#1071006, Listing office: CMA Realty
Property details
About 290 Madison Ave
This is an opportunity to scoop up an underperforming property at the heart of Prescott, AZ. This asset can deliver a 7.50% CAP rate in the rising Prescott townhome rental market. Call Broker for Lease Performance Analysis. All tenants are now leasing month-to-month, providing an opportunity for a new investor/owner to step in and create market-driven performance. Units A, B, C, and D are all the same floor plan, with two units up and two units down. Each unit has a dedicated and secure storage room at the south end of the building in proximity to the private concrete parking lot. Separate mailboxes, accessible when parking.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.22 Acres
Year built1986
MLS #1074873
Summary
- Appliances: Electric Water Heater
- Flooring Type: Carpet, Tile
- List Price: $685,000
- Annual Tax Amount: $1,451
- Tax Year: 2025
- Lot: Landscaped
- Directions: Sheldon St to Montezuma St. Left onto Navajo Dr. Left onto 1st Street. Left onto Madison Ave to property on left.
- Year Built: 1986
- Stories: 2
- Lot Size: 0.22 Acres
- MLS Number: 1074873
- MLS Name: PrescottAZ
- Office Name: Arizona Commercial LLC, Prescott Commercial Real Estate
- Office Phone: (928) 515-1223
- Office Email: pm@prescottcre.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: 7/16/2025, 5:45:36 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 |
|---|---|---|
| Jul 09, 1993 | Home Sold | $145,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2025 | $69,510 | $1,451 |
| 2024 | $68,170 | $1,451 |
| 2023 | $58,440 | $1,451 |
| 2022 | $47,685 | $1,512 |
| 2021 | $47,995 | $1,496 |
| 2020 | $40,798 | $1,443 |
| 2019 | $29,216 | $1,443 |
| 2018 | $29,839 | $1,376 |
History based on county public records data.
Nearby schools
5
Lincoln Elementary School
Public District KG-4
0.6 mi
•201 Park Ave
5
Taylor Hicks Elementary School
Public District KG-4
1.6 mi
•1845 Campbell Ave
8
Abia Judd Elementary School
Public District KG-4
2.2 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 $32,131. Most Prescott, AZ residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
57%
<35k
42%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
58%
Single, No Kids
18%
Single, with Kids
9%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Popeyes
What do the neighbors drive?
Buick
Pontiac
Dodge
What do the neighbors listen to?
Urban Contemporary
Adult Standards
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 290 Madison Ave
The listing price of 290 Madison Ave property is $685,000.
The property 290 Madison Ave is a multi located in Prescott, Arizona, 86301.
Active Listing: 290 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 290 Madison 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 $1,451 (source: MLS/based on county public records data).
The last sale was on July 9, 1993 for $145,000 (source: MLS/tax record).
The year of construction for 290 Madison Ave is 1986.
This home is located at 290 Madison Ave in Prescott, AZ and zip code 86301. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $685,000.
Prescott, AZ housing market in June 2025 saw over 15 listings sold above listed price, more than 32 sold at listed price and over 74 sold below. Between May and June 2025, Prescott, AZ real estate market has seen increase in the number of listings by 9.8%. In June 2025 median list price was $640,000 and the average listing age was 73 days.
From Rocket Homes Real Estate and based on county public records data.