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202 W MERRITT Street, Prescott, AZ, 86301

4beds
2baths
1,441sqft
$275,000
$191price/sqft
$1,754/moest. monthly cost
$70,160/yrincome needed

About This Home

Just minutes from the vibrant heart of downtown, this well-maintained manufactured home offers a rare blend of comfort, convenience, and investment potential on a spacious multi-family zoned homesite. The property welcomes you with a charming front exterior that provides ample parking, including space for an RV, along with plenty of room to accommodate a variety of lifestyles or investment needs. Inside, the home opens to a generously sized living room that serves as the central gathering space of the home. A cozy wood-burning stove adds warmth and character. The living area flows easily into the kitchen, where you'll find a stainless-steel range and abundant cabinetry, providing functionality and ample storage for everyday living. The primary bedroom offers a comfortable & private retre The primary bedroom offers a comfortable and private retreat, complete with its own ensuite bathroom designed for convenience and relaxation at the end of the day. Three additional bedrooms provide excellent flexibility, whether used for family members, guests, a home office, or hobby space. A second full bathroom is thoughtfully positioned to serve these rooms. Throughout the home, a combination of carpet and durable vinyl flooring provides comfort underfoot while maintaining easy, low-maintenance care. Outside, the backyard extends the home's living space with a patio that is perfect for enjoying fresh air, outdoor dining, or quiet mornings. A separate storage room adds practical functionality, while a dedicated dog run provides a safe and secure space for pets. The generous yard space, combined with the valuable multi-family zoning, creates the potential to add another unit and maximize income possibilities. With a previous rental history producing an impressive 8% cap rate, this property presents a strong opportunity for investors while still offering comfortable living for an owner-occupant. Seller financing is available with $100,000 down, and additional lending options may also be available, making this a versatile opportunity for buyers looking to secure a property with both lifestyle and income potential.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

8/10
Taylor Hicks SchoolGrades K-51.2 mi
8/10
Prescott High SchoolGrades 8-120.5 mi

Construction

Condition

  • Year built: 1972

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Vinyl Siding,Steel Frame,Wood Frame,Painted

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Other
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Gas Range
  • Laundry features: Inside,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • High Speed Internet,No Interior Steps,3/4 Bath Master Bdrm,Laminate Counters
  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 1,441
  • Total interior livable area: 1,441 sqft

Property

Details

  • Parcel number: 11302022A

Features

  • Stories: 1
  • Patio & porch: Patio
  • Spa features: None
  • Fencing: Partial

Lot

  • Lot size: 7,499 sqft
  • Features: Desert Front

Parking

  • Parking features: Off Street

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
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather
Hail
Wildfire

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 $1,390$16,680
Home Insurance $57$684
Property Taxes $91$1,092
Electricity $216$2,603
Total$1,754$21,048

Income You'd Need if You Spent...

35% on housing$60,137/yr
40% on housing$52,620/yr
45% on housing$46,773/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

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 86301$268
Yavapai County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 86301$309
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
2026-04-03Listed for sale$275,000
2026-03-16Contingent$275,000
2026-03-10Listed for sale$275,000
2026-02-01Listing removed$270,000
2025-11-18Price change$270,000
2025-07-31Listed for sale$299,000
2022-08-13Listing removed--
2022-08-12Listed for rent$1,795
2022-07-20Listing removed--
2022-06-29Listed for rent$1,795
2022-06-17Listing removed--
2022-06-11Listed for rent$1,795
2022-05-16Sold$280,000
2022-04-04Pending sale$280,000
2021-07-16Sold$230,000
2021-03-16Sold$61,460

For Sale by Agent

AgentGeoffrey R Hyland
BrokerageeXp Realty

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