Prime Investment Opportunity in Prescott, AZ - 7-Bedroom Rental Property with Tremendous UpsideLocated in the heart of Prescott, this spacious 7-bedroom property presents a rare and exciting investment opportunity. Whether you're expanding your portfolio or diving into your first income property, this versatile home offers strong rental potential and room for growth.Situated in a highly desirable area known for its charm, community feel, and proximity to downtown, this property is ideal for long-term tenants, vacation rentals, or even a hybrid use. With multiple bedrooms and flexible living spaces, it easily accommodates large groups or multiple tenants, maximizing income potential.
For sale
$825,000
137 S Summit Ave, Prescott, AZ 86303
7beds
5baths
3,378sqft
Est.:
Multi Family
Built in 1942
-- sqft lot
$785,900 Zestimate®
$244/sqft
$-- HOA
What's special
- 23 days
- on Zillow |
- 469 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 11:33am
Listed by:
Teresa Lohmeier PLLC 928-756-3636,
Above The Best Realty LLC
Source: PAAR,MLS#: 1073549

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced - Gas, Wall Furnace
Cooling
- Ceiling Fan(s), Evaporative Cooling
Features
- Flooring: Carpet, Tile, Wood
- Has fireplace: No
Interior area
- Total structure area: 3,378
- Total interior livable area: 3,378 sqft
Property
Features
- Exterior features: Balcony, Storage
- Fencing: Fenced
Lot
- Size: 9,583.2 Square Feet
Details
- Parcel number: 10905090
- Zoning: DTB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stucco
- Roof: Asphalt
Condition
- Year built: 1942
Utilities & green energy
- Sewer: City Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Prescott
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $791,102
- Annual tax amount: $1,702
- Date on market: 5/23/2025
- Exclusions: No
- Electric utility on property: Yes
- Road surface type: Asphalt
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