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$1,500,000
6
Beds
0
Baths
0
Sqft
502 Western Avenue, Prescott, Arizona, 86301
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MLS# 1078679
Rare downtown Prescott multi-unit opportunity on one parcel
$1,500,000
502 Western Avenue, Prescott, Arizona, 86301
6
Beds
0
Baths
0
Sqft
0.170
Acres
$1,500,000
502 Western Avenue, Prescott, Arizona, 86301
6 Beds
0 Baths
0 Sqft
0.170 Acres
Rare downtown Prescott multi-unit opportunity on one parcel. This Multi-Family High-Density (MF-H) zoned property features three residential units across two buildings totaling approximately 4,283 sq ft, offering strong income potential and flexible use for investors or owner-occupants.The primary residence at 502 Western is a unique 2,808 sq ft concrete home featuring ADA accessibility, elevator access, and a 2-car garage. The main level includes a bedroom with fireplace, family room, laundry, storage, bath, large safe, and elevator access. The upper level offers two bedrooms, two baths, and a spacious open living area with fireplace and kitchen, plus third-floor storage. Flooring, paint, and appliances were updated in 2020.The Summit Avenue structure totals approximately 1,475 sq ft and includes two additional residential units, updated in 2015. One unit offers two bedrooms, one 3/4 bath, living area, laundry, and private patio. The second unit is a studio apartment with kitchenette, 3/4 bath, and laundry.Property was previously licensed for short term rental use and was later permitted for short or long term residential occupancy accommodating up to 14 people. Multiple structures are located on one parcel.
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Accessibility Features
Accessible Approach with Ramp
Property Details
6 Beds
0 Baths
0 Sqft
Built 1960
0.170 Acres
No Patio
Electric (Heating), Forced Air
Siding : Block, Frame, Stucco
Asphalt, Rolled Hot Mop Roof
$1,610 Property Tax
Fleurys Addition Community
Yavapai County
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Location
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About Prescott
Ad Statistics
Ad Number
7117850
Viewed
16 times
Added
Jan 12, 2026
Updated on
Jan 21, 2026
Listing Information
Data Source
Prescott Area Association of Realtors®
Source Property ID
1078679
Disclaimer
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Compliance
Listing Agent: Amy Kay Davis, Realty ONE Group Mountain Desert, 928-350-5759, 928-440-2522 Listing Site, Listing Status: Active
Copyright © 2025 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.
Copyright © 2025 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.
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