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Duplex with Two 2-Car Garages
For Sale
$564,000

3315 Arapaho Dr, Lake Havasu City, AZ 86406

MULTI_FAMILY - Lake Havasu City, AZ

Property Size1,988 SF
Lot Size0.28 Acres
Price / SF$283.70
Days on Market42

Property Features for 3315 Arapaho Dr

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description L-R-2 Two-Family Residential
Bedrooms 4
Rooms Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4
Parking features Oversize
Subdivision Lake Havasu City
Lot features Backs to a Wash, Backs to a Wash
Directions From Hwy 95, take Oro Grande North. Turn left on Thunderbolt Ave. Right on Arapaho Drive.
Standard status Active
APN 114-09-024
Size 1,988 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TRACT: 2256 LAKE HAVASU CITY TR 2256 BLK 3 LOT 6 SECS 17, 18, & 1 9
Tax Annual Amount 1190
Legal Description TRACT: 2256 LAKE HAVASU CITY TR 2256 BLK 3 LOT 6 SECS 17, 18, & 1 9

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2003
Number of units 2
Flooring type Carpet, Tile
Building materials Wood Frame, Stucco
Roof type Shingle
Listing Agency: Coldwell Banker Realty
Listed By: Renee Rojas · License #SA712604000
Added: Jul 1 Changed: Aug 3 Last Checked: Aug 11 at 12:06AM
MLS# 1041496

Copyright © 2026 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained duplex offers two separate units, each laid out with 2 bedrooms and 2 bathrooms. Each unit also includes a 2-car garage, along with level driveways and side parking that can accommodate additional vehicles and storage needs. The property is set on a 0.28-acre lot with approximately 1,988 square feet total.

Located on the south side of Lake Havasu City, the home is described as being just minutes from shopping, dining, and everyday conveniences. The arrangement of driveways and side parking supports practical, day-to-day access for residents and guests.

Designed for flexible living and ownership, this duplex can support an investor strategy of renting both units or an owner-occupant approach by living in one unit while generating rental income from the other. The functional parking layout, matched unit configurations, and straightforward duplex design make it a workable fit for buyers looking for an income-producing residential property with manageable complexity.

Key Highlights

  • 2003‑built duplex with two units, each with 2 bedrooms and 2 bathrooms
  • Each unit includes a 2‑car garage plus level driveways and side parking
  • Central heating and central air conditioning, with electric heating and cooling

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 86406, AZ

24,935
Population
14,846
Households
1.7
Avg Household Size
57
Median Age
19%
College-Educated
94%
High-School Grad
244.5 sq mi
ZIP Area
102
Density / Sq Mi
$74,171
Median Household Income
$45,457
Median Earnings
$1,311
Median Rent
$434,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 2-bath units and side parking for vehicles and recreational gear.
Where is this duplex located?
The property is located at 3315 Arapaho Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $564,000.
What are key features of this property?
This property features: 2003‑built duplex with two units, each with 2 bedrooms and 2 bathrooms; Each unit includes a 2‑car garage plus level driveways and side parking; Central heating and central air conditioning, with electric heating and cooling
More about this property
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