$2,200,000

523 E Gurley St Prescott, AZ 86301

$10,000
Closing credit¹
0.5 acres
Multi-Family

Property details

About 523 E Gurley St

This is your chance to own a highly desirable multi-use property in the heart of Prescott, Arizona! Skyline is a mixed-use property featuring 14 rental units, a mix of 12 cozy studio and one-bedroom units and 2 commercial office spaces with long term tenants. This well-maintained property is an ideal investment for anyone seeking a stable income stream in a rapidly growing market.With a fully leased property, Skyline offers investors the opportunity for consistent rental income from both residential and commercial tenants. The strong demand for housing and office space in Prescott provides excellent long-term growth potential.

Highlights

Home typeMulti Family
HeatingElectric, Natural Gas, Other
StatusActive
Lot size0.53 Acres
Year built1958
MLS #1067993

Summary

  • Appliances: Electric Water Heater
  • Flooring Type: Carpet, See Remarks, Vinyl
  • Exterior: None
  • Heating: Electric, Natural Gas, Other
  • List Price: $2,200,000
  • Annual Tax Amount: $6,484
  • Tax Year: 2025
  • Directions: from courthouse square go east on Gurley and the property is just past Mount Vernon on the corner of Gurley and Virginia.
  • Year Built: 1958
  • Stories: 2
  • Lot Size: 0.53 Acres
  • MLS Number: 1067993
  • 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: 5/6/2025, 4:15:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view

$2,200,000

523 E Gurley St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 30, 2019
Home Sold
$631,756
Nov 13, 2017
Home Sold
$1,475,000
Feb 28, 2006
Home Sold
$850,000

Tax history

YearAssessmentProperty Tax
2025$235,665$6,484
2024$240,349$6,484
2023$198,908$6,484
2022$143,951$7,002
2021$124,663$7,109
2020$123,173$6,790
2019$110,939$6,790
2018$106,370$6,551

History based on county public records data.

Nearby schools

5

Lincoln Elementary School

Public District KG-4

0.8 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

2.9 mi

1749 N Williamson Valley Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,120. Most Prescott, AZ residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

46%
<35k
40%
35k-100k
9%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
9%
Single, with Kids
14%
Married, No Kids
5%
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
27%
18-34 yrs old
46%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Chico'sChico's
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PopeyesPopeyes
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • OldsmobileOldsmobile
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • NewsNews
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 523 E Gurley St 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 $2,200,000.

While more than 19 listings in Prescott, AZ in April 2025 were sold above asking price, there were more than 25 listings sold at asking price, and more than 64 were sold below. In April 2025 in Prescott, AZ there were 19.5% more homes for sale than in March. In April 2025 median list price was $642,811 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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