431 S Cortez Street, Prescott, AZ 86303
- $275,000
- 2
- BD
- 1
- BA
- 827
- SqFt
- List Price
- $275,000
- Price Change
- ▼ $10,000 1785054039
- Status
- ACTIVE
- MLS#
- 1081638
- City
- Prescott
- Bedrooms
- 2
- Bathrooms
- 1
- Living SQFT
- 827
- Lot Size
- 7,841
- Subdivision
- Prescott Original Township
- Year Built
- 1932
- Type
- Single Family Residence
Property Description
Prime redevelopment opportunity for investors and builders. This single-family property sits on a generously sized lot already zoned for high-density multi-family use, offering significant upside potential. The existing structure is a teardown, making way for a new construction project that can fully capitalize on the favorable zoning and downtown Prescott location. Located in a growing area with strong short and long-term rental demand, this site is ideal for redevelopment. Utilities are in place, and the lot offers convenient front and rear access, providing easy entry in case of multiple unit development, as well as streamlining the building process. Whether you're looking to add doors to your portfolio or develop and sell, this is a rare chance to secure land downtown Prescott, only two blocks from the Courthouse Plaza and Whiskey Row. Opportunities like this are becoming increasingly scarce; bring your vision and maximize the potential.
Additional Information
- Acres
- 0.18
- Construction
- Frame
- Cooling
- None, Other
- Exterior Features
- See Remarks
- Flooring
- See Remarks
- Heating
- Forced - Gas, See Remarks
- Living Area
- 827
- Lot Size
- 7,841
- Other Rooms
- None, Other - See Remarks
- Stories
- 1
- Style
- Other
- Subdivision
- Prescott Original Township
- Taxes
- $535
- Tax Year
- 2025
- Utilities
- Electricity Available, Individual Meter, Natural Gas Available, Other, WWT - City Sewer
- Water
- Public
- Zoning
- MF-H
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Listing courtesy of HomeSmart Fine Homes and Land.