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    561 E Bourbon St Pahrump, NV 89048

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    For Sale
    $699,000

    Turn-key fourplex in Pahrump with no vacancies and strong rental income.

    Lot size:
    0.34 Acres

    Property Features for 561 E Bourbon St

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1996

    Source: Elite Realty Agent Rebecca Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Kept Pahrump Fourplex For Sale

    This well-maintained fourplex is comprised of four units, each featuring two bedrooms and two bathrooms, along with a storage room and laundry room. The property currently has no vacancies. All tenants are on one-year leases, generating a total rental income of $4150. There is no Homeowners Association. Each unit includes a washer and dryer. Tenants are responsible for covering the costs of water, electricity, and trash. Unit A has been recently remodeled with updated cabinets and flooring. Each unit has two covered parking spots. The backyard borders a former golf course, now repurposed as a walking park and bike path. The property is currently maintained by a professional property manager. The property is listed below $172 a square foot. The owners may consider an owner carry. This property is positioned as a turn-key investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Gemini Gems Jewelry Jewelry Designer

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pahrump
    County
    Nye
    State
    Nevada
    Longitude
    -116.003684
    Latitude
    36.202254

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    FAQs

    What type of property is this?
    Quadplex - Turn-key fourplex in Pahrump with no vacancies and strong rental income.
    Where is this quadplex located?
    The property is located at 561 E Bourbon St Pahrump, NV.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Turnkey 4-plex with no vacancies and positive cash flow.; - All units are 2 bedroom, 2 bath with in-unit laundry.; - Below market price at under $172 per square foot.
    (702) 806-1163
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    561 E Bourbon St Pahrump, NV 89048
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    Pahrump, NV 89048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    561 E Bourbon St Pahrump, NV 89048
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