224 Madison Avenue, Prescott, AZ 86301

$162,500
4
BD
3
BA
1,296
SqFt

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Sold Price
$162,500
List Price
$174,500
Closing Date
Aug 19, 2026
Year Built
1956
Acres
0.17
MLS#
1081167
Subdivision
Bashford Tract
Bedrooms
4
Living Area
1,296
Lot Size
7,405

Property Description

HGTV called....they want their pilot episode back. This fully gutted property is down to the studs and ready for someone with vision, grit, and probably a contractor on speed dial. Zoned MF-M multi-family and already framed for a possible duplex, this project has electrical and plumbing in place and is set up for a planned layout of one 3 bedroom, 2 bath unit and one 1 bedroom, 1 bath unit. Whether you're looking to create a primary residence with separate living quarters, accommodate multi generational living, or add a unique income producing property to your portfolio, this one offers multiple paths to value. Complete the project and bring this blank slate opportunity back to life, with possible additional development in the rear, subject to buyer verification.

Additional Information

Style
Traditional
View
City
Appliances
See Remarks
Construction
Frame, Stucco
Cooling
Central Air
Exterior Features
See Remarks
Financing
Other
Flooring
Other
Heating
Forced - Gas
Interior Features
See Remarks
Closing Date
Aug 19, 2026
Pets Animals
Domestics
Possession
At Recordation
REO/Short Sale
REO/Lndr Own Prop
Roof
Composition
Stories
1
Taxes
$833
Tax Year
2025
Topo Location
Other - See Remarks
Water Heater
Natural Gas
Zoning
MF-M (MH)

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Calculator source: Real Geeks

Listing courtesy of Rent Right and Home Right. Selling Office: Iannelli and Associates Real Estate.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®