Duplex with Private
For Sale
$515,900
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
Price / SF$251.41
Days on Market193
Property Features for 7076 E Spouse Dr
General Information
Standard status
Active
Size
2,052 SF
Property subtype
Multi-Family
Building Details
Year Built
1993
Listing Agency:
Bear Creek Real Estate
(928) 499-1395
Listed By:
Brenda Anne Heath · License #BR579734000
Source:
Searchprescotthouses
Added: Feb 19
Changed: Aug 30
Last Checked: Aug 30 at 6:08PM
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,494
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $23,494 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$312.5K
$273.4K – $364.5K
NOI $21,872 @ 7.0% cap · market cap 4.24%
Theoretical Best
Warehouse
$687.4K
$601.5K – $802.0K
NOI $48,119 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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
