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431 S Cortez Street
Prescott AZ 86303 US

$299,999

Active Listing ID 1081638
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2 bed
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1.00 Bath (1 Full)
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Lot: 0.18 Acres
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Single Family Residence

$299,999

Active Listing ID 1081638
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431 S Cortez Street Prime redevelopment opportunity for investors and builders. This single-family property sits on a generously sized lot already zoned for high-density multi-family use, offering significant upside potential. The existing structure is a teardown, making way for a new construction project that can fully capitalize on the favorable zoning and downtown Prescott location. Located in a growing area with strong short and long-term rental demand, this site is ideal for redevelopment. Utilities are in place, and the lot offers convenient front and rear access, providing easy entry in case of multiple unit development, as well as streamlining the building process. Whether you're looking to add doors to your portfolio or develop and sell, this is a rare chance to secure land downtown Prescott, only two blocks from the Courthouse Plaza and Whiskey Row. Opportunities like this are becoming increasingly scarce; bring your vision and maximize the potential.

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Property Features

  • Facts
  • Lot Size: 0.18 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • Roof Type: Composition
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 299999
  • unparsedaddress: 431 S Cortez Street
  • postalcity: Prescott
  • stateorprovince: AZ
  • country: US
  • postalcode: 86303
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.18
  • lotsizeunits: Acres
  • lotsizearea: 0.18
  • livingarea: 827
  • livingareaunits: Square Feet
  • latitude: 34.5349
  • longitude: -112.468414
  • listagentfullname: Shane Parker
  • listagentemail: shanep365@gmail.com
  • listagentkey: 3yd-PAARAZ-32850
  • listagentmlsid: 32850
  • listagentpreferredphone: 9282352133
  • listagentofficephone: 9284422121
  • listofficekey: 3yd-PAARAZ-5162000
  • listofficemlsid: 5162000
  • 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: 1932
  • listingcontractdate: 2026-05-02
  • listagentfax: 9284422150
  • listagenturl: http://www.shaneparkerrealtor.com
  • countyorparish: Yavapai
  • parcelnumber: 16
  • constructionmaterials: Frame
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • windowfeatures: Single Pane Window(s)
  • rooms: Bathroom 1, Bedroom 2, Bedroom 1
  • utilities: Natural Gas Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -112.468414, 34.5349
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart Fine Homes and Land", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"shanep365@gmail.com", "ListBrokerageCity":"Prescott", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mdougherty8@cox.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"HomeSmart Fine Homes and Land", "ListBrokeragePhone":"928-442-2123", "ListBrokeragePostalCode":"86303", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"Suite 1B", "ListBrokerageUnparsedAddress":"3767 Karicio Lane", "ListBrokerageWebsiteUrl":"mailto:mdougherty8@cox.net", "ListOfficeAddress1":"140 N. Montezuma Street Suite 201", "ListOfficeAddress2":"Suite 1B", "ListOfficeBrokerMlsId":"5162000", "ListOfficeCity":"Prescott", "ListOfficeCountry":"US", "ListOfficeEmail":"prescotthomesmart@gmail.com", "ListOfficePostalCode":"86301", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Prescott, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/431-S-Cortez-St_Prescott_AZ_86303_M28448-95795?f=listhub&s=PAARAZ&m=1081638&c=rexren", "MLSModificationTimestamp":"2026-05-03 01:38:20", "Neighborhoods":[{"Description":null, "Name":"Prescott Original Township"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":535, "TaxDescription":"PRESCOTT LOT 16; E 45' OF N 11'OF LOT 18 AP8; BLK 33", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/3/2026 1:42:47 AM GMT
Source Updated Date: 5/10/2026 6:40:17 PM GMT

Courtesy of: Shane Parker, HomeSmart Fine Homes and Land, shanep365@gmail.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.