6979 Issac Avenue, Las Vegas, NV 89156
MULTI_FAMILY - Other - Las Vegas, NV
- Added:
- Jan 2, 2026
- Days on Market:
- 176
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 6979 Issac Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Window features
- Blinds
- Interior features
- Ceiling Fan(s), Window Treatments
- Appliances
- Oven, Range
- Standard status
- Active
- APN
- 140-23-111-035
- Size
- 3,260 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1893
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1983
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Tile
- Building materials
- Stucco, Wood Frame
- Roof type
- Tile
- Architectural style
- Other
Listing agent Christopher A. Dewitt License #S.0192488 (702) 403-6090
Listing office Realty ONE Group, Inc 5550 Painted Mirage Road #140, NV (702) 898-0101
Listing date Jan 2, 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
- Fourplex built in 1983 on a 6,970 SF lot with 3,260 SF of living space
- Four 2‑bedroom, 1‑bath units with private laundry room in each unit
- Each unit includes oven and range; central heating and central A/C
- Tile and carpet flooring; stucco and wood frame construction; tile roof
- Public water and public sewer
- No HOA; current rents are $1,050 and $1,150 per month with two long‑term tenants
Overview
The property is located at 6979 Issac Avenue in the Las Vegas, NV 89156 area, described as the Sunrise Mountain area. The public remarks also indicate proximity to shopping, dining, and outdoor recreation, along with scenic city and mountain views.
For investors or owner-users seeking a small residential income property, the unit mix provides a straightforward fourplex configuration with in-unit laundry. The lack of an HOA is called out in the remarks, and the presence of long-term tenants may support continuity of occupancy. Those looking for a turnkey, multi-unit asset can consider scheduling a showing to review the individual unit layouts and the condition of the property firsthand.
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 | $56.7k | $17.40 |
| − Vacancy | −$3.1k | −$0.96 |
| EGI | $53.6k | $16.44 |
| − OpEx | −$16.1k | −$4.93 |
| NOI | $37.5k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.020515
- Latitude
- 36.200435
