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320 S Cortez Street, Prescott, AZ 86303

Prescott
Local realty services provided by:CENTURY 21 Arizona West
320 S Cortez Street,Prescott, AZ 86303
$3,286,000
  • - Beds
  • - Baths
  • 8,143 sq. ft.
  • Multi-family
  • Active
Listed by: michael a aldridge
Office: delex realty
MLS#:1082558
Source:AZ_PAAR

Price summary

  • Price:$3,286,000
  • Price per sq. ft.:$403.54

About this home

Prime investment opportunity in the heart of Downtown Prescott. The Pillars, located at 320 S. Cortez Street, is a historic 17-unit multifamily property featuring 7 studio and 10 one-bedroom apartments in a highly desirable, walkable location near Courthouse Square, shopping, dining, entertainment and local events.The approximately 10,000 SF brick-and-concrete building sits on 0.34 acres and offers historic architectural character, with select units featuring original hardwood flooring. Several units have been updated, providing additional opportunity to renovate remaining units and enhance rental income.Property amenities include on-site coin-operated laundry, gated lower-level access, and private parking. Some units offer city and mountain views. The desirable unit mix established rental history and prime downtown location make this a compelling opportunity for investors seeking a well-positioned multifamily asset with value-add potential.17 Units | 7 Studios | 10 One-Bedrooms |...

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Home facts

  • Year built:1942
  • Subdivision & Development:Prescott Original Township
  • Listing ID #:1082558
  • Added:80 day(s) ago
  • Updated:August 23, 2026 at 11:31 AM

Rooms and interior

  • Flooring:Laminate, Tile, Vinyl, Wood
  • Living area:8,143 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1942
  • Building area:8,143 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Brick

Finances and disclosures

  • Price:$3,286,000
  • Price per sq. ft.:$403.54
  • Tax amount:$2,950 (2025)
Copyright 2026 PRESCOTT AREA ASSOCATION OF REALTORS<REGISTERED_LOGO>, INC. Mulitple Listing Service. All rights reserved. Listings courtesy of Prescott Area AOR Inc MLS as distributed by MLS GRID <Last Updated August 23, 2026. Prescott Area AOR Inc MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Prescott Area AOR Inc MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Prescott Area AOR Inc MLS

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