Listing provided courtesy of Rent Right and Home Rightas Distributed by MLSGrid- MLS# PAR1081167MLS Provider

224 Madison AvenuePrescott, AZ 86301

Single Family · 4 Beds · 3 Full Baths · 1,296 Sq. ft. | 0.17 Acres
$174,500 Active

224 Madison Avenue Overview

Time on Site:
77 days
Visits:
1

HGTV called....they want their pilot episode back. This fully gutted property is down to the studs and ready for someone with vision, grit, and probably a contractor on speed dial. Zoned MF-M multi-family and already framed for a possible duplex, this project has electrical and plumbing in place and is set up for a planned layout of one 3 bedroom, 2 bath unit and one 1 bedroom, 1 bath unit. Whether you're looking to create a primary residence with separate living quarters, accommodate multi generational living, or add a unique income producing property to your portfolio, this one offers multiple paths to value. Complete the project and bring this blank slate opportunity back to life, with possible additional development in the rear, subject to buyer verification.

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224 Madison Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,296
  • Price/Sq.ft. $135
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 1956

Location/Region

  • County Or Parish: Yavapai
  • Subdivision Name: Bashford Tract

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $833.00
  • Tax Year: 2025

General Information

  • Exclusions: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: MF-M (MH)

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1296

General Information

  • Basement: Traditional,None
  • Cooling: Central Air
  • Flooring: Other
  • Heating: Forced - Gas
  • Interior Features: See Remarks
  • Living Area: 1296
  • Stories Total: 1
  • Window Features: Other

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: false
  • Irrigation Water Rights: false
  • Lot Size Acres: 0.17
  • Lot Size Square Feet: 7405
  • Road Responsibility: City Maintained Road
  • Road Surface Type: Paved
  • Topography: Other - See Remarks

Waterfront/View

  • View: City

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Frame,Stucco
  • Roof: Composition

General Information

  • Exterior Features: See Remarks
  • Road Frontage Type: City Street

224 Madison Avenue Neighborhood

Community

86301 (Prescott) Demographics

57
Median Age
756
Population Density (per sq. mile)
46%
College Educated
$57,432
Estimated Median Income
7,218
Estimated Total Home Owners
3,030
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

224 Madison Avenue Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

224 Madison Avenue Market Data

Based on the last 30 days in this zip code

$757,757
Average List Price
$348
Average Price per Square Foot
47
Properties Sold
86
Average Days on Market
335
Properties for Sale
Calculations provided by Reliance Network

224 Madison Avenue History

Date Event Value Agent
6/3/2026Source: Prescott Area Price Reduction
$174,500 -12.7%
5/14/2026Source: Prescott Area Status Change
Active
5/12/2026Source: Prescott Area Status Change
Active Under Contract
5/12/2026Source: Prescott Area Status Change
Active
5/7/2026Source: Prescott Area Status Change
Active Under Contract
4/13/2026Source: Prescott Area Added to Database
April 13, 2026