Fourplex with Covered
For Sale
$675,000
1444 Star Rd, Pahrump, NV 89048
Fully rented multifamily property with mountain views, individual laundry rooms, and dedicated storage for every residence.
Property Size4,310 SF
Price / SF$156.61
Days on Market62
Property Features for 1444 Star Rd
General Information
Standard status
Active
Size
4,310 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Amenities
covered front porches
blocked-in patio areas
separate laundry rooms
individual storage areas
Building Details
Year Built
1998
Buildings
1
Listing Agency:
Keller Williams VIP
Listed By:
Lisa Shahin · License #BS.0146790
(702) 503-9104
Source:
Cameronhardygroup
Added: Aug 14
Changed: Oct 8
Last Checked: Oct 12 at 9:32PM
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 Keller Williams VIP
Investment Insights
Based on property information with market context.
This 1998-built quadplex contains four residences, each offering three bedrooms, two bathrooms, and 1,077 square feet of living space. The property is fully rented and includes covered front porches, enclosed patio areas, assigned covered parking, separate laundry rooms, and individual storage areas for each unit. No HOA applies to the property.
Located at 1444 Star Rd in Pahrump, Nevada, the fourplex is situated minutes from restaurants, shopping, and highway access. Mountain views add to the setting, while the unit layouts and individually assigned amenities provide consistent features across the property.
The property size is 4,310 square feet, and the four-unit configuration provides a straightforward multifamily asset with established occupancy.
Located at 1444 Star Rd in Pahrump, Nevada, the fourplex is situated minutes from restaurants, shopping, and highway access. Mountain views add to the setting, while the unit layouts and individually assigned amenities provide consistent features across the property.
The property size is 4,310 square feet, and the four-unit configuration provides a straightforward multifamily asset with established occupancy.
Key Highlights
- Four units, each with 3 bedrooms, 2 bathrooms, and 1,077 square feet
- Fully rented quadplex at 1444 Star Rd, Pahrump, NV 89048
- 1998‑built property with 4,310 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,305
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,100
$766.1K
Cap Rate 7%
$547,214
$547.2K
Cap Rate 9%
$425,611
$425.6K
Market Conditions
NOI Build-Up for 4,310 SF
Gross rent
$58.4K $13.56/SF
− Vacancy
−$3.7K −$0.86/SF
EGI
$54.7K $12.70/SF
− OpEx
−$16.4K −$3.81/SF
NOI
$38.3K $8.89/SF
Area
Nye County, NV
Vacancy
6.37%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,100
Cap Rate 7%
$547,214
Cap Rate 9%
$425,611
Alternative Uses
Best Use
Multifamily LT 5
$547.2K
$478.8K – $638.4K
NOI $38,305 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$504.2K
$441.2K – $588.3K
NOI $35,295 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,869 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
Business Placement
Demographics for 89048, NV
25,166
Population
11,571
Households
2.2
Avg Household Size
54
Median Age
13%
College-Educated
87%
High-School Grad
86.0 sq mi
ZIP Area
293
Density / Sq Mi
$55,747
Median Household Income
$35,405
Median Earnings
$1,162
Median Rent
$292,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented multifamily property with mountain views, individual laundry rooms, and dedicated storage for every residence.
Where is this quadplex located?
The property is located at 1444 Star Rd Pahrump, 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: Four units, each with 3 bedrooms, 2 bathrooms, and 1,077 square feet; Fully rented quadplex at 1444 Star Rd, Pahrump, NV 89048; 1998‑built property with 4,310 square feet of property size
