Duplex with Attached
New
For Sale
$520,000
3080 Caliente Dr, Lake Havasu City, AZ 86404
Multi-Family, Lake Havasu City, AZ
Property Size1,999 SF
Lot Size0.23 Acres
Price / SF$260.13
Days on Market4
Property Features for 3080 Caliente Dr
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
L-R-2 Two-Family Residential
Bedrooms
4
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
Subdivision
Lake Havasu City
Directions
Caliente Dr near Leawood Drive
Standard status
Active
APN
112-12-241
Size
1,999 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TRACT: 2228 LAKE HAVASU CITY TR 2228 BLK 8 LOT 9
Tax Annual Amount
1197
Legal Description
TRACT: 2228 LAKE HAVASU CITY TR 2228 BLK 8 LOT 9
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Electric
Water source
Public
Amenities
fenced backyard
private patio
Building Details
Year built
2000
Number of units
2
Flooring type
Tile, Laminate, Carpet
Building materials
Wood Frame, Stucco
Roof type
Shingle
Listing Agency:
Coldwell Banker Realty
(928) 302-6177
Listed By:
Sunstone Real Estate Group
(928) 302-6177
Added: Aug 18
Changed: Aug 20
Last Checked: Aug 21 at 3:06AM
MLS# 1042091
Copyright © 2026 Lake Havasu 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 1,999-square-foot duplex contains two residences, each with 2 bedrooms, 2 bathrooms, a 2-car garage, fenced backyard, and private patio. Unit 102 is vacant and ready for occupancy, while both units feature newer window and slider glass. The property was built in 2000 on a 0.23-acre lot and uses wood-frame and stucco construction with tile, laminate, and carpet flooring.
Located at 3080 Caliente Dr in Lake Havasu City, the property includes level driveways, public water, public sewer, shingle roofing, heat-pump heating, and electric cooling. The units are described as being in very nice condition with no deferred maintenance. The duplex supports owner-occupancy with rental income from the other residence or continued use as a two-unit investment property.
Located at 3080 Caliente Dr in Lake Havasu City, the property includes level driveways, public water, public sewer, shingle roofing, heat-pump heating, and electric cooling. The units are described as being in very nice condition with no deferred maintenance. The duplex supports owner-occupancy with rental income from the other residence or continued use as a two-unit investment property.
Key Highlights
- Two‑unit duplex with 1,999 square feet on a 0.23‑acre lot
- Each unit includes 2 bedrooms, 2 bathrooms, and a 2‑car garage
- Unit 102 is vacant and ready for immediate occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,915
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,300
$298.3K
Cap Rate 7%
$213,071
$213.1K
Cap Rate 9%
$165,722
$165.7K
Market Conditions
NOI Build-Up for 1,999 SF
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.
Gross rent
$22.8K $11.40/SF
− Vacancy
−$1.5K −$0.74/SF
EGI
$21.3K $10.66/SF
− OpEx
−$6.4K −$3.20/SF
NOI
$14.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,300
Cap Rate 7%
$213,071
Cap Rate 9%
$165,722
Alternative Uses
Best Use
Multifamily LT 5
$213.1K
$186.4K – $248.6K
NOI $14,915 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$198.9K
$174.0K – $232.0K
NOI $13,920 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$446.3K
$390.5K – $520.7K
NOI $31,242 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
103
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes private outdoor space, fenced yards, and garage parking.
Where is this duplex located?
The property is located at 3080 Caliente Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,999 square feet on a 0.23‑acre lot; Each unit includes 2 bedrooms, 2 bathrooms, and a 2‑car garage; Unit 102 is vacant and ready for immediate occupancy
