PRIME LOCATION in Downtown Prescott (walking distance from ''The Square'') apartment building for vacation rental business or long-term leases. This building is currently operating with 5 long-term lease units and 3 vacation units (hosted on Airbnb) - no limitations to a new buyer making ALL of them vacation rentals if desired. Building underwent a significant renovation in 2020 that included: all new electrical, new HVAC systems, new central hot water & full interior upgrade. Vacation units are fully furnished, functional & turn-key-ready to continue operating (included in price). Units are Individually-metered. Coin-Op laundry facilities are available on-site. Historically, vacation rentals are fetching 2-2.5x of long-term leases so don't miss out on this amazing investment opportunity!
For sale
$1,600,000
215 E Willis St, Prescott, AZ 86301
5beds
5baths
5,687sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$1,514,400 Zestimate®
$281/sqft
$-- HOA
What's special
New central hot waterFull interior upgradeNew hvac systems
- 40 days
- on Zillow |
- 1,020 |
- 54 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 04:40pm
Listed by:
Jon Rocha 928-830-4552,
Southwest Homes Realty
Source: PAAR,MLS#: 1074559

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Forced Air, Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump, Ductless
Appliances
- Laundry: Laundry Facilities
Features
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 5,687
- Total interior livable area: 5,687 sqft
Property
Features
- Fencing: Fenced
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 1
- Zoning: MF-M
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Frame, Stone
- Roof: Metal
Condition
- Year built: 1905
Utilities & green energy
- Electric: 220 Volts
- Sewer: City Sewer
- Water: Public
- Utilities for property: Electricity Available, Individual Meter, Natural Gas Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Prescott
Financial & listing details
- Price per square foot: $281/sqft
- Annual tax amount: $1,596
- Date on market: 7/1/2025
- Exclusions: No
- Electric utility on property: Yes
- Road surface type: Alley Paved, Paved
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