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    4240 E Tonopah Ave Las Vegas, NV 89115

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    For Sale
    $660,000

    Four-unit property with long-term tenants in desirable location.

    Lot size:
    0.17 Acres

    Property Features for 4240 E Tonopah Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1986

    Source: Skyline Mngmt. & R.E. Services Agent Phetsamone J. Maokhamphiou

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

    Overview

    Well-Maintained Cape Cod 4-Plex

    This well-maintained four-plex is located in the Cape Cod community. Each unit features two bedrooms, one bathroom, a living room with a fireplace, a private laundry room, and a dining area off the kitchen. Appliances are included. The property is conveniently located near schools, shopping, and public transportation. The Home Owners Association covers trash, sewer, exterior building maintenance (including roof and stairs), landscaping, common area power and water, and access to community amenities such as the pool and spa. Three units are currently occupied with long-term tenants, and one unit is currently vacant.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.08127
    Latitude
    36.192264

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with long-term tenants in desirable location.
    Where is this quadplex located?
    The property is located at 4240 E Tonopah Ave Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: - Turnkey investment opportunity with immediate income potential.; - Well-maintained 4-plex in a desirable location.; - Each unit includes 2 bedrooms, 1 bathroom, **fireplace**, private laundry, and large dining area.
    (702) 815-5596
    Request Owner's contact information
    4240 E Tonopah Ave Las Vegas, NV 89115
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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
    4240 E Tonopah Ave Las Vegas, NV 89115
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