Back 131 S Summit Ave
Off Market

131 S Summit Ave

Prescott AZ 86303

3378 sq. ft.
9583 sq. ft.
Other
Last sold for $724,206.9
Teresa LohmeierTeresa Lohmeier, last sold this property on 27 March 2026 after 307 days on market.

Overview

Prime Investment Opportunity in Prescott, AZ - 7-Bedroom Rental Property with Tremendous UpsideLocated in the heart of Prescott, this spacious 7-bedroom property presents a rare and exciting investment opportunity. Whether you're expanding your portfolio or diving into your first income property, this versatile home offers strong rental potential and room for growth.Situated in a highly desirable area known for its charm, community feel, and proximity to downtown, this property is ideal for long-term tenants, vacation rentals, or even a hybrid use. With multiple bedrooms and flexible living spaces, it easily accommodates large groups or multiple tenants, maximizing income potential.

Features

3378 sq. ft. floor area
9583 sq. ft. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Prescott over the last 12 months, the estimated median property value of 131 S Summit Ave is $370k.

Median value
$370k
Estimated value range
$25k - $2.41m
Median days on market
55
Estimated value trend
214%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Prescott. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 131 S Summit Ave

2026
Sold
$724,206.9
27 Mar 2026 by Teresa Lohmeier, of Above The Best Realty LLC
2016
Sold
$280,000
01 Dec 2016 by Brad Bergamini, of Realty Executives Northern AZ

Happy sellers in Prescott

82%
82% of sellers in Prescott reported that their sale price either exceeded or met their price expectations.

Prescott stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Prescott over the last 12 months.

Local market activity for other properties in Prescott

In the last 12 months, 35 other properties similar to 131 S Summit Ave, have been sold.

This represents a 59% decrease in other properties sales when compared to the previous 12 months.

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