431 S Cortez Street, Prescott, AZ 86303
Local realty services provided by:CENTURY 21 Toma Partners
431 S Cortez Street,Prescott, AZ 86303
$296,999
- 2 Beds
- 1 Baths
- 827 sq. ft.
- Single family
- Active
Listed by: shane parker
Office: homesmart fine homes and land
MLS#:1081638
Source:AZ_PAAR
Price summary
- Price:$296,999
- Price per sq. ft.:$359.13
About this home
Prime redevelopment opportunity for investors and builders. This single-family property sits on a generously sized lot already zoned for high-density multi-family use, offering significant upside potential. The existing structure is a teardown, making way for a new construction project that can fully capitalize on the favorable zoning and downtown Prescott location. Located in a growing area with strong short and long-term rental demand, this site is ideal for redevelopment. Utilities are in place, and the lot offers convenient front and rear access, providing easy entry in case of multiple unit development, as well as streamlining the building process. Whether you're looking to add doors to your portfolio or develop and sell, this is a rare chance to secure land downtown Prescott, only two blocks from the Courthouse Plaza and Whiskey Row. Opportunities like this are becoming increasingly scarce; bring your vision and maximize the potential.
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Home facts
- Year built:1932
- Listing ID #:1081638
- Added:47 day(s) ago
- Updated:June 19, 2026 at 06:47 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Basement:Yes
- Basement Description:Piers
- Living area:827 sq. ft.
Heating and cooling
- Heating:Forced - Gas
Structure and exterior
- Roof:Composition
- Year built:1932
- Building area:827 sq. ft.
- Lot area:0.18 Acres
- Levels:1 Story
Utilities
- Sewer:City Sewer
Finances and disclosures
- Price:$296,999
- Price per sq. ft.:$359.13
- Tax amount:$535 (2025)
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