Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    2146 Riviera Boulevard Bullhead City, AZ 86442

    View on Map
    Claim this Listing
    For Sale
    $525,000

    MULTI_FAMILY - Bullhead City, AZ

    Lot size:
    0.19 Acres
    Added:
    Feb 12, 2026
    Days on Market:
    79
    Last Refresh:
    May 2 at 7:06 pm

    Property Features for 2146 Riviera Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    218-12-016
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    RIVIERA MOBILE GARDENS UNIT 2 LOT 435
    Tax Annual Amount
    1490

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Electric, Heat Pump
    Water source
    Public

    Building Details

    Year built
    1983
    Flooring type
    Carpet
    Building materials
    Stucco, WoodFrame
    Roof type
    Tile

    We can help!

    Listing Contact
    Jessica Topol
    Jessica Topol

    Listing agent Jessica Topol License #SA666220000

    Listing office Sondgeroth Real Estate Group, LLC 2031 Highway 95, Mojave, AZ

    Listing date Feb 12, 2026

    MLS# 036230 Listing URL

    Copyright © 2026 Western Arizona Realtors Data Exchange. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Fourplex Near Colorado River

    Located at 2146 Riviera Blvd in Bullhead City, Arizona, this well-maintained fourplex is situated minutes from Rotary Park, the Colorado River, and local boat launch access. The property features four 2-bedroom, 1-bathroom units, all currently occupied on a month-to-month basis. Units 1, 3, and 4 rent for $900 per month, while Unit 2 rents for $950 per month. Three of the four units have completed interior remodels, with one unit remaining in original condition. The property has a two-story layout with two units downstairs and two upstairs, a shared front patio area, and a free-for-all parking structure. The owner replaced all HVAC units, upgraded the electrical with separately metered power and a newer electrical panel, and maintained the roof. Tenants pay for electric, while the owner covers water, sewer, and trash. The property sits on 0.19 acres of owned land. The tenant base is stable and long term, with three single occupants and one family unit. No pets are allowed except for service animals. This stabilized multifamily asset offers immediate cash flow and future rent growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bullhead City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.625298
    Latitude
    35.096737

    Nearby Similar for Sale

    • $360,000
      11,660 SF

      Luxury Garage Condominium Units

      Private, secure storage near Colorado River and Route 66.
      405 Lee Avenue, Outside Area (Outside Ca), AZ 86429
      View Details
    • $350,000
      3,008 SF

      Commercial Building in High Traffic Area

      Established auto shop in high-traffic Bullhead City location.
      1591 Ramar Rd, Bullhead City, AZ, USA, AZ 86442
      View Details
    • $515,000

      Bullhead City Fourplex Investment

      Fully occupied fourplex in Bullhead City, Arizona, near Colorado River.
      793 Baseline Road, Bullhead City, AZ 86442
      View Details
    • $80,000

      RV Lot in Active Community

      Large RV lot with full hookups and community amenities.
      2331 Cortez Lane, Bullhead City, AZ 86442
      View Details
    • $829,000

      Bullhead City Multifamily Investment Property

      Multifamily property with river views near Laughlin and Lake Mohave.
      2394 N MOHAVE RIDGE Avenue, Bullhead City, AZ 86429
      View Details
    • $89,900

      Riverview Resort Lot with RV

      Lot in 55+ community with RV, near Colorado River.
      2000 Ramar Rd, Bullhead City, AZ 86442
      View Details
    • $369,000

      Charming Duplex in Bullhead City

      Well-maintained duplex with income potential in a prime location.
      362 Riverfront Drive, Bullhead City, AZ 86442
      View Details
    • $72,500

      Premium RV Lot in 55+ Resort

      RV lot in Vista Del Sol resort community, Bullhead City.
      2330 Cortez Lane, Bullhead City, AZ 86442
      View Details
    • $1,200,000

      Fourplex in Bullhead City, Arizona

      Four units with garages near the Colorado River.
      1666 Palma Road, Bullhead City, AZ 86442
      View Details
    • $80,000

      Vista Del Sol RV Lot

      RV lot in 55+ gated community with resort amenities.
      2342 Cortez Lane, Bullhead City, AZ 86442
      View Details
    • $549,000

      Retail Space with Drive-Through

      Freestanding retail space with drive-through, highway access, high traffic.
      2179 Az-95, Bullhead City, AZ 86442
      View Details
    • $79,000

      Oversized Corner RV Lot

      Rare, private RV lot with upgrades in gated resort.
      2000 Ramar Road, Bullhead City, AZ 86442
      View Details

    FAQs

    What type of property is this?
    Quadplex - Fourplex in Bullhead City near the Colorado River.
    Where is this quadplex located?
    The property is located at 2146 Riviera Boulevard Bullhead City, AZ.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Immediate income generation with all four units currently occupied.; Significant rent upside potential due to below‑market rents.; Recent upgrades including new HVAC units and electrical system with separately metered power.
    (928) 234-5616
    We can help!
    Listing Contact
    Jessica Topol
    Jessica Topol
    Real Estate License ID: SA666220000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2146 Riviera Boulevard, Bullhead City, AZ 86442

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!