New Pahrump Fourplex For
1861 Five Feathers Street Pahrump, NV 89048
1861 Five Feathers Street, Pahrump, NV, 89048
$740,000
Pending
For Sale
$740,000
Pending
MULTI_FAMILY - Other - Pahrump, NV
Property Size4,388 SF
Lot Size0.36 Acres
Days on Market88
Property Features for 1861 Five Feathers Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Dishwasher, Microwave, Oven, Range, Refrigerator
- Standard status
- Pending
- APN
- 38-512-07
- Size
- 4,388 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Annual Amount
- 120
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Vinyl
- Building materials
- Block, Stucco
- Roof type
- Tile
- Architectural style
- Other
Listing Agency
Realty ONE Group, Inc
(702) 898-1010
8395 W Sunset Rd #190, Las Vegas, NV
Listed by
Jill Amsel · License #BS.0063646
(702) 683-6563
Added: Apr 21 Checked: Jul 17 at 5:06 am
MLS# 2775255
Listing URL
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 is a new fourplex property located in Pahrump, Nevada. Each of the four units features 3 bedrooms and 2 bathrooms within a 1,097 square foot layout. The units include custom cabinets, quartz counters, and stainless steel appliances such as an electric stove, microwave, refrigerator, and dishwasher. Each unit also has a separate laundry area. The living rooms and bedrooms are equipped with ceiling fans. Luxury vinyl plank flooring is installed throughout the units, with carpeted bedrooms. The property is situated on a 0.356-acre lot. The property comes with a full 1-year bumper-to-bumper warranty, a 2-year warranty for all major systems, and a 6-year structural warranty.
Key Highlights
- Brand new construction (built in 2026) with a full warranty.
- Each unit features 3 bedrooms and 2 bathrooms.
- Modern finishes including custom cabinets, quartz counters, and stainless steel 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 | $59.5k | $13.56 |
| − Vacancy | −$3.8k | −$0.86 |
| EGI | $55.7k | $12.70 |
| − OpEx | −$16.7k | −$3.81 |
| NOI | $39.0k | $8.89 |
4,388 SF · lease $13.56/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$557.1K
$487.5K – $650.0K
NOI $38,998 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$513.3K
$449.2K – $598.9K
NOI $35,933 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,604 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - New fourplex in Pahrump, each unit with 3 beds/2 baths.
Where is this quadplex located?
The property is located at 1861 Five Feathers Street Pahrump, NV.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Brand new construction (built in 2026) with a full warranty.; Each unit features 3 bedrooms and 2 bathrooms.; Modern finishes including custom cabinets, quartz counters, and stainless steel appliances.
