431 S Cortez St, Prescott, AZ 86303

Beds
2
Bath
1
Sqft
827

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Listed byHomeSmart Fine Homes and Land
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Overview

Prime redevelopment opportunity for investors and builders. This single-family property sits on a generously sized lot already zoned for high-density multi-family use, offering significant upside potential. The existing structure is a teardown, making way for a new construction project that can fully capitalize on the favorable zoning and downtown Prescott location. Located in a growing area with strong short and long-term rental demand, this site is ideal for redevelopment. Utilities are in place, and the lot offers convenient front and rear access, providing easy entry in case of multiple unit development, as well as streamlining the building process. Whether you're looking to add doors to your portfolio or develop and sell, this is a rare chance to secure land downtown Prescott, only two blocks from the Courthouse Plaza and Whiskey Row. Opportunities like this are becoming increasingly scarce; bring your vision and maximize the potential.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
2
Number of bathrooms
1
Square feet
827
Lot size (acres)
0.18
Year built
1932

Utilities

Heating
See Remarks
Cooling
None, Other
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$535

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Prescott Area Association of Realtors MLS®#: 1081638 Last checked:

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Prescott Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Prescott Area Association of REALTORS®. All rights reserved.