Fourplex with No
For Sale
$685,000
1444 Star Road, Pahrump, NV 89048
MULTI_FAMILY - Other - Pahrump, NV
Property Size4,310 SF
Lot Size0.19 Acres
Price / SF$158.93
Days on Market198
Property Features for 1444 Star Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Window features
Blinds
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Window Treatments
Exterior features
Private Yard
Appliances
Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
Subdivision
Calvada Valley U7
Elementary school
,
Directions
FROM HIGHWAY 160 & CALVADA, HEAD WEST ON CALVADA, RIGHT ON MOUNT CHARLESTON DR, LEFT ON RED BUTTE, LEFT ON STAR ROAD, PROPERTY ONM THE RIGHT SIDE
Standard status
Active
APN
39-611-18
Size
4,310 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
2882
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
covered front porches
blocked-in patio areas
separate laundry rooms
individual storage areas
Building Details
Year built
1998
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
Stucco
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
Keller Williams VIP · Keller Williams Realty
(702) 905-1110
Listed By:
Lisa Shahin · License #BS.0146790
(702) 503-9104
Added: Jan 20
Changed: Aug 3
Last Checked: Aug 6 at 11:06AM
MLS# 2747982
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 fourplex on Star Road is built for straightforward, long-term occupancy. Constructed in 1998 with stucco exterior and vinyl flooring, the property includes electric heating with central cooling. Each of the four units is fully rented and offers three bedrooms and two bathrooms, with 1,077 square feet of living space per unit. Tenants have covered front porches, patio space, and assigned covered parking. Separate laundry rooms and individual storage areas are provided for each unit.
The property sits on a 0.19-acre lot and includes a private yard. Utilities are connected to public water and public sewer, with a composition shingle roof.
With all units currently rented and an HOA not required, the building presents a clean option for investors seeking a multi-unit property with in-unit functionality and dedicated tenant amenities.
The property sits on a 0.19-acre lot and includes a private yard. Utilities are connected to public water and public sewer, with a composition shingle roof.
With all units currently rented and an HOA not required, the building presents a clean option for investors seeking a multi-unit property with in-unit functionality and dedicated tenant amenities.
Key Highlights
- 0.19‑acre fourplex built in 1998 with composition shingle roof
- All four units are fully rented with no HOA
- Each unit offers 3 bedrooms and 2 bathrooms with 1,077 SF of living space
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 | $58.4k | $13.56 |
| − Vacancy | −$3.7k | −$0.86 |
| EGI | $54.7k | $12.70 |
| − OpEx | −$16.4k | −$3.81 |
| NOI | $38.3k | $8.89 |
4,310 SF · lease $13.56/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$547.2K
$478.8K – $638.4K
NOI $38,305 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$504.2K
$441.2K – $588.3K
NOI $35,295 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,869 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented fourplex offering no HOA, with covered porches and assigned covered parking for each unit.
Where is this quadplex located?
The property is located at 1444 Star Road Pahrump, NV.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 0.19‑acre fourplex built in 1998 with composition shingle roof; All four units are fully rented with no HOA; Each unit offers 3 bedrooms and 2 bathrooms with 1,077 SF of living space
