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737 Dameron Drive
Prescott AZ 86301 US

$599,000

Active Under Contract Listing ID 1080195
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5 bed
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3.00 Bath
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Lot: 0.17 Acres
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Other

$599,000

Active Under Contract Listing ID 1080195
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737 Dameron Drive Tucked beneath mature trees on one spacious parcel, this fully rented property presents a rare chance to secure three income-producing residences in one location--perfect for investors seeking steady returns or buyers envisioning a private family compound. The property includes a 2016-built duplex and a charming 1954 single-family home, offering flexibility for long-term rentals, multi-generational living, or a blend of both.Set apart at the front of the lot, the standalone 1-bedroom, 1-bath home offers privacy and character, complete with a storage loft, a newly installed roof, and a fully fenced yard--an appealing option for tenants or extended family members who value their own space. The duplex features two well-designed units, each offering 2 bedrooms and 1 bathroom with modern finishes that attract quality tenants. Stained concrete floors, granite countertops, dishwashers, and full-sized pantries provide both style and durability, while washer and dryer hookups add everyday convenience. The property offers generous parking and sits in a convenient location close to downtown, medical facilities, shopping, and dining, helping ensure continued rental demand. Strong tenants are already in place, making this a true turnkey investment.The seller currently covers HO insurance, water, sewer, trash, and property taxes. Reported net operating income is $44, 454, reflecting an approximate 7.4% cap rate.Please respect tenants' privacy--DO NOT DISTURB TENANTS. Showings require a minimum 48-hour notice and will only be scheduled with a Letter of Intent and/or Proof of Funds. An accepted offer is preferred prior to showings.The sellers also have another nearby property available and may consider a discount for buyers purchasing both. Please inquire about the additional listing at 827 Lincoln.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Ceiling Fan(s)
  • Exterior Finish: Fence
  • Floor Covering: Concrete, Wood, Tile
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 599000
  • unparsedaddress: 737 Dameron Drive
  • postalcity: Prescott
  • stateorprovince: AZ
  • country: US
  • postalcode: 86301
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.554535
  • longitude: -112.475516
  • listagentfullname: Geoffrey Hyland
  • listagentemail: geoff@prescottareaproperty.com
  • listagentkey: 3yd-PAARAZ-5346
  • listagentmlsid: 5346
  • listagentpreferredphone: 9282374425
  • listagentofficephone: 9282374425
  • listofficekey: 3yd-PAARAZ-5344004
  • listofficemlsid: 5344004
  • 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: 1955
  • listingcontractdate: 2026-03-11
  • listagenturl: http://www.prescottareaproperty.com
  • countyorparish: Yavapai
  • parcelnumber: 5
  • cooling: Central Air, Ceiling Fan(s)
  • constructionmaterials: Frame
  • flooring: Concrete, Wood, Tile
  • heating: Natural Gas
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Fence
  • rooms: Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1
  • utilities: Phone Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -112.47552, 34.554535
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Arizona Property Brokerage", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"geoff@prescottareaproperty.com", "ListBrokerageCity":"Phoenix", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Arizona Property Brokerage", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"532 E. Maryland Ave. Suite C ", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1953 Commerce Center Circle ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"5344004", "ListOfficeCity":"Prescott", "ListOfficeCountry":"USA", "ListOfficeEmail":"az.broker@exprealty.net", "ListOfficePostalCode":"86301", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Prescott, AZ", "ListingURL":null, "MLSModificationTimestamp":"2026-03-16 16:18:20", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1446, "TaxDescription":"DAMERON TR LOT 5 BLK 9 648/931 705-875", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/22/2026 4:33:34 AM GMT
Source Updated Date: 3/24/2026 12:49:21 PM GMT

Courtesy of: Geoffrey Hyland, eXp Realty, geoff@prescottareaproperty.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.