#1074135, Listing office: Above The Best Realty LLC
Property details
About 131 S Summit Ave
Prime Investment Opportunity in Prescott, AZ - 7-Bedroom Rental Property with Tremendous UpsideLocated in the heart of Prescott, this spacious 7-bedroom property presents a rare and exciting investment opportunity. Whether you're expanding your portfolio or diving into your first income property, this versatile home offers strong rental potential and room for growth.Situated in a highly desirable area known for its charm, community feel, and proximity to downtown, this property is ideal for long-term tenants, vacation rentals, or even a hybrid use. With multiple bedrooms and flexible living spaces, it easily accommodates large groups or multiple tenants, maximizing income potential.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
CoolingCeiling Fan(s), Evaporative Cooling
Lot size0.22 Acres
Year built1942
MLS #1073549
Summary
- Appliances: Gas Water Heater
- Flooring Type: Carpet, Tile, Wood
- Exterior: Balcony, Storage
- Heating: Wall Furnace
- Cooling: Ceiling Fan(s), Evaporative Cooling
- List Price: $825,000
- Annual Tax Amount: $1,633
- Tax Year: 2025
- Directions: W. Gurley left on S. Summit Ave.
- Year Built: 1942
- Stories: 1
- Lot Size: 0.22 Acres
- MLS Number: 1073549
- MLS Name: PrescottAZ
- Office Name: Above The Best Realty LLC
- Office Phone: (602) 723-0045
- Office Email: billsmootaz@gmail.com
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Prescott Area Association Of Realtors, Inc. Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2025 Prescott Area Association Of Realtors, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 7:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 01, 2016 | Home Sold | $280,000 |
| Feb 06, 2009 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2025 | $79,110 | $1,633 |
| 2024 | $77,181 | $1,633 |
| 2023 | $67,045 | $1,633 |
| 2022 | $55,131 | $1,703 |
| 2021 | $53,942 | $1,684 |
| 2020 | $46,435 | $1,368 |
| 2019 | $36,223 | $1,368 |
| 2018 | $32,122 | $1,319 |
History based on county public records data.
Nearby schools
5
Lincoln Elementary School
Public District KG-4
0.1 mi
•201 Park Ave
5
Taylor Hicks Elementary School
Public District KG-4
2.2 mi
•1845 Campbell Ave
8
Abia Judd Elementary School
Public District KG-4
2.5 mi
•1749 N Williamson Valley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,448. Typical income of Prescott, AZ residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
41%
35k-100k
15%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
7%
Single, with Kids
16%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Boxing
Horse Races
Where do the neighbors shop?
Chico's
Burlington
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Popeyes
Church's Chicken
What do the neighbors drive?
Oldsmobile
Dodge
Cadillac
What do the neighbors listen to?
News
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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#6787323, Cody Anne Yarnes, Listing office: Rent Right Management Solutions
Frequently asked questions
About 131 S Summit Ave
The listing price of 131 S Summit Ave property is $825,000.
The property 131 S Summit Ave is a house located in Prescott, Arizona, 86303.
Active Listing: 131 S Summit Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 131 S Summit Ave are: Lincoln Elementary School (GreatSchools Rating 5/10), Taylor Hicks Elementary School (GreatSchools Rating 5/10), Abia Judd Elementary School (GreatSchools Rating 8/10), Mile High Middle School (GreatSchools Rating 5/10), Franklin Phonetic Primary School (GreatSchools Rating 5/10), Glassford Hill Middle School (GreatSchools Rating 4/10), Northpoint Expeditionary Learning Academy (GreatSchools Rating 4/10), Prescott High School (GreatSchools Rating 6/10), Basis Prescott (GreatSchools Rating 10/10).
According to the records, the last property tax for 2025 is $1,633 (source: MLS/based on county public records data).
The last sale was on December 1, 2016 for $280,000 (source: MLS/tax record).
The property at 131 S Summit Ave has 0 bathroom.
The year of construction for 131 S Summit Ave is 1942.
This home is located at 131 S Summit Ave in Prescott, AZ and zip code 86303. Features: 0 bathroom. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $825,000.
In June 2025, from all listings sold in Prescott, AZ there were more than 15 sold above asking price, over 74 sold below and more than 32 were sold right at the asked price. The number of listings in Prescott, AZ increased by 9.8% between May and June 2025. Listings spent 73 days on the market in June 2025, and had a median list price of $640,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.