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Three-Bedroom Duplex with Garages
For Sale
$524,900
Pending

3089 Sombrero Dr, Lake Havasu City, AZ 86404

Multi-Family, Lake Havasu City, AZ

Property Size2,085 SF
Lot Size0.28 Acres
Days on Market94

Property Features for 3089 Sombrero Dr

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description L-R-4 R4 Multiple Family Residential
Bedrooms 6
Rooms Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3
Subdivision Lake Havasu City
Directions Palo Verde Blvd S to Meadows Dr to Sombrero.
Standard status Pending
APN 112-12-143
Size 2,085 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TRACT: 2228 LAKE HAVASU CITY TR 2228 BLK 5 LOT 20
Tax Annual Amount 1828
Legal Description TRACT: 2228 LAKE HAVASU CITY TR 2228 BLK 5 LOT 20

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Electric
Water source Public

Amenities

in-unit laundry

Building Details

Year built 2005
Number of units 2
Flooring type Tile, Carpet
Building materials Wood Frame, Stucco
Roof type Tile
Listing Agency: Coldwell Banker Realty
Listed By: Sunstone Real Estate Group
Added: Jul 29 Changed: Oct 15 Last Checked: Oct 30 at 7:06AM
MLS# 1041866

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2005, this duplex contains two three-bedroom, two-bathroom units totaling 2,085 square feet on a 0.28-acre lot. Both residences offer open living areas with vaulted ceilings, kitchens connected to the main living space, and laundry within attached two-car garages. Tile and carpet flooring are present, with electric cooling and heat pump and electric heating systems.

Unit 102 has received new carpet throughout and fresh floor-to-ceiling interior paint. Unit 101 is leased month-to-month. Each residence has separate water and electric meters, while tenants pay their own utilities. Public water and public sewer serve the property, which is located at 3089 Sombrero Dr in Lake Havasu City, Arizona.

Key Highlights

  • Two three‑bedroom, two‑bathroom units totaling 2,085 square feet
  • 0.28‑acre lot with a duplex built in 2005
  • Each unit includes an attached two‑car garage with laundry and storage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,557
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,140 $311.1K
Cap Rate 7%
$222,243 $222.2K
Cap Rate 9%
$172,856 $172.9K
Market Conditions
NOI Build-Up for 2,085 SF
Gross rent
$23.8K $11.40/SF
− Vacancy
−$1.5K −$0.74/SF
EGI
$22.2K $10.66/SF
− OpEx
−$6.7K −$3.20/SF
NOI
$15.6K $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%
$311,140
Cap Rate 7%
$222,243
Cap Rate 9%
$172,856

Alternative Uses

Best Use
Multifamily LT 5
$222.2K
$194.5K – $259.3K (±1% cap)
NOI $15,557 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$207.4K
$181.5K – $242.0K (±1% cap)
NOI $14,518 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$465.5K
$407.3K – $543.1K (±1% cap)
NOI $32,586 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature open living areas, vaulted ceilings, separate utility metering, and attached garages with laundry.
Where is this duplex located?
The property is located at 3089 Sombrero Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Two three‑bedroom, two‑bathroom units totaling 2,085 square feet; 0.28‑acre lot with a duplex built in 2005; Each unit includes an attached two‑car garage with laundry and storage space
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