4-Unit Residential
New
For Sale
$675,000
1336 Kari Lee Court, Las Vegas, NV 89146
Residential, Las Vegas, NV
Property Size4,232 SF
Lot Size0.21 Acres
Price / SF$159.50
Days on Market5
Property Features for 1336 Kari Lee Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Interior features
Window Treatments
Exterior features
Private Yard
Appliances
Dryer, Washer
Subdivision
Del Rey Plaza
Elementary school
,
Directions
From W Sahara Ave, head south on S Rainbow Blvd. Turn into the Del Rey Plaza neighborhood and follow local streets to Kari Lee Ct. Property is located in the cul-de-sac.
Standard status
Active
APN
163-02-112-001
Size
4,232 SF
Lot size
0.21 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
4534
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Water source
Public
Building Details
Year built
1986
Floors in Building
2
Number of units
4
Flooring type
Tile, Carpet
Building materials
Stucco, Wood Frame
Roof type
Tile
Architectural style
Other
Listing Agency:
Realty ONE Group, Inc
(702) 898-1010
Listed By:
Craig Rombough · License #S.0203871
(702) 533-1833
Added: Nov 2
Last Checked: Nov 6 at 5:06AM
MLS# 2831289
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.
Built in 1986, this four-unit residential property contains 4,232 square feet across a mix of two- and three-bedroom layouts. Three units are rented, while the fourth is owner-occupied. The roof was replaced in 2024. Tile and carpet flooring, central natural gas heating, a private yard, and washer and dryer appliances are among the property’s features. Public water and sewer serve the site, which occupies 0.21 acres.
Shopping, dining, schools, and major thoroughfares are nearby. The building uses stucco and wood-frame construction and has a tile roof.
Shopping, dining, schools, and major thoroughfares are nearby. The building uses stucco and wood-frame construction and has a tile roof.
Key Highlights
- Three of the four units are rented; the remaining unit is owner‑occupied
- 4,232 square feet with a mix of two- and three‑bedroom layouts
- Roof replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,711
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,220
$974.2K
Cap Rate 7%
$695,871
$695.9K
Cap Rate 9%
$541,233
$541.2K
Market Conditions
NOI Build-Up for 4,232 SF
Gross rent
$73.6K $17.40/SF
− Vacancy
−$4.1K −$0.96/SF
EGI
$69.6K $16.44/SF
− OpEx
−$20.9K −$4.93/SF
NOI
$48.7K $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%
$974,220
Cap Rate 7%
$695,871
Cap Rate 9%
$541,233
Alternative Uses
Best Use
Multifamily LT 5
$695.9K
$608.9K – $811.9K
NOI $48,711 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$643.1K
$562.7K – $750.2K
NOI $45,014 @ 7.0% cap · market cap 6.67%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.71M
NOI $102,363 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
Explore this area
Business Placement
Demographics for 89146, NV
19,777
Population
8,385
Households
2.4
Avg Household Size
40
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,120
Density / Sq Mi
$64,330
Median Household Income
$38,121
Median Earnings
$1,407
Median Rent
$432,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The property pairs two- and three-bedroom floor plans, with three residences rented and one occupied by the owner.
Where is this quadplex located?
The property is located at 1336 Kari Lee Court Las Vegas, NV.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three of the four units are rented; the remaining unit is owner‑occupied; 4,232 square feet with a mix of two- and three‑bedroom layouts; Roof replaced in 2024
