Date
Details
Price
Change
Source
8/01/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$1,100,000 Sale Pending
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1/16
Property Description
Positioned minutes from Prescott's vibrant Courthouse Plaza, this well-located 8-unit apartment complex presents an outstanding opportunity to acquire a multifamily asset in one of Northern Arizona's highly sought-after rental markets. Residents enjoy convenient access to downtown's restaurants, boutiques, entertainment, and employment centers, making this a desirable location for long-term tenancy. This property offers investors the opportunity to benefit from Prescott's strong downtown rental demand, and attractive lifestyle appeal. Whether implementing strategic value-add improvements, optimizing rental income over time or pursuing immediate cash flow, this property provides multiple avenues to enhance returns. Opportunities to acquire smaller apartment complexes in Prescott are increasingly limited. This 8-unit property offers investors the rare combination of location, consistent rental demand, and upside potential in a market that continues to experience strong housing demand and constrained multifamily supply.
Full Property Details
Full Property Details for 314 S Virginia St
General
- Price: $1,100,000
- Taxes: $1,277 (2025)
- Status: Pending
- Type: Multi-Family
- Source: PAAR_Prescott_MLS
- MLS ID: 1084217
- Updated: 8/18/2026
- Added to Site: 27 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Exterior
- Exterior Features: Laundry Facilities
Location
- County: Yavapai
- Driving Directions: Gurley to South on Virginia to property on right. Corner of Virginia and
Community
- Management Type: Mgmt Company
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Room Refrigeration
- Heating Type: Baseboard
- Water Heater: Electric
Utilities
- Water: Public
- Onsite: Electricity Available, Natural Gas Available, Underground Utilities, WWT - City Sewer
Structural Information
- # Buildings: 2
- Construction: Frame
- Roof: Asphalt
- Stories/Levels: 2
- Building Size: 5208
- Square Feet: 5,208
- Year Built: 1980
Lot Features
- 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
- Zoning: MF-M
Financial Considerations
- Tax Amount: $1,277
- Tax Year: 2025
- Terms: 1031 Exchange, Conventional
- Owner Pays: Water
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: BASHFORD TRACT BLK 2 LOT 9 CONT .17AC
- APN: 110-03-033a
- Lot Number: 9
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— 314 S Virginia St —
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Schools
Schools serving 314 S Virginia St
School District:Prescott Unified District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Prescott, AZ 201 Park Avenue, Prescott, AZ 86303 | K-4 | 0.9 mi |
Granite Mountain Middle School 1800 North Williamson Valley Road, Prescott, AZ 86305 | 5-6 | 4 mi |
Prescott High School 1050 Ruth Street, Prescott, AZ 86301 | 9-12 | 1.9 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 314 S Virginia St
Tax History
Tax History for 314 S Virginia St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,277
3%
$61,053
-1%
2024
$1,238
100%
$61,791
-29%
2024
-100%
$86,845
4%
2022
$1,188
—
$83,646
18%
2022
$1,188
-4%
$71,146
22%
2021
$1,239
—
$58,115
-1%
2020
$1,241
1%
$58,681
100%
2019
$1,225
4%
-100%
2018
$1,182
5%
$27,860
5%
2017
$1,127
-1%
$26,549
47%
2016
$1,134
4%
$18,079
8%
2015
$1,089
-20%
$16,762
2%
2013
$1,364
—
$16,403
—
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 314 S Virginia St
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- 2,883Sq. Ft.
- Land Residential
- Active
- Updated 1 day ago
- 2Acres
- Land Residential
- Active
- Updated 7 hours ago
- 1.31Acres
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,362Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,803Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,475Sq. Ft.
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314 S Virginia Street, Prescott, AZ 86303 (MLS# 1084217) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 314 S Virginia Street is currently listed for $1,100,000 and was received on August 01, 2026. Want to learn more about 314 S Virginia 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.