5 Unit Multifamily - Western | Garden

For Sale

622 / 624 Western Avenue | 201 / 201 1/2 / 203 Garden Street, Prescott, AZ 86305

This Prescott property for sale is located at 622 / 624 Western Avenue | 201 / 201 1/2 / 203 Garden Street. The current listed sale price for 5 Unit Multifamily - Western | Garden is $999,000. 5 Unit Multifamily - Western | Garden is situated on a lot that is 0.17 acre in size.

Contacts

Abigail Chartier

Arizona Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 3,198 SF
  • Units 5
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jun 30, 2026
Well-located in Prescott at 622 / 624 Western Avenue and 201 / 201 1/2 / 203 Garden Street, this multifamily property benefits from a corner setting with dual street frontage, offering convenient access for multiple units and strong rental appeal.Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of two 2-bedroom/1-bath units, two 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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Annual gross income of $86,160
  • Five-unit multifamily property consisting of two 2BR/1BA units, two 1BR/1BA units, and one studio
  • Fully occupied with stable in-place income
  • Individually metered for gas and electric, minimizing owner utility expenses
  • Located in Prescott with strong rental demand and long-term investment potential

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Prescott, AZ
  • Zip Code 86305

Points of Interest

  • Shell

    0.17 miles

  • Blink

    0.37 miles

  • Tesla Destination Charger

    0.61 miles

  • ChargePoint

    0.62 miles

  • Fry's Fuel Center

    0.67 miles

  • Wilson's Gas Plus

    0.78 miles

  • Maverik

    0.88 miles

  • Circle K

    1.02 miles

  • Texaco

    1.07 miles

  • Mike's

    1.17 miles

  • Garage on Granite

    0.42 miles

  • Granite Street Parking Garage

    0.43 miles

  • Peavine Trailhead

    3.57 miles

  • Spence Springs Trailhead

    3.71 miles

  • White Rock TraIlhead

    3.89 miles

  • Aspen Creek Trailhead Parking Lot

    4.18 miles

  • Watson Lake Park

    4.53 miles

  • West Spruce Trailhead Parking Lot

    4.79 miles

  • Lynx Creek Ruin Trailhead

    5.14 miles

  • Gold Pan Trailhead

    5.38 miles

  • Hilton Garden Inn Prescott Downtown

    0.40 miles

  • Hotel St. Michael

    0.44 miles

  • SpringHill Suites Prescott

    0.63 miles

  • the motor lodge

    0.84 miles

  • Quality Inn

    1.21 miles

  • Motel 6

    1.23 miles

  • Rodeway Inn Prescott

    1.37 miles

  • Highland Hotel

    1.54 miles

  • Best Western Prescottonian

    1.54 miles

  • Prescott Resort and Conference Center

    1.79 miles

  • Sprouts Farmers Market

    0.58 miles

  • Fry's Food and Drug

    0.75 miles

  • Whole Foods Market

    1.11 miles

  • Safeway

    1.25 miles

  • Walmart Supercenter

    1.54 miles

  • Natural Grocers

    1.72 miles

  • Target

    2.62 miles

  • Ross

    2.70 miles

  • JCPenney

    3.83 miles

  • Dillard's

    3.84 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.