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314 S Virginia Street
Prescott AZ 86303 US

$1,100,000

Active Listing ID 1084217
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3 bed
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3.00 Bath
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Lot: 0.17 Acres
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Other

$1,100,000

Active Listing ID 1084217
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314 S Virginia Street Positioned minutes from Prescott's vibrant Courthouse Plaza, this well-located 8-unit apartment complex presents an outstanding opportunity to acquire a multifamily asset in one of Northern Arizona's highly sought-after rental markets. Residents enjoy convenient access to downtown's restaurants, boutiques, entertainment, and employment centers, making this a desirable location for long-term tenancy. This property offers investors the opportunity to benefit from Prescott's strong downtown rental demand, and attractive lifestyle appeal. Whether implementing strategic value-add improvements, optimizing rental income over time or pursuing immediate cash flow, this property provides multiple avenues to enhance returns. Opportunities to acquire smaller apartment complexes in Prescott are increasingly limited. This 8-unit property offers investors the rare combination of location, consistent rental demand, and upside potential in a market that continues to experience strong housing demand and constrained multifamily supply.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: Laundry Facilities
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Asphalt
  • Heating Fuels: Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1100000
  • unparsedaddress: 314 S Virginia Street
  • postalcity: Prescott
  • stateorprovince: AZ
  • country: US
  • postalcode: 86303
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.537463
  • longitude: -112.462299
  • listagentfullname: Sandra F Shaffer
  • listagentemail: sandy@investsw.com
  • listagentkey: 3yd-PAARAZ-1985
  • listagentmlsid: 1985
  • listagentpreferredphone: 9288993111
  • listagentofficephone: 9288993111
  • listofficekey: 3yd-PAARAZ-5687000
  • listofficemlsid: 5687000
  • disclaimer: Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARAZ
  • yearbuilt: 1980
  • listingcontractdate: 2026-08-01
  • listagenturl: http://www.greaterprescott.com
  • countyorparish: Yavapai
  • parcelnumber: 9
  • cooling: Ceiling Fan(s)
  • constructionmaterials: Frame
  • flooring: Carpet, Vinyl
  • heating: Baseboard
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Laundry Facilities
  • rooms: Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3
  • utilities: Natural Gas Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -112.462296, 34.537464
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Sandra F Shaffer", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sandy@investsw.com", "ListBrokerageCity":"Prescott", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Sandra F Shaffer", "ListBrokeragePhone":"(928) 899-3111", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1808 Oaklawn Dr", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1808 Oaklawn Dr. ", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"5687000", "ListOfficeCity":"Prescott", "ListOfficeCountry":"US", "ListOfficeEmail":"sandy@greaterprescott.com", "ListOfficePostalCode":"86305", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Prescott, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/314-S-Virginia-St_Prescott_AZ_86303_M97422-67088?f=listhub&s=PAARAZ&m=1084217&c=rexren", "MLSModificationTimestamp":"2026-08-08 04:01:24", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1277, "TaxDescription":"BASHFORD TRACT BLK 2 LOT 9 CONT .17AC", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/8/2026 4:02:11 AM GMT
Source Updated Date: 8/12/2026 12:56:16 AM GMT

Courtesy of: Sandra F Shaffer, Invest Southwest, sandy@investsw.com

Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.