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Two-Duplex Residential Income Property

1080 S Jubilee Court Pahrump, NV 89048

New
1080 S Jubilee Court, Pahrump, NV, 89048
$615,000
For Sale
$615,000

MULTI_FAMILY - Other - Pahrump, NV

Property Size1,936 SF
Lot Size0.38 Acres
Price / SF$317.67
Days on Market7

Property Features for 1080 S Jubilee Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Interior features
Ceiling Fan(s)
Appliances
Dishwasher
Standard status
Active
APN
39-491-21
Size
1,936 SF
Lot size
0.38 Acres

Taxes and HOA fees

Tax Annual Amount
3059

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2001
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Stucco, Wood Frame
Roof type
Tile
Architectural style
Other
Listing Agency Access Realty
2301 E Winery Rd Suite 101, Pahrump, NV
Listed by Christina M. Cummins · License #S.0194519
Added: Jul 11 Checked: Jul 17 at 11:06 am
MLS# 2798698

Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This residential income property includes two duplex buildings containing four total units, all currently rented with no vacancy. Each unit is a 2-bedroom, 2-bath layout with a 1-car garage, and all units come with appliances. The duplex buildings share a parking lot that provides open parking for residents, with fenced backyards attached to the units. Building 1 has units A and B, with each unit approximately 968 square feet, and smaller back yard space. Building 2 has units C and D, with each unit approximately 1149 square feet, and a larger back patio or yard area with open mountain views.

The address is 1080 S Jubilee Court in Pahrump, Nevada. The property is described as being centrally located and just a few blocks from Peaceful Discovery Park.

Some units have been lightly updated with new flooring and paint, while others remain original. Unit C is noted as the unit shown in the pictures.

Key Highlights

  • Investment property with 2 duplexes and 4 total rented 2 bed, 2 bath units with 1‑car garage each
  • Building 1 (Units A & B): approx. 968 SF each; fenced yard; includes all appliances
  • Building 2 (Units C & D): approx. 1149 SF each; larger fenced patio/yard with open mountain views; includes all appliances

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $26.3k $13.56
− Vacancy −$1.7k −$0.86
EGI $24.6k $12.70
− OpEx −$7.4k −$3.81
NOI $17.2k $8.89
1,936 SF · lease $13.56/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$245.8K
$215.1K – $286.8K (±1% cap)
NOI $17,206 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$226.5K
$198.2K – $264.2K (±1% cap)
NOI $15,854 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$615.2K
$538.3K – $717.7K (±1% cap)
NOI $43,063 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Home Appliance Store Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - For sale: two duplex buildings with four rented 2-bedroom, 2-bath units and shared open parking.
Where is this duplex located?
The property is located at 1080 S Jubilee Court Pahrump, NV.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Investment property with 2 duplexes and 4 total rented 2 bed, 2 bath units with 1‑car garage each; Building 1 (Units A & B): approx. 968 SF each; fenced yard; includes all appliances; Building 2 (Units C & D): approx. 1149 SF each; larger fenced patio/yard with open mountain views; includes all appliances
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More about this property
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