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Three-Story Triplex
New
For Sale
$238,000

410 N 3rd Ave, Holbrook, AZ 86025

Separate metering serves each of the three rental units.

Property Size1,592 SF
Price / SF$149.50
Days on Market3

Property Features for 410 N 3rd Ave

General Information

Standard status Active
Size 1,592 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1945
Stories 3
Tenancy Multi
Listing Agency: Torreon Realty
Listed By: Nicole Van Den Bosch · License #SA657340000
Source: Wmazrealestate
Added: Oct 4 Changed: Oct 6 Last Checked: Oct 5 at 6:41PM

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 Torreon Realty

Investment Insights

Based on property information with market context.

Built in 1945, this triplex has three stories, with one rental unit on each level. Each unit has separate metering, and the property is currently operating as a rental.

The property is located at 410 N 3rd Ave in Holbrook, Arizona.

Key Highlights

  • Three rental units, with one on each of three stories
  • Separate metering for each unit
  • Built in 1945

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,604
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,080 $252.1K
Cap Rate 7%
$180,057 $180.1K
Cap Rate 9%
$140,044 $140.0K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$19.5K $12.24/SF
− Vacancy
−$1.5K −$0.93/SF
EGI
$18.0K $11.31/SF
− OpEx
−$5.4K −$3.39/SF
NOI
$12.6K $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%
$252,080
Cap Rate 7%
$180,057
Cap Rate 9%
$140,044

Alternative Uses

Best Use
Multifamily LT 5
$180.1K
$157.6K – $210.1K (±1% cap)
NOI $12,604 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$160.2K
$140.2K – $186.9K (±1% cap)
NOI $11,213 @ 7.0% cap · market cap 4.71%
Theoretical Best
Specialty Retail
$432.6K
$378.5K – $504.7K (±1% cap)
NOI $30,283 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Locksmith Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 86025, AZ

5,358
Population
1,921
Households
2.8
Avg Household Size
37
Median Age
13%
College-Educated
88%
High-School Grad
737.1 sq mi
ZIP Area
7
Density / Sq Mi
$64,167
Median Household Income
$40,913
Median Earnings
$940
Median Rent
$144,600
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
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Frequently Asked Questions

What type of property is this?
Triplex - Separate metering serves each of the three rental units.
Where is this triplex located?
The property is located at 410 N 3rd Ave Holbrook, AZ.
What is the asking price?
The asking price for this property is $238,000.
What are key features of this property?
This property features: Three rental units, with one on each of three stories; Separate metering for each unit; Built in 1945
More about this property
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