Duplex with Enclosed
For Sale
$399,000
2991 Talley Dr, Lake Havasu City, AZ 86404
Two residential units offer separate layouts and private enclosed garage parking in Lake Havasu City.
Property Size1,890 SF
Price / SF$211.11
Days on Market62
Property Features for 2991 Talley Dr
General Information
Standard status
Active
Size
1,890 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1970
Listing Agency:
Realty Executives AZ Territory 6444
Listed By:
Misty Rich
(520) 207-0903
Source:
Havasurealty
Added: Aug 16
Changed: Sep 5
Last Checked: Oct 7 at 5:20PM
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 AZ Territory 6444
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,890-square-foot duplex, built in 1970, contains two separate residential units. The larger unit offers 3 bedrooms and 2 bathrooms, while the second includes 2 bedrooms and 1 bathroom. Each unit has its own enclosed 1-car garage, providing dedicated parking and storage. The property sits on a large lot at 2991 Talley Dr in Lake Havasu City, Arizona.
Key Highlights
- Two‑unit duplex with 1,890 square feet
- Unit mix includes 3BED/2BATH and 2BED/1BATH layouts
- Each unit includes its own enclosed 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,102
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,040
$282.0K
Cap Rate 7%
$201,457
$201.5K
Cap Rate 9%
$156,689
$156.7K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$21.5K $11.40/SF
− Vacancy
−$1.4K −$0.74/SF
EGI
$20.1K $10.66/SF
− OpEx
−$6.0K −$3.20/SF
NOI
$14.1K $7.46/SF
Area
Mohave County, AZ
Vacancy
6.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,040
Cap Rate 7%
$201,457
Cap Rate 9%
$156,689
Alternative Uses
Best Use
Multifamily LT 5
$201.5K
$176.3K – $235.0K
NOI $14,102 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$188.0K
$164.5K – $219.4K
NOI $13,161 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$422.0K
$369.2K – $492.3K
NOI $29,538 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Explore this area
Business Placement
Demographics for 86404, AZ
18,312
Population
11,503
Households
1.6
Avg Household Size
59
Median Age
19%
College-Educated
93%
High-School Grad
161.8 sq mi
ZIP Area
113
Density / Sq Mi
$67,528
Median Household Income
$37,160
Median Earnings
$1,352
Median Rent
$421,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate layouts and private enclosed garage parking in Lake Havasu City.
Where is this duplex located?
The property is located at 2991 Talley Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,890 square feet; Unit mix includes 3BED/2BATH and 2BED/1BATH layouts; Each unit includes its own enclosed 1‑car garage
