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
...
(Read more)
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.
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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