224 MADISON Avenue, Prescott, AZ 86301

$290,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,296 Lot Size (sq. ft.): 7,341 Status: Active
Current Price: $290,000 List Date: 8/02/2025 Last Modified: 8/30/2025

Description

Fix & Flip, scrape, redevelop or build your rental portfolio with this investor special. Zoned MF-M multi-family and already framed as a possible duplex with electrical and plumbing completed. Finish the project to build sweat equity in an ideal rental minutes from downtown or multi-gen/MIL suite. Room to add more units in the back. Take advantage of a great opportunity in a prime location!

More Information MLS# 6899254

Contract Information

List Price: $290,000 Status: Active Current Price: $290,000 List Date: 2025-07-30 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 224 Street Name: MADISON St Suffix: Avenue City/Town Code: Prescott State/Province: AZ Zip Code: 86301 Zip4: 2536 County Code: Yavapai Assessor Number: 113-14-025 Subdivision: BASHFORD 1ST ADD Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 2 # Bathrooms: 1 Approx SQFT: 1296 Price/SqFt: 223.77 Horses: N Builder Name: unknown Year Built: 1956 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 7341 Approx Lot Acres: 0.169 Community Pool Y/N: No Private Pool Y/N: No Elementary School District: Other High School District: Other Elementary School: Other Jr. High School: Other High School: Other

Remarks Misc

Cross Street: Lincoln Ave and Madison Ave Directions: From Miller Valley head North on Lincoln Ave, East on Madison Ave, property is on the left/north side Geo Lat: 34.548715 Geo Lon: -112.471237

Legal Info

Township: 02 Range: 14 Block: 2 Lot Number: 14

Basement

Basement Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Master Bathroom: Other (See Remarks) Fireplace Features: No Fireplace Spa: None Dining Area: Other (See Remarks) Kitchen Features: None Laundry: None Features: Fix-Up Needs Repair Construction: Wood Frame Const - Finish: Stucco Construction Status: Under Construction Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: APS Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wrought Iron Landscaping: Dirt Front; Dirt Back Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash Disclosures: Seller Discl Avail
Listing Office: Real Broker
Last Updated: August - 30 - 2025
224 MADISON Avenue, Prescott, AZ 86301- MLS# 6899254
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.