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    Fourplex with Community Pool Title is generated by Realmo AI

    5245 Golden Lane, Las Vegas, NV 89119

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    Claim this Listing
    For Sale
    $596,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    3,844 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $155/SF
    Added:
    Apr 29, 2026
    Days on Market:
    71
    Last Refresh:
    Jul 8 at 7:06 pm

    Property Features for 5245 Golden Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Interior features
    Ceiling Fan(s)
    Appliances
    Oven, Range, Refrigerator
    Standard status
    Active
    APN
    162-27-611-334
    Size
    3,844 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1916

    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
    Carpet, Hardwood
    Building materials
    Stucco
    Roof type
    Shingle, Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    James H. Eagan

    Listing agent James H. Eagan License #B.1000724

    Listing office Limestone Investments LLC 1620 E Sahara Ave, Las Vegas, NV

    Listing date Apr 29, 2026

    MLS# 2777516 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

    • 1977‑built four‑plex with centrally located Las Vegas positioning just minutes from UNLV and the Strip
    • Unit amenities include ceiling fans; flooring includes carpet and hardwood
    • Kitchen appliances include oven, range, and refrigerator
    • Central heating and central air with electric heating; stucco exterior
    • Utilities: public water and public sewer
    • HOA covers water and trash; residents have access to a community pool

    Overview

    This four-plex offers four separate rental units and a configuration well-suited for operators seeking manageable in-place tenancy. The property includes access to a community pool, and most tenants are currently on month-to-month agreements, supporting flexibility for operating decisions. The HOA covers water and trash, which can help streamline day-to-day utility and refuse expenses.

    Located in central Las Vegas, the property is positioned minutes from UNLV and the Las Vegas Strip, with nearby shopping, dining, and other convenient local amenities.

    For buyers looking for a multifamily asset with straightforward operations and potential flexibility in unit-by-unit timing, this four-plex provides a practical combination of shared community amenities and HOA-managed water and trash. The mostly month-to-month tenant profile can be advantageous for those planning schedule-based rent and improvement approaches, while the central positioning may support ongoing leasing activity.

    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 $66.9k $17.40
    − Vacancy −$3.7k −$0.96
    EGI $63.2k $16.44
    − OpEx −$19.0k −$4.93
    NOI $44.2k $11.51
    3,844 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $632.1K
    $553.1K – $737.4K (±1% cap)
    NOI $44,245 @ 7.0% cap · market cap 7.42%
    Second Best
    Apartment 5plus
    $584.1K
    $511.1K – $681.5K (±1% cap)
    NOI $40,887 @ 7.0% cap · market cap 6.86%
    Theoretical Best
    Specialty Retail
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $92,978 @ 7.0% cap · market cap 15.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Dental Office Building Supply Daycare Center Law Firm Kitchen & Bath Showroom Home Appliance Store Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.138505
    Latitude
    36.094182

    FAQs

    What type of property is this?
    Quadplex - Four-plex in Las Vegas with a shared pool and HOA-paid water and trash, featuring mostly month-to-month tenants.
    Where is this quadplex located?
    The property is located at 5245 Golden Lane Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $596,000.
    What are key features of this property?
    This property features: 1977‑built four‑plex with centrally located Las Vegas positioning just minutes from UNLV and the Strip; Unit amenities include ceiling fans; flooring includes carpet and hardwood; Kitchen appliances include oven, range, and refrigerator
    More about this property
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