$660,000
Prescott Valley, AZ 86314
MLS# 6982738
1 / 20
Property Description
4-Plex Investment Opportunity! Well-maintained property featuring four 1 bedroom, 1 bath units. All currently occupied. Offering strong, consistent cash flow with immediate income. Each unit has a functional layout appealing to long term tenants, making it an ideal addition to any investor's portfolio. Low vacancy history & solid rental demand provide excellent income potential w/upside for future rent growth. Conveniently located near shopping, dining, & major commuter routes. A great opportunity for both seasoned investors and those looking to enter multifamily ownership. The rents are low for the current market. These one bedrooms should rent for $1100/month. Unit C is rented at $1200 per because it is a VA tenant all utilities included. All Leases MTM. except Unit C.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $660,000
List Price: $660,000
Status: Active
List Date: 2026-02-11
Location, Tax & Legal
Assessor's Map #: 23
Assessor's Parcel #: 115
Assessor Parcel Ltr: D
Add'l Parcels: No
Tax Municipality: Prescott Valley
Taxes: 1881
Legal: PRESCOTT VALLEY UNIT 2 REVERSIONARY PLAT OF LOTS 387 & 388 REVERS IONARY LOT 387 CONT .28AC SEC 13-14-1W M&P 34/88
Marketing Name: Prescott Valley
House Number: 7980
Compass: E
Street Name: Lakeshore
St Suffix: Drive
City/Town Code: Prescott Valley
State/Province: AZ
Zip Code: 86314
Country: US
County Code: Yavapai
Subdivision: Prescott Valley 2
Assessor Number: 103-23-115-D
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 12,820
Total # of Units: 4
Elementary School District: Humboldt Unified District
High School District: Humboldt Unified District
Elementary School: Lake Valley Elementary School
Jr. High School: Glassford Hill Middle School
Year Built: 1997
Zoning: MFRU
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Tile: 1
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Personal Property: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1881
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 54000
Pmt & Rate Info
Cap Rate: 7.5
Down Payment %: 0
Monthly Payments: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
Other: 1
Heating
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Desert Landscaping: 1
Satellite Dish: 1
Separate Storage: 1
Interior Features
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Breakfast Bar: 1
Tenant Pays
Gas: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
Unisource: 1
Owner Pays
Water: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 623-329-0125
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1100
Avg SqFt: 642
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Robert Rd. & Lakeshore Dr.
Directions: Robert Rd to Lakeshore Dr., West to property.
Geo Lat: 34.596577
Geo Lon: -112.325139
Legal Info
Lot Number: 387
Income Expenses
Gross Annual Sch Inc: 54000
Net Operating Income: 52119
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Tile; Vinyl; Carpet
Sale Includes: Land & Building; Personal Property
Community Features: Other
Exterior Amenities: Desert Landscaping; Satellite Dish; Separate Storage
Interior Features: Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: Unisource
Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail
Road Surface Type: Asphalt
Owner Pays: Water
Tenant Pays: Electricity; Gas; Trash Collection
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Denton Real Estate and Management
Last Updated: April - 27 - 2026
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