502 Western Avenue

Off Market

502 Western Avenue

Prescott AZ 86301

4283 sq. ft.

7405 sq. ft.

Duplex

Last sold for $9,000

Amy Davis, last sold this property on 26 June 2026 after 165 days on market.

Overview

Rare downtown Prescott multi-unit opportunity on one parcel. This Multi-Family High-Density (MF-H) zoned property features three residential units across two buildings totaling approximately 4,283 sq ft, offering strong income potential and flexible use for investors or owner-occupants.The primary residence at 502 Western is a unique 2,808 sq ft concrete home featuring ADA accessibility, elevator access, and a 2-car garage. The main level has possible 2 bedrooms (one with a fireplace), laundry, storage, bath, large safe, and elevator access. The upper level offers two bedrooms, two baths, and a spacious open living area with fireplace and kitchen, plus third-floor storage/attic. Flooring, paint, and appliances were updated in 2020.The Summit Avenue structure totals approximately 1,475 sq ft and includes two additional residential units, updated in 2015. One unit offers possible two bedrooms, one bath, living area, laundry, and private patio. The second unit is a studio apartment with kitchenette, bath, and laundry.Property was previously licensed for short term rental use and was later permitted for short or long term residential occupancy accommodating up to 14 people. Multiple structures are located on one parcel.

Features

4283 sq. ft. floor area

7405 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Prescott over the last 12 months, the estimated median property value of 502 Western Avenue is $550k.

Median value

$550k

Estimated value range

$9k - $825k

Median days on market

Estimated value trend

28%

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 502 Western Avenue

2026

Sold

$9,000

26 Jun 2026 by Amy Davis, of Realty ONE Group Mt Desert

2023

Sold

$5,000

06 Feb 2023 by REHAB BOSWELL

2021

Sold

$3,000

15 Nov 2021 by REHAB BOSWELL

Happy sellers in Prescott

84%

84% 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 37 reviews in Prescott over the last 12 months.

Local market activity for duplexes in Prescott

In the last 12 months, 7 duplexes similar to 502 Western Avenue, have been sold.

This represents a 75% decrease in duplexes sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Prescott for a market analysis.

Diane Breaux

(133 reviews)

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Randal Breaux

(72 reviews)

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Brad Bergamini

at Keller Williams Arizona Realty

(434 reviews)

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Kathi Rafters

at Realty ONE Group Mountain Desert | Prescott

(53 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Prescott

Diane Breaux

Sellers who recommend Diane Breaux have praised them for being local expert, clear communication, responsive, supportive, hard-working, patient, and stress-free process

5 (133 reviews)
11 Reviews in Prescott
18 Sales in Prescott

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Randal Breaux

Sellers who recommend Randal Breaux have praised them for being local expert, clear communication, responsive, friendly, stress-free process, trustworthy, and detail-oriented