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$975,000
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Property Description
Located in the heart of Cottonwood, this quiet and well-kept RV park offers a unique investment opportunity with 10 RV spaces currently occupied by long-term residents, providing immediate in-place income and future upside. All RV space leases are month-to-month, creating an excellent opportunity for a new owner to increase rents over time. The property also includes a one-bedroom single-family home, currently leased to a sober living organization for $1,200 per month, but it would also make an ideal owner's residence or manager's home.IMPORTANT TO READ THE SUPPLIMENTAL SECTION! The property shows pride of ownership and features attractive touches throughout, including mature landscaping, shade trees, white picket fencing, and a neat, welcoming atmosphere. The single-family home appears nicely maintained with a bright interior, updated finishes, a charming dining nook, and an attractive bathroom. Residents also enjoy a common laundry room with coin-operated machines as well as a community BBQ area, adding convenience and appeal for tenants. The park is very quiet and offers a comfortable setting for long-term occupancy. Cottonwood is one of the Verde Valley's most desirable communities, known for its small-town charm, beautiful scenery, and strong tourism draw. The property is ideally situated between Jerome, Sedona, and Camp Verde, placing it near some of Northern Arizona's most popular attractions. Nearby highlights include Old Town Cottonwood, with its shops, restaurants, tasting rooms, and local events, as well as Tuzigoot National Monument, Dead Horse Ranch State Park, the Verde River, hiking and biking trails, wine country destinations, and countless outdoor recreation opportunities. This central location makes the property appealing for both residents and investors looking to benefit from the continued popularity of the Verde Valley. Buyer to verify all facts, figures, measurements, rents, lease terms, zoning, and any other material information. Cottonwood is located in the heart of Arizona's scenic Verde Valley, along the Verde River and between the communities of Sedona, Jerome, Clarkdale and Camp Verde. With an estimated 2025 population of approximately **12,700 residents**, Cottonwood combines the convenience of a regional commercial center with the relaxed character of a smaller Arizona community. Its elevation of roughly 3,300 to 3,900 feet provides a generally milder climate than the Phoenix metropolitan area. ### Major Employers and Economic Base Cottonwood serves as an employment, healthcare, retail and service hub for much of the Verde Valley. Major employment sectors include: * Healthcare and medical services, led by **Verde Valley Medical Center and Northern Arizona Healthcare** * Public education, including the **Cottonwood-Oak Creek School District** and **Mingus Union High School District** * Municipal and government services through the **City of Cottonwood** * Retail and consumer services, including major employers such as **Walmart, Home Depot, Fry's Food Stores, Safeway and Food City** * Hospitality, restaurants, wineries, tourism and recreation-related businesses The city actively supports business attraction, expansion, redevelopment and tourism-related economic development. ([Cottonwood AZ][2]) ### Tourism and Area Attractions Cottonwood is widely recognized as the **heart of the Verde Valley wine region**. Historic Old Town Cottonwood features a walkable Main Street lined with tasting rooms, restaurants, cafés, boutiques, antique stores, galleries and locally owned businesses. The Verde Valley Wine Trail connects Cottonwood with numerous nearby wineries, vineyards and tasting destinations. ([Old Town Cottonwood][3]) Nearby attractions include: **Sedona:** A convenient drive from Cottonwood, Sedona is internationally known for its red-rock scenery, art galleries, Jeep tours and more than 300 miles of hiking and biking trails. ([Visit Sedona][4]) **Jerome:** The historic hillside mining
Full Property Details
Full Property Details for 427 N 15th St
General
- Sold For: $975,000
- HOA FEE: $4,320
- Taxes: $1,007 (2025)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7060711
- Added to Site: 52 day(s) ago
Interior
- Appliances: Dishwasher, Refrigerator, Free-Standing Gas Oven, Microwave, Washer/Dryer
- Flooring: Ceramic Tile, Wood, Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Security/Safety: Security Light(s)
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: RV Access/Parking, Free
Location
- County: Yavapai
- Township: 14
- Subdivision: SCOTTS ADD
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Heat Pump
- Heating Type: Varies by Unit, Heat Pump
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame, Painted
- Roof: Composition
- Year Built: 1975
Lot Features
- Lot Dimensions: rectangular
- Frontage: Asphalt
- Zoning: R-4
Financial Considerations
- Maint. Fee/Month: $4,320
- Tax Amount: $1,007
- Tax Year: 2025
- Terms: No Carry, Conventional
- Owner Pays: Other, Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: LOTS 4 5 6 BLOCK 14 SCOTTS ADD BOOK 2 PAGE 38
- Property ID: 406-37-222
- Range: 4
- Block: 14
- Lot Number: 4
Listed by Gerchick Real Estate
Sold by Berkshire Hathaway HomeServices Arizona Properties
Get Pre-Approved Today
Schools
Schools serving 427 N 15th St
School Districts:Mingus Union High School District, Cottonwood-Oak Creek Elementary District
| Name | Grades | Distance |
|---|---|---|
Cottonwood Elementary School, Cottonwood, AZ 301 North Willard Street, Cottonwood, AZ 86326 | 3-5 | 1 mi |
Arizona Izone Institute 1 N Willard St, Cottonwood, AZ 86326 | K-12 | 1 mi |
Mingus Online Academy 1801 East Fir Street, Cottonwood, AZ 86326 | 8-12 | 1.9 mi |
Mingus Union High School 1801 East Fir Street, Cottonwood, AZ 86326 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 427 N 15th St
Date
Details
Price
Change
Source
8/31/2026
Sold
$975,000
-18.41%
MLS
7/31/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
427 N 15th Street, Cottonwood, AZ 86326 (MLS# 7060711) is a Multi-Family property that was sold at $975,000 on August 31, 2026. Want to learn more about 427 N 15th Street? Do you have questions about finding other Multi-Family real estate for sale in Cottonwood? You can browse all Cottonwood real estate or contact a Coldwell Banker agent to request more information.

