324 S Pleasant Street, Prescott, AZ 86303

$749,900
5
BD
3
BA
1,930
SqFt

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List Price
$749,900
Year Built
1974
Acres
0.34
MLS#
1085182
Subdivision
Prescott Original Township
Bedrooms
5
Living Area
1,930
Lot Size
14,810

Property Description

This is more than a duplex--it's an opportunity to build your real estate portfolio in the heart of Prescott, Arizona. Located just 3.5 blocks from Historic Downtown Prescott, Courthouse Square and Whiskey Row, this property sits on a double lot with the ability to have up to 8 units, offering significant potential for future development and additional income streams. The existing property can function as a duplex or a 5-bedroom, 3-bath single-family residence, giving investors multiple strategies from day one. Use it as a long-term rental, furnished rental, house-hack opportunity, or explore Airbnb/VRBO potential while planning additional units on the property. Its proximity to Downtown Prescott makes it especially attractive for tenants and visitors seeking convenient access to restaurants, shopping, entertainment and year-round events. Not just for investors, the flexible layout also creates an excellent multigenerational living opportunity, allowing adult children, extended family, or aging parents to enjoy separate living spaces while remaining under one roof. Whether you're searching for a Prescott investment property, duplex for sale, multifamily property, short-term rental opportunity, development property, income-producing real estate, or a property with room to add additional units, this one offers multiple paths to unlock its potential. Double lot. Ability to have up to 8 units. Only 3.5 blocks from Downtown Prescott. Multiple income possibilities. One property with serious potential. Buyer to verify zoning, unit count, short-term rental eligibility, approvals and development requirements with the City of Prescott.

Additional Information

Style
Contemporary
Appliances
Dishwasher, Washer, Gas Cooktop, Range, Oven, Electric Range, Dryer, Disposal
Construction
Block, Stucco, Frame
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Driveway Concrete, Storm Gutters, Landscaping-Rear, Landscaping-Front
Fencing
Back Yard
Flooring
Carpet, Tile
Heating
Electric, Natural Gas, Forced Air
Interior Features
Kit/Din Combo, Wash/Dry Connection, See Remarks, Master Downstairs, Live on One Level, Laminate Counters
Other Rooms
In-Law Suite, Other - See Remarks, Laundry Room
Pets Animals
Domestics
Possession
At Recordation
REO/Short Sale
Not Applicable
Roof
Composition
Stories
1
Taxes
$1,366
Tax Year
2025
Topo Location
Level, Other Trees, Other - See Remarks
Water Heater
Natural Gas, Two or More
Zoning
MF-H

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Calculator source: Real Geeks

Listing courtesy of Realty Executives Arizona Territory.

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