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Townhome-Style Quadplex
For Sale
$775,000

2394 N MOHAVE RIDGE Avenue, Bullhead City, AZ 86429

MULTI_FAMILY - Bullhead City, AZ

Property Size4,573 SF
Lot Size0.18 Acres
Price / SF$169.47
Days on Market117

Property Features for 2394 N MOHAVE RIDGE Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description R2 District Res: Multiple Family
Exterior features SprinklerIrrigation
Subdivision Sunridge Estates
View River, Mountains
Directions MCCORMICK RIGHT ON PHYLLIS LEFT ON MOHAVE RIDGE
Standard status Active
APN 347-17-051
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description TRACT: 5049 THE VINEYARD AT SUN RIDGE BLK 4 LOT 5 CONT 7943 SQ FT
Tax Annual Amount 2680
Legal Description TRACT: 5049 THE VINEYARD AT SUN RIDGE BLK 4 LOT 5 CONT 7943 SQ FT

Utilities

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

Building Details

Year built 1993
Number of units 4
Flooring type Tile, Carpet
Building materials Stucco
Roof type Tile
Listing Agency: Sun River Properties
Listed By: Sherri Teafatiller · License #BR515182000
Added: Apr 6 Changed: Jul 28 Last Checked: Jul 31 at 7:06PM
MLS# 037973

Copyright © 2026 Momentum MLS. 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 for-sale multifamily property is set up like townhouse living in a quadplex configuration, with 4573 square feet of building area. Unit #2 is currently tenant occupied, while the owner has three units vacant. Each unit includes a two-car detached garage and laundry hookups, along with fenced backyards. One three-bedroom unit features a balcony off the primary bedroom.

The two-bedroom, two-bath units are configured with dual masters and include a half bath for guests, along with a bar/coffee bar area. Public remarks also note views of the river, mountains, and Laughlin casinos from all units.

Located at 2394 N Mohave Ridge Avenue in Bullhead City, Arizona, the property is described as close to Laughlin NV night live and Lake Mohave, about 90 miles from Las Vegas.

Key Highlights

  • 4573 sq ft building set up like townhouse living; unit #2 is tenant occupied while the owner has 3 units vacant for personal use
  • All units have spectacular views of the river, mountains, and Laughlin casinos
  • Each unit includes a 2‑car detached garage, laundry hook‑ups, and fenced backyard space

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 $52.1k $11.40
− Vacancy −$3.4k −$0.74
EGI $48.7k $10.66
− OpEx −$14.6k −$3.20
NOI $34.1k $7.46
4,573 SF · lease $11.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$487.4K
$426.5K – $568.7K (±1% cap)
NOI $34,121 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$454.9K
$398.0K – $530.7K (±1% cap)
NOI $31,843 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.02M
$893.4K – $1.19M (±1% cap)
NOI $71,471 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Bakery Pharmacy Nail Salon

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

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 86429, AZ

7,708
Population
5,509
Households
1.4
Avg Household Size
61
Median Age
17%
College-Educated
89%
High-School Grad
274.8 sq mi
ZIP Area
28
Density / Sq Mi
$53,113
Median Household Income
$33,929
Median Earnings
$1,076
Median Rent
$319,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Multi-family building configured for townhouse-style living with tenant-occupied Unit #2 and detached 2-car garages.
Where is this quadplex located?
The property is located at 2394 N MOHAVE RIDGE Avenue Bullhead City, AZ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4573 sq ft building set up like townhouse living; unit #2 is tenant occupied while the owner has 3 units vacant for personal use; All units have spectacular views of the river, mountains, and Laughlin casinos; Each unit includes a 2‑car detached garage, laundry hook‑ups, and fenced backyard space
More about this property
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