5235 Gray Lane, Las Vegas, NV 89119
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Apr 17, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 9 at 6:06 am
Property Features for 5235 Gray Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Oven, Range, Refrigerator
- Standard status
- Active Under Contract
- APN
- 162-27-611-320
- Size
- 3,748 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1940
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1977
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Wood
- Building materials
- Stucco, Wood Frame
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Diana Day License #S.0063796 (702) 505-3484
Listing office Win Win Real Estate 9480 S Eastern Ave #269, Las Vegas, NV (702) 789-7172
Listing date Apr 17, 2026
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 fourplex in a guard‑gated community, offering a 3BD unit, one 2BD unit, and two 1BD units
- Each unit has a private garage and in‑unit washer and dryer
- HOA covers water, sewer, and trash services
- Central A/C with electric heating; ceiling fans and window treatments included
- Tile and wood flooring; stucco and wood frame construction with shingle/composition roof
- Public water and public sewer
Overview
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 | $65.2k | $17.40 |
| − Vacancy | −$3.6k | −$0.96 |
| EGI | $61.6k | $16.44 |
| − OpEx | −$18.5k | −$4.93 |
| NOI | $43.1k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.140124
- Latitude
- 36.094375
