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    Fourplex Multi-Family Property Title is generated by Realmo AI

    4650 Koval 14 Lane, Las Vegas, NV 89109

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    Claim this Listing
    New
    For Sale
    $670,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    5,171 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $129/SF
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 4650 Koval 14 Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Covered
    Window features
    Blinds
    Interior features
    Window Treatments
    Appliances
    Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
    Standard status
    Active
    APN
    162-21-713-005
    Size
    5,171 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3390

    Utilities

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

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Tile
    Building materials
    Stucco
    Roof type
    Shingle, Composition, Flat, Tile
    Architectural style
    Other

    We can help!

    Contact an agent
    Joseph Y. Lee

    Listing agent Joseph Y. Lee License #B.0066266

    Listing office eProNet Realty 6149 S Rainbow Blvd, Las Vegas, NV

    Listing date Jun 24, 2026

    MLS# 2794497

    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

    • Fourplex multi‑family property directly across from MGM Casino and within walking distance of the Las Vegas Strip
    • Built in 1978 with stucco exterior and a mix of tile, shingle, flat, and composition roofing
    • Central heating (natural gas) and central air conditioning
    • Each unit includes a kitchen with appliances (range, oven, microwave, refrigerator, dishwasher, disposal) plus washer and dryer
    • Two of the four units are fully furnished for extended stays
    • Covered parking and public utilities including public water and public sewer

    Overview

    This fourplex multi-family property contains four residential units. Each unit is described as having large bedrooms, a living room, and a kitchen with appliances included. Two of the units are fully furnished, supporting extended-stay arrangements.

    The property is located at 4650 Koval 14 Lane in Las Vegas, Nevada (89109). The remarks describe the site as within walking distance of the Las Vegas Strip and directly across from the MGM Casino.

    For buyers seeking a small residential income asset, the unit mix and interior configuration may support a straightforward tenant-ready setup, particularly for those interested in furnished accommodations. The presence of appliances in each kitchen and the furnished condition in half the units can reduce turn effort for prospective occupancies, while the four separate units provide multiple income streams within a single property.

    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 $90.0k $17.40
    − Vacancy −$4.9k −$0.96
    EGI $85.0k $16.44
    − OpEx −$25.5k −$4.93
    NOI $59.5k $11.51
    5,171 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $850.3K
    $744.0K – $992.0K (±1% cap)
    NOI $59,519 @ 7.0% cap · market cap 8.88%
    Second Best
    Apartment 5plus
    $785.7K
    $687.5K – $916.7K (±1% cap)
    NOI $55,002 @ 7.0% cap · market cap 8.21%
    Theoretical Best
    Specialty Retail
    $1.79M
    $1.56M – $2.08M (±1% cap)
    NOI $125,076 @ 7.0% cap · market cap 18.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.163101
    Latitude
    36.10519

    FAQs

    What type of property is this?
    Quadplex - Four-unit residential income property with spacious layouts, appliances included, and two units fully furnished for extended stays.
    Where is this quadplex located?
    The property is located at 4650 Koval 14 Lane Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: Fourplex multi‑family property directly across from MGM Casino and within walking distance of the Las Vegas Strip; Built in 1978 with stucco exterior and a mix of tile, shingle, flat, and composition roofing; Central heating (natural gas) and central air conditioning
    More about this property
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