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    Rare El Sol Del Pueblo Quadplex Title is generated by Realmo AI

    2894 Karen Avenue, Las Vegas, NV 89121

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    Claim this Listing
    For Sale
    $800,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    4,492 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $178/SF
    Added:
    May 26, 2026
    Days on Market:
    22
    Last Refresh:
    Jun 16 at 9:06 pm

    Property Features for 2894 Karen Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Interior features
    Storage
    Appliances
    Refrigerator
    Standard status
    Active
    APN
    162-12-112-031
    Size
    4,492 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2995

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1974
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Carpet, Tile
    Building materials
    Wood Frame
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Ryan Crighton

    Listing agent Ryan Crighton License #BS.0000254

    Listing office Rothwell Gornt Companies 105 N Pecos Rd Ste 140, Henderson, NV

    Listing date May 26, 2026

    MLS# 2785828

    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.

    HighLights

    • Four single‑story/townhouse‑style units with private patios and separate garages
    • Owner unit includes 3 bedrooms, 2 bathrooms, 2‑car garage, and private patio
    • Units feature a mix of 2‑bedroom/1‑2 bathroom layouts, including one townhouse‑style unit with both bedrooms upstairs
    • Washer‑dryer hook‑ups in all garages
    • Community amenities include roving security patrol and a community pool
    • Built in 1974 with wood frame construction; central natural gas heat and central air; public water and public sewer

    Overview

    This multifamily property in El Sol Del Pueblo presents a rare opportunity. The property consists of four units. Unit #1 is a single-story owner's unit featuring 3 bedrooms, 2 bathrooms, a 2-car garage, and a private patio. Unit #2 is a single-story unit with 2 bedrooms, 2 bathrooms, a private patio, and a 1-car garage. Unit #3 is a townhouse-style unit with both bedrooms on the second floor, 1.5 bathrooms, a private patio, and a 1-car garage. Unit #4 is located above the garages and includes 2 bedrooms, 1 bathroom, a large deck, and a 1-car garage. Each garage is equipped with washer-dryer hook-ups. The community offers roving security patrol and a community pool. The property is situated on a 0.23-acre lot and the building size is 4492 square feet.

    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 $88.9k $19.80
    − Vacancy −$4.6k −$1.03
    EGI $84.3k $18.77
    − OpEx −$25.3k −$5.63
    NOI $59.0k $13.14
    4,492 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $843.2K
    $737.8K – $983.7K (±1% cap)
    NOI $59,022 @ 7.0% cap · market cap 7.38%
    Second Best
    Apartment 5plus
    $756.4K
    $661.9K – $882.5K (±1% cap)
    NOI $52,950 @ 7.0% cap · market cap 6.62%
    Theoretical Best
    Office A
    $1.17M
    $1.02M – $1.36M (±1% cap)
    NOI $81,599 @ 7.0% cap · market cap 10.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.111016
    Latitude
    36.140967

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with diverse layouts and community amenities.
    Where is this quadplex located?
    The property is located at 2894 Karen Avenue Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Four single‑story/townhouse‑style units with private patios and separate garages; Owner unit includes 3 bedrooms, 2 bathrooms, 2‑car garage, and private patio; Units feature a mix of 2‑bedroom/1‑2 bathroom layouts, including one townhouse‑style unit with both bedrooms upstairs
    More about this property
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