Townhome-Style Quadplex with
For Sale
$995,000
1332 Sunblossom St, Las Vegas, NV 89128
Four individually configured units offer private outdoor areas, appliance packages, and two-story townhome-style layouts without an HOA.
Property Size4,052 SF
Price / SF$245.56
Days on Market47
Property Features for 1332 Sunblossom St
General Information
Standard status
Active
Size
4,052 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2.5BA, 2 x 2BR/1.5BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,569
Amenities
community pool
Building Details
Building Size
4,052 SF
Year Built
1990
Stories
2
Units
4
Listing Agency:
Realty Executives Southern Nevada Properties
Listed By:
Laura E. Harbison · License #B.0026537
(702) 777-1234
Source:
Elliman
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 26 at 3:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Southern Nevada Properties
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Investment Insights
Based on property information with market context.
Built in 1990, this four-unit residential income property contains approximately 4,052 total square feet across two-story, townhome-style residences. The mix includes two three-bedroom, 2.5-bath units and two two-bedroom, 1.5-bath units. Each residence includes a two-car garage, while outdoor space consists of three private patios and one private fenced yard.
Interior features include gas ranges, dishwashers, microwaves, refrigerators, and washer and dryer sets, along with carpeting, decorative vinyl flooring, window blinds, and dual-pane windows. The property is located at 1332 Sunblossom St in Las Vegas, with access to the Rainbow Gardens Swim Club community pool. There is no HOA; the community is managed by an on-site manager as required by the CCRS. WalkScore is 53, BikeScore is 44, and TransitScore is 36.
Interior features include gas ranges, dishwashers, microwaves, refrigerators, and washer and dryer sets, along with carpeting, decorative vinyl flooring, window blinds, and dual-pane windows. The property is located at 1332 Sunblossom St in Las Vegas, with access to the Rainbow Gardens Swim Club community pool. There is no HOA; the community is managed by an on-site manager as required by the CCRS. WalkScore is 53, BikeScore is 44, and TransitScore is 36.
Key Highlights
- Approximately 4,052 total square feet across four residential units
- Unit mix includes 2 three‑bedroom, 2.5‑bath residences and 2 two‑bedroom, 1.5‑bath residences
- Two‑story layouts with 2 car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,639
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,780
$932.8K
Cap Rate 7%
$666,271
$666.3K
Cap Rate 9%
$518,211
$518.2K
Market Conditions
NOI Build-Up for 4,052 SF
Gross rent
$70.5K $17.40/SF
− Vacancy
−$3.9K −$0.96/SF
EGI
$66.6K $16.44/SF
− OpEx
−$20.0K −$4.93/SF
NOI
$46.6K $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 Rate 5%
$932,780
Cap Rate 7%
$666,271
Cap Rate 9%
$518,211
Alternative Uses
Best Use
Multifamily LT 5
$666.3K
$583.0K – $777.3K
NOI $46,639 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$615.7K
$538.7K – $718.3K
NOI $43,099 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$1.40M
$1.23M – $1.63M
NOI $98,010 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,552
Businesses Nearby
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Business Placement
Demographics for 89128, NV
37,882
Population
16,840
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
6,314
Density / Sq Mi
$70,641
Median Household Income
$41,581
Median Earnings
$1,621
Median Rent
$378,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four individually configured units offer private outdoor areas, appliance packages, and two-story townhome-style layouts without an HOA.
Where is this quadplex located?
The property is located at 1332 Sunblossom St Las Vegas, NV.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Approximately 4,052 total square feet across four residential units; Unit mix includes 2 three‑bedroom, 2.5‑bath residences and 2 two‑bedroom, 1.5‑bath residences; Two‑story layouts with 2 car garages
