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320 S Cortez Street
Prescott AZ 86303 US

$3,286,000

Active Listing ID 1082558
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17 bed
bath icon
17.00 Bath
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Lot: 0.34 Acres
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Other

$3,286,000

Active Listing ID 1082558
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320 S Cortez Street Prime investment opportunity in the heart of Downtown Prescott. The Pillars, located at 320 S. Cortez Street, is a historic 17-unit multifamily property featuring 7 studio and 10 one-bedroom apartments in a highly desirable, walkable location near Courthouse Square, shopping, dining, entertainment and local events.The approximately 10, 000 SF brick-and-concrete building sits on 0.34 acres and offers historic architectural character, with select units featuring original hardwood flooring. Several units have been updated, providing additional opportunity to renovate remaining units and enhance rental income.Property amenities include on-site coin-operated laundry, gated lower-level access, and private parking. Some units offer city and mountain views. The desirable unit mix established rental history and prime downtown location make this a compelling opportunity for investors seeking a well-positioned multifamily asset with value-add potential.17 Units | 7 Studios | 10 One-Bedrooms | Approx. 10, 000 SF | 0.34 AcresFor additional information or to schedule a private showing, contact Michael Aldridge.This exceptional opportunity won't last long. Historical significance of the Pillars is outlined in the More... section. Title is being held open see private remarks.

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Property Features

  • Facts
  • Lot Size: 0.34 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s)
  • Exterior Finish: Laundry Facilities
  • Floor Covering: Vinyl, Wood, Tile, Laminate
  • Roof Type: Asphalt
  • Heating Fuels: Electric (Heating), Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3286000
  • unparsedaddress: 320 S Cortez Street
  • postalcity: Prescott
  • stateorprovince: AZ
  • country: US
  • postalcode: 86303
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.34
  • lotsizeunits: Acres
  • lotsizearea: 0.34
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.537345
  • longitude: -112.469239
  • listagentfullname: Michael A Aldridge
  • listagentemail: michael@pacwestlending.com
  • listagentkey: 3yd-PAARAZ-34231
  • listagentmlsid: 34231
  • listagentpreferredphone: 6027624830
  • listagentofficephone: 6027624830
  • listofficekey: 3yd-PAARAZ-4716000
  • listofficemlsid: 4716000
  • 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: 1942
  • listingcontractdate: 2026-06-03
  • listagenturl: https://www.pacwestlending.com
  • countyorparish: Yavapai
  • parcelnumber: 7
  • cooling: Ceiling Fan(s)
  • constructionmaterials: Brick
  • flooring: Vinyl, Wood, Tile, Laminate
  • heating: Electric (Heating), Baseboard
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Laundry Facilities
  • rooms: Bedroom 11, Bathroom 5, Bathroom 12, Bathroom 4, Bedroom 16, Bathroom 9, Bedroom 10, Bathroom 15, Bedroom 7, Bathroom 10, Bedroom 3, Bedroom 8, Bedroom 15, Bathroom 14, Bathroom 6, Bathroom 17, Bedroom 1, Bedroom 9, Bathroom 1, Bedroom 4, Bathroom 7, Bedroom 13, Bedroom 17, Bedroom 12, Bedroom 14, Bathroom 8, Bedroom 2, Bathroom 13, Bathroom 16, Bathroom 3, Bedroom 5, Bathroom 2, Bathroom 11, Bedroom 6
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -112.46924, 34.537346
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"DPR Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"michael@pacwestlending.com", "ListBrokerageCity":"Scottsdale", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"DPR Realty, LLC", "ListBrokeragePhone":"(602) 318-0677", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"#129", "ListBrokerageUnparsedAddress":"14300 N. Northsight Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"14300 N. Northsight Blvd. #125", "ListOfficeAddress2":"#129", "ListOfficeBrokerMlsId":"4716000", "ListOfficeCity":"Scottsdale", "ListOfficeCountry":"US", "ListOfficeEmail":"matt@delexrealty.com", "ListOfficePostalCode":"85260", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Prescott, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/320-S-Cortez-St_Prescott_AZ_86303_M28716-90008?f=listhub&s=PAARAZ&m=1082558&c=rexren", "MLSModificationTimestamp":"2026-08-23 06:36:20", "Neighborhoods":[{"Description":null, "Name":"Prescott Original Township"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2950, "TaxDescription":"PRESCOTT ORIGINAL TOWNSITE PER MP 4/22 LOT 7 & 9 BLK 26 LESS THE N 8' OF THE E 52.2'", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/5/2026 4:32:50 AM GMT
Source Updated Date: 10/6/2026 12:47:03 AM GMT

Courtesy of: Michael A Aldridge, Delex Realty, michael@pacwestlending.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.