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520 S Cortez Street
Prescott AZ 86303 US

$1,250,000

Active Listing ID 1078584
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9 bed
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Lot: 0.52 Acres
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Other

$1,250,000

Active Listing ID 1078584
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520 S Cortez Street Exceptional Multi-Family Opportunity Near Downtown Prescott. Offered for the first time on the market, this rare four-plex is ideally located just moments from historic downtown Prescott, providing an outstanding opportunity for investors or owner-occupants alike. The property features three distinct floor plans, including a spacious owner's unit offering just over 1, 600 square feet, perfect for comfortable on-site living while generating rental income from the remaining units. The four-plex presents an immediate income producing opportunity, with additional upside through light renovations and updates to further enhance value and long term returns. Situated on a triple lot, the property also offers significant future potential, as current zoning allows for the expansion of an additional multi-family building, making this a compelling value add or development play. With its prime proximity to downtown amenities, dining, and entertainment, and opportunities like this rarely coming available, this is a truly special Prescott investment property that blends location, income, and future growth potential.

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Property Features

  • Facts
  • Lot Size: 0.52 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Ceiling Fan(s)
  • Exterior Finish: Balcony
  • Floor Covering: Carpet, Tile
  • Roof Type: Metal
  • Heating Fuels: Natural Gas, Heat Pump (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1250000
  • unparsedaddress: 520 S Cortez Street
  • postalcity: Prescott
  • stateorprovince: AZ
  • country: US
  • postalcode: 86303
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.52
  • lotsizeunits: Acres
  • lotsizearea: 0.52
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.533289
  • longitude: -112.469327
  • listagentfullname: Trent Montgomery Beaver
  • listagentemail: trent@trentbeaver.com
  • listagentkey: 3yd-PAARAZ-7448
  • listagentmlsid: 7448
  • listagentpreferredphone: 9289161921
  • listagentofficephone: 9284438800
  • listofficekey: 3yd-PAARAZ-5358000
  • listofficemlsid: 5358000
  • 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: 1996
  • listingcontractdate: 2026-01-07
  • listagentfax: 9284438822
  • listagenturl: http://www.premierprescotthomes.com
  • countyorparish: Yavapai
  • parcelnumber: 9
  • cooling: Central Air, Ceiling Fan(s)
  • constructionmaterials: Block, Frame, Stucco
  • flooring: Carpet, Tile
  • heating: Natural Gas, Heat Pump (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Balcony
  • rooms: Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 7, Bathroom 6, Bathroom 4, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 9, Bathroom 5, Bedroom 1, Bathroom 7, Bedroom 5
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -112.46933, 34.53329
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Better Homes And Gardens Real Estate Bloomtree Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"trent@trentbeaver.com", "ListBrokerageCity":"Prescott", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Better Homes And Gardens Real Estate Bloomtree Realty", "ListBrokeragePhone":"(928) 848-3400", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"102 W Gurley St #102", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"102 W Gurley St #102 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"5358000", "ListOfficeCity":"Prescott", "ListOfficeCountry":"USA", "ListOfficeEmail":"renabroker@gmail.com", "ListOfficePostalCode":"86301", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Prescott, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/520-S-Cortez-St_Prescott_AZ_86303_M90801-53094?f=listhub&s=PAARAZ&m=1078584&c=rexren", "MLSModificationTimestamp":"2026-01-08 16:00:20", "Neighborhoods":[{"Description":null, "Name":"Prescott Original Township"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2938, "TaxDescription":"PRESCOTT ORIGINAL TOWNSITE M&P 4/22, BLK 38 LOTS 9, 11 & 13", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/8/2026 4:00:57 PM GMT
Source Updated Date: 1/10/2026 12:41:48 PM GMT

Courtesy of: Trent Montgomery Beaver, Better Homes And Gardens Real Estate Bloomtree Realty, trent@trentbeaver.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.