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$3,286,000
119 Days On Site

320 S Cortez Street
Prescott, AZ 86303

For Sale|Multi Family|Active
17
Beds
0
Total Baths
8,143
SqFt
$404
/SqFt
1942
Built
Subdivision:
Prescott Original Township
County:
Yavapai
Listing courtesy of Michael A Aldridge of Delex Realty [email protected] ,
Call Now: (928) 237-2112
Is this the listing for you? We can help make it yours.
(928) 237-2112
320 S Cortez Street320 S Cortez Street320 S Cortez Street320 S Cortez Street
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Prime investment opportunity in the heart of Downtown Prescott. The Pillars, located at 320 S. Cortez Street, is a historic 17-unit multifamily property featuring 7 studio and 10 one-bedroom apartments in a highly desirable, walkable location near Courthouse Square, shopping, dining, entertainment and local events.The approximately 10,000 SF brick-and-concrete building sits on 0.34 acres and offers historic architectural character, with select units featuring original hardwood flooring. Several units have been updated, providing additional opportunity to renovate remaining units and enhance rental income.Property amenities include on-site coin-operated laundry, gated lower-level access, and private parking. Some units offer city and mountain views. The desirable unit mix established rental history and prime downtown location make this a compelling opportunity for investors seeking a well-positioned multifamily asset with value-add potential.17 Units | 7 Studios | 10 One-Bedrooms | Approx. 10,000 SF | 0.34 AcresFor additional information or to schedule a private showing, contact Michael Aldridge at 602-762-4830.This exceptional opportunity won't last long. Historical significance of the Pillars is outlined in the More... section. Title is being held open see private remarks.

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Listing Snapshot
Price 
$3,286,000
Days On Site 
119 Days
Bedrooms 
17
Inside Area (SqFt) 
8,143 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1942
MLS® Number 
1082558
Status 
Active
Property Tax 
$2,950
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.34
Property Sub Type 
Multi Family
SqFt Total 
8143
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone Available
Water Source 
Public
Zoning 
residential
Interior Features
Appliances 
Electric Water HeaterGas Water Heater
Cooling 
Ceiling Fan(s)
Electric 
220 Volts
Flooring 
LaminateTileVinylWood
Heating 
BaseboardElectric
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Exterior Features
Construction Details 
Brick
Road Frontage 
City Street
Roof 
Asphalt
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Roads 
Alley PavedAsphaltPaved

Listing courtesy of Michael A Aldridge of Delex Realty [email protected]

Based on information submitted to the MLS GRID as of 2026-10-01 10:57 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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