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$599,000

  • For Sale
  • Active
  • Multi-Family
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Great INVESTMENT OPPORTUNITY! This fully occupied 4-Plex in Lake Havasu City presents an excellent investment opportunity, ideally located near Highway 95 in a desirable neighborhood. The property features four units: Unit 1 with 2 bedrooms and 1 full bath, Unit 2 with 2 bedrooms and 1 full bath, Unit 3 with 1 bedroom and a newly remodeled full bath, and Unit 4 with 1 bedroom and 1 full bath. Three out of four AC units/heat pumps have been recently replaced for energy efficiency. The property includes a shared laundry area for Units 3 and 4, with individual hookups for Units 1 and 2, and independent electrical meters for each unit. On-site water and trash services are available, along with a two-car garage and additional parking spaces. With an estimated 5% cap rate, this property offers a strong return on investment and is a prime addition to any real estate portfolio.

Full Property Details for 2312 Palisades Dr

General

  • Price: $599,000
  • Taxes: $1,715 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: LakeHavasu_MLS
  • MLS ID: 1037438
  • Updated: 11/20/2025
  • Added to Site: 109 day(s) ago

Parking

  • Parking Features: Door - 7 Ft Height, Detached

Location

  • Area: LHC-North
  • County: Mohave
  • Subdivision: Lake Havasu City
  • Cross Streets: College and Palisades

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available

Structural Information

  • # Buildings: 3
  • Construction: Wood Frame
  • Roof: Shingle
  • Square Feet: 2,864
  • Year Built: 1971

Lot Features

  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,424
  • Lot Size Source: Owner
  • Lot Dimensions: 130' x 226.60'

Financial Considerations

  • Tax Amount: $1,715
  • Tax Year: 2025
  • Terms: 1031 Exchange, Cash, Conventional
  • Tenant Pays: Electricity

Disclosures and Reports

  • Property ID: 104-47-013
  • Tract: 2192
  • Section: 35
  • Block: 1

Listed by eXp Realty, Edward Limbaga and eXp Realty, Amy Kleefisch

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Listing agents

— 2312 Palisades Dr —

  • Edward Limbaga

    eXp Realty

  • Amy Kleefisch

    eXp Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2312 Palisades Dr

School District:Lake Havasu Unified District
NameGradesDistance
Nautilus Elementary School
1425 Patrician Drive, Lake Havasu City, AZ 86404
K-60.6 mi
Thunderbolt Middle School
695 Thunderbolt Avenue, Lake Havasu City, AZ 86406
7-83.9 mi
Lake Havasu High School
2675 Palo Verde Boulevard South, Lake Havasu City, AZ 86403
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2312 Palisades Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2025
Listed
$599,000
59.78%
MLS
9/16/2020
Sold
$374,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2312 Palisades Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,686
—
$56,267
-4%
2024
$1,686
-4%
$58,674
22%
2020
$1,765
8%
$48,066
55%
2022
$1,635
-9%
$31,107
10%
2021
$1,806
2%
$28,297
12%
2020
$1,765
3%
$25,291
2%
2019
$1,716
3%
$24,730
11%
2018
$1,658
1%
$22,363
11%
2017
$1,642
15%
$20,080
7%
2015
$1,425
6%
$18,784
23%
2013
$1,346
—
$15,272
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by eXp Realty, Edward Limbaga and eXp Realty, Amy Kleefisch

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2312 Palisades Dr, Lake Havasu City, AZ 86403 (MLS# 1037438) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2312 Palisades Dr is currently listed for $599,000 and was received on October 02, 2025. Want to learn more about 2312 Palisades Dr? Do you have questions about finding other Multi-Family real estate for sale in Lake Havasu City? You can browse all Lake Havasu City real estate or contact a Coldwell Banker agent to request more information.

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