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Leased Duplex on Corner Lot

1170 E Calvada Boulevard Pahrump, NV 89048

New
1170 E Calvada Boulevard, Pahrump, NV, 89048
$400,000
For Sale
$400,000

MULTI_FAMILY - Other - Pahrump, NV

Property Size2,212 SF
Lot Size0.25 Acres
Price / SF$180.83
Days on Market7

Property Features for 1170 E Calvada Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Parking
3
Parking features
Garage
Window features
Blinds
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Window Treatments
Exterior features
Private Yard
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Standard status
Active
APN
38-672-11
Size
2,212 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Annual Amount
1454

Utilities

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

Building Details

Year built
1994
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Stucco, Wood Frame
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency 775 Realty
3250 S Hwy 160 Ste 11, Pahrump, NV
Listed by Marci R. Wells · License #BS.0144996
Added: Jul 12 Checked: Jul 18 at 6:06 am
MLS# 2799326

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 income-producing duplex includes two leased units. Unit configurations are a 2-bedroom, 2-bath layout with a 2-car garage and a 2-bedroom, 1-bath layout with a 1-car garage. Both units include kitchen and laundry appliances and feature fully fenced backyards. Additional features include a dedicated laundry room, a private patio, and a pellet stove in one unit.

The property sits on a corner lot and includes landscaping in the front yard. It also features owned solar that will be paid in full at closing.

The duplex totals 2,212 square feet and is listed for sale in Pahrump, Nevada.

Key Highlights

  • Income‑producing duplex with both units currently leased: $1,500/mo and $1,200/mo
  • Two 2‑bedroom units: one 2BA with a 2‑car garage and one 1BA with a 1‑car garage
  • Owned solar to be paid in full at closing

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 $30.0k $13.56
− Vacancy −$1.9k −$0.86
EGI $28.1k $12.70
− OpEx −$8.4k −$3.81
NOI $19.7k $8.89
2,212 SF · lease $13.56/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$280.8K
$245.7K – $327.7K (±1% cap)
NOI $19,659 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$258.8K
$226.4K – $301.9K (±1% cap)
NOI $18,114 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$702.9K
$615.0K – $820.1K (±1% cap)
NOI $49,203 @ 7.0% cap · market cap 12.30%
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

Real Estate Agency Building Supply Auto Parts Store Big Box & Wholesale Store Hair Salon Dental Office Auto Repair Shop (Bike/Boat/Book/etc) Store Law Firm Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Income-producing duplex on a corner lot with two leased units, garages, fenced backyards, and included kitchen and laundry appliances.
Where is this duplex located?
The property is located at 1170 E Calvada Boulevard Pahrump, NV.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Income‑producing duplex with both units currently leased: $1,500/mo and $1,200/mo; Two 2‑bedroom units: one 2BA with a 2‑car garage and one 1BA with a 1‑car garage; Owned solar to be paid in full at closing
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