Upgraded Duplex with Private
New
For Sale
$420,000
1710 Pershing Avenue, Pahrump, NV 89048
Residential, Pahrump, NV
Property Size2,840 SF
Lot Size0.23 Acres
Price / SF$147.89
Days on Market2
Property Features for 1710 Pershing Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Window features
Blinds, Drapes
Interior features
Ceiling Fan(s), Window Treatments
Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Subdivision
Calvada Valley U7
Elementary school
,
Directions
From I-160 West, (Left) on Calvada Blvd, Left on Pershing Ave. Feel free to park in Unit A driveway (unit on the left).
Standard status
Active
APN
38-653-14
Size
2,840 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
2095
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1993
Floors in Building
1
Number of units
1
Flooring type
Carpet, Sustainable
Building materials
Stucco
Roof type
Tile
Architectural style
Other
Listing Agency:
BluePrint Real Estate Services
(702) 843-0561
Listed By:
Stephanie Moore · License #S.0174154
(909) 803-7332
Added: Aug 29
Last Checked: Aug 30 at 9:06AM
MLS# 2813244
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 duplex contains 2,840 square feet across two separate residences, with each unit offering 3 bedrooms, 2 bathrooms, more than 1,200 square feet, a two-car garage, and a private backyard. Unit A includes updated flooring, quartz kitchen counters, gray shaker cabinetry, crown molding, plantation shutters, custom light fixtures, and barn doors. Its attached garage adds epoxy flooring and custom cabinetry. Unit B is occupied by a current tenant, providing an existing rental component.
Built in 1993, the property sits on a 0.23-acre lot in Pahrump, Nevada, without an HOA. Additional features include central heating and cooling, public water and sewer, tile roofing, stucco construction, and in-unit washer, dryer, dishwasher, disposal, microwave, and refrigerator appliances.
Built in 1993, the property sits on a 0.23-acre lot in Pahrump, Nevada, without an HOA. Additional features include central heating and cooling, public water and sewer, tile roofing, stucco construction, and in-unit washer, dryer, dishwasher, disposal, microwave, and refrigerator appliances.
Key Highlights
- 2,840‑square‑foot duplex on a 0.23‑acre lot
- Each unit includes 3 bedrooms, 2 bathrooms, and more than 1,200 square feet
- Two‑car garage and private backyard for each unit
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 separate residences provide comfortable layouts, attached garages, and individual outdoor space.
Where is this duplex located?
The property is located at 1710 Pershing Avenue 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 on a 0.23‑acre lot; Each unit includes 3 bedrooms, 2 bathrooms, and more than 1,200 square feet; Two‑car garage and private backyard for each unit
