654 W Gurley Street, Prescott, AZ 86305 (MLS# 1079630)

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654 W Gurley Street, Prescott, AZ 86305

$655,000

Property Type: Multi-Family Square Footage: 2,114 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $655,000 List Date: 2/17/2026 Last Modified: 4/09/2026

Overview

Description

Endless possibilities in this Immaculate home. Zoned Business General allowing for residential use and/or many commercial uses. Fabulous investment! Excellent Cap rate. Currently set up as 3 separate 1 bedroom units. Front Unit is rented for $1750 till October. Back unit is rented for $1700 till 6/7/26. Owner occupies other unit. 2 units could easily be combined for a large living area and keep one in-law suite/rental. Or have 3 rental units. NEW mini-splits 2021, NEW roof 2022, NEW water heater 2022, fresh exterior and interior paint and many more updates. Large 1 car garage with lots of storage space. Well maintained yard with raised bed growing options. Ideally will be sold furnished. The benefits of commercial and residential all rolled into one beautiful property. Buyer to verify use.*Property originally built in 1933 with 2 subsequent additions in 1983 and in 1990s.*

Listing Details MLS# 1079630

ContractAddressLegal

Original List Price: 675000
Listing Price: 655000
Street #: 654
Direction: W
Street Name: Gurley
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86305
Subdivision: Murphys
County: Yavapai
Tax Parcel: 113-11-085

General Property Description

Lot #: 10
Bedrooms Possible: 3
Aprx Acres: 0.17
Total Liveable SqFt: 2114
Source of Measuremnt: County Assessor
Stories: Yes
Year Built: 1933
Management: Owner
Solar Y/N: No
Baths - Full: 3

Tax Info

Taxes: 1547
Tax Year: 2025

Unit 1

Unit ID: back
# BR: Yes
# BA: Yes
Rent $: 1700
Furniture: Yes

Unit 2

Unit ID: middle
# BR: Yes
# BA: Yes
Furniture: Yes

Unit 3

Unit ID: Front
# BR: Yes
# BA: Yes
Rent $: 1750
Furniture: Yes

More Information

Contract/Address/Legal

List Price/SqFt: 310
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: bg
Assessor's Book #: 113
Assessor's Map #: 11
Assessor's Parcel #: 85
Legal: MURPHYS 1ST SUB LOT 10

Remarks & Misc

Directions: On West Gurley St. Behind Honor Island Park
Remarks: Endless possibilities in this Immaculate home. Zoned Business General allowing for residential use and/or many commercial uses. Fabulous investment! Excellent Cap rate. Currently set up as 3 separate 1 bedroom units. Front Unit is rented for $1750 till October. Back unit is rented for $1700 till 6/7/26. Owner occupies other unit. 2 units could easily be combined for a large living area and keep one in-law suite/rental. Or have 3 rental units. NEW mini-splits 2021, NEW roof 2022, NEW water heater 2022, fresh exterior and interior paint and many more updates. Large 1 car garage with lots of storage space. Well maintained yard with raised bed growing options. Ideally will be sold furnished. The benefits of commercial and residential all rolled into one beautiful property. Buyer to verify use.*Property originally built in 1933 with 2 subsequent additions in 1983 and in 1990s.*

Building Type

Residential+: Yes
Triplex: Yes

Construction

Frame - Wood: Yes

Cooling

Ceiling Fan(s): Yes
Mini-Split: Yes

External Amenities

Landscaped: Yes
Laundry Facilities: Yes
Patio/Deck/Balcony: Yes

Flooring

Laminate: Yes
Tile: Yes

Heating

Electric: Yes
Other: Yes

Owner Pays

All: Yes

Records Available

None: 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
FHA: Yes
Sold Furnished: Yes
VA: Yes

Utilities Installed

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

Water Heater

Natural Gas: Yes

Unit 1 Parking

Attached: Yes
Garage: Yes

Unit 1 Info

Dishwasher: Yes
Fire/Smoke Detectors: Yes
Laundry Room: Yes
Microwave: Yes
Porch/Patio: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 2 Parking

Off Street: Yes

Unit 2 Info

Ceiling Fan(s): Yes
Fire/Smoke Detectors: Yes
Laundry Room: Yes
Microwave: Yes
Refrigerator: Yes

Unit 3 Parking

Off Street: Yes

Unit 3 Info

Ceiling Fan(s): Yes
Dishwasher: Yes
Fire/Smoke Detectors: Yes
Fireplace: Yes
Laundry Room: Yes
Microwave: Yes
Porch/Patio: Yes
Range/Oven: Yes
Refrigerator: Yes

Property Features

Building Type: Residential+; Triplex Construction: Frame - Wood Cooling: Ceiling Fan(s); Mini-Split External Amenities: Landscaped; Laundry Facilities; Patio/Deck/Balcony Flooring: Laminate; Tile Heating: Electric; Other Owner Pays: All Records Available: None 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: Furniture Unit 1 Parking: Attached; Garage Unit 1 Info: Dishwasher; Fire/Smoke Detectors; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator Unit 2: Furniture Unit 2 Parking: Off Street Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Laundry Room; Microwave; Refrigerator Unit 3: Furniture Unit 3 Parking: Off Street Unit 3 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Fireplace; Laundry Room; Microwave; Porch/Patio; Range/Oven; Refrigerator

Listing Office: Realty ONE Group Mountain Desert

Last Updated: April - 09 - 2026

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