Congress Realty
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Street View
$3,286,000
Monthly Est:$16,356
17 Beds
17 Baths
8,143sqft
320 S Cortez St, Prescott, AZ 86303
$3,286,000
$16,356/moEst:
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Multi Family
Built in 1942
$-- HOA
14,810 sqft lot
$404/sq.ft
Description
Prime investment opportunity in the heart of Downtown Prescott. The Pillars, located at 320 S. Cortez Street, is a historic 17-unit multifamily property featuring 7 studio and 10 one-bedroom apartments in a highly desirable, walkable location near Courthouse Square, shopping, dining, entertainment and local events.The approximately 10,000 SF brick-and-concrete building sits on 0.34 acres and offers historic architectural character, with select units featuring original hardwood flooring. Several units have been updated, providing additional opportunity to renovate remaining units and enhance rental income.Property amenities include on-site coin-operated laundry, gated lower-level access, and private parking. Some units offer city and mountain views. The desirable unit mix established rental history and prime downtown location make this a compelling opportunity for investors seeking a well-positioned multifamily asset with value-add potential.17 Units | 7 Studios | 10 One-Bedrooms | Approx. 10,000 SF | 0.34 AcresFor additional information or to schedule a private showing, contact Michael Aldridge at 602-762-4830.This exceptional opportunity won't last long. Historical significance of the Pillars is outlined in the More... section. Title is being held open see private remarks.
- Houzeo last checked: 12 minutes ago
- Listing updated: August 23, 2026 at 6:36 am
- Listing Provided by: Michael A Aldridge (602) 762-4830 | Delex Realty (602) 910-3002
- Source: Prescott AOR MLS-AZ as distributed by MLS GRID | MLS#: 1082558
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1942
HOA Fees
-
Finished Area
8,143 sqft
Lot Size
14,810 sqft lot
Basement Area
- sqft
MLS Name
Prescott AOR MLS
MLS Number
1082558
Days on Market
160
Cumulative Days on Market
81
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 17
Interior
Flooring
Laminate, Tile, Vinyl, Wood
Heating
Baseboard, Electric
Cooling
Ceiling Fan(s)
Exterior Features
Laundry Facilities
Construction
Year Built
Year Built: 1942
Home type
Multi Family
Construction Materials
Brick
Roof
Asphalt
Utilities & Energy
Electric
220 Volts
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water Source
Public
Other Features
Subdivision Name
Prescott Original Township
Price History
| Date | Event | Price |
|---|---|---|
09/27/2025 Source: | Off Market | $3,286,000 +0.84% $404/sqft |
09/27/2025 Source: | Listed for Sale | $3,258,600 -0.83% $400/sqft |
09/27/2025 Source: | Price Increased | $3,286,000 +269.21% $404/sqft |
08/01/2016 Source: | Sold | $890,000 -19.46% $109/sqft |
10/15/2015 Source: | Listing Removed | $1,105,000 $136/sqft |
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Based on information from the Prescott Area Association of REALTORS® (alternatively, from the PAAR MLS) through Nov 11, 2026, 05:15AM 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
