Updated Duplex with Private
New
For Sale
$420,000
1710 Pershing Ave, Pahrump, NV 89048
Two three-bedroom residences combine upgraded interiors, separate garages, private outdoor space, and no HOA restrictions.
Property Size2,840 SF
Price / SF$147.89
Days on Market2
Property Features for 1710 Pershing Ave
General Information
Standard status
Active
Size
2,840 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Building Details
Year Built
1993
Listing Agency:
Scofield Group LLC
(702) 302-2108
Listed By:
Kristina Allan
(702) 302-2108
Source:
Kallanlvre
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 8:24AM
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 Scofield Group LLC
Investment Insights
Based on property information with market context.
Built in 1993, this 2,840-square-foot duplex contains two separate residences, each with 3 bedrooms, 2 bathrooms, more than 1,200 square feet, a two-car garage, and a private backyard. The property provides distinct living spaces within one income-producing asset, with an existing tenant in Unit B.
Unit A features new flooring, quartz kitchen countertops, gray shaker cabinets, crown molding, plantation shutters, custom lighting, and barn doors. Its garage includes epoxy flooring and custom cabinetry for additional storage. Both residences offer practical layouts, private yards, and dedicated garage parking. The property is located in Pahrump, Nevada, and has no HOA.
Unit A features new flooring, quartz kitchen countertops, gray shaker cabinets, crown molding, plantation shutters, custom lighting, and barn doors. Its garage includes epoxy flooring and custom cabinetry for additional storage. Both residences offer practical layouts, private yards, and dedicated garage parking. The property is located in Pahrump, Nevada, and has no HOA.
Key Highlights
- 2,840‑square‑foot duplex built in 1993
- Each unit has 3 bedrooms, 2 bathrooms, over 1,200 square feet, a two‑car garage, and a private backyard
- Unit A includes quartz countertops, gray shaker cabinetry, new flooring, and custom finishes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,240
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,800
$504.8K
Cap Rate 7%
$360,571
$360.6K
Cap Rate 9%
$280,444
$280.4K
Market Conditions
NOI Build-Up for 2,840 SF
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.
Gross rent
$38.5K $13.56/SF
− Vacancy
−$2.5K −$0.86/SF
EGI
$36.1K $12.70/SF
− OpEx
−$10.8K −$3.81/SF
NOI
$25.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,800
Cap Rate 7%
$360,571
Cap Rate 9%
$280,444
Alternative Uses
Best Use
Multifamily LT 5
$360.6K
$315.5K – $420.7K
NOI $25,240 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$332.2K
$290.7K – $387.6K
NOI $23,257 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$902.5K
$789.7K – $1.05M
NOI $63,172 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
196
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?
Duplex - Two three-bedroom residences combine upgraded interiors, separate garages, private outdoor space, and no HOA restrictions.
Where is this duplex located?
The property is located at 1710 Pershing Ave Pahrump, NV.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 2,840‑square‑foot duplex built in 1993; Each unit has 3 bedrooms, 2 bathrooms, over 1,200 square feet, a two‑car garage, and a private backyard; Unit A includes quartz countertops, gray shaker cabinetry, new flooring, and custom finishes
