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$1,250,000
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Property Description
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
Full Property Details for 215 E Willis St
General
- Sold For: $1,250,000
- Taxes: $1,596 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PAAR_Prescott_MLS
- MLS ID: 1076023
- Added to Site: 266 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
Sold by Realty Executives Arizona Territory
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Schools
Schools serving 215 E Willis St
School District:Prescott Unified District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Prescott, AZ 201 Park Avenue, Prescott, AZ 86303 | K-4 | 0.6 mi |
Granite Mountain Middle School 1800 North Williamson Valley Road, Prescott, AZ 86305 | 5-6 | 3.5 mi |
Prescott High School 1050 Ruth Street, Prescott, AZ 86301 | 9-12 | 1.4 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 215 E Willis St
Date
Details
Price
Change
Source
4/08/2026
Sold
$1,250,000
-7.41%
MLS
8/28/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
215 E Willis Street, Prescott, AZ 86301 (MLS# 1076023) is a Multi-Family property that was sold at $1,250,000 on April 08, 2026. 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.

