2004 Pasadena Avenue Kingman, AZ 86401
Well-maintained fourplex with occupied two-story units, private outdoor space, and off-street parking.
- Added:
- Jun 22, 2026
- Days on Market:
- 19
- 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
Investment Insights
Based on property information with market context.
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.
Key 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
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 |
