539 Lincoln Avenue, Prescott, AZ 86301
$699,000
Property Type:
Multi-Family
Square Footage:
1,392
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$699,000
List Date:
4/17/2026
Last Modified:
4/25/2026
Overview
Description
...
(Read more)
DO NOT DISTURB TENANTS Located within walking distance to downtown Prescott, this highly successful Superhost Airbnb duplex zoned multi family offers a rare opportunity to own both a prime location plus an established income-producing property.
Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems,
artificial turf, and fencing and so much more. See 'Feature Sheet' in documents tab.
Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fenced
yard. The oversized lot also offers room for a future garage or additional improvements,
adding even more long-term value. There is even a tuff shed for storage in the back.
The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental.
An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. The listing agent must confirm all showings, as this is an active Short-Term Rental.
Listing Details MLS# 1080328
ContractAddressLegal
- Original List Price
- 715000
- Listing Price
- 699000
- Street #
- 539
- Street Name
- Lincoln
- St Suffix
- Avenue
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86301
- Subdivision
- Home Acre Tract
- County
- Yavapai
- Tax Parcel
- 113-08-112
General Property Description
- Lot #
- 20
- Bedrooms Possible
- 2
- Aprx Acres
- 0.29
- Total Liveable SqFt
- 1392
- Source of Measuremnt
- County Assessor
- Buildings
- 2
- Stories
- Yes
- Year Built
- 1928
- Management
- Owner
- NOI $
- 68375
- Cap %
- 9.5
- HOA Y/N
- No
- Solar Y/N
- No
- Baths - Full
- 2
- More than 5 Units
- No
Tax Info
- Taxes
- 1057
- Tax Year
- 2025
- Asmts Freq
- Annual
Unit 1
- Unit ID
- 539 Lincoln Unit B
- # BR
- 2
- # BA
- Yes
- SqFt
- 928
- Furniture
- Yes
Unit 2
- Unit ID
- 539 Lincoln Unit C
- # BR
- Yes
- # BA
- Yes
- SqFt
- 464
- Furniture
- Yes
Contract/Address/Legal
- On-Market Date
- 2026-03-16
- List Price/SqFt
- 502
- Rent/Lease
- No
- Neighborhood
- N/A
- REO/Short Sale
- Not Applicable
- Zoning
- MF
- Assessor's Book #
- 113
- Assessor's Map #
- 8
- Assessor's Parcel #
- 112
- Legal
- HOME ACRE TR LESS N 50' OF LOT 20 AP48
More Information
Remarks & Misc
- Directions
- From Downtown Prescott, Grove Avenue South. Right on Lincoln. There is no sign.
- Remarks
- DO NOT DISTURB TENANTS Located within walking distance to downtown Prescott, this highly successful Superhost Airbnb duplex zoned multi family offers a rare opportunity to own both a prime location plus an established income-producing property. Situated on a generous 0.29-acre lot, the property features two remodeled residences: Unit B: A charming 1928 cottage bungalow with 2 bedrooms and 1 bath, beautifully updated while preserving its historic character. A Stone Casita Unit C: 1 bedroom, 1 bath. Both units are move-in ready and have been extensively upgraded, including new roof on Unit B, updated electrical and gas lines brought to code, new water heaters, mini-split systems, artificial turf, and fencing and so much more. See 'Feature Sheet' in documents tab. Each residence enjoys a private, pet-friendly courtyard with patio and artificial turf fenced yard. The oversized lot also offers room for a future garage or additional improvements, adding even more long-term value. There is even a tuff shed for storage in the back. The property has earned exceptional Superhost ratings of 4.9 and 5.0, reflecting its strong guest appeal and consistent performance as a short-term rental. An outstanding investment opportunity --continue operating as a successful short-term rental, or live in one residence while generating income from the other. Don't miss this rare opportunity to own a successful hospitality property in one of Prescott's most desirable downtown locations. The listing agent must confirm all showings, as this is an active Short-Term Rental.
Office/Member Info
- Listing Exclusions
- No
Building Type
- Other - See Remarks
- Yes
- Residential+
- Yes
Construction
- Frame - Wood
- Yes
- Stone
- Yes
Cooling
- Mini-Split
- Yes
- Zoned
- Yes
External Amenities
- Fence
- Yes
- Landscaped
- Yes
Flooring
- Vinyl
- Yes
- See Remarks
- Yes
Heating
- Electric
- Yes
- Wall Unit
- Yes
- Other
- Yes
- See Remarks
- Yes
Owner Pays
- Electric
- Yes
- Gas/Propane
- Yes
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
- Other - See Remarks
- Yes
Records Available
- None
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
- Paved
- Yes
Road Responsibility
- City Maintained Road
- Yes
Roof
- Asphalt Shingle
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Conventional
- Yes
- Sold Furnished
- Yes
- Other - See Remarks
- Yes
Utilities Installed
- 220
- Yes
- Electricity
- Yes
- Natural Gas
- Yes
- Underground
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
Water Heater
- Electric
- Yes
- Natural Gas
- Yes
Unit 1 Parking
- 3+ Car
- Yes
- Off Street
- Yes
- RV Pad
- Yes
- Other - See Remarks
- Yes
Unit 1 Info
- Den/Family Room
- Yes
- Dishwasher
- Yes
- Disposal
- Yes
- Fire/Smoke Detectors
- Yes
- Fireplace
- Yes
- Laundry Room
- Yes
- Microwave
- Yes
- Porch/Patio
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
- Storage Room
- Yes
- W/D Connection
- Yes
- Other - See Remarks
- Yes
Unit 2 Parking
- 3+ Car
- Yes
- Other - See Remarks
- Yes
Unit 2 Info
- Den/Family Room
- Yes
- Fire/Smoke Detectors
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Other - See Remarks
- Yes
Property Features
Building Type:
Other - See Remarks; Residential+
Construction:
Frame - Wood; Stone
Cooling:
Mini-Split; Zoned
External Amenities:
Fence; Landscaped
Flooring:
Vinyl; See Remarks
Heating:
Electric; Wall Unit; Other; See Remarks
Owner Pays:
Electric; Gas/Propane; Trash; Water; Other - See Remarks
Records Available:
None
Road Frontage Type:
City Street
Road Surface Type:
Asphalt; Paved
Road Responsibility:
City Maintained Road
Roof:
Asphalt Shingle
Utilities Installed:
220; Electricity; Natural Gas; Underground; Water - City; WWT - City Sewer
Water Heater:
Electric; Natural Gas
Unit 1:
Furniture
Unit 1 Parking:
3+ Car; Off Street; RV Pad; Other - See Remarks
Unit 1 Info:
Den/Family Room; Dishwasher; Disposal; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator; Storage Room; W/D Connection; Other - See Remarks
Unit 2:
Furniture
Unit 2 Parking:
3+ Car; Other - See Remarks
Unit 2 Info:
Den/Family Room; Fire/Smoke Detectors; Microwave; Refrigerator; Other - See Remarks
Listing Office:
Realty ONE Group Mountain Desert
Last Updated: April - 25 - 2026
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