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539 Lincoln Avenue, 
Prescott, AZ 86301

$699,000


Bed


Bath


1,392

Sq Ft


Multi-Family

Active

Listed by

Peggy Ahern

Realty One Group Mountain Desert

Last updated:

May 13, 2026, 03:23 PM

MLS#

1080328

Source:

AZ PAAR

About This Home

539 Lincoln Avenue

DO NOT DISTURB TENANTS Located within walking distance to downtown Prescott, this highly successful Superhost Airbnb duplex zoned multi family offers a rare opportunity to own both a prime location plus an established income-producing property.Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems,artificial turf, and fencing and so much more. See 'Feature Sheet' in documents tab.Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fencedyard. The oversized lot also offers room for a future garage or additional improvements,adding even more long-term value. There is even a tuff shed for storage in the back.The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental.An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. The listing agent must confirm all showings, as this is an active Short-Term Rental.

Home Facts

Multi-Family

Built in 1928

Price Summary

699,000

$502 per Sq. Ft.

MLS #:

1080328

Last Updated:

May 13, 2026, 03:23 PM

Added:

2 month(s) ago


Structure

Structure

Building Area:

1,392 Sq. Ft.

Year Built:

1928


Lot

Lot Size (Sq. Ft):


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$502 per Sq. Ft.

Source:AZ PAAR
Copyright 2026 PRESCOTT AREA ASSOCATION OF REALTORS, INC. Mulitple Listing Service. All rights reserved. Listings courtesy of Prescott Area AOR Inc MLS as distributed by MLS GRID

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.