Two-Story
For Sale
$699,950
140 Judy Lane, Henderson, NV 89015
MULTI_FAMILY - Other - Henderson, NV
Property Size2,924 SF
Lot Size0.17 Acres
Price / SF$239.38
Days on Market99
Property Features for 140 Judy Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Interior features
Window Treatments
Appliances
Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood
Subdivision
Westminister Sub Amd
Elementary school
,
Directions
215 TOWARD HENDERSON EXIT TAKE LAKE MEAD PRKWY TURN RIGHT ON BURKHOLDER BLVD ..RIGHT ON JUDY LN PROPERTY ON LEFT
Standard status
Active
APN
179-17-115-001
Size
2,924 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
2122
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1978
Floors in Building
2
Number of units
4
Flooring type
Carpet, Tile, Tile - Ceramic
Building materials
Stucco, Wood Siding
Roof type
Flat
Architectural style
Other
Listing Agency:
Elite Realty
(702) 228-7227
Listed By:
Alexis S. Harding · License #BS.0001657
(702) 348-6443
Added: Apr 30
Changed: Aug 1
Last Checked: Aug 6 at 11:06AM
MLS# 2777858
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.
Investment Insights
Based on property information with market context.
This two-story quadplex at 140 Judy Lane includes an apartment with two bedrooms and one bathroom. The interior features window treatments, carpet and tile flooring, and upgraded granite countertops, flooring, and cabinets. The unit includes a range, oven, refrigerator, disposal, and an exhaust fan, with a range hood as well. The building is constructed with stucco and wood siding, features a flat roof, and is served by public water and public sewer.
The property sits on a 0.17-acre lot and was built in 1978. Heating is central electric and cooling is central air.
With its existing interior finishes and core utilities in place, this quadplex can be considered for residential income use within the Henderson area.
The property sits on a 0.17-acre lot and was built in 1978. Heating is central electric and cooling is central air.
With its existing interior finishes and core utilities in place, this quadplex can be considered for residential income use within the Henderson area.
Key Highlights
- Upgraded granite countertops, flooring, and cabinets
- Two‑bedroom, one‑bath apartment layout
- 0.17‑acre lot with a 2,924 SF building
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.9k | $17.40 |
| − Vacancy | −$2.5k | −$0.86 |
| EGI | $48.4k | $16.54 |
| − OpEx | −$14.5k | −$4.96 |
| NOI | $33.9k | $11.58 |
2,924 SF · lease $17.40/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$483.6K
$423.2K – $564.3K
NOI $33,855 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$444.3K
$388.8K – $518.4K
NOI $31,101 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$1.02M
$896.3K – $1.20M
NOI $71,701 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 89015, NV
41,203
Population
16,812
Households
2.5
Avg Household Size
41
Median Age
20%
College-Educated
89%
High-School Grad
37.3 sq mi
ZIP Area
1,105
Density / Sq Mi
$71,300
Median Household Income
$41,509
Median Earnings
$1,324
Median Rent
$373,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story quadplex with upgraded finishes, central electric heat and central air, and public water and sewer service.
Where is this quadplex located?
The property is located at 140 Judy Lane Henderson, NV.
What is the asking price?
The asking price for this property is $699,950.
What are key features of this property?
This property features: Upgraded granite countertops, flooring, and cabinets; Two‑bedroom, one‑bath apartment layout; 0.17‑acre lot with a 2,924 SF building
