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$225,000 Sale Pending
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Property Description
Fix & Flip, scrape, redevelop or build your rental portfolio with this investor special. Zoned MF-M multi-family and already framed as a possible duplex with electrical and plumbing completed. Finish the project to build sweat equity in an ideal rental minutes from downtown or multi-gen/MIL suite. Room to add more units in the back. Take advantage of a great opportunity in a prime location!
Full Property Details
Full Property Details for 224 Madison Ave
General
- Price: $225,000
- Taxes: $658 (2024)
- Status: Pending
- Type: Single Family
- Source: PAAR_Prescott_MLS
- MLS ID: 1075304
- Updated: 11/17/2025
- Added to Site: 173 day(s) ago
Interior
- Rooms/Areas: None
- Interior Features: See Remarks
- Appliances: See Remarks
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: See Remarks
Location
- County: Yavapai
- Subdivision: Bashford Tract
- Driving Directions: From Miller Valley head North on Lincoln Ave, East on Madison Ave, property is on the left/north side
Community
- Community Features: None
- Pet Restrictions: Domestics
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced - Gas
- Water Heater: Natural Gas
Utilities
- Water: Public
- Onsite: Cable Available, Electricity Available, Individual Meter, Natural Gas Available, Phone Available, WWT - City Sewer
Structural Information
- Construction Status: Existing
- Construction: Frame
- Basement Desc.: None
- Roof: Composition
- Windows: Other
- Stories/Levels: 1
- Building Size: 1296
- Square Feet: 1,296
- Year Built: 1956
Lot Features
- Property View: City
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: County Records
- Frontage: City Street
- Street/Road Desc.: Paved
- Road Maintenance: City Maintained Road
- Topography: Other - See Remarks
- Zoning: MF-M (MH)
Financial Considerations
- Tax Amount: $658
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: BASHFORD ADD 1ST SUB LOT 14 BLK 2 591/544
- APN: 113-14-025
- Lot Number: 14
Listed by Real Broker
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Schools
Schools serving 224 Madison Ave
School District:Prescott Unified District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Prescott, AZ 201 Park Avenue, Prescott, AZ 86303 | K-4 | 0.7 mi |
Granite Mountain Middle School 1800 North Williamson Valley Road, Prescott, AZ 86305 | 5-6 | 3.1 mi |
Prescott Mile High Middle School 300 South Granite Street, Prescott, AZ 86303 | 7-8 | 0.8 mi |
Prescott High School 1050 Ruth Street, Prescott, AZ 86301 | 9-12 | 0.9 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 224 Madison Ave
Date
Details
Price
Change
Source
11/05/2025
Price Reduced
$225,000
-10%
MLS
10/27/2025
Price Reduced
$250,000
-9.09%
MLS
10/16/2025
Price Reduced
$275,000
-5.17%
MLS
8/29/2025
Listed
$290,000
34.26%
MLS
11/15/2024
Sold
$216,000
—
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 224 Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$658
—
$35,396
5%
2024
$658
4%
$33,760
2%
2022
$635
—
$33,007
16%
2022
$635
-7%
$28,572
22%
2021
$681
—
$23,468
4%
2020
$684
1%
$22,477
100%
2019
$680
5%
-100%
2018
$649
4%
$14,962
11%
2017
$626
—
$13,441
10%
2016
$623
3%
$12,201
10%
2015
$604
-6%
$11,073
20%
2013
$643
—
$9,192
—
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 224 Madison Ave
224 Madison Avenue, Prescott, AZ 86301 (MLS# 1075304) is a Single Family property with 2 bedrooms and 1 full bathroom. 224 Madison Avenue is currently listed for $225,000 and was received on July 30, 2025. Want to learn more about 224 Madison Avenue? Do you have questions about finding other Single Family real estate for sale in Prescott? You can browse all Prescott real estate or contact a Coldwell Banker agent to request more information.

