# 520 S Cortez Street, Prescott, AZ 86303

> **TL;DR:** 8bd/7ba residential multi family, $1,250,000, built 1996.
> A/C. Est. $5,417/mo. Listed 93 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Bedrooms | 8 |
| Bathrooms | 7 |
| Year Built | 1996 |
| Lot Size | 22,651 sqft (0.52 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 93 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,417 |
| **Total** | **$5,417** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1996
- 0.52 acre lot
- 2 stories

## Description

### Agent Description
Exceptional Multi-Family Opportunity Near Downtown Prescott. Offered for the first time on the market, this rare four-plex is ideally located just moments from historic downtown Prescott, providing an outstanding opportunity for investors or owner-occupants alike. The property features four distinct floor plans constructed from 12 inch poured concrete walls, 4 inch thick concrete with steel web flooring girders. It includes a spacious owner's unit offering just over 1,600 square feet, perfect for comfortable on-site living while generating rental income from the remaining units with a beautiful covered temperature controlled Arizona room with west facing views. The four-plex presents an immediate income producing opportunity, with additional upside through light renovations and updates to further enhance value and long term returns, with a future elevator through a uniquely design shaft already on site. Situated on a triple lot, the property has exterior covered parking, paved road and alley access, a fenced in garden area, along with a motorhome pad with full hookups available. The property also offers significant future potential, as current zoning allows for the expansion of an additional multi-family building, making this a compelling value add or development play. With its prime proximity to downtown amenities, dining, and entertainment, and opportunities like this rarely coming available, this is a truly special Prescott investment property that blends location, income, and future growth potential.

## Location

- **Address:** 520 S Cortez Street, Prescott, AZ 86303
- **County:** Yavapai
- **Neighborhood:** Prescott Original Township
- **Coordinates:** 34.533289, -112.469327
- **Google Maps:** https://www.google.com/maps?q=34.533289,-112.469327

## Listing Agent

- **Name:** Trent Montgomery Beaver
- **Brokerage:** Better Homes And Gardens Real Estate Bloomtree Realty
- **Phone:** 9289161921
- **Email:** trent@trentbeaver.com

## Primary Photo

![520 S Cortez Street - Primary Photo](http://lh.rdcpix.com/8875e1d20cd685c8ae5f2bba17943884l-f531451808r.jpg)

*58 total photos available on [listing page](https://www.propertysimple.com/listing/520-s-cortez-street-prescott-az-86303-1078584)*

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**MLS#:** 1078584 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/520-s-cortez-street-prescott-az-86303-1078584)

---

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