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Duplex with Oversized Garages
New
For Sale
$635,000

425 Hummingbird Dr, Lake Havasu City, AZ 86403

Multi-Family, Lake Havasu City, AZ

Property Size2,748 SF
Lot Size0.33 Acres
Price / SF$231.08
Days on Market7

Property Features for 425 Hummingbird Dr

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description L-R-3 Limited-Multiple Family Res
Bedrooms 6
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1
Subdivision Lake Havasu City
Directions South Palo Verde to Hummingbird.
Standard status Active
APN 106-08-075
Size 2,748 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TRACT: 132 LAKE HAVASU CITY POR SEC 1 & 2 BLK 9 LOT 2
Tax Annual Amount 2260
Legal Description TRACT: 132 LAKE HAVASU CITY POR SEC 1 & 2 BLK 9 LOT 2

Utilities

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

Building Details

Year built 2003
Number of units 2
Flooring type Tile, Carpet
Building materials Wood Frame, Stucco
Roof type Tile
Listing Agency: Keller Williams Arizona Living Realty · Keller Williams Realty
Listed By: Tim Thompson · License #SA650430000
Added: Sep 30 Changed: Oct 2 Last Checked: Oct 6 at 8:06AM
MLS# 1042764

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.

Built in 2003, this duplex contains 2,748 square feet across two units, each configured with three bedrooms and two bathrooms. Both units have an open layout and an oversized two-car garage. Tile and carpet flooring, central heating, and central air conditioning serve the property; the roof is tile.

The property occupies a 0.33-acre lot in Lake Havasu City. Public water and public sewer serve the site.

Key Highlights

  • Two units, each with 3 bedrooms and 2 bathrooms
  • 2,748 square feet on a 0.33‑acre lot
  • Oversized 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 (±1% cap)
NOI $20,504 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$273.4K
$239.2K – $318.9K (±1% cap)
NOI $19,135 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$613.5K
$536.9K – $715.8K (±1% cap)
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

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Nail Salon

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby

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
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?
Duplex - Two residential units pair three-bedroom layouts with private garages and a 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 $635,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,748 square feet on a 0.33‑acre lot; Oversized 2‑car garage for each unit
More about this property
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