4-Unit Townhome-Style
For Sale
$995,000
1332 Sunblossom Street, Las Vegas, NV 89128
Residential, Las Vegas, NV
Property Size4,052 SF
Lot Size0.28 Acres
Price / SF$245.56
Days on Market48
Property Features for 1332 Sunblossom Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Window features
Blinds
Patio and Porch features
Patio
Interior features
Window Treatments
Exterior features
Private Yard
Appliances
Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Subdivision
Rainbow Gardens
Elementary school
,
Directions
Take I-15 N, exit toward Rainbow Boulevard, turn left onto Vegas Drive, left onto Rock Springs Drive, left on Cornflower, which turns into Sunblossom.
Standard status
Active
APN
138-27-517-006
Size
4,052 SF
Lot size
0.28 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
5569
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
pool
washer & dryer
Building Details
Year built
1990
Floors in Building
2
Number of units
4
Flooring type
Carpet
Building materials
Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
Realty Executives Southern · Realty Executives International
Listed By:
Laura E. Harbison · License #B.0026537
(702) 777-1234
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 9:06AM
MLS# 2813908
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.
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Investment Insights
Based on property information with market context.
This 4,052-square-foot quadplex contains four two-story residences, each with a two-car garage. Two units have three bedrooms and 2.5 bathrooms apiece; the other two offer two bedrooms and 1.5 bathrooms. Three homes have private patios, while the fourth has a fenced yard. Appliance packages include ranges, dishwashers, microwaves, refrigerators, washers, and dryers. Carpet and vinyl flooring, window treatments, and dual-pane windows are also noted. Two units received extensive interior updates in 2026.
The property occupies a 0.28-acre site. Residents have access to the Rainbow Gardens Swim Club community pool. There is no HOA; CCRs require management by an on-site manager. All four units are leased. The building was constructed in 1990 and has central heating and air conditioning.
The property occupies a 0.28-acre site. Residents have access to the Rainbow Gardens Swim Club community pool. There is no HOA; CCRs require management by an on-site manager. All four units are leased. The building was constructed in 1990 and has central heating and air conditioning.
Key Highlights
- Four units totaling 4,052 square feet on a 0.28‑acre parcel
- Two units have 3 bedrooms and 2.5 bathrooms; two have 2 bedrooms and 1.5 bathrooms
- Two‑story residences, each with a two‑car garage
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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Who owns this building?
See the owner, sales and loan history
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Lease Details
4
Residential units
100%
Occupancy
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 two-level residences combine private outdoor areas with attached two-car garages.
Where is this quadplex located?
The property is located at 1332 Sunblossom Street 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: Four units totaling 4,052 square feet on a 0.28‑acre parcel; Two units have 3 bedrooms and 2.5 bathrooms; two have 2 bedrooms and 1.5 bathrooms; Two‑story residences, each with a two‑car garage
