Duplex with
New
For Sale
$330,000
2881 E Show Low Lake Road, Show Low, AZ 85901
Residential, Show Low, AZ
Property Size1,472 SF
Lot Size0.20 Acres
Price / SF$224.18
Days on Market4
Property Features for 2881 E Show Low Lake Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Laundry Room, Bedroom 3, Bathroom 1, Dining Room, Bedroom 1, Bathroom 3
Window features
Skylight(s)
Patio and Porch features
Patio, Deck
Interior features
Master Downstairs, Vaulted Ceiling(s), Shower, Tub/Shower, Double Vanity, Kitchen/Dining Room Combo, Breakfast Bar
Fireplace
1
Appliances
Dishwasher
Subdivision
Pineglen Village
Lot features
Partly Fenced, Wooded, Tall Pines On Lot, Landscaped
Elementary school district
Show Low
Middle school district
Show Low
High school district
Show Low
Directions
From White Mountain Blvd, turn East onto Show Low Lake Rd. Drive appx 3/4 of a mile to sign on the Right.
Standard status
Active
APN
212-59-001
Size
1,472 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
PINEGLEN VILLAGE #1:LOT 1 PER REPLAT 16-49
Tax Annual Amount
1959
HOA Fee
$220 Annually
Legal Description
PINEGLEN VILLAGE #1:LOT 1 PER REPLAT 16-49
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1988
Flooring type
Vinyl, Carpet
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Realty Executives Arizona Territory - Show Low
(928) 537-1145
Listed By:
Jennifer Thomas · License #SA690578000
(928) 242-6607
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 9 at 10:06AM
MLS# 263406
Copyright © 2026 White Mountain Association of Realtors. 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 wood-frame duplex contains 1,472 square feet on a 0.2-acre lot. The three-bedroom, three-bath layout includes an open living and dining area, a kitchen with breakfast bar, vaulted ceiling, and a garage. A patio and deck provide outdoor space. Construction dates to 1988; the home has natural gas forced-air heating, window-unit cooling, and a fireplace.
Show Low Lake and hiking trails are within walking distance. The property is also near a hospital, shopping, and dining.
Show Low Lake and hiking trails are within walking distance. The property is also near a hospital, shopping, and dining.
Key Highlights
- 1,472 square feet on a 0.2‑acre lot
- Three bedrooms and three bathrooms
- Garage, patio, and deck
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.
Property Analytics
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom, three-bath layout pairs open living and dining space with a garage, patio, and deck.
Where is this duplex located?
The property is located at 2881 E Show Low Lake Road 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: 1,472 square feet on a 0.2‑acre lot; Three bedrooms and three bathrooms; Garage, patio, and deck
