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    Fully Occupied 4-Plex in Gated Community Title is generated by Realmo AI

    4671 Krissylouise Way, Las Vegas, NV 89121

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    Claim this Listing
    New
    For Sale
    $568,888

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    3,168 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $179/SF
    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 4671 Krissylouise Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Security features
    Security System
    Window features
    Blinds
    Interior features
    Window Treatments
    Appliances
    Dryer, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
    Standard status
    Active
    APN
    161-08-510-017
    Size
    3,168 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3118

    Utilities

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

    Building Details

    Year built
    1995
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet
    Building materials
    Aluminum Siding
    Roof type
    Tile
    Architectural style
    Other

    We can help!

    Contact an agent
    Ginger Gorman
    Ginger Gorman

    Listing agent Ginger Gorman License #S.0190885

    Listing office Realty ONE Group, Inc 8395 W Sunset Rd #190, Las Vegas, NV

    Listing date Jun 24, 2026

    MLS# 2794993

    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

    • Fully occupied 4‑plex in a gated community
    • HOA covers trash, sewage, exterior of buildings, and roofs
    • Year built 1995
    • Central air and central electric heating
    • Public water and public sewer
    • Tile roof and aluminum siding

    Overview

    This fully occupied 4-plex offers a straightforward residential income setup within a gated community. The property is arranged as four separate units, and it is currently fully leased.

    Located at 4671 Krissylouise Way in Las Vegas, Nevada, the community is managed through an HOA that covers trash, sewage, exterior building maintenance, and roof coverage. Those responsibilities can help simplify day-to-day operating expenses for an owner compared to properties without an HOA.

    For buyers looking for an income-producing multifamily asset with an HOA that addresses several key building and utility-related items, this configuration provides a practical, turnkey foundation. With all units occupied at the time of sale, the property may appeal to investors or owner-operators who want to minimize vacancy risk at acquisition while relying on the existing HOA coverage for ongoing exterior and utility services.

    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 $62.7k $19.80
    − Vacancy −$3.3k −$1.03
    EGI $59.5k $18.77
    − OpEx −$17.8k −$5.63
    NOI $41.6k $13.14
    3,168 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $594.6K
    $520.3K – $693.8K (±1% cap)
    NOI $41,625 @ 7.0% cap · market cap 7.32%
    Second Best
    Apartment 5plus
    $533.5K
    $466.8K – $622.4K (±1% cap)
    NOI $37,343 @ 7.0% cap · market cap 6.56%
    Theoretical Best
    Office A
    $822.1K
    $719.4K – $959.1K (±1% cap)
    NOI $57,548 @ 7.0% cap · market cap 10.12%
    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
    -115.072508
    Latitude
    36.141464

    FAQs

    What type of property is this?
    Quadplex - Four-unit property with HOA-managed trash, sewage, exterior, and roof maintenance in a gated setting.
    Where is this quadplex located?
    The property is located at 4671 Krissylouise Way Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $568,888.
    What are key features of this property?
    This property features: Fully occupied 4‑plex in a gated community; HOA covers trash, sewage, exterior of buildings, and roofs; Year built 1995
    More about this property
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