$849,500
Prescott, AZ 86301
MLS# 6920318
Status: UCB (Under Contract-Backups)
1 / 47
Property Description
Beautifully renovated fourplex in the heart of Prescott. Four 2BR/1BA units, each with updated kitchens, baths, flooring, fixtures, blinds, appliances, water heaters, Low-E windows, and paint. Owners have invested over 100k in upgrades, including new roof (2024), porcelain plank tile in some units, added pantries and cabinetry. Culvert systems, waterproofing, and reconfigured entry for proper drainage. All units include refrigerators and washer/dryers. Concrete parking front and back for 7 vehicles; each unit has a fenced patio. Walking distance to parks, groceries, hospital, Yavapai College, Whiskey Row, and Courthouse Plaza. Turnkey with strong rentability—ideal for investors or house hackers: live in one unit and let tenants pay the mortgage.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $849,500
List Price: $849,500
Status: UCB (Under Contract-Backups)
List Date: 2025-09-16
Location, Tax & Legal
Assessor's Map #: 5
Legal Description (Abbrev): TR 150X50' BY M&B IN S2 SW4 SEC 28 14 2W LYNG N & ADJ LOT2 BLK 4 OF DAMERON TR AP6 550/673
Assessor's Parcel #: 48
Add'l Parcels: No
Tax Municipality: Prescott
Census Tract: 900
Taxes: 1434
Legal: TR 150X50' BY M&B IN S2 SW4 SEC 28 14 2W LYNG N & ADJ LOT2 BLK 4 OF DAMERON TR AP6 550/673
Marketing Name: None
House Number: 828
Street Name: Lincoln
St Suffix: Avenue
City/Town Code: Prescott
State/Province: AZ
Zip Code: 86301
Zip4: 1953
County Code: Yavapai
Assessor Number: 113-05-048
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 150X50'
Flood Zone: Yes
Total # of Units: 4
Elementary School District: Prescott Unified District
High School District: Prescott Unified District
Elementary School: Abia Judd Elementary School
Jr. High School: Granite Mountain Middle School
High School: Prescott High School
Year Built: 1985
Zoning: MF-M
Legal Info
Range: 2W
Section: 28
Township: 14N
Lot Number: 2
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Other: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1434
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 64377.7
Pmt & Rate Info
Cap Rate: 6.09
Equity: 849500
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Evaporative Cooling: 1
Exterior Amenities
Fenced: 1
Tenant Pays
Electricity: 1
Appliances Included
Built-In Electric Oven: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer: 1
Road Access Type
Dedicated Street: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
1 Space/Unit: 1
Electric
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-415-0783
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1350
Avg SqFt: 725
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Whipple St and Lincoln Ave
Directions: South on Lincoln to the property on the west side of the street.
Geo Lat: 34.556014
Geo Lon: -112.474929
Income Expenses
Gross Annual Sch Inc: 67766
Net Operating Income: 51741
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted
Roofing: Other
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced
Appliances Included: Built-In Electric Oven; Refrigerator; Microwave; Washer/Dryer
Cooling: Evaporative Cooling
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Individual Meter
Gas: None
Parking Features: On Street; 1 Space/Unit
Road Access Type: Dedicated Street
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner; Projected Proforma
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: HomeSmart
Last Updated: December - 20 - 2025
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