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    Updated 4-Plex with Courtyard Title is generated by Realmo AI

    6208 Ilanos Lane, Las Vegas, NV 89108

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    Claim this Listing
    For Sale
    $842,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    3,952 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $213/SF
    Added:
    May 29, 2026
    Days on Market:
    30
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 6208 Ilanos Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Window features
    Blinds
    Interior features
    Ceiling Fan(s), Storage, Window Treatments
    Standard status
    Active
    APN
    138-23-711-036
    Size
    3,952 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3120

    Utilities

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

    Building Details

    Year built
    1985
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Vinyl, Tile
    Building materials
    Block, Stucco
    Roof type
    Composition, Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Contact an agent
    Daniel Valenzuela

    Listing agent Daniel Valenzuela License #S.0184876

    Listing office Platinum Real Estate Prof 2298 Horizon Ridge Parkway 114, NV

    Listing date May 29, 2026

    MLS# 2785771

    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

    • 4‑plex investment property built in 1985 with central heating and central A/C
    • Fully paid‑off solar panels plus a new roof listed as major improvements
    • Downstairs units offer 3 bedrooms; all units include in‑unit washer and dryer
    • Each unit has fireplaces, ceiling fans, and window treatments; new appliances included in every unit
    • Spacious side courtyard/huge courtyard outdoor space plus backyard storage shed
    • No HOA; each unit has 2 dedicated parking spaces and is hard‑wired for TV antenna

    Overview

    This is a well-maintained four-plex with no HOA. The property includes a side courtyard and a large outdoor court area, plus a backyard storage shed. One unit has been recently renovated, while the other three are in good condition with spacious floor plans. Units feature fireplaces, ceiling fans, and new appliances included in every unit, and each unit has its own washer and dryer. The home also provides hard-wired TV antenna capability and includes two dedicated parking spaces per unit. Recent improvements include fully paid-off solar panels, an updated roof, new balcony awnings, and exterior paint. A new AC unit has also been added for unit #A.

    Located in central Las Vegas, the property offers convenient access to Summerlin amenities and is near shopping, dining, schools, public transportation, and major freeway access.

    With multiple 3-bedroom units on the downstairs level and several updates already in place, the property is well suited for an investor looking for an income-producing asset with in-unit laundry and appliance packages, as well as for an owner-occupant seeking residential income alongside recent system improvements. Buyer to verify all information and measurements.

    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 $78.2k $19.80
    − Vacancy −$4.1k −$1.03
    EGI $74.2k $18.77
    − OpEx −$22.3k −$5.63
    NOI $51.9k $13.14
    3,952 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $741.8K
    $649.1K – $865.4K (±1% cap)
    NOI $51,926 @ 7.0% cap · market cap 6.17%
    Second Best
    Apartment 5plus
    $665.5K
    $582.3K – $776.4K (±1% cap)
    NOI $46,585 @ 7.0% cap · market cap 5.53%
    Theoretical Best
    Office A
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,625 @ 7.0% cap · market cap 11.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.227436
    Latitude
    36.194837

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with paid-off solar and recent exterior upgrades, featuring in-unit laundry and included appliances.
    Where is this quadplex located?
    The property is located at 6208 Ilanos Lane Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $842,000.
    What are key features of this property?
    This property features: 4‑plex investment property built in 1985 with central heating and central A/C; Fully paid‑off solar panels plus a new roof listed as major improvements; Downstairs units offer 3 bedrooms; all units include in‑unit washer and dryer
    More about this property
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