10-Unit Apartment
For Sale
$919,000
301 Copper Street, Kingman, AZ 86401
CommercialSale, Kingman, AZ
Property Size7,436 SF
Lot Size0.32 Acres
Price / SF$123.59
Days on Market216
Property Features for 301 Copper Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
K- R1-6 Res: Sing Fam 6000sqft
Parking
13
Interior features
Storage
Subdivision
Metcalfe Acres
Directions
Heading west on E Andy Devine Ave, turn right onto 1st St. Left onto Copper. The property is on the corner of Copper St. and Stockton Hill Ave.
Standard status
Active
APN
304-08-051
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
METCALFE ADD BLK 10 LOT 1 & S 49' OF LOT 2 SEC 23 21N 17W
Tax Annual Amount
2538
Legal Description
METCALFE ADD BLK 10 LOT 1 & S 49' OF LOT 2 SEC 23 21N 17W
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
outdoor courtyard
barbecue area
shade tree
private laundry area with coin-operated washers and dryers
Building Details
Year built
1980
Floors in Building
2
Number of units
10
Roof type
Membrane
Additional Structures
Storage
Listing Agency:
Turner Hill Properties
(928) 715-6333
Listed By:
Chanel Turner · License #BR687800000
(928) 530-1158
Added: Mar 4
Changed: Sep 30
Last Checked: Oct 6 at 7:06PM
MLS# 036932
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 two-story apartment property contains 10 units and 7,436 square feet of improvements on a 0.32-acre lot. Built in 1980, the building includes five apartments on each level, with every unit configured as two bedrooms and one bathroom. Interior features include eat-in kitchens, sizable living rooms, large windows, and storage. A courtyard with a barbecue area and shade tree provides shared outdoor space, while coin-operated laundry facilities serve residents. The roof has been replaced and the parking lot repaved.
Nine of the 10 apartments are occupied. The property is located at 301 Copper Street in downtown Kingman, a few blocks from restaurants, breweries, and local shops, and approximately three minutes from Interstate 40. Public water and public sewer serve the site. Views extend toward the Hualapai Mountains and nearby desert buttes.
Nine of the 10 apartments are occupied. The property is located at 301 Copper Street in downtown Kingman, a few blocks from restaurants, breweries, and local shops, and approximately three minutes from Interstate 40. Public water and public sewer serve the site. Views extend toward the Hualapai Mountains and nearby desert buttes.
Key Highlights
- 10‑unit apartment property with 7,436 square feet of improvements
- All apartments feature a two‑bedroom, one‑bath layout; five units are on each floor
- Nine of 10 units are occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,779
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,580
$1.0M
Cap Rate 7%
$739,700
$739.7K
Cap Rate 9%
$575,322
$575.3K
Market Conditions
NOI Build-Up for 7,436 SF
Gross rent
$99.9K $13.44/SF
− Vacancy
−$5.8K −$0.78/SF
EGI
$94.1K $12.66/SF
− OpEx
−$42.4K −$5.70/SF
NOI
$51.8K $6.96/SF
Area
Mohave County, AZ
Vacancy
5.80%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,580
Cap Rate 7%
$739,700
Cap Rate 9%
$575,322
Alternative Uses
Best Use
Apartment 5plus
$739.7K
$647.2K – $863.0K
NOI $51,779 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,216 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
10
Residential units
90%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
Demographics for 86401, AZ
27,684
Population
13,662
Households
2
Avg Household Size
48
Median Age
18%
College-Educated
92%
High-School Grad
1,226.3 sq mi
ZIP Area
23
Density / Sq Mi
$64,087
Median Household Income
$40,678
Median Earnings
$1,045
Median Rent
$247,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story multifamily property with consistent two-bedroom layouts, shared laundry, and an outdoor courtyard.
Where is this apartment building located?
The property is located at 301 Copper Street Kingman, AZ.
What is the asking price?
The asking price for this property is $919,000.
What are key features of this property?
This property features: 10‑unit apartment property with 7,436 square feet of improvements; All apartments feature a two‑bedroom, one‑bath layout; five units are on each floor; Nine of 10 units are occupied
