Three-Bedroom Duplex with
For Sale
$330,000
2881 E Show Low Lake Rd, Show Low, AZ 85901
A combined living and dining area, three bathrooms, and on-site garage provide practical residential features.
Property Size1,472 SF
Price / SF$224.18
Days on Market8
Property Features for 2881 E Show Low Lake Rd
General Information
Standard status
Active
Size
1,472 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
garage
Building Details
Year Built
1988
Listing Agency:
Realty Executives Arizona Territory - Show Low
Listed By:
Nicole Van Den Bosch · License #SA657340000
(928) 369-8963
Source:
Wmazrealestate
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 14 at 11:39PM
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 Realty Executives Arizona Territory - Show Low
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Investment Insights
Based on property information with market context.
This duplex in Show Low has three bedrooms and three bathrooms, with an open living and dining area. Natural light enters the interior, and a garage provides parking and storage. The property was built in 1988.
The address is 2881 E Show Low Lake Rd. Show Low Lake and nearby hiking trails are within walking distance; the hospital, shopping, and dining are also nearby.
The address is 2881 E Show Low Lake Rd. Show Low Lake and nearby hiking trails are within walking distance; the hospital, shopping, and dining are also nearby.
Key Highlights
- Three bedrooms and three bathrooms
- Open living and dining area with natural light
- Garage offers parking and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,654
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,080
$233.1K
Cap Rate 7%
$166,486
$166.5K
Cap Rate 9%
$129,489
$129.5K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$18.0K $12.24/SF
− Vacancy
−$1.4K −$0.93/SF
EGI
$16.6K $11.31/SF
− OpEx
−$5.0K −$3.39/SF
NOI
$11.7K $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%
$233,080
Cap Rate 7%
$166,486
Cap Rate 9%
$129,489
Alternative Uses
Best Use
Multifamily LT 5
$166.5K
$145.7K – $194.2K
NOI $11,654 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$148.1K
$129.6K – $172.8K
NOI $10,368 @ 7.0% cap · market cap 3.14%
Theoretical Best
Specialty Retail
$400.0K
$350.0K – $466.7K
NOI $28,001 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 85901, AZ
18,701
Population
12,437
Households
1.5
Avg Household Size
49
Median Age
26%
College-Educated
94%
High-School Grad
263.1 sq mi
ZIP Area
71
Density / Sq Mi
$60,313
Median Household Income
$37,466
Median Earnings
$1,009
Median Rent
$256,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A combined living and dining area, three bathrooms, and on-site garage provide practical residential features.
Where is this duplex located?
The property is located at 2881 E Show Low Lake Rd Show Low, AZ.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Three bedrooms and three bathrooms; Open living and dining area with natural light; Garage offers parking and storage
