Remodeled Duplex with Highway
1624 W White Mountain Boulevard, Lakeside, AZ 85929
For Sale
$419,850
Residential, Lakeside, AZ
Property Size2,375 SF
Lot Size0.20 Acres
Price / SF$176.78
Days on Market187
Property Features for 1624 W White Mountain Boulevard
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Frank M. Smith & Associates - Main
(928) 369-4000
Listed By:
Dean Nelson · License AZ SA108335000
(928) 521-0215
Added: May 8
Changed: Oct 25
Last Checked: Nov 10 at 7:06PM
MLS# 261048
Copyright © 2026 White Mountain 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.
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Investment Insights
Based on property information with market context.
This two-unit property contains 2,375 square feet on a 0.2-acre parcel. The wood-frame building was constructed in 1976 and remodeled in 2024, with four bedrooms and four bathrooms identified across the property. Linoleum flooring and a flat roof are among the documented building features.
Positioned on the corner of White Mountain Boulevard and Johnson in downtown Lakeside, the property has highway frontage. Zoning is designated R-3/C-1. The duplex configuration allows an owner to occupy one unit while leasing the other, or operate both units as rentals.
Positioned on the corner of White Mountain Boulevard and Johnson in downtown Lakeside, the property has highway frontage. Zoning is designated R-3/C-1. The duplex configuration allows an owner to occupy one unit while leasing the other, or operate both units as rentals.
Key Highlights
- 2,375‑square‑foot duplex on a 0.2‑acre parcel
- Remodeled in 2024
- Four bedrooms and four bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,802
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,040
$376.0K
Cap Rate 7%
$268,600
$268.6K
Cap Rate 9%
$208,911
$208.9K
Market Conditions
NOI Build-Up for 2,375 SF
Gross rent
$29.1K $12.24/SF
− Vacancy
−$2.2K −$0.93/SF
EGI
$26.9K $11.31/SF
− OpEx
−$8.1K −$3.39/SF
NOI
$18.8K $7.92/SF
Area
Navajo County, AZ
Vacancy
7.60%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,040
Cap Rate 7%
$268,600
Cap Rate 9%
$208,911
Alternative Uses
Best Use
Multifamily LT 5
$268.6K
$235.0K – $313.4K
NOI $18,802 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$239.0K
$209.1K – $278.8K
NOI $16,728 @ 7.0% cap · market cap 3.98%
Theoretical Best
Specialty Retail
$645.4K
$564.7K – $753.0K
NOI $45,178 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
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Business Placement
Demographics for 85929, AZ
8,040
Population
5,089
Households
1.6
Avg Household Size
51
Median Age
23%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
236
Density / Sq Mi
$56,837
Median Household Income
$36,535
Median Earnings
$1,117
Median Rent
$250,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Updated in 2024, the property offers two separate units for owner occupancy or rental use.
Where is this duplex located?
The property is located at 1624 W White Mountain Boulevard Lakeside, AZ.
What is the asking price?
The asking price for this property is $419,850.
What are key features of this property?
This property features: 2,375‑square‑foot duplex on a 0.2‑acre parcel; Remodeled in 2024; Four bedrooms and four bathrooms
