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$525,000
542 DAMERON Drive
Prescott, AZ 86301
MLS# 6959120



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Property 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

Details
Maps
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
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

IDX
Listing Office: Hello Home Real Estate And Property Management

Last Updated: December - 18 - 2025

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