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$1,350,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
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An outstanding opportunity for a vacation rental business or long-term leases is now available for sale in Downtown Prescott, within walking distance of Courthouse Square. This building currently operates with 5 long-term lease units and 3 vacation units (hosted on Airbnb), with no limitations for a new buyer to convert all units to vacation rentals or long-term rentals, dependent on Buyer's management preference. A major renovation in 2020 included: all-new electrical, upgraded HVAC systems, new central hot water, and a full interior upgrade. Vacation units are fully furnished, functional, and turnkey-ready to continue operating. Each unit is individually metered. On-site coin-operated laundry facilities add convenience for guests and tenants.

Full Property Details for 215 E Willis St

General

  • Price: $1,350,000
  • Taxes: $1,596 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: PAAR_Prescott_MLS
  • MLS ID: 1076023
  • Updated: 12/1/2025
  • Added to Site: 143 day(s) ago

Interior

  • Flooring: Vinyl

Exterior

  • Exterior Features: Fence, Laundry Facilities

Location

  • County: Yavapai
  • Subdivision: None
  • Driving Directions: Traveling West on Sheldon Street, turn left (South) on N Alarcon. Take a right (West) onto Willis Street. Property is on E Willis Street, next to the alleyway.

Community

  • Management Type: Mgmt Company

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Heat Pump, Ductless Mini-Split
  • Heating Type: Forced Air, Heat Pump
  • Water Heater: Central Boiler, Natural Gas, Re-Circulating

Utilities

  • Water: Public
  • Onsite: Electricity Available, Individual Meter, Natural Gas Available, WWT - City Sewer

Structural Information

  • # Buildings: 1
  • Construction: Brick, Frame, Stone
  • Roof: Metal
  • Stories/Levels: 2
  • Building Size: 5687
  • Square Feet: 5,687
  • Year Built: 1905

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size Source: County Records
  • Frontage: City Street
  • Street/Road Desc.: Alley Paved, Paved
  • Road Maintenance: City Maintained Road
  • Zoning: MF-M

Financial Considerations

  • Tax Amount: $1,596
  • Tax Year: 2024
  • Terms: 1031 Exchange, Cash, Conventional, FHA
  • Owner Pays: Other

Disclosures and Reports

  • Legal Description: PRESCOTT W 97.2 FT OF LOT 1 BLK 10 AP2
  • APN: 113-16-066
  • Lot Number: 1

Listed by Arizona Commercial

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Listing agent

— 215 E Willis St —

  • Arizona Commercial

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 215 E Willis St

School District:Prescott Unified District
NameGradesDistance
Taylor Hicks School
1845 Campbell Avenue, Prescott, AZ 86301
K-42 mi
Granite Mountain Middle School
1800 North Williamson Valley Road, Prescott, AZ 86305
5-63.5 mi
Prescott Mile High Middle School
300 South Granite Street, Prescott, AZ 86303
7-80.5 mi
Prescott High School
1050 Ruth Street, Prescott, AZ 86301
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 215 E Willis St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/28/2025
Listed
$1,350,000
162.14%
MLS
3/03/2020
Sold
$515,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 215 E Willis St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,596
—
$156,313
10%
2024
$1,596
4%
$141,947
11%
2022
$1,532
—
$127,695
21%
2022
$1,532
-4%
$105,693
21%
2021
$1,597
—
$87,153
2%
2020
$1,600
1%
$85,148
100%
2019
$1,580
28%
-100%
2017
$1,237
—
$48,213
99%
2016
$1,232
3%
$24,208
10%
2015
$1,195
1%
$22,001
3%
2013
$1,183
—
$21,344
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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215 E Willis Street, Prescott, AZ 86301 (MLS# 1076023) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 215 E Willis Street is currently listed for $1,350,000 and was received on August 28, 2025. Want to learn more about 215 E Willis Street? Do you have questions about finding other Multi-Family real estate for sale in Prescott? You can browse all Prescott real estate or contact a Coldwell Banker agent to request more information.

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