8515 E Leigh Drive, Prescott Valley, AZ 86314

$599,000
Property Type: Multi-Family Square Footage: 2,960 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $599,000 List Date: 11/01/2025 Last Modified: 3/16/2026

Overview

Description

Investor's dream—fully occupied triplex in a rapidly growing Prescott Valley neighborhood offering strong, stable cash flow and excellent long-term appreciation potential. This property features well-maintained units: a spacious upper-level 3BD/2BA Unit #3 rented for $1,695/month (lease through 4/20/26), a 2BD/1BA unit below leased at $1,200/month Unit #2 (through 11/20/25), and a 1BD/1BA unit at $850/month on a flexible month-to-month basis Unit #1. Unit #1 has had a long time tenant and will need undating. Property has been diligently cared for with a new roof installed approximately six years ago, fresh exterior paint four years ago, and interior upgrades including new laminate flooring throughout, updated bathtubs, and interior paint in Units 2 and 3. Ideal for a hands-off investor or an owner-occupant seeking supplemental income, this turn-key opportunity sits in one of Prescott Valley's most sought-after rental corridors with continued demand and upside growth. Financials and c ...

Listing Details MLS# 1077517

ContractAddressLegal

Original List Price
639000
Listing Price
599000
Street #
8515
Direction
E
Street Name
Leigh
St Suffix
Drive
City/Township
Prescott Valley
State
AZ
Zip Code
86314
Subdivision
Prescott Valley 11
County
Yavapai
Tax Parcel
103-28-044

General Property Description

Lot #
3259
Aprx Acres
0.19
Total Liveable SqFt
2960
Source of Measuremnt
County Assessor
Buildings
Yes
Stories
2
Year Built
1973
Management
Mgmt Company
HOA Y/N
No
Baths - Full
3

Tax Info

Taxes
1757
Tax Year
2025

Unit 1

Unit ID
Yes
# BR
Yes
# BA
Yes
SqFt
650
Tenant Utilities
50
Rent $
850

Unit 2

Unit ID
2
# BR
2
# BA
Yes
SqFt
850
Tenant Utilities
50
Rent $
1200

Unit 3

Unit ID
3
# BR
3
# BA
2
SqFt
1500
Tenant Utilities
50
Rent $
1695

More Information

Contract/Address/Legal

List Price/SqFt
202
Rent/Lease
No
Neighborhood
N/A
REO/Short Sale
Not Applicable
Zoning
R2-4
Assessor's Book #
103
Assessor's Map #
28
Assessor's Parcel #
44
Legal
Prescott Valley Unit 11 Lot 3259

Remarks & Misc

Remarks
Investor's dream—fully occupied triplex in a rapidly growing Prescott Valley neighborhood offering strong, stable cash flow and excellent long-term appreciation potential. This property features well-maintained units: a spacious upper-level 3BD/2BA Unit #3 rented for $1,695/month (lease through 4/20/26), a 2BD/1BA unit below leased at $1,200/month Unit #2 (through 11/20/25), and a 1BD/1BA unit at $850/month on a flexible month-to-month basis Unit #1. Unit #1 has had a long time tenant and will need undating. Property has been diligently cared for with a new roof installed approximately six years ago, fresh exterior paint four years ago, and interior upgrades including new laminate flooring throughout, updated bathtubs, and interior paint in Units 2 and 3. Ideal for a hands-off investor or an owner-occupant seeking supplemental income, this turn-key opportunity sits in one of Prescott Valley's most sought-after rental corridors with continued demand and upside growth. Financials and cap rate available with accepted offer; showings preferred after offer acceptance to respect tenant privacy.

Building Type

Triplex
Yes

Construction

Frame - Wood
Yes

Cooling

Ceiling Fan(s)
Yes
Central Refriger
Yes

External Amenities

Landscaped
Yes
Patio/Deck/Balcony
Yes

Flooring

Carpet
Yes
Laminate
Yes

Heating

Baseboard
Yes
Cove
Yes
Forced - Gas
Yes
Natural Gas
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
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

Utilities Installed

Cable TV
Yes
Electricity
Yes
Natural Gas
Yes
Telephone
Yes
Water - City
Yes
WWT - City Sewer
Yes

Water Heater

Electric
Yes
Natural Gas
Yes

Unit 1 Parking

Off Street
Yes

Unit 1 Info

Ceiling Fan(s)
Yes
Fire/Smoke Detectors
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
Porch/Patio
Yes
Range/Oven
Yes
Refrigerator
Yes
W/D Connection
Yes

Unit 3 Parking

Off Street
Yes

Unit 3 Info

Ceiling Fan(s)
Yes
Dishwasher
Yes
Fire/Smoke Detectors
Yes
Porch/Patio
Yes
Range/Oven
Yes
Refrigerator
Yes
W/D Connection
Yes

Property Features

Building Type: Triplex Construction: Frame - Wood Cooling: Ceiling Fan(s); Central Refriger External Amenities: Landscaped; Patio/Deck/Balcony Flooring: Carpet; Laminate Heating: Baseboard; Cove; Forced - Gas; Natural Gas Owner Pays: Trash; Water Records Available: None Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Electric; Natural Gas Unit 1 Parking: Off Street Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator Unit 2 Parking: Off Street Unit 2 Info: Ceiling Fan(s); Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; W/D Connection Unit 3 Parking: Off Street Unit 3 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: March - 16 - 2026
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