Looking for a stabilized multifamily investment with room to increase returns? This Bullhead City fourplex offers immediate income, a strong history of improvements and future upside, all in a convenient location near Rotary Park, the Colorado River and local boat launch access. The property consists of four 2-bedroom, 1-bathroom units, each currently rented at $950 per month. All four units are occupied on month-to-month agreements, giving a new owner flexibility while benefiting from established tenants and income from day one. Current rents are below market, creating an opportunity for future growth. Three units have already received interior remodels, while the fourth remains in original condition with a long-term tenant in place. Since purchasing the property in 2018, the owner has made several major improvements including replacing all four HVAC systems, upgrading the electrical with separately metered power and a newer electrical panel, and keeping the roof well maintained. Tenants are responsible for their individual electric bills, while the owner pays water, sewer and trash. The building is arranged with two units on the lower level and two upstairs, plus a shared front patio and open parking with no assigned spaces. With no garages, laundry facilities or additional storage areas to maintain, operations remain relatively simple. The property is currently self-managed with minimal ongoing expenses and has no HOA or rent control. It also sits on owned land. The existing tenant mix includes three single-occupant units and one family unit, with no pets permitted other than service animals. Whether you are adding another multifamily property to your portfolio, looking for a long-term hold or searching for a potential 1031 exchange, this property combines established cash flow today with additional income potential for tomorrow.
Active
$495,000
2146 Riviera Boulevard, Bullhead City, AZ 86442
--beds
--baths
--sqft
Quadruplex, Multi Family, Multi Family
Built in 1983
-- sqft lot
$471,600 Zestimate®
$--/sqft
$-- HOA
What's special
Roof well maintainedShared front patio
- 32 days
- 239
- 22
Zillow last checked:
Listing updated:
Listed by:
Dakota French 928-278-2013,
Sondgeroth Real Estate Group, LLC,
Jessica Topol 928-234-5616,
Sondgeroth Real Estate Group, LLC
Source: Momentum MLS,MLS#: 042036
Originating MLS: Western AZ Regional Real Estate Data Exchange
Facts & features
Interior
Heating
- Heat Pump
Cooling
- Heat Pump, Central Air, Electric
Features
- Flooring: Carpet
Video & virtual tour
Property
Features
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Panoramic
Lot
- Size: 8,276 Square Feet
- Dimensions: 91 x 84 x 87 x 85
Details
- Parcel number: 21812016
- Zoning description: R2 District Res: Multiple Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Stucco, Wood Frame
- Roof: Tile
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Riviera Mobile Gardens
HOA
- Has HOA: No
Location
- Region: Bullhead City
Financial & listing details
- Tax assessed value: $405,763
- Annual tax amount: $1,489
- Date on market: 9/8/2026
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$471,600
$448,000 - $495,000
$1,191/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $495,000-0.8% |
Source: | ||
| 7/31/2026 | Listing removed | $499,000 |
Source: | ||
| 7/16/2026 | Price change | $499,000-5% |
Source: | ||
| 2/12/2026 | Listed for sale | $525,000+250% |
Source: | ||
| 8/2/2016 | Sold | $150,000-53.8% |
Source: | ||
| 5/23/2008 | Listing removed | $325,000 |
Source: Century 21 #812272 Report a problem | ||
| 5/1/2008 | Listed for sale | $325,000+8.7% |
Source: Century 21 #812272 Report a problem | ||
| 1/12/2005 | Sold | $299,000+88.1% |
Source: Public Record Report a problem | ||
| 12/17/2003 | Sold | $159,000+13.6% |
Source: Public Record Report a problem | ||
| 9/11/2003 | Sold | $140,000+52.8% |
Source: Public Record Report a problem | ||
| 5/31/2002 | Sold | $91,620 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,539 +3.3% | $40,576 -9.7% |
| 2025 | $1,490 +5.8% | $44,922 +33.9% |
| 2024 | $1,409 +4.1% | $33,549 +67.8% |
| 2023 | $1,353 -2.1% | $19,998 +1173.8% |
| 2022 | $1,381 | $1,570 -1.9% |
| 2021 | -- | $1,601 -26.5% |
| 2019 | -- | $2,179 -83.6% |
| 2018 | -- | $13,318 +13.4% |
| 2017 | $1,219 -5.8% | $11,745 |
| 2016 | $1,294 +6.9% | $11,745 +19.2% |
| 2015 | $1,211 | $9,857 -1.2% |
| 2014 | -- | $9,978 -25% |
| 2013 | -- | $13,304 0% |
| 2012 | -- | $13,305 +16.3% |
| 2011 | -- | $11,442 -8.8% |
| 2010 | -- | $12,541 -14.8% |
| 2009 | -- | $14,717 -3% |
| 2008 | -- | $15,172 |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2000 | $1,673 | -- |
Find assessor info on the county website
Monthly payment
Est. payment






