654 W Gurley Street, Prescott, AZ 86305 (MLS# 1078661)

654 W Gurley Street, Prescott, AZ 86305

$645,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,114 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $645,000 List Date: 1/10/2026 Last Modified: 4/27/2026

Overview

Description

Endless possibilities in this Immaculate home. Zoned Business General allowing for residential use and/or many commercial uses. Fabulous investment! Excellent cap rate. Currently set up as 3 separate 1 bedroom units. Front Unit is rented for $1750 till October. Back unit is rented for $1700 till 6/7/26. Owner occupies other unit. 2 units could easily be combined for a large living area and keep one in-law suite/rental. Or have 3 rental units. NEW mini-splits 2021, NEW roof 2022, NEW water heater 2022, fresh exterior and interior paint and many more updates. Large 1 car garage with lots of storage space. Well maintained yard with raised bed growing options. Ideally will be sold furnished. The benefits of commercial and residential all rolled into one beautiful property. Buyer to verify use.*Property originally built in 1933 with 2 subsequent additions in 1983 and in 1990s.*

Listing Details MLS# 1078661

ContractAddressLegal

Original List Price
697000
Listing Price
645000
Street #
654
Direction
W
Street Name
Gurley
St Suffix
Street
City/Township
Prescott
State
AZ
Zip Code
86305
County
Yavapai
Subdivision
Murphys
Tax Parcel
113-11-085

General Property Description

Split Bedroom Plan
Yes
Baths - Full
Yes
Baths - 3/4
2
Total Bathrooms
3
Year Built
1933
Aprx SqFt
2114
Total Liveable SqFt
2114
Source of Measurement
County Assessor
Stories
Yes
Aprx Acres
0.17
Garage Attached
Yes
Total Garage
Yes
Total Parking
Yes
Buildings
Yes
Home Warranty
Negotiable
Solar Y/N
No
HOA Y/N
No
Age Restrictions Y/N
No
Garage Detached
0
Carport Attached
0
Carport Detached
0

Green Location

WalkScore
89

Contract/Address/Legal

List Price/SqFt
305
Residential Type
Site Built Single Family
Land Lease
No
Residential Status
Existing
Neighborhood
N/A
REO/Short Sale
Not Applicable
Zoning
BG
Lot #
10
Assessor's Book #
113
Assessor's Map #
11
Assessor's Parcel #
85
Legal
LOT 10 MURPHYS 1ST ADD BOOK 2 PAGE 31
Irrigation Rights
No

Remarks & Misc

Directions
on West Gurley St. Behind Honor Island Park
Remarks
Endless possibilities in this Immaculate home. Zoned Business General allowing for residential use and/or many commercial uses. Fabulous investment! Excellent cap rate. Currently set up as 3 separate 1 bedroom units. Front Unit is rented for $1750 till October. Back unit is rented for $1700 till 6/7/26. Owner occupies other unit. 2 units could easily be combined for a large living area and keep one in-law suite/rental. Or have 3 rental units. NEW mini-splits 2021, NEW roof 2022, NEW water heater 2022, fresh exterior and interior paint and many more updates. Large 1 car garage with lots of storage space. Well maintained yard with raised bed growing options. Ideally will be sold furnished. The benefits of commercial and residential all rolled into one beautiful property. Buyer to verify use.*Property originally built in 1933 with 2 subsequent additions in 1983 and in 1990s.*

Construction

Frame - Wood
Yes

More Information

Cooling

Ceiling Fan(s)
Yes
Mini-Split
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Mini-Split
Yes

Possession

At Recordation
Yes

Records Available

None
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Style

Ranch
Yes

Road Responsibility

City Maintained Road
Yes

Roof

Composition
Yes

Interior Features

Ceiling Fan(s)
Yes
Counters-Solid Srfc
Yes
Fireplace-Gas
Yes
Garage Door Opener(s)
Yes
Laminate Counters
Yes
Skylight(s)
Yes
Smoke Detector(s)
Yes
Wash/Dry Connection
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes
VA
Yes

Exterior Features

Driveway-Concrete
Yes
Level Entry
Yes
Patio - Covered
Yes
Patio - Open
Yes

Utilities Installed

Electricity
Yes
Natural Gas
Yes
Water - City
Yes
WWT - City Sewer
Yes

Water Heater

Natural Gas
Yes

Appliances

Built-In Electric Oven
Yes
Built-In Gas Oven
Yes
Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Washer
Yes

Topo/Location

Level
Yes
Other Trees
Yes
Ponderosa Pine
Yes

Foundation/Basement

Found - Stem Wall
Yes

Window/Coverings

Drapes
Yes
Horizontal Blinds
Yes

Views

City
Yes

Pets/Animals

Domestics
Yes

Other Rooms

Family Room
Yes
Laundry Room
Yes
Storage
Yes

RV/Garage/Park

Parking Pad
Yes
Parking Spaces
Yes

Subdivision Features

None
Yes

Property Features

Style: Ranch Construction: Frame - Wood Interior Features: Ceiling Fan(s); Counters-Solid Srfc; Fireplace-Gas; Garage Door Opener(s); Laminate Counters; Skylight(s); Smoke Detector(s); Wash/Dry Connection Exterior Features: Driveway-Concrete; Level Entry; Patio - Covered; Patio - Open Appliances: Built-In Electric Oven; Built-In Gas Oven; Cooktop; Dishwasher; Dryer; Washer Heating: Mini-Split Cooling: Ceiling Fan(s); Mini-Split Flooring: Laminate; Tile Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer Roof: Composition Water Heater: Natural Gas Road Frontage Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Other Rooms: Family Room; Laundry Room; Storage Records Available: None Subdivision Features: None Possession: At Recordation
Listing Office: Realty ONE Group Mountain Desert
Last Updated: April - 27 - 2026
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