542 DAMERON Drive, Prescott, AZ 86301 (MLS# 6959120)

542 DAMERON Drive, Prescott, AZ 86301

$525,000

Property Type: Multiple Dwellings Status: Active

Current Price: $525,000 Last Modified: 12/18/2025

Description

Are you searching for a rare investment opportunity in the heart of Prescott with income in place and room to grow? This truly unique property offers three separate income-producing units with the potential for future expansion. The front main house features two bedrooms and one bathroom and has been updated with a newer roof, electrical, plumbing, and gutters. The middle unit offers a charming layout with a loft bedroom, while the rear unit is a park model, also featuring a loft. All three units are currently leased to tenants who would love to remain, providing immediate rental income, and each unit enjoys its own fenced yard—perfect for pets. The property also includes a goat shed currently used for storage and an older capped well with no additional information available. With space

Supplements: and potential to add additional units, this is a versatile property with exciting possibilities. Buyer to verify all information. Please do not disturb the tenants

More Information MLS# 6959120

Contract Info

Ownership: Fee Simple Current Price: $525,000 List Price: $525,000 Status: Active List Date: 2025-12-18

Location, Tax & Legal

Assessor's Map #: 8 Legal Description (Abbrev): LOT 2 LOT 2B R CONT .50AC SEC 33-14-2W M & P 50/95 HOME ACRE TRACT BOOK 5 PAGE 95 Assessor's Parcel #: 78 Assessor Parcel Ltr: B Add'l Parcels: No Tax Municipality: Prescott Census Tract: 900 Taxes: 820 Legal: LOT 2 LOT 2B R CONT .50AC SEC 33-14-2W M & P 50/95 HOME ACRE TRACT BOOK 5 PAGE 95 Marketing Name: None House Number: 542 Street Name: DAMERON St Suffix: Drive City/Town Code: Prescott State/Province: AZ Zip Code: 86301 Zip4: 2476 County Code: Yavapai Subdivision: HOME ACRE TRACT Assessor Number: 113-08-078-B Tax Year: 2025

General Property Description

# of Buildings: 4 Uncvrd Parking Spcs: 6 Lot Size Dimensions: Unknown Flood Zone: TBD Total # of Units: 3 Elementary School District: Prescott Unified District High School District: Prescott Unified District Elementary School: Lincoln Elementary School Jr. High School: Granite Mountain Middle School High School: Prescott High School Year Built: 1930 Zoning: MF-M

Legal Info

Range: 2W Section: 33 Township: 14 Lot Number: 2

Project Type

Other (See Remarks): 1

Construction

Wood Frame: 1

Const - Finish

Other (See Remarks): 1

Roofing

Composition: 1 Metal: 1

Floors

Laminate: 1 Vinyl: 1 Wood: 1

Sale Includes

Building(s) Only: 1 Laundry Equipment: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 820 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 50400 Total Monthly Rental Income: 4200

Pmt & Rate Info

Cap Rate: 9.6 Equity: 525000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Window/Wall Unit(s): 1

Cooling

Ceiling Fan(s): 1 Window/Wall Unit: 1

Tenant Pays

None: 1

Appliances Included

Disposal: 1 Microwave: 1 Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Road Responsibility

City Maintained Road: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

<1 Space Per Unit: 1 >1 Space Per Unit: 1 RV Access/Parking: 1

Electric

APS: 1

Gas

Unisource: 1

Owner Pays

Water: 1 Sewer: 1 Electric: 1 Gas: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

# Efficiency Units: 1 Avg Rent: 800 Avg SqFt: 228 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 1 Avg Rent: 1550 Avg SqFt: 371 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 1850 Avg SqFt: 651 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Directions: South on Miller Valley Rd, Left on Brannen, Right on Dameron to house on Right Geo Lat: 34.549863 Geo Lon: -112.476353

Income Expenses

Gross Annual Sch Inc: 50400 Net Operating Income: 50400

Property Features

Project Type: Other (See Remarks) Construction: Wood Frame Const - Finish: Other (See Remarks) Roofing: Composition; Metal Floors: Laminate; Vinyl; Wood Sale Includes: Building(s) Only; Laundry Equipment Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Disposal; Microwave; Washer/Dryer Heating: Window/Wall Unit(s) Cooling: Ceiling Fan(s); Window/Wall Unit Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: Unisource Parking Features: <1 Space Per Unit; >1 Space Per Unit; RV Access/Parking Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Electric; Gas Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: Hello Home Real Estate And Property Management

Last Updated: December - 18 - 2025