RARE PRESCOTT FOUR-RESIDENCE PORTFOLIO! Four independent homes on two adjacent parcels offered together at $1,275,000. Buying four separate Prescott residences individually could require substantially more--this is a unique opportunity to secure four distinct homes in one package. Includes the Yellow House and Yellow Cottage at 703 Ruth St., plus the newly built Green House and Green Cottage at 705 Ruth St. The cottages are true 1-bedroom residences, not studios, with full kitchens, full-size appliances, in-unit laundry, private entrances, private outdoor space and private parking. Both cottages have rental history of approx. $1,700/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.
RARE PRESCOTT FOUR-RESIDENCE PORTFOLIO -- TWO ADJACENT PARCELS OFFERED TOGETHER. Offered at $1,375,000, this unique Ruth Street opportunity 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. Together, the properties create a rare multi-residence investment package with historic charm, new-construction comfort, existing rental history, and long-term flexibility.The Yellow House and Yellow Cottage are believed to date to circa 1912, offering classic Prescott character, vintage details, garden charm, outdoor living areas, and a detached cottage with private access, laundry, fenced yard, and dedicated parking. The Green House, built in 2025, captures a timeless cottage/bungalow feel while offering modern finishes, warm living spaces, arched openings, designer lighting, updated kitchen finishes, and thoughtful vintage-inspired style.Across the portfolio are four separate residences, city utilities, no HOA, multiple parking areas, and approximately 3,248 sq. ft. of combined improvements. Both cottages have a rental history of approximately $1,700 per month each, creating strong income flexibility while preserving future options. Ideal for investors, multi-generational living, house-hacking, furnished rentals, long-term rentals, or a legacy Prescott hold.Opportunities to acquire four existing residences on two adjacent parcels in Prescott are increasingly difficult to find. Offered as one portfolio only. Buyer to verify zoning, permitted uses, leases, rental history, square footage, and any redevelopment or expansion potential.
PAARMLS as Distributed by MLS Grid #1083612
Aug 22, 2026
Price Changed
$1,275,000
Jul 1, 2026
Listed
$1,375,000
+96
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.
ARMLS #7053329
Aug 19, 2026
Price Changed
$1,275,000
Jul 1, 2026
Listed
$1,375,000
Public Records
Apr 3, 2018
Sold
$98,600
Public Records
May 15, 1990
Sold
$32,000
Public Records
Aug 1, 1986
Sold
$25,000
Year
Property tax
Land + Additions
Assessment*
2025
$508 (+3.2%)
$8,231 + $4,827
$13,058
2024
$492 (+2.1%)
$8,217 + $4,606
$12,823
2023
$482 (+2.0%)
$8,217 + $4,606
$12,823
2022
$473 (−4.1%)
$7,062 + $4,061
$11,123
2021
$493 (+39.5%)
$6,500 + $3,335
$9,835
2020
$353 (+0.7%)
$5,564 + $3,364
$8,928
2019
$351 (+4.6%)
$5,388 + $836
$6,224
2018
$335 (+3.8%)
$5,388 + $836
$6,224
2017
$323 (+0.6%)
$5,571 + $1,676
$7,247
2016
$321 (+3.5%)
$3,460 + $1,809
$5,269
2014
$310
$3,460 + $1,354
$4,814
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
973
Unfinished Sq. Ft.
—
Total Sq. Ft.
973
Year built
2024
Style
Single Family Residential
County
Yavapai County
APN
11305116B
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 22, 2026.
MF-M
Multi-Family Medium Density District
The Multi-family Medium Density (MF-M) District is a medium-density, multi-family, residential district with a semi-urban character. The MF-M district provides specific standards for the development of multi-family dwellings, including rental apartments, and appropriate accessory uses. Minimum lot sizes are based on the type of dwelling units. Up to 3 multi-family dwelling units may be permitted on a 7,500 sq ft lot, and more units may be permitted on larger lots, via PAD and otherwise. District standards should mitigate the effects higher residential densities and provide a comfortable, yet compact, residential pattern. The provision of community open space, neighborhood parks, outdoor recreational areas and pedestrian facilities is strongly encouraged.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Bed & breakfast
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
15% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Prescott, AZ • 86301
Average low and high temperatures (°F)
55
28
64
36
69
41
69
42
78
51
90
62
91
64
90
64
84
58
77
48
63
36
61
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 705 S Ruth St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $291,000 and $575,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $291K to $575K.