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Residential Land for Sale in Prescott, Arizona

259 & 261 Vallejo St, Prescott, AZ 86301

$350,000
0.38 acres
Active
Est $2,473/mo

Fix & Flip, Scrape and Redevelop, or Design build new multifamily. Unlock a rare opportunity to develop in the heart of Prescott! This .38-acre multifamily infill parcel, zoned MF-M, boasts a prime downtown location and the potential for 6 units (buyer to verify). With flat topography, easy street access, and utilities nearby, this is the perfect canvas for investors and developers eager to capitalize on Prescott's booming rental market. Don't miss out on this supply-constrained gem!

Location

Street address
259 & 261 Vallejo St
Community
Dameron Park Add
Elevation
5,338 feet
Coordinates
34.5493, -112.4716

Directions

Montezuma west on Navajo to 1st street, south to Vallejo.

Property details

Lot size
0.38 acres16,553 sq ft
Zoning
MF-M (MH)
MLS #
PAAR 1073086
Posted

Property taxes

2025
$1,015 - DAMERON PARK ADD LOT 4 & 5 BLK 25

Legal description

Details and features

Listing

Type
Land

Lot

View
City

Structure

Water
Public

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable

Listing history

DateEventPriceChangeSource
July 31, 2025Back on market$350,000PAAR
July 17, 2025Under contract$350,000PAAR
May 9, 2025New listing$350,000PAAR
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This 0.38-acre property is located at 259 & 261 Vallejo St in Prescott, AZ 86301. The property is available for sale for $350,000.

Checked 1 hour ago — Updated

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Copyright (C) 2025 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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