About This Home

This 0-bedroom, 0-bathroom residential multi family at 622 Western Avenue in Prescott, AZ is listed for $999,000. Built in 1930, on a 0.17 acres lot.

Key Features

  • Built in 1930
  • 0.17 acre lot

Property Details

1 story
1930
Listing Description

Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base.The property is fully occupied with a total annual gross income of $86,160.00, delivering immediate and stable cash flow.

Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility.With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.

Monthly Cost Estimate

$5,343/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,329
Insurance$291

Estimates only. Actual payments may vary.

Location

622 Western Avenue

Prescott, AZ 86305

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 622 Western Avenue is listed at $999,000. The estimated monthly payment is $5,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.17 acre lot.

This property is listed by Abigail Chartier.

AC

Abigail Chartier

Agent at Arizona Property Brokerage

Listed by Arizona Property Brokerage · Broker phone: 9285151223 · View on Broker Site

MLS# 1080130· Source: Prescott Area Association of Realtors®· 236 days on PropertySimple

Copyright © 2026 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.

622 Western Avenue, Prescott, AZ 86305

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