Quadplex Residential Income
For Sale
$775,000
1705 Breckenwood Court, Las Vegas, NV 89115
Residential, Las Vegas, NV
Property Size3,920 SF
Lot Size0.20 Acres
Price / SF$197.70
Days on Market109
Property Features for 1705 Breckenwood Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Breckenwood Sub
Elementary school
,
Directions
From Lake Mead Blvd & Nellis Blvd - South on Nellis Blvd - Right on Stanley Ave - Right on Breckenwood Ct - Property on the Left.
Standard status
Active
APN
140-20-810-001
Size
3,920 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
1389
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1971
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Stucco
Roof type
Flat
Architectural style
Other
Listing Agency:
Executive Realty Services
(702) 278-8871
Listed By:
Zohra Dagar · License #S.0180716
(702) 902-9970
Added: Jun 27
Changed: Sep 21
Last Checked: Oct 13 at 10:06AM
MLS# 2795417
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 for-sale quadplex is a residential income property totaling approximately 3,920 square feet, situated on a 0.2-acre lot. As a multifamily asset, it is positioned to support a rental housing strategy, with the overall offering sized for buyers seeking a smaller scale residential income footprint.
The property is located at 1705 Breckenwood Court in Las Vegas, Nevada 89115, within Clark County. The listing provides the address and market area context, with the site size and total building square footage offered to help guide due diligence and underwriting.
For investors or owner-operators evaluating residential income opportunities, the manageable lot size and defined building area can make budgeting and property planning more straightforward than larger multifamily developments. This offering may be suitable for buyers who want to acquire a quadplex-style rental structure and incorporate it into a broader portfolio or housing business plan. Prospective buyers should review the current configuration and unit features during their property inspection and financial review.
The property is located at 1705 Breckenwood Court in Las Vegas, Nevada 89115, within Clark County. The listing provides the address and market area context, with the site size and total building square footage offered to help guide due diligence and underwriting.
For investors or owner-operators evaluating residential income opportunities, the manageable lot size and defined building area can make budgeting and property planning more straightforward than larger multifamily developments. This offering may be suitable for buyers who want to acquire a quadplex-style rental structure and incorporate it into a broader portfolio or housing business plan. Prospective buyers should review the current configuration and unit features during their property inspection and financial review.
Key Highlights
- Stucco exterior construction
- Central heating with natural gas
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,141
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,820
$842.8K
Cap Rate 7%
$602,014
$602.0K
Cap Rate 9%
$468,233
$468.2K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$63.5K $16.20/SF
− Vacancy
−$3.3K −$0.84/SF
EGI
$60.2K $15.36/SF
− OpEx
−$18.1K −$4.61/SF
NOI
$42.1K $10.75/SF
Area
ZIP 89115
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,820
Cap Rate 7%
$602,014
Cap Rate 9%
$468,233
Alternative Uses
Best Use
Multifamily LT 5
$602.0K
$526.8K – $702.4K
NOI $42,141 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$555.9K
$486.5K – $648.6K
NOI $38,916 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,038 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Explore this area
Business Placement
Demographics for 89115, NV
67,043
Population
21,670
Households
3.1
Avg Household Size
29
Median Age
9%
College-Educated
70%
High-School Grad
24.9 sq mi
ZIP Area
2,692
Density / Sq Mi
$49,648
Median Household Income
$32,198
Median Earnings
$1,294
Median Rent
$258,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - For-sale quadplex with approximately 3,920 square feet of residential income space on a 0.2-acre lot in Las Vegas.
Where is this quadplex located?
The property is located at 1705 Breckenwood Court Las Vegas, NV.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Stucco exterior construction; Central heating with natural gas; Central air conditioning
