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$1,350,000
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Property Description
Rare Downtown Prescott Apartment Opportunity - Fully Remodeled 8-Unit BuildingNow available--an exceptionally rare find in the heart of downtown Prescott! This eight-unit residential apartment building offers a prime location just three blocks from the historic Courthouse Square, restaurants, shops, and all the charm of downtown living.Every apartment has been thoughtfully remodeled with updated flooring, modern kitchenette spaces, and upgraded windows to bring in abundant natural light. The property also includes a fully remodeled basement apartment for added versatility. Residents enjoy the convenience of an on-site coin-operated laundry facility with brand-new machines (two washers and two dryers).With its combination of modern updates and unbeatable location, this property is ideal for investors or those looking to own a piece of Prescott's limited downtown residential market. Title is being held open see private remarks.
Full Property Details
Full Property Details for 223 E Willis St
General
- Price: $1,350,000
- Taxes: $2,297 (2024)
- Status: Active
- Type: Multi-Family
- Source: PAAR_Prescott_MLS
- MLS ID: 1075746
- Updated: 10/1/2025
- Added to Site: 156 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Exterior
- Exterior Features: Laundry Facilities
Location
- County: Yavapai
- Subdivision: Prescott Original Township
- Driving Directions: From downtown Prescott head east on gurley st. Turn Left on Alacron and go 1 block to Willis St. This two story apartment complex is located on the South West Corner of E. Willis St and Alarcon.
Community
- Management Type: Mgmt Company
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Room Refrigeration
- Heating Type: Natural Gas, Other, See Remarks
- Water Heater: Central Boiler, Natural Gas
Utilities
- Onsite: Cable Available, Natural Gas Available
Structural Information
- # Buildings: 1
- Construction: Brick
- Roof: Asphalt
- Stories/Levels: 3
- Building Size: 4563
- Square Feet: 4,563
- Year Built: 1967
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size Source: County Records
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Road Maintenance: City Maintained Road
- Zoning: DBT
Financial Considerations
- Tax Amount: $2,297
- Tax Year: 2024
- Terms: 1031 Exchange, Cash, Conventional
- Owner Pays: Other
Disclosures and Reports
- Legal Description: PRESCOTT E 52.8' LOT 1 BLK 10 AP1
- APN: 113-16-067
- Lot Number: 1
Listed by Delex Realty, LLC
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Schools
Schools serving 223 E Willis St
School District:Prescott Unified District
| Name | Grades | Distance |
|---|---|---|
Taylor Hicks School 1845 Campbell Avenue, Prescott, AZ 86301 | K-4 | 2 mi |
Granite Mountain Middle School 1800 North Williamson Valley Road, Prescott, AZ 86305 | 5-6 | 3.5 mi |
Prescott Mile High Middle School 300 South Granite Street, Prescott, AZ 86303 | 7-8 | 0.5 mi |
Prescott High School 1050 Ruth Street, Prescott, AZ 86301 | 9-12 | 1.4 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 223 E Willis St
Date
Details
Price
Change
Source
9/17/2025
Price Reduced
$1,350,000
-18.18%
MLS
8/15/2025
Listed
$1,650,000
58.65%
MLS
2/12/2021
Sold
$1,040,000
—
Public Record
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
Tax History for 223 E Willis St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,297
—
$109,539
13%
2024
$2,297
4%
$96,511
9%
2022
$2,205
—
$88,925
18%
2022
$2,205
-4%
$75,111
20%
2021
$2,299
—
$62,761
3%
2020
$2,303
1%
$60,845
100%
2019
$2,274
4%
-100%
2018
$2,193
93%
$37,353
12%
2017
$1,134
-1%
$33,297
98%
2016
$1,141
-35%
$16,779
-27%
2015
$1,753
—
$22,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 223 E Willis St
223 E Willis Street, Prescott, AZ 86301 (MLS# 1075746) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 223 E Willis Street is currently listed for $1,350,000 and was received on August 15, 2025. Want to learn more about 223 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.

