7020 E Burro Lane, Prescott Valley, AZ 86314 (MLS# 1085237)

7020 E Burro Lane, Prescott Valley, AZ 86314

$479,900

Property Type: Multi-Family Square Footage: 2,022 Lot Size (sq. ft.): 8,276 Status: Active w/Contingency

Current Price: $479,900 List Date: 9/22/2026 Last Modified: 9/27/2026

Overview

Description

Turnkey Prescott Valley duplex with both units currently leased and producing income from day one. Each 2-bedroom, 2-bath unit offers 1,011 square feet, an attached one-car garage and a private fenced backyard, giving tenants the space and features that support long-term rental appeal. Recent improvements include a new HVAC system in Unit A in January 2025, a new HVAC system in Unit B in December 2024, new windows in Unit B in 2025 and new tile flooring in Unit A in 2025. Tenants pay their own utilities, helping keep owner-paid operating expenses lower. Unit A is leased through August 12, 2027, and Unit B is leased through March 18, 2027, giving the next owner established income with leases already in place. Built in 1994, this duplex offers practical layouts, private outdoor space, attached garages and recent capital improvements in a desirable Prescott Valley rental property.

Listing Details MLS# 1085237

ContractAddressLegal

Original List Price: 479900
Listing Price: 479900
Street #: 7020
Direction: E
Street Name: Burro
St Suffix: Lane
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Subdivision: Prescott Valley 18
County: Yavapai
Tax Parcel: 103-36-102

General Property Description

Lot #: 4924
Aprx Acres: 0.19
Aprx SqFt: 2022
Source of Measuremnt: County Assessor
Buildings: Yes
Stories: Yes
Year Built: 1994
Management: Mgmt Company
Lease Expires: 2027-03-18
HOA Y/N: No
Solar Y/N: No
Baths - Full: 2
More than 5 Units: No

Tax Info

Taxes: 2186
Tax Year: 2026

Status Change Info

Contingent Remarks: Accepted Offer - Take Backups

Unit 1

Unit ID: A
# BR: 2
# BA: 2
SqFt: 1011
Tenant Utilities: All
Rent $: 1545

Unit 2

Unit ID: B
# BR: 2
# BA: 2
SqFt: 1011
Tenant Utilities: All
Rent $: 1650

More Information

Property Features

Building Type: Duplex Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Refriger; Gas Pack External Amenities: Fence; Landscaped; Separate Storage Flooring: Laminate; Tile Heating: Forced - Gas; Gas Pack Owner Pays: None Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car; Attached; Garage Unit 1 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection Unit 2 Parking: 1 Car; Attached; Garage Unit 2 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Refrigerator; W/D Connection

Listing Office: Rent Right and Home Right

Last Updated: September - 27 - 2026

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