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Duplex with Private Garages
For Sale
$515,900
Pending

7076 E Spouse Dr, Prescott Valley, AZ 86314

Two residential units offer individual laundry rooms, kitchen appliances, and separate garage parking.

Property Size2,052 SF
Days on Market224

Property Features for 7076 E Spouse Dr

General Information

Standard status Pending
Size 2,052 SF
Property subtype Multi-Family

Building Details

Year Built 1993
Listing Agency: Bear Creek Real Estate
Listed By: Brenda Anne Heath · License #BR579734000
Source: Searchprescotthouses
Added: Mar 5 Changed: Oct 1 Last Checked: Oct 14 at 11:46PM

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 Bear Creek Real Estate

Investment Insights

Based on property information with market context.

This 2052-square-foot duplex, built in 1993, includes two separately configured residential units. One offers a 2 bed/2 bath layout, while the other provides 3 bedroom/2 bath accommodations. Each unit has an oversized 1-car garage, a dedicated laundry room, refrigerator, and dishwasher. Unit B also features new paint and flooring.

Located at 7076 E Spouse Dr in Prescott Valley, Arizona, the property is being offered subject to existing lease obligations, which must be honored. The two-unit configuration and individual household amenities support continued residential rental use.

Key Highlights

  • 2052‑square‑foot duplex built in 1993
  • One 2 bed/2 bath unit and one 3 bedroom/2 bath unit
  • Each unit includes an oversized 1‑car garage and laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,494
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,880 $469.9K
Cap Rate 7%
$335,629 $335.6K
Cap Rate 9%
$261,044 $261.0K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$35.7K $17.40/SF
− Vacancy
−$2.1K −$1.04/SF
EGI
$33.6K $16.36/SF
− OpEx
−$10.1K −$4.91/SF
NOI
$23.5K $11.45/SF
Area
Yavapai County, AZ
Vacancy
6.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,880
Cap Rate 7%
$335,629
Cap Rate 9%
$261,044

Alternative Uses

Best Use
Multifamily LT 5
$335.6K
$293.7K – $391.6K (±1% cap)
NOI $23,494 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$312.5K
$273.4K – $364.5K (±1% cap)
NOI $21,872 @ 7.0% cap · market cap 4.24%
Theoretical Best
Warehouse
$687.4K
$601.5K – $802.0K (±1% cap)
NOI $48,119 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Building Supply Auto Repair Shop HVAC Service

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

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 86314, AZ

39,461
Population
16,806
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
26.6 sq mi
ZIP Area
1,483
Density / Sq Mi
$67,263
Median Household Income
$37,829
Median Earnings
$1,432
Median Rent
$363,700
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 offer individual laundry rooms, kitchen appliances, and separate garage parking.
Where is this duplex located?
The property is located at 7076 E Spouse Dr Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $515,900.
What are key features of this property?
This property features: 2052‑square‑foot duplex built in 1993; One 2 bed/2 bath unit and one 3 bedroom/2 bath unit; Each unit includes an oversized 1‑car garage and laundry room
More about this property
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