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2996 N Truwood Dr, Prescott Valley, AZ, 86314

3beds
3baths
1,838sqft
$499,000
$271price/sqft
$3,030/moest. monthly cost
$121,200/yrincome needed

About This Home

Located in the heart of Prescott Valley, this well-maintained triplex offers immediate income with room to grow. Each one-bedroom, one-bath unit is spacious and offers generous storage. Two units are situated on the ground level with a third unit upstairs, creating a functional and desirable layout for tenants. Outside, tenants enjoy ample parking, a fenced backyard, and a large 10x20 storage shed. Recent capital improvements include a new roof and new air conditioning units, helping keep operating costs low. Owned and carefully maintained by the same local owner since 1996, all three units are currently leased on a month-to-month basis, allowing flexibility for a new owner. This is a strong investment opportunity in a central location with solid rental demand and upside potential.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

8/10
4/10

Construction

Condition

  • Year built: 1979

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Cove,Electric
  • Cooling features: Room Refrigeration

Interior Area

  • Total structure area: 1,838
  • Total interior livable area: 1,838 sqft

Property

Details

  • Parcel number: 4050
  • Zoning: MF

Features

  • Exterior features: Storage
  • Fencing: Fenced

Lot

  • Lot size: 7,840 sqft
  • Features: Landscaped

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Wildfire
Winter Weather
Hail

FEMA Declared Disasters in Yavapai County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance $125$1,500
Property Taxes $166$1,992
Electricity $216$2,603
Total$3,030$36,360

Income You'd Need if You Spent...

35% on housing$103,885/yr
40% on housing$90,900/yr
45% on housing$80,800/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 86314$264
Yavapai County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 86314$283
Yavapai County$289

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-30Listed for sale$499,000
1996-03-26Sold$90,000
1995-04-26Sold$88,000

For Sale by Agent

AgentGeoffrey Hyland
BrokerageeXp Realty

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