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$575,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 9 days ago
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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

  • Sold For: $575,000
  • Taxes: $1,715 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: LakeHavasu_MLS
  • MLS ID: 1037438
  • Added to Site: 231 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 and Sold by eXp Realty, Team RDP

Listing agent

— 2312 Palisades Dr —

  • Team RDP

    eXp Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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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
7-83.8 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2312 Palisades Dr

Date
Details
Price
Change
Source
5/08/2026
Sold
$575,000
-4.01%
MLS
10/01/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by eXp Realty, Team RDP

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2312 Palisades Dr, Lake Havasu City, AZ 86403 (MLS# 1037438) is a Multi-Family property that was sold at $575,000 on May 08, 2026. 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.