Backup offers
$10,000 Closing Credit¹
#1071421, Listing Office: FSR Realty
$1,649,000 List price
500 Copper Basin Rd Prescott, AZ 86303
$10,000
Closing credit¹
0.5 acres
Multi-Family
Property details
About 500 Copper Basin Rd
Situated amidst the vibrant shops and dining establishments along Highway 89 and in Downtown Prescott, this delightful rental property is ideally positioned just a few blocks from the Prescott Courthouse. Previously known as the Pine View Motel, the new ownership has undertaken significant renovations, transforming it into a profitable venture. Spanning a total of 4,686 square feet, this accommodation features 15 units, comprising 2 suites and 13 studio rooms. These rooms are available for rental periods of 6 or 12 months and currently have a waiting list, resulting in little to no vacancies at the property. Additional revenue is generated from the laundry facilities and late payment fees. The current NOI for this property stands at $138,889.73 representing a 8.42 CAP Rate.
Highlights
Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s)
Lot size0.45 Acres
Year built1962
MLS #1068257
Summary
- Appliances: Electric Water Heater
- Flooring Type: Laminate, Tile
- Exterior: Balcony, Storage
- Heating: Natural Gas
- Cooling: Ceiling Fan(s)
- List Price: $1,649,000
- Annual Tax Amount: $3,910
- Tax Year: 2025
- Directions: Corner northeast corner of White Spar and Copper Basin, right after Safeway.
- Year Built: 1962
- Stories: 2
- Lot Size: 0.45 Acres
- MLS Number: 1068257
- MLS Name: PrescottAZ
- Office Name: Prescott Commercial Real Estate
- Office Phone: (928) 515-1223
- Office Email: matt@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: 5/7/2025, 4:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,649,000
500 Copper Basin Rd
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 02, 2021 | Home Sold | $980,000 |
| Jan 31, 2018 | Home Sold | $650,000 |
| Nov 28, 2001 | Home Sold | $250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2025 | $103,464 | $3,910 |
| 2024 | $102,692 | $3,910 |
| 2023 | $86,405 | $3,910 |
| 2022 | $69,808 | $4,193 |
| 2021 | $67,341 | $4,147 |
| 2020 | $64,769 | $4,000 |
| 2019 | $69,992 | $4,000 |
| 2018 | $64,772 | $3,816 |
History based on county public records data.
Nearby schools
5
Lincoln Elementary School
Public District KG-4
0.7 mi
•201 Park Ave
5
Taylor Hicks Elementary School
Public District KG-4
2.9 mi
•1845 Campbell Ave
8
Abia Judd Elementary School
Public District KG-4
3.1 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. The majority of Prescott, AZ residents have income less than $<35k annually. The most common type of family is single, no kids. Most 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
Similar homes for sale
This home is located at 500 Copper Basin Rd in Prescott, AZ and zip code 86303. Features: 0 bathroom. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $1,649,000.
Prescott, AZ housing market in April 2025 saw over 19 listings sold above listed price, more than 25 sold at listed price and over 64 sold below. The number of listings in Prescott, AZ increased by 19.5% between March and April 2025. The median list price of listings available in April 2025 was $642,811, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.