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$350,000
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Property Description
Fix & Flip or redevelopment play. Unlock a rare opportunity to redevelop in the heart of Prescott! This .38-acre multifamily infill parcel, zoned MF-M, boasts a prime downtown location and the potential for 6 units (buyer to verify). With flat topography, easy street access, and utilities nearby, this is the perfect canvas for investors and developers eager to capitalize on Prescott's booming rental market. Don't miss out on this supply-constrained gem!
Full Property Details
Full Property Details for 259 & 261 Vallejo St
General
- Price: $350,000
- Taxes: $1,015 (2025)
- Status: Active
- Type: Single Family
- Source: PAAR_Prescott_MLS
- MLS ID: 1073085
- Updated: 1/7/2026
- Added to Site: 255 day(s) ago
Interior
- Rooms/Areas: None
- Interior Features: See Remarks
- Appliances: Other
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: See Remarks
Location
- County: Yavapai
- Subdivision: Dameron Park Add
- Driving Directions: Montezuma to Navajo south to 1st street, east on vallejo street to the property.
Community
- Community Features: None
- Pet Restrictions: Domestics
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
- Water Heater: Other - See Remarks
Utilities
- Water: Public
- Onsite: Electricity Available, Master Meters, Natural Gas Available, WWT - City Sewer
Structural Information
- # Buildings: 1
- Architectural Style: Pueblo
- Construction Status: Existing
- Construction: Frame, Stucco
- Basement: Yes
- Basement Desc.: Slab
- Roof: Other
- Windows: Other
- Stories/Levels: 1
- Building Size: 1673
- Square Feet: 1,673
- Year Built: 1929
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,553
- Lot Size Source: County Records
- Frontage: None
- Street/Road Desc.: Asphalt, Paved
- Road Maintenance: City Maintained Road
- Topography: Level
- Zoning: MF-M (MH)
Financial Considerations
- Tax Amount: $1,015
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Free & Clear
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: DAMERON PARK ADD LOT 4 & 5 BLK 25
- APN: 113-03-061
- Lot Number: 4
Listed by Arizona Commercial
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Schools
Schools serving 259 & 261 Vallejo St
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 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 259 & 261 Vallejo St
Date
Details
Price
Change
Source
5/08/2025
Listed
$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.
Estimate the Cost
Estimate the Cost for 259 & 261 Vallejo St
259 & 261 Vallejo Street, Prescott, AZ 86301 (MLS# 1073085) is a Single Family property with 3 bedrooms and 1 full bathroom. 259 & 261 Vallejo Street is currently listed for $350,000 and was received on May 08, 2025. Want to learn more about 259 & 261 Vallejo Street? 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.

