Four-Unit Apartment
2004 Pasadena Avenue, Kingman, AZ 86401
New
Well-maintained fourplex with occupied two-story units, private outdoor space, and off-street parking.
Type:Multifamily
Property size:
7,436 SFPrice / SF:
$87/SF- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 25 at 8:33 pm
Property Features for 2004 Pasadena Avenue
General Information
- Standard status
- Active
- Size
- 7,436 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1983
Listing office Kingman Premier Properties
Listing date Jun 22, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kingman Premier Properties
HighLights
- Well‑maintained 4‑unit multifamily property built in 1983
- All four two‑story units are occupied with tenants in place
- Each unit offers 2 bedrooms, 1.5 bathrooms, and a fireplace
- Units include a private balcony and a small fenced yard
- Each unit has an in‑unit washer and dryer area and two sliding glass doors
- Large designated off‑street parking area with ample space for residents and guests
Overview
This well-maintained four-unit multifamily property features four two-story units, each offering two bedrooms and 1.5 bathrooms. Units include a fireplace, a private balcony, and an in-unit washer and dryer area. Sliding glass doors in each unit help bring in natural light, and each unit also has access to a small fenced yard. The property includes a large designated off-street parking area sized for both residents and guests.
The building is located in a convenient Kingman area near Historic Route 66, Kingman Regional Medical Center, and local shopping and dining. It is also near a fire station and offers easy access to major roads and nearby services within an established residential setting.
For buyers seeking a turn-key income property with tenants already in place, this fourplex presents an on-site operating setup with consistent unit amenities across all four units, including private outdoor space and in-unit laundry area. With ample off-street parking, the property can support everyday resident and guest access, and showings are available by appointment only with tenants not to be disturbed.
The building is located in a convenient Kingman area near Historic Route 66, Kingman Regional Medical Center, and local shopping and dining. It is also near a fire station and offers easy access to major roads and nearby services within an established residential setting.
For buyers seeking a turn-key income property with tenants already in place, this fourplex presents an on-site operating setup with consistent unit amenities across all four units, including private outdoor space and in-unit laundry area. With ample off-street parking, the property can support everyday resident and guest access, and showings are available by appointment only with tenants not to be disturbed.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.8k | $11.40 |
| − Vacancy | −$5.5k | −$0.74 |
| EGI | $79.3k | $10.66 |
| − OpEx | −$23.8k | −$3.20 |
| NOI | $55.5k | $7.46 |
7,436 SF · lease $11.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$792.6K
$693.5K – $924.7K
NOI $55,482 @ 7.0% cap · market cap 8.54%
Second Best
Apartment 5plus
$739.7K
$647.2K – $863.0K
NOI $51,779 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,216 @ 7.0% cap · market cap 17.88%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Russo~Design~Write
Tutoring Service
dw businesses com
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Kingman
- County
- Mohave
- State
- Arizona
- Longitude
- -114.031029
- Latitude
- 35.202895
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with occupied two-story units, private outdoor space, and off-street parking.
Where is this quadplex located?
The property is located at 2004 Pasadena Avenue Kingman, AZ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit multifamily property built in 1983; All four two‑story units are occupied with tenants in place; Each unit offers 2 bedrooms, 1.5 bathrooms, and a fireplace
