Duplex with Oversized
425 Hummingbird Dr Lake Havasu City, AZ 86403
New
425 Hummingbird Dr, Lake Havasu City, AZ, 86403
$647,000
For Sale
$647,000
Duplex with two 3-bedroom, 2-bath units, each featuring an oversized two-car garage and a durable tile roof.
Property Size2,748 SF
Price / SF$235.44
Days on Market3
Property Features for 425 Hummingbird Dr
General Information
- Standard status
- Active
- Size
- 2,748 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2003
Listing agency
Keller Williams Arizona Living Realty
(928) 486-4735
Listed by
Tim Thompson · License #SA650430000
Source
Sellinghavasu
Added: Jul 21 Updated: Jul 22 at 9:51AM Checked: Jul 23 at 5:20AM
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 Keller Williams Arizona Living Realty
Investment Insights
Based on property information with market context.
This duplex offers two matching residential units, each laid out with three bedrooms and two bathrooms. The interior configuration includes a functional, open layout with generous living spaces. Outside, each unit has an oversized two-car garage for vehicle parking and storage, and the property is topped with a durable tile roof.
The property is positioned in a central location with convenience to shopping, dining, and everyday amenities. The owner pays no utilities.
Overall, the asset is designed around private, garage-equipped living units within a single duplex structure, with a building exterior anchored by a tile roof.
The property is positioned in a central location with convenience to shopping, dining, and everyday amenities. The owner pays no utilities.
Overall, the asset is designed around private, garage-equipped living units within a single duplex structure, with a building exterior anchored by a tile roof.
Key Highlights
- Duplex built in 2003 with two 3‑bedroom, 2‑bath units
- Each unit includes an oversized 2‑car garage for parking and storage
- Durable tile roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $11.40 |
| − Vacancy | −$2.0k | −$0.74 |
| EGI | $29.3k | $10.66 |
| − OpEx | −$8.8k | −$3.20 |
| NOI | $20.5k | $7.46 |
2,748 SF · lease $11.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.9K
$256.3K – $341.7K
NOI $20,504 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$273.4K
$239.2K – $318.9K
NOI $19,135 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$613.5K
$536.9K – $715.8K
NOI $42,948 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two 3-bedroom, 2-bath units, each featuring an oversized two-car garage and a durable tile roof.
Where is this duplex located?
The property is located at 425 Hummingbird Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $647,000.
What are key features of this property?
This property features: Duplex built in 2003 with two 3‑bedroom, 2‑bath units; Each unit includes an oversized 2‑car garage for parking and storage; Durable tile roof