Lake Havasu City, AZ 86403

$1,675,000
Property Type: Commercial Improved Square Footage: 5,586 Lot Size (sq. ft.): 15,246 Status: Active
Current Price: $1,675,000 List Date: 10/21/2026 Last Modified: 10/26/2026

Overview

Description

**PRIME INVESTMENT OPPORTUNITY - CENTRALLY LOCATED 10-PLEX WITH ADJACENT LOT INCLUDED!** Excellent opportunity to acquire a 10-unit multifamily property with tremendous income potential! Conveniently located in the heart of Lake Havasu City, this property offers established rental rates and significant upside for investors. Currently, only 2 of the 10 units are occupied, providing a unique opportunity for a new owner to establish market rents, select tenants, and maximize rental income. Several units have undergone renovations, with additional value-add potential throughout. Tenants are responsible for electricity, while the owner covers water and trash. Open, undesignated parking provides convenience for residents. **BONUS: The adjacent vacant lot is included in the sale**, offering additional investment potential and possibilities for future expansion or development, subject to city approval. This is a rare opportunity to maximize your investment!

Listing Details MLS# 1043093

Basic Information

List Price/SqFt
299.86
Commercial Type
Multi Family
Bus And/Or Re
RE Only
Lease Type
N/A

Location

State
AZ
Zip Code
86403
County
Mohave
Subdivision/Community
Lake Havasu City
Area
LHC-Central
Tract
100
Block
8
Lot
17
Zoning
L-MU-UMS Mixed Use Uptown Main Street
Overlay Districts
None
Cross Street
Smoketree Ave N
Legal Description
LAKE HAVASU CITY TRACT 100 BLK 8 LOT 17
Parcel ID
108-06-158

Property Information

Year Built
1974
Builder Name
TBD
Less Than 1 Acre
Yes
Apx Lot Dim
tbd
Lot SqFt
15246
Acres
0.35
Building Stories
Yes
Apx Living SqFt
5586
Total Buildings
3
Total # Units
10
Apx Garage Depth
0-21

Green Information

Solar
None

Remarks

Public Remarks
**PRIME INVESTMENT OPPORTUNITY - CENTRALLY LOCATED 10-PLEX WITH ADJACENT LOT INCLUDED!** Excellent opportunity to acquire a 10-unit multifamily property with tremendous income potential! Conveniently located in the heart of Lake Havasu City, this property offers established rental rates and significant upside for investors. Currently, only 2 of the 10 units are occupied, providing a unique opportunity for a new owner to establish market rents, select tenants, and maximize rental income. Several units have undergone renovations, with additional value-add potential throughout. Tenants are responsible for electricity, while the owner covers water and trash. Open, undesignated parking provides convenience for residents. **BONUS: The adjacent vacant lot is included in the sale**, offering additional investment potential and possibilities for future expansion or development, subject to city approval. This is a rare opportunity to maximize your investment!
Directions
Smoketree Ave N turn right on Injo

More Information

Unit 4

Tenant
Yes
Rent
1050
Annual/Monthly
Annual

Unit 6

Tenant
Yes
Rent
895
Annual/Monthly
Monthly

Property Features

Fencing: None Lockbox Location: None Owner Pays: Trash Collection; Water Use Type: Apartment 5+ Units Water: Public Possession: Close Of Escrow
IDX
Listing Office: eXp Realty
Listing Agent: The Gedalje Group
Last Updated: October - 26 - 2026
Information deemed reliable but not guaranteed.
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