539 Lincoln Avenue, Prescott, AZ 86301

$649,000
Property Type: Multi-Family Square Footage: 1,392 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $649,000 List Date: 4/17/2026 Last Modified: 8/28/2026

Overview

Description

DO NOT DISTURB TENANTS Located near downtown Prescott, this highly successful Rental zoned multifamily offers a rare opportunity to own two properties in a prime location. 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 ...

Listing Details MLS# 1080328

ContractAddressLegal

Original List Price
715000
Listing Price
649000
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
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

Unit 2

Unit ID
539 Lincoln Unit C
# BR
Yes
# BA
Yes
SqFt
464

More Information

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: August - 28 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.
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