There are three 2-bedroom 2 bath unit totaling +/-854 sf/ each. Each unit features an open kitchen area, living room, two bedrooms, two full bathrooms and a laundry room with stacked units. This entire building is fully fire sprinkled. Building B is split level one bedroom one bath free standing unit totaling +/-506 sf and was built in 1957 but recently renovated. The bedroom and full-size bathroom are both located on the main level and the kitchen and living room are located on the lower level. This unit offers a fenced patio area. Building C is a two story 3-bedroom 2 bath residence that totals +/-1,595 sf and was built in 2006. The first floor includes a kitchen and dining area, living room, bedroom, laundry room, a full bathroom and a fenced pet area. The second floor includes 2 separate bedrooms, a living room and a 3/4 bathroom.

More Information MLS# 1065956

Contract/Address/Legal

List Price/SqFt: 271 Rent/Lease: Yes Neighborhood: N/A REO/Short Sale: Not Applicable Zoning: BG Legal: LOT 9 FLEURY'S ADD REPLAT LOT 1 CONT .21 AC SEC 33-14-2W M & P 55/80 ALTO SUB BOOK 55 PAGE 8

General Property Description

Aprx Acres: 0.34 Lot #: 9 Lot Size: 9330 Bedrooms Possible: 12 HOA Y/N: No Buildings: 4 Source of Measuremnt: County Assessor Stories: 3 Management: Mgmt Company Gross Vol/Yr $: 116100 Vac Rate %: 2 CAM $: 19252 More than 5 Units: Yes Total Liveable SqFt: 5358 Year Built: 2004 NOI $: 94526 Cap %: 6.52 Baths - Full: 6

Tax Info

Taxes: 3925 Tax Year: 2023

Remarks & Misc

Directions: From Downtown Prescott, head West on Gurley St. approximately 1/2 mile. Turn Left onto Alto Road. Property will be on the southwest corner of W. Gurley St. and Alto Road. Remarks: This is an exceptional Multi-Family Investment and/or End-User Opportunity located just half a mile west of downtown Prescott on Gurley St. This six-unit multi-family property is being offered for sale at $1,450,000 (or $270/sf or $241,667/unit). Proforma Cap of 6.52%. Situated on two adjacent parcels that total .34 acres of BG zoned land, the campus is comprised of four separate and adjacent buildings which total +/-5,358 sf. The property at the southwest corner of W. Gurley St and Alto Road. The property offers excellent visibility from W. Gurley St. as well as very good ingress/egress to the property off of Alto Road. There are 13 on-site parking spaces located on the south side of the property with an additional 2 parking spaces available on the east side. There is a fenced pet are

Status Change Info

Sold Price/SqFt: 260 Financing: Conventional Under Contract Date: 2025-08-18 Sold Date: 2025-08-25 Sold Price: $1,395,000

Building Type

5+ Units: 1 Other - See Remarks: 1

Construction

Block: 1 Frame - Wood: 1 Stucco: 1

Cooling

Gas Pack: 1 See Remarks: 1

External Amenities

Fence: 1 Handicap Access: 1 Landscaped: 1 Laundry Facilities: 1 Patio/Deck/Balcony: 1 Sprinkler/Drip: 1

Flooring

Carpet: 1 Vinyl: 1

Heating

Electric: 1 Gas Pack: 1

Owner Pays

Other - See Remarks: 1

Possession

At Recordation: 1

Records Available

Other - See Remarks: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1 Paved: 1

Road Responsibility

City Maintained Road: 1

Roof

Asphalt Shingle: 1

Terms & Conditions

Conventional: 1

Utilities Installed

Cable TV: 1 Electricity: 1 Individual Meter: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1

Water Heater

Electric: 1

Unit 1

Unit ID: 819 W. Gurley - SFR # BR: 1 # BA: 1 SqFt: 695 Rent $: 1450

Unit 1 Parking

2 Car: 1 Off Street: 1

Unit 1 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Fireplace: 1 Handicap Accessible: 1 Laundry Room: 1 Microwave: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1 Other - See Remarks: 1

Unit 2

Unit ID: Building A =Triplex # BR: 2 # BA: 2 SqFt: 854 Rent $: 1508

Unit 2 Parking

2 Car: 1 Off Street: 1 Other - See Remarks: 1

Unit 2 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Laundry Room: 1 Range/Oven: 1 Refrigerator: 1 Other - See Remarks: 1

Unit 3

Unit ID: Building B - SFR # BR: 1 # BA: 1 SqFt: 506 Rent $: 1500

Unit 3 Parking

1 Car: 1 Off Street: 1 Other - See Remarks: 1

Unit 3 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Porch/Patio: 1 Range/Oven: 1 Refrigerator: 1 Other - See Remarks: 1

Unit 4

Unit ID: Building C - 2 Story # BR: 3 # BA: 2 SqFt: 1595 Rent $: 2200

Unit 4 Parking

3+ Car: 1 Off Street: 1 Other - See Remarks: 1

Unit 4 Info

Ceiling Fan(s): 1 Den/Family Room: 1 Laundry Room: 1 Range/Oven: 1 Refrigerator: 1

ContractAddressLegal

Original List Price: 1450000 Listing Date: 2024-07-10 Status: Closed Listing Price: 1450000 Street #: 819 Direction: W Street Name: Gurley St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86305 Subdivision: None County: Yavapai Tax Parcel: 109-06-112A & 112B

Property Features

Building Type: 5+ Units; Other - See Remarks Construction: Block; Frame - Wood; Stucco Cooling: Gas Pack; See Remarks External Amenities: Fence; Handicap Access; Landscaped; Laundry Facilities; Patio/Deck/Balcony; Sprinkler/Drip Flooring: Carpet; Vinyl Heating: Electric; Gas Pack Owner Pays: Other - See Remarks Possession: At Recordation Records Available: Other - See Remarks Road Frontage Type: City Street Road Surface Type: Asphalt; 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: Electric Unit 1 Parking: 2 Car; Off Street Unit 1 Info: Ceiling Fan(s); Den/Family Room; Fireplace; Handicap Accessible; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 2 Parking: 2 Car; Off Street; Other - See Remarks Unit 2 Info: Ceiling Fan(s); Den/Family Room; Laundry Room; Range/Oven; Refrigerator; Other - See Remarks Unit 3 Parking: 1 Car; Off Street; Other - See Remarks Unit 3 Info: Ceiling Fan(s); Den/Family Room; Porch/Patio; Range/Oven; Refrigerator; Other - See Remarks Unit 4 Parking: 3+ Car; Off Street; Other - See Remarks Unit 4 Info: Ceiling Fan(s); Den/Family Room; Laundry Room; Range/Oven; Refrigerator
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: September - 24 - 2025
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