Quadplex Residential Income
For Sale
$775,000
6990 Dunsbach Way, Las Vegas, NV 89156
Residential, Las Vegas, NV
Property Size4,152 SF
Lot Size0.19 Acres
Price / SF$186.66
Days on Market60
Property Features for 6990 Dunsbach Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Interior features
Ceiling Fan(s), Window Treatments
Appliances
Dishwasher, Oven, Range, Refrigerator, Washer
Subdivision
Sierra Sunrise
Elementary school
,
Directions
From Hollywood Blvd & Lake Mead Blvd - East on Lake Mead Blvd - Left on Radwick Dr - Right on Kilgore Dr - Left on Exeter Dr - Right on Dunsbach Way - Property on the Left.
Standard status
Active
APN
140-23-115-013
Size
4,152 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
1902
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1983
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Stucco
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Executive Realty Services
(702) 278-8871
Listed By:
Zohra Dagar · License #S.0180716
(702) 902-9970
Added: Jun 27
Changed: Aug 20
Last Checked: Aug 25 at 7:06AM
MLS# 2795419
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.
Investment Insights
Based on property information with market context.
This property is a quadplex-style residential income asset listed for sale, with a total building size of 4,152 square feet on a 0.19-acre lot. It is being offered as a multi-family property opportunity, suitable for buyers looking to own a compact rental building.
The property is located at 6990 Dunsbach Way in Las Vegas, Nevada 89156, in Clark County. As provided, the listing does not include specific information on unit mix, interior condition, or on-site amenities, but the recorded building and lot size support a small-footprint, residential investment format.
For investors and owner-operators, this quadplex configuration can be a practical fit for those seeking multi-family exposure in a single, combined residential building rather than separate properties. Prospective buyers should review the full offering details during due diligence to confirm current status, layout, and any income or expense components associated with the asset.
The property is located at 6990 Dunsbach Way in Las Vegas, Nevada 89156, in Clark County. As provided, the listing does not include specific information on unit mix, interior condition, or on-site amenities, but the recorded building and lot size support a small-footprint, residential investment format.
For investors and owner-operators, this quadplex configuration can be a practical fit for those seeking multi-family exposure in a single, combined residential building rather than separate properties. Prospective buyers should review the full offering details during due diligence to confirm current status, layout, and any income or expense components associated with the asset.
Key Highlights
- 1983‑built home with stucco construction and tile flooring
- Central air conditioning with central electric heating
- Appliances included: dishwasher, oven, range, refrigerator, and washer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,790
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$955,800
$955.8K
Cap Rate 7%
$682,714
$682.7K
Cap Rate 9%
$531,000
$531.0K
Market Conditions
NOI Build-Up for 4,152 SF
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.
Gross rent
$72.2K $17.40/SF
− Vacancy
−$4.0K −$0.96/SF
EGI
$68.3K $16.44/SF
− OpEx
−$20.5K −$4.93/SF
NOI
$47.8K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$955,800
Cap Rate 7%
$682,714
Cap Rate 9%
$531,000
Alternative Uses
Best Use
Multifamily LT 5
$682.7K
$597.4K – $796.5K
NOI $47,790 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$630.9K
$552.0K – $736.1K
NOI $44,163 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$1.43M
$1.26M – $1.67M
NOI $100,428 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 89156, NV
30,067
Population
10,413
Households
2.9
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
44.7 sq mi
ZIP Area
673
Density / Sq Mi
$69,783
Median Household Income
$36,342
Median Earnings
$1,354
Median Rent
$288,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - For-sale quadplex on a small lot, offering an income-focused residential configuration.
Where is this quadplex located?
The property is located at 6990 Dunsbach Way Las Vegas, NV.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 1983‑built home with stucco construction and tile flooring; Central air conditioning with central electric heating; Appliances included: dishwasher, oven, range, refrigerator, and washer
