705 Ruth Street, Prescott, AZ 86301

$1,275,000
6
BD
4
BA
973
SqFt

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List Price
$1,275,000
Price Change
▼ $100,000 1787405810
Year Built
2024
Acres
0.16
MLS#
1083612
Subdivision
Dameron Tract
Bedrooms
6
Living Area
973
Lot Size
6,970

Property Description

RARE PRESCOTT FOUR-RESIDENCE PORTFOLIO -- FOUR INDEPENDENT HOMES, TWO ADJACENT PARCELS, ONE $1,275,000 PURCHASE. Consider what it would cost to acquire four separate residences in Prescott individually -- then compare that to the opportunity here. This unique Ruth Street portfolio delivers four distinct living units in one package, each with the privacy, function and independence buyers and tenants actually want.The property includes the Yellow House and detached Yellow Cottage at 703 Ruth Street, plus the newly built Green House and Green Cottage at 705 Ruth Street. The two cottages are not typical studios, guest quarters or kitchenette-style units. Each functions much more like a true one-bedroom home with a separate bedroom, full kitchen, full-size appliances, in-unit laundry, private entrance, private outdoor space and private dedicated parking. Both cottages have rental history of approximately $1,700 per month each.The Yellow House and Yellow Cottage are believed to date to circa 1912 and offer classic Prescott character, vintage details, garden areas and inviting outdoor spaces. The Green House, built in 2025, blends modern construction with a timeless cottage/bungalow feel, featuring warm living spaces, arched openings, designer lighting, updated kitchen finishes and thoughtful vintage-inspired style.Together, the two parcels offer approximately 3,248 sq. ft. of combined improvements, four separate residences, city utilities, no HOA and multiple parking areas. The configuration creates exceptional flexibility for investors, multi-generational living, owner occupants, furnished rentals, long-term rentals, or a long-term Prescott hold.Four independent residences on two adjacent Prescott parcels at this price point are difficult to duplicate. Offered together as one portfolio only. Buyer to verify zoning, permitted uses, leases, rental history, square footage and any redevelopment or expansion potential.

Additional Information

Total Garage
2
Style
Cottage, Victorian
View
Thumb Butte
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
Construction
Block, Brick, Frame
Cooling
Ceiling Fan(s), Central Air, Ductless Mini-Split
Exterior Features
Driveway Concrete, Driveway Gravel, Carriage/Guest House, Landscaping-Front, Landscaping-Rear, Shed(s), Storm Gutters, Water Feature
Fencing
Back Yard, Perimeter
Flooring
Carpet, Tile, Vinyl
Heating
Forced - Gas, Mini-Split Unit(s)
Interior Features
Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Liv/Din Combo, High Ceilings, Walk-In Closet(s), Wash/Dry Connection
Other Rooms
2nd Master, In-Law Suite, Laundry Room, Storage
Pets Animals
Domestics
Possession
At Recordation
REO/Short Sale
Not Applicable
Roof
Composition
Stories
1
Taxes
$508
Tax Year
2025
Topo Location
Grass, Juniper/Pinon, Other Trees
Water Heater
Natural Gas
Zoning
(0180) SFR DOMI

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Calculator source: Real Geeks

Listing courtesy of eXp Realty.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®