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    Las Vegas Townhome-Style Fourplex Title is generated by Realmo AI

    4915 E Russell RD, Las Vegas, NV 89120

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    Claim this Listing
    Pending
    $965,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    5,214 SF
    Lot size:
    0.12 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    113
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 4915 E Russell RD

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Window features
    Blinds
    Interior features
    Window Treatments
    Appliances
    Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
    Standard status
    Pending
    APN
    161-29-814-019
    Size
    5,214 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5232

    Utilities

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

    Building Details

    Year built
    2004
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Vinyl
    Building materials
    Stucco
    Roof type
    Tile
    Architectural style
    Other

    We can help!

    Contact an agent
    Luis E. Rodriguez
    Luis E. Rodriguez

    Listing agent Luis E. Rodriguez License #B.0021336

    Listing office New Vision Realty of Las Vegas 10161 Park Run Dr #150, Las Vegas, NV

    Listing date Mar 6, 2026

    MLS# 2762262 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.

    HighLights

    • Gated Mesa Ridge Village community townhome‑style four‑plex built in 2004
    • Each of the 4 units has a private enclosed patio and attached 2‑car garage
    • Unit mix includes (2) 2‑bedroom and (2) 3‑bedroom units
    • Central heating and central air; natural gas and tile roof
    • Public utilities: public water and public sewer
    • Appliances included in units: dishwasher, disposal, microwave, oven, range, range hood, washer and dryer

    Overview

    This townhome-style fourplex is located in the gated Mesa Ridge Village community. The property is ideally situated near major freeways, parks, and the Galleria Mall. Each of the four units includes private enclosed patios and attached 2-car garages. The units feature high ceilings. The property is comprised of two 2-bedroom units and two 3-bedroom units. Community amenities include a pool and spa. The property contains 5,214 square feet and is situated on a 0.12-acre lot.

    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 $90.7k $17.40
    − Vacancy −$5.0k −$0.96
    EGI $85.7k $16.44
    − OpEx −$25.7k −$4.93
    NOI $60.0k $11.51
    5,214 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $857.3K
    $750.2K – $1.00M (±1% cap)
    NOI $60,014 @ 7.0% cap · market cap 6.22%
    Second Best
    Apartment 5plus
    $792.3K
    $693.2K – $924.3K (±1% cap)
    NOI $55,459 @ 7.0% cap · market cap 5.75%
    Theoretical Best
    Specialty Retail
    $1.80M
    $1.58M – $2.10M (±1% cap)
    NOI $126,116 @ 7.0% cap · market cap 13.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vintage Vegas Entertainment Theater & Performing Art Venue MandJPiercings Tattoo & Piercing Shop A2Z Services Group Repair Service Mesa Ridge Village ... Apartment Complex Handyman Direct Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.064447
    Latitude
    36.086394

    FAQs

    What type of property is this?
    Quadplex - Fourplex in gated community near freeways, parks, and Galleria Mall.
    Where is this quadplex located?
    The property is located at 4915 E Russell RD Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $965,000.
    What are key features of this property?
    This property features: Gated Mesa Ridge Village community townhome‑style four‑plex built in 2004; Each of the 4 units has a private enclosed patio and attached 2‑car garage; Unit mix includes (2) 2‑bedroom and (2) 3‑bedroom units
    More about this property
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