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    Updated Quadplex with Parking Title is generated by Realmo AI

    6982 Hopkins Drive, Las Vegas, NV 89156

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    Claim this Listing
    New
    For Sale
    $690,000

    MULTI_FAMILY - Other - Las Vegas, NV

    Property size:
    4,072 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $169/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 12:06 pm

    Property Features for 6982 Hopkins Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Interior features
    Storage
    Appliances
    Dishwasher, Oven, Range, Refrigerator
    Standard status
    Active
    APN
    140-23-111-020
    Size
    4,072 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1854

    Utilities

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

    Building Details

    Year built
    1983
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile, Vinyl
    Building materials
    Stucco, Wood Frame
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Contact an agent
    Ryan Crighton

    Listing agent Ryan Crighton License #BS.0000254

    Listing office Rothwell Gornt Companies 105 N Pecos Rd Ste 140, Henderson, NV

    Listing date Jun 25, 2026

    MLS# 2795079

    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

    • Four units with 3 bedrooms and 2 bathrooms each
    • Updated, move‑in ready property with refreshed kitchens and bathrooms
    • Central heating (natural gas) and central A/C
    • Public water and public sewer
    • Abundant on‑site parking with a low‑maintenance yard
    • 1983 construction with stucco and wood‑frame exterior; tile and vinyl flooring

    Overview

    This updated quadplex offers four separate residential units, each with three bedrooms and two bathrooms. The property is described as move-in ready, with refreshed kitchens and bathrooms throughout. Exterior improvements include a low-maintenance yard and abundant on-site parking to support day-to-day resident needs.

    Located in the Sierra Sunrise Community in Las Vegas, Nevada, the property provides quick access to major corridors, along with nearby shopping and schools. The listing also notes proximity to the revitalizing Downtown district.

    For buyers seeking a small multifamily residential income property, this configuration supports multiple households under one ownership. The unit mix is consistent across the building, which can simplify leasing and operations compared with properties that rely on more varied floorplans. With updated interior finishes and practical exterior features like parking and a low-maintenance yard, the asset is positioned for straightforward resident occupancy.

    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 $70.9k $17.40
    − Vacancy −$3.9k −$0.96
    EGI $67.0k $16.44
    − OpEx −$20.1k −$4.93
    NOI $46.9k $11.51
    4,072 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $669.6K
    $585.9K – $781.2K (±1% cap)
    NOI $46,869 @ 7.0% cap · market cap 6.79%
    Second Best
    Apartment 5plus
    $618.7K
    $541.4K – $721.9K (±1% cap)
    NOI $43,312 @ 7.0% cap · market cap 6.28%
    Theoretical Best
    Specialty Retail
    $1.41M
    $1.23M – $1.64M (±1% cap)
    NOI $98,493 @ 7.0% cap · market cap 14.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.020636
    Latitude
    36.201539

    FAQs

    What type of property is this?
    Quadplex - Four updated 3-bedroom, 2-bath units with refreshed kitchens and bathrooms, plus abundant parking and a low-maintenance yard.
    Where is this quadplex located?
    The property is located at 6982 Hopkins Drive Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: Four units with 3 bedrooms and 2 bathrooms each; Updated, move‑in ready property with refreshed kitchens and bathrooms; Central heating (natural gas) and central A/C
    More about this property
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