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215 E Willis Street, 
Prescott, AZ 86301

$1,600,000


Bed


Bath


5,687

Sq Ft


Multi-Family

Active

Listed by

Jon Rocha

Southwest Homes Realty

Last updated:

July 17, 2025, 03:23 PM

MLS#

1074559

Source:

AZ PAAR

About This Home

215 E Willis Street

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!

Home Facts

Multi-Family

Built in 1905

Price Summary

1,600,000

$281 per Sq. Ft.

MLS #:

1074559

Last Updated:

July 17, 2025, 03:23 PM

Added:

17 day(s) ago


Structure

Structure

Building Area:

5,687 Sq. Ft.

Year Built:

1905


Lot

Lot Size (Sq. Ft):

4,792


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$281 per Sq. Ft.

Source:AZ PAAR
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