325 E UNION Street, Prescott, AZ 86303 (MLS# 7006567)

325 E UNION Street, Prescott, AZ 86303

$1,325,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,325,000 Last Modified: 4/01/2026

Description

One of a kind income property in beautiful downtown Prescott, just a stroll to the Historic Courthouse Square. Property listed on the Historic Register, original build being 1919, the 3rd unit being added in the 2002, but in-keeping with the flair of the original charming structure. Updated throughout, including plumbing & electrical. Operating as a successful medium term rental business (94% of occupancy in 2025 was 1-6 months leases) with financial reports showing consistent figures, available to qualified serious buyers. Three units total; The Cottage - 1400 sq ft, 2 bed/2 bath, single level with large, private courtyard for outside living. The Townhouse: 1100 sq ft, 2 bed/I.5 bath, 2 levels w personal yard space. The Terrace: 1100 sq ft, 2 bed/1 bath, upper unit with cozy, ...

Supplements: One of a kind income property in beautiful downtown Prescott, just a stroll to the Historic Courthouse Square. Property listed on the Historic Register, original build being 1919, the 3rd unit being added in the 2002, but in-keeping with the flair of the original charming structure. Updated throughout, including plumbing & electrical. Operating as a successful medium term rental business (94% of occupancy in 2025 was 1-6 months leases) with financial reports showing consistent figures, available to qualified serious buyers. Three units total; The Cottage - 1400 sq ft, 2 bed/2 bath, single level with large, private courtyard for outside living. The Townhouse: 1100 sq ft, 2 bed/I.5 bath, 2 levels w personal yard space. The Terrace: 1100 sq ft, 2 bed/1 bath, upper unit with cozy, north facing deck. All units fully furnished & equipped and have individual laundry facilities and climate control systems. Potential for owner occupancy and rent other two units. Each unit has their own character & personality, not to mention LOCATION LOCATION LOCATION. Paved parking in front on Union St, and additional street parking on Pleasant. Owner will carry with substantial down payment, inquire for additional terms. ALL UNITS CURRENTLY OCCUPIED. PLEASE respect tenants rights, do not disturb! In person showings only with accepted offer.

More Information MLS# 7006567

Contract Info

Current Price: $1,325,000 List Price: $1,325,000 Status: Active List Date: 2026-03-31 Ownership: Fee Simple

Location Tax Legal

House Number: 325 Compass: E Street Name: UNION St Suffix: Street City/Town Code: Prescott State/Province: AZ Zip Code: 86303 Zip4: 3821 County Code: Yavapai Subdivision: PRESCOTT Assessor Number: 109-01-041 Tax Year: 2025

General Property Description

Lot Size Dimensions: --- Year Built: 1919 Uncvrd Parking Spcs: 6 Total # of Units: 3 # of Buildings: 1 Zoning: MF-H Elementary School District: Prescott Unified District High School District: Prescott Unified District

Remarks Misc

Directions: Gurley St, South on Pleasant, West on Union. Property on corner of Pleasant & Union. Geo Lat: 34.540636 Geo Lon: -112.464938

Legal Info

Township: 13 Range: 2W Section: 4 Block: 17 Lot Number: 13

Income Expenses

Gross Annual Sch Inc: 120000 Net Operating Income: 87000

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 3500 Avg SqFt: 1200 # Baths: 15

Property Features

Project Type: Tri-Plex Construction: Wood Frame; Brick Const - Finish: Painted; Stucco Roofing: Composition Floors: Tile; Vinyl; Wood; Carpet Sale Includes: Land & Building; Personal Property; Laundry Equipment; Other (See Remarks) Community Features: Other Appliances Included: Built-In Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer; W/D Hookup Heating: Natural Gas Cooling: Ceiling Fan(s); Central Air; Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: Unisource Parking Features: >1 Space Per Unit; Off Street; Other Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Electric; Gas; Trash Collection; Cable TV; Landscaping Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: See Private Remarks; None New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange; Other (See Remarks) Environmental: None
Listing Office: RMA-Mountain Properties
Last Updated: April - 01 - 2026
325 E UNION Street, Prescott, AZ 86303- MLS# 7006567
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