Two-Unit Duplex with
New
For Sale
$635,000
425 Hummingbird Dr, Lake Havasu City, AZ 86403
Both residences offer three-bedroom, two-bath layouts and individual two-car garages.
Property Size2,748 SF
Price / SF$231.08
Days on Market3
Property Features for 425 Hummingbird Dr
General Information
Standard status
Active
Size
2,748 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2003
Buildings
1
Listing Agency:
Keller Williams Arizona Living Realty
Listed By:
Tim Thompson · License #tthompson
(928) 486-4735
Source:
Havasuazliving
Added: Oct 4
Last Checked: Oct 5 at 3:54PM
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.
Built in 2003, this duplex contains two residences with a combined 2,748 square feet. Each unit has three bedrooms, two bathrooms, and an individual two-car garage. A tile roof serves the building.
The property is in Lake Havasu City, with shopping, dining, and everyday services described as nearby.
The property is in Lake Havasu City, with shopping, dining, and everyday services described as nearby.
Key Highlights
- Two‑unit duplex with 2,748 square feet
- Each residence has 3 bedrooms and 2 bathrooms
- Individual 2‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,504
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,080
$410.1K
Cap Rate 7%
$292,914
$292.9K
Cap Rate 9%
$227,822
$227.8K
Market Conditions
NOI Build-Up for 2,748 SF
Gross rent
$31.3K $11.40/SF
− Vacancy
−$2.0K −$0.74/SF
EGI
$29.3K $10.66/SF
− OpEx
−$8.8K −$3.20/SF
NOI
$20.5K $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%
$410,080
Cap Rate 7%
$292,914
Cap Rate 9%
$227,822
Alternative Uses
Best Use
Multifamily LT 5
$292.9K
$256.3K – $341.7K
NOI $20,504 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$273.4K
$239.2K – $318.9K
NOI $19,135 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$613.5K
$536.9K – $715.8K
NOI $42,948 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 86403, AZ
17,787
Population
11,604
Households
1.5
Avg Household Size
53
Median Age
18%
College-Educated
89%
High-School Grad
11.0 sq mi
ZIP Area
1,617
Density / Sq Mi
$57,531
Median Household Income
$33,368
Median Earnings
$1,152
Median Rent
$313,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three-bedroom, two-bath layouts and individual two-car garages.
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 $635,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,748 square feet; Each residence has 3 bedrooms and 2 bathrooms; Individual 2‑car garage for each unit
