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$3,400,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 21 Total Beds
  • Updated 5 days ago
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Built in 1905, The Aspens on Montezuma presents a unique opportunity to acquire a charming, 20-unit multifamily community in the heart of historic Prescott, Arizona. Situated just blocks from the iconic Courthouse Plaza and Whiskey Row, the property offers residents exceptional walkability to downtown's restaurants, boutique retailers, entertainment venues, and year-round community events. Its distinctive architectural character and potential for targeted interior and exterior improvements provide investors with an opportunity to enhance the property's competitive positioning while preserving its historic appeal.

Full Property Details for 309 S Montezuma St

General

  • Price: $3,400,000
  • HOA FEE: $22,224
  • Taxes: $3,982 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7090790
  • Updated: 10/7/2026
  • Added to Site: 5 day(s) ago

Interior

  • Appliances: Refrigerator, Built-In Gas Oven
  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 20

Bedrooms

  • Total Bedrooms: 21

Parking

  • Parking Features: 1 Space/Unit

Location

  • County: Yavapai

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Water: Master Meter

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Composition
  • Year Built: 1905

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 15565
  • Frontage: Asphalt
  • Zoning: NA

Financial Considerations

  • Maint. Fee/Month: $22,224
  • Tax Amount: $3,982
  • Tax Year: 2026
  • Terms: Cash, Conventional, 1031 Exchange
  • Owner Pays: Gas, Water, Sewer

Disclosures and Reports

  • Property ID: 109-03-015
  • Lot Number: 6

Listed by Marcus & Millichap

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Listing agent

— 309 S Montezuma St —

  • Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 309 S Montezuma St

School District:Prescott Unified District
NameGradesDistance
Lincoln Elementary School, Prescott, AZ
201 Park Avenue, Prescott, AZ 86303
K-40.5 mi
Granite Mountain Middle School
1800 North Williamson Valley Road, Prescott, AZ 86305
5-63.8 mi
Prescott High School
1050 Ruth Street, Prescott, AZ 86301
9-121.7 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 309 S Montezuma St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2026
Listed
$3,400,000
21.43%
MLS
7/07/2021
Sold
$2,800,000
—
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 309 S Montezuma St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,899
3%
$215,687
—
2024
$3,780
—
$215,064
13%
2024
$3,780
4%
$190,921
11%
2022
$3,629
—
$171,393
16%
2022
$3,629
-4%
$147,122
21%
2021
$3,783
—
$121,724
-1%
2020
$3,790
1%
$123,354
100%
2019
$3,742
4%
-100%
2018
$3,609
5%
$71,906
-6%
2017
$3,443
-1%
$76,384
40%
2016
$3,465
4%
$54,413
9%
2015
$3,326
-9%
$49,981
2%
2013
$3,658
—
$49,162
—
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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NMLS#: 1598647

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Listed by Marcus & Millichap

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309 S Montezuma Street, Prescott, AZ 86303 (MLS# 7090790) is a Multi-Family property with 20 units containing 21 bedrooms and 0 full bathrooms. 309 S Montezuma Street is currently listed for $3,400,000 and was received on October 07, 2026. Want to learn more about 309 S Montezuma 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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