116 E Leroux Street, Prescott, AZ 86303

$387,500
Property Type: Multi-Family Square Footage: 1,158 Lot Size (sq. ft.): 3,049 Status: Active w/Contingency
Current Price: $387,500 List Date: 5/08/2026 Last Modified: 5/15/2026

Overview

Description

Great multi-family or investment property, just a few blocks away from historic downtown Prescott AZ. These two units on one lot have been well maintained and have had many features upgraded. The back yards are separately fully fenced, and included with the sale of the duplex. Each unit is 574 square feet containing one bedroom and one full bath. Unit #116 has new flooring and new kitchen range. New roof installed 3 years ago. New interior paint in both units less than a year ago. Wall heaters in both units were replaced between 2-3 years old. A partial box of wood flooring to 116 will go with sale. Rent Right is the property manager who retains Maintenance Logs and tenant leases. The tenant in unit 116 has a lease until 10/3/2026. The tenant in unit 118 has a lease until 8/27/2026. Two parcels are included in the sale: the duplex is on one, and the backyard is on another. Both Parcel #109-04-074A and 109-04-077 to convey. Total size of the two parcels together is 0.1 acre, approx ...

Listing Details MLS# 1081809

ContractAddressLegal

Original List Price
387500
Listing Price
387500
Street #
116
Direction
E
Street Name
Leroux
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
Prescott Original Township
County
Yavapai
Tax Parcel
109-04-077

General Property Description

Lot #
23
Bedrooms Possible
Yes
Aprx Acres
0.07
Total Liveable SqFt
1158
Source of Measuremnt
County Assessor
Buildings
Yes
Stories
Yes
Year Built
1951
Management
Mgmt Company
HOA Y/N
No
Solar Y/N
No
Baths - Full
2
More than 5 Units
No

Tax Info

Taxes
981
Tax Year
2025

Status Change Info

Contingent Remarks
Accepted Offer - Take Backups

Unit 1

Unit ID
116
# BR
Yes
# BA
Yes
SqFt
574
Rent $
1100

Unit 2

Unit ID
118
# BR
Yes
# BA
Yes
SqFt
574
Rent $
1225

More Information

Contract/Address/Legal

List Price/SqFt
335
Rent/Lease
No
REO/Short Sale
Not Applicable
Zoning
MF-H
Assessor's Book #
109
Assessor's Map #
4
Assessor's Parcel #
77
Legal
Parcel #109-04-077: PRESCOTT W 50' OF LOT 23 AP4; THE NLY 10' OF LEROUX ST ADJ WLY 50' OF LOT 23 AP5; BLK 33. Parcel #109-04-074A: PRESCOTT S 30' OF W 50' LOT 21 BLK 33.

Remarks & Misc

Directions
Property is two blocks east of Montezuma St on Leroux. 3 blocks south of the Courthouse Square in downtown Prescott.
Remarks
Great multi-family or investment property, just a few blocks away from historic downtown Prescott AZ. These two units on one lot have been well maintained and have had many features upgraded. The back yards are separately fully fenced, and included with the sale of the duplex. Each unit is 574 square feet containing one bedroom and one full bath. Unit #116 has new flooring and new kitchen range. New roof installed 3 years ago. New interior paint in both units less than a year ago. Wall heaters in both units were replaced between 2-3 years old. A partial box of wood flooring to 116 will go with sale. Rent Right is the property manager who retains Maintenance Logs and tenant leases. The tenant in unit 116 has a lease until 10/3/2026. The tenant in unit 118 has a lease until 8/27/2026. Two parcels are included in the sale: the duplex is on one, and the backyard is on another. Both Parcel #109-04-074A and 109-04-077 to convey. Total size of the two parcels together is 0.1 acre, approx 4500'.

Office/Member Info

Listing Exclusions
No

Building Type

Duplex
Yes

Construction

Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes

External Amenities

Fence
Yes
Landscaped
Yes

Flooring

Carpet
Yes
Laminate
Yes
Vinyl
Yes

Heating

Wall Unit
Yes

Owner Pays

None
Yes

Records Available

Other - See Remarks
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Road Responsibility

City Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Utilities Installed

Electricity
Yes
Natural Gas
Yes
Water - City
Yes
WWT - City Sewer
Yes

Water Heater

Natural Gas
Yes

Unit 1 Parking

2 Car
Yes
Off Street
Yes

Unit 1 Info

Ceiling Fan(s)
Yes
Disposal
Yes
Fire/Smoke Detectors
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 2 Parking

2 Car
Yes
Off Street
Yes

Unit 2 Info

Ceiling Fan(s)
Yes
Fire/Smoke Detectors
Yes
Range/Oven
Yes
Refrigerator
Yes

Property Features

Building Type: Duplex Construction: Frame - Wood Cooling: Ceiling Fan(s) External Amenities: Fence; Landscaped Flooring: Carpet; Laminate; Vinyl Heating: Wall Unit Owner Pays: None Records Available: Other - See Remarks Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 2 Car; Off Street Unit 1 Info: Ceiling Fan(s); Disposal; Fire/Smoke Detectors; Range/Oven; Refrigerator Unit 2 Parking: 2 Car; Off Street Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Range/Oven; Refrigerator
Listing Office: West USA Realty of Prescott
Last Updated: May - 15 - 2026
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