208 S SUMMIT Avenue, Prescott, AZ 86303

$650,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $650,000 Last Modified: 6/29/2026

Overview

Description

4-plex and detached cottage in prime location near Prescott Courthouse priced to sell! All 5 units are 1 bedroom, 1 bathroom and have a strong occupancy history. The 4 plex needs to be remodeled to maximize rents and future value. Sizable storage building in backyard. Cottage has been remodeled. View this opportunity soon!! **Please also view the listing next door at 204 Summit online**

Listing Details MLS# 6830838

Location, Tax & Legal

House Number
208
Compass
S
Street Name
SUMMIT
St Suffix
Avenue
City/Town Code
Prescott
State/Province
AZ
Zip Code
86303
Zip4
3735
Country
US
County Code
Yavapai
Subdivision
FLEURYS ADDITION
Assessor Number
109-05-074
Tax Year
2024
Assessor's Map #
5
Legal Description (Abbrev)
FLEURY ADD E 150' OF S 73' LOT 1 BLK 18
Assessor's Parcel #
74
Add'l Parcels
No
Tax Municipality
Prescott
Census Tract
1102
Taxes
1198
Legal
FLEURY ADD E 150' OF S 73' LOT 1 BLK 18
Marketing Name
N/A

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
147x75x143x70
Year Built
1929
Uncvrd Parking Spcs
4
Total # of Units
5
# of Buildings
2
Zoning
MF
Elementary School District
Prescott Unified District
High School District
Prescott Unified District

Remarks Misc

Cross Street
Goodwin & Montezuma
Directions
From Montezuma, W on Goodwin to Summit, Turn R and

Status Change Info

Off Market Date
2025-08-14
Under Contract Date
2025-08-13
Close of Escrow Date
2025-08-29

Legal Info

Township
13
Range
2W
Section
4
Lot Number
Yes

More Information

Income Expenses

Gross Annual Sch Inc
36108
Net Operating Income
30691.8

Showing Notification Methods

Showing Service
Aligned Showings

1 Bedroom Units

# 1 Bedroom Units
5
Avg Rent
1003
Avg SqFt
564
# Baths
Yes

Sold Info

Loan Type
Carryback
Loan Years
6
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Construction

Wood Frame
Yes
Other
Yes

Const - Finish

Painted
Yes
Siding
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Carpet
Yes
Other
Yes

Sale Includes

Other (See Remarks)
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1198
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
34302.6

Pmt & Rate Info

Cap Rate
4.23
Equity
725000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Other
Yes
See Private Remarks
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Window/Wall Unit
Yes
Other
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Refrigerator
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

On Street
Yes

Electric

APS
Yes

Gas

Unisource
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Other
Yes

New Financing

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame; Other Const - Finish: Painted; Siding Roofing: Composition Floors: Vinyl; Carpet; Other Sale Includes: Other (See Remarks) Community Features: No Pool Interior Features: Unfurnished Appliances Included: Refrigerator Heating: Natural Gas Cooling: Window/Wall Unit; Other Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: Unisource Parking Features: On Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Other Tenant Pays: Electricity; Gas Source of Fincl Data: Other (See Remarks) Lockbox Type: Other; See Private Remarks Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Owner May Carry Environmental: None
IDX
Listing Office: CMA Realty
Last Updated: June - 29 - 2026
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