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About This Home

This 4-bedroom, 3-bathroom single family at 658 W Gurley Street unit: 1-4 in Prescott, AZ is listed for $849,000 ($494 per sqft). Built in 1914, the home offers 1,718 sqft of living space on a 0.18 acres lot.

Agent Description

Income-producing multi-family property with stable in-place rents and future value-add potential in a prime central location.This versatile asset offers immediate cash flow with all three units currently rented and operating under a utilities-included rental structure, providing simplified management and consistent occupancy.Zoned Business General

and designated historic (potential property tax advantages), the property is located just 0.6 miles from downtown, with convenient access to shopping, dining, and services.The main residence (Unit 1) is a 5-bedroom, 3-bath home currently rented at $3,200/month (utilities included).

Features include updated windows, original wood flooring, formal living and dining rooms, a dedicated laundry room, and a walk-out basement offering ample storage. Three bedrooms provide private exterior access, allowing flexibility for rental, office, or live/work use.A separate two-story building contains two 1-bedroom, 1-bath apartment units:Uni

t 3: $1,400/month (utilities included)Unit 4: $1,300/month (utilities included)Each unit includes its own living space, kitchen, and private patio, well-suited for long-term tenancy.Recent improvements include a newer water heater in Unit 3 & 4, a newer wall heater in Unit 4, and recently serviced A/C in the main house.

An additional unfinished 1,000+ sq. ft. area offers upside potential for future income or expansion (buyer to verify).A compelling opportunity to acquire a centrally located multi-family property with in-place income today and repositioning upside tomorrow.Property offered in its current condition. Seller has completed prior inspections, including general inspection, radon, air quality, and sewer scope. Reports available for buyer review. Price reflects condition.

Key Features

  • Built in 1914
  • 0.18 acre lot

Property Details

1 story
3 full
1914

Amenities

A/C

Monthly Cost Estimate

$4,541/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,679
Insurance$248

Estimates only. Actual payments may vary.

Location

658 W Gurley Street unit: 1-4

Prescott, AZ 86305

Fleurys Addition

Features & Amenities

Interior Features

Ceiling Fan(s)Formal DiningLaminate CountersLive on One LevelMaster DownstairsPantryWash/Dry Connection

Exterior Features

Driveway ConcretePantry

Property Details

Flooring

WoodLaminate

Construction

Block Frame

Heating

Forced Air

Cooling

Ceiling Fan(s)Central Air

Appliances

PantryDishwasherDisposalDryerGas RangeMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 658 W Gurley Street unit: 1-4 is listed at $849,000 ($494/sqft). The estimated monthly payment is $3,679 based on 20% down at 6.5% interest.

Key features include: Built in 1914, 0.18 acre lot. Interior Features: Ceiling Fan(s), Formal Dining, Laminate Counters. Exterior Features: Driveway Concrete, Pantry.

This property is listed by Teresa Lohmeier PLLC and can be reached at 9287563636 or teresa@bespokeprescott.com.

TP

Teresa Lohmeier PLLC

Agent at Above The Best Realty LLC

(928) 756-3636

Listed by Above The Best Realty LLC

MLS# 1079369· Source: listhub· Updated 65 days ago

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.

658 W Gurley Street unit: 1-4, Prescott, AZ 86305

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