Congress Realty
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$1,100,000
Monthly Est:$5,475
3 Beds
3 Baths
5,208sqft
314 S Virginia St, Prescott, AZ 86303
$1,100,000
$5,475/moEst:
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Multi Family
Built in 1980
$-- HOA
7,405 sqft lot
$211/sq.ft
Description
Positioned minutes from Prescott's vibrant Courthouse Plaza, this well-located 8-unit apartment complex presents an outstanding opportunity to acquire a multifamily asset in one of Northern Arizona's highly sought-after rental markets. Residents enjoy convenient access to downtown's restaurants, boutiques, entertainment, and employment centers, making this a desirable location for long-term tenancy. This property offers investors the opportunity to benefit from Prescott's strong downtown rental demand, and attractive lifestyle appeal. Whether implementing strategic value-add improvements, optimizing rental income over time or pursuing immediate cash flow, this property provides multiple avenues to enhance returns. Opportunities to acquire smaller apartment complexes in Prescott are increasingly limited. This 8-unit property offers investors the rare combination of location, consistent rental demand, and upside potential in a market that continues to experience strong housing demand and constrained multifamily supply.
- Houzeo last checked: 3 hours ago
- Listing updated: August 18, 2026 at 6:17 pm
- Listing Provided by: Sandra F Shaffer (928) 899-3111 , Mary Jo Kirk | Invest Southwest (928) 899-3111
- Source: Prescott AOR MLS-AZ as distributed by MLS GRID | MLS#: 1084217
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
5,208 sqft
Lot Size
7,405 sqft lot
Basement Area
- sqft
MLS Name
Prescott AOR MLS
MLS Number
1084217
Days on Market
96
Cumulative Days on Market
13
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Flooring
Carpet, Vinyl
Exterior Features
Laundry Facilities
Heating
Baseboard
Cooling
Ceiling Fan(s), Room Refrigeration
Construction
Year Built
Year Built: 1980
Home type
Multi Family
Construction Materials
Frame
Roof
Asphalt
Utilities & Energy
Water Source
Public
Utilities
Electricity Available, Natural Gas Available, Underground Utilities, Wwt City Sewer
Price History
| Date | Event | Price |
|---|---|---|
08/18/2026 Source: #PAR1084217 | Pending | $1,100,000 $211/sqft |
08/07/2026 Source: | Listed for Sale | $1,100,000 $211/sqft |
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Based on information from the Prescott Area Association of REALTORS® (alternatively, from the PAAR MLS) through Nov 05, 2026, 12:45PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The display of MLS data is deemed reliable but not guaranteed to be accurate by the MLS. Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Prescott Area Association of REALTORS® All rights reserved.
Advertising Broker: Jared Andrew English | Congress Realty, Inc
